| Primary address | 551 Lexington Avenue |
| Neighborhood | Bedford-Stuyvesant |
| Zip code | 11221 |
| Borough | Brooklyn |
| Block & lot | 01801-0050 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 05/23/2025 |
| Purchase price | $800,000 |
| Tax class | Register |
| Estimated property tax | $1,551 |
| Lot sqft | 1,667 |
| Lot dimensions | |
| Building class | City Residence One Family (A4) |
| Building sqft | 1,200 |
| Building dimensions | |
| Buildings on lot | 1 |
| Stories | 2 |
| Structure type | Old style |
| Building material | Brick |
| Exterior wall | Brick/masonry |
| Basement type | Full |
| Year built | 1899 |
| Frontage(s) | Lexington Avenue (wide) |
| School district | 16 |
| Community district | 3 |
| Closest police station | 0.23 Miles |
| Closest fire station | 0.24 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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551 Lexington Avenue, Brooklyn, NY 11221 was built in 1899 and has a total of 1,200 square feet.
What is the assessed value of 551 Lexington Avenue, Brooklyn, NY 11221 and the property tax paid?Assessed at $54,180, the tax amount paid for 551 Lexington Avenue, Brooklyn, NY 11221 is $1,549. For the next year, the tax amount for 551 Lexington Avenue, Brooklyn, NY 11221 is estimated at $1,551.
When was 551 Lexington Avenue, Brooklyn, NY 11221 last sold and what was the last sale price?551 Lexington Avenue, Brooklyn, NY 11221 was last sold in 05/23/2025 for $800,000.
How many residential units does this building have?This building has 1 residential unit(s).
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 551 Lexington Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 551 Lexington Avenue, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $1,549 |
| Estimated property tax: | $1,551 |
| Tax assessor's market value: | $903,000 |
| Assessed value: | $54,180 |
Here's the assessment & property tax history for 551 Lexington Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $903,000 | $54,180 | $7,807 | 19.843% | $1,549 | $1,549 | +0.14% |
| 2024/25 | $885,000 | $53,100 | $7,702 | 20.085% | $1,547 | $1,547 | +5.94% |
| 2023/24 | $1,048,000 | $62,880 | $7,270 | 20.085% | $1,460 | $1,460 | +4.59% |
| 2022/23 | $1,148,000 | $68,880 | $6,874 | 20.309% | $1,396 | $1,396 | +7.31% |
| 2021/22 | $1,259,000 | $75,540 | $6,517 | 19.963% | $1,301 | $1,301 | -4.98% |
The complete history of permits filed for 551 Lexington Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Bedford-Stuyvesant so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Bedford-Stuyvesant and compare it to other neighborhoods in Brooklyn.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Broadway & Myrtle Ave at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | J-M-Z | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.576 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Marcus Garvey Bl/Lexington Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.043 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| P.S. 25 Eubie Blake School | 3 | Yes | Public | PK, K-5 | 60 | 0.16 |
| P.S. 25 Eubie Blake School | 3 | Yes | Public | PK, K-5 | 60 | 0.16 |
| The Co-Op School | NR | No | Private | K-7 | 118 | 0.13 |
| Success Academy Charter School-Nyc 9 | 9 | No | Charter | 5-8 | 232 | 0.16 |
| P.S. 44 Marcus Garvey | 3 | No | Public | PK, K-5 | 119 | 0.22 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| The Co-Op School | NR | No | Private | K-7 | 118 | 0.13 |
| Success Academy Charter School-Nyc 9 | 9 | No | Charter | 5-8 | 232 | 0.16 |
| Unity Prep Charter School of Brooklyn | 6 | No | Charter | 6-12 | 558 | 0.22 |
| Ember Charter School | 7 | No | Charter | K-12 | 423 | 0.25 |
| P.S. 308 Clara Cardwell | 3 | No | Public | PK, K-8 | 212 | 0.25 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Boys and Girls High School | 2 | Yes | Public | 9-12 | 403 | 0.84 |
| Unity Prep Charter School of Brooklyn | 6 | No | Charter | 6-12 | 558 | 0.22 |
| Ember Charter School | 7 | No | Charter | K-12 | 423 | 0.25 |
| Mount Pleasant Christian Academy | NR | No | Private | 1-12 | 0 | 0.33 |
| Mt Pleasant Christian Academy | NR | No | Private | PK-12 | 10 | 0.35 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 551 Lexington Avenue, Brooklyn, NY 11221.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 541 Lexington Ave, Brooklyn | 1,428 | 10/03/2024 | |
| 539 Lexington Ave, Brooklyn | 1,428 | 05/29/2025 | $1,495,000 |
| 517 Lexington Ave, Brooklyn | 2,025 | 04/03/2025 | |
| 722 Greene Ave, Brooklyn | 3,291 | 04/02/2012 | |
| 708 Greene Ave, Brooklyn | 3,659 | 09/02/2004 | $520,000 |
| 543 A Lexington Ave, Brooklyn | 1,428 | 03/23/2000 | |
| 533 Lexington Ave, Brooklyn | 1,364 | 01/22/2019 | $899,000 |
| 718 Greene Ave, Brooklyn | 3,452 | 02/27/2023 | $1,800,000 |
| 712 Greene Ave, Brooklyn | 3,600 | 12/16/1977 | |
| 706 Greene Ave, Brooklyn | 3,098 | 07/11/2013 | $305,000 |
| 531 Lexington Ave, Brooklyn | 1,512 | 10/06/2025 | |
| 720 Greene Ave, Brooklyn | 3,512 | 11/02/1994 | |
| 710 Greene Ave, Brooklyn | 3,600 | 06/26/1997 | |
| 543 Lexington Ave, Brooklyn | 2,142 | 12/27/2021 | $10,000 |
| 539 A Lexington Ave, Brooklyn | 1,428 | 08/07/1995 | |
| 537 Lexington Ave, Brooklyn | 1,428 | 10/26/2000 | |
| 724 Greene Ave, Brooklyn | 2,014 | 12/09/2019 | |
| 714 Greene Ave, Brooklyn | 3,376 | 09/20/2025 | |
| 712 A Greene Ave, Brooklyn | 3,600 | 03/27/2017 | $1,300,000 |
