New York City  »  11221  »  Lexington Ave  »  505 Lexington Ave

505 Lexington Avenue, Brooklyn, NY 11221 Property Information

505 Lexington Avenue, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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505 Lexington Avenue, Brooklyn, NY 11221 2
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Address

Primary address 505 Lexington Avenue
Secondary address 507-509 Lexington Ave
Neighborhood Bedford-Stuyvesant
Zip code 11221
Borough Brooklyn
Block & lot 01801-0076

Sales & Tax Overview for 505 Lexington Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $30,109

Lot & Building Information for 505 Lexington Avenue, Brooklyn

Lot sqft 6,000
Lot dimensions 60 ft x 100 ft
Building class Miscellaneous Warehouse (E9) i
Building sqft 6,540
Building dimensions 40 ft x 81.75 ft
Buildings on lot 2
Stories 2
Year built 1931
Construction type
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Zoning & Use for 505 Lexington Avenue, Brooklyn

Zoning
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 16
Community district 3
Closest police station 0.13 Miles
Closest fire station 0.30 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 505 Lexington Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 505 Lexington Avenue, Brooklyn, NY 11221, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 505 Lexington Avenue, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 507-509 Lexington Ave, Brooklyn, NY 11221

About 505 Lexington Avenue, Brooklyn

How many square feet does 505 Lexington Avenue, Brooklyn, NY 11221 have?

This Miscellaneous Warehouse (E9) located at 505 Lexington Avenue, Brooklyn, NY 11221 has a total of 6,540 square feet.

What is the year built & the current market value of 505 Lexington Avenue, Brooklyn, NY 11221?

505 Lexington Avenue, Brooklyn, NY 11221 was built in 1931 and has a current tax assessor's market value of $606,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 505 Lexington Avenue, Brooklyn

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Property owner name for 505 Lexington Avenue, Brooklyn, NY 11221
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Building contacts for 505 Lexington Avenue, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
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Past Sales & Property History for 505 Lexington Avenue, Brooklyn

Create a free account to view the complete sales history for 505 Lexington Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 505 Lexington Avenue, Brooklyn

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.

Date Type Amount Party 1 Party 2 Doc image
04/25/1986 - R Lease
(3860001162386)
03/05/1986 - D
04/15/1986 - R
Deed
(3980001159198)
08/21/1985 - D
09/18/1985 - R
Deed
(3700001113170)
06/28/1967 - R Deed
(36730046100305)
           
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R: Recorded date
D: Document date

Property Taxes for 505 Lexington Avenue, Brooklyn

Access detailed property tax data for 505 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: $28,098
Estimated property tax: $30,109
Tax assessor's market value: $606,000
Assessed value: $272,700

Assessment History for 505 Lexington Avenue, Brooklyn

Here's the assessment & property tax history for 505 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 $606,000 $272,700 $259,020 10.848% $28,098 $28,098 +0.90%
2024/25 $580,000 $261,000 $258,750 10.762% $27,847 $27,847 +1.25%
2023/24 $633,000 $284,850 $259,650 10.592% $27,502 $27,502 +3.14%
2022/23 $585,000 $263,250 $250,470 10.646% $26,665 $26,665 +16.24%
2021/22 $474,000 $213,300 $213,300 10.755% $22,940 $22,940 -11.33%

Permits for 505 Lexington Avenue, Brooklyn

The complete history of permits filed for 505 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.

No recorded permits for this property.

Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Nostrand Ave & Lafayette Ave at SW Corner
Station lines G
Distance (miles) 0.532
View subway map
Bus Routes
Name Throop Av/Greene Av
Line B43
Distance (miles) 0.062

Neighbors for 505 Lexington Avenue, Brooklyn

Here are the neighbors for 505 Lexington Avenue, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
726 Greene Ave, Brooklyn 2,014 11/14/2024
557 Lexington Ave, Brooklyn 2,014 07/17/2025 $10
553 Lexington Ave, Brooklyn 2,012 03/05/2025
527 Lexington Ave, Brooklyn 1,802 04/11/2017
523 Lexington Ave, Brooklyn 1,802 01/12/2015 $1
515 A Lexington Ave, Brooklyn 2,025 05/29/2015 $915,000
517 Lexington Ave, Brooklyn 2,025 04/03/2025
539 Lexington Ave, Brooklyn 1,428 05/29/2025 $1,495,000
541 Lexington Ave, Brooklyn 1,428 10/03/2024
533 Lexington Ave, Brooklyn 1,364 01/22/2019 $899,000
511 Lexington Ave, Brooklyn 2,000 04/07/2014 $800,000
547 Lexington Ave, Brooklyn 2,054 10/07/2011 $465,250
535 Lexington Ave, Brooklyn 2,052 09/10/1993
531 Lexington Ave, Brooklyn 1,512 10/06/2025
525 Lexington Ave, Brooklyn 1,802 01/09/2008 $527,000
537 Lexington Ave, Brooklyn 1,428 10/26/2000
539 A Lexington Ave, Brooklyn 1,428 08/07/1995
543 Lexington Ave, Brooklyn 2,142 12/27/2021 $10,000
555 Lexington Ave, Brooklyn 1,974 10/11/2023
529 Lexington Ave, Brooklyn 1,840 08/06/1993
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