New York City  »  11221  »  Lexington Ave  »  557 Lexington Ave

557 Lexington Avenue, Brooklyn, NY 11221 - Property report

Also known as: 557 Lexington Ave

Property image for 557 Lexington Avenue, Brooklyn, NY 11221
static Mapbox map

Property type

Two Family Brick (B1)

Year built

1993

Lot sq. ft.

1,949

Sale price

$10

General information

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Address
Primary address
557 Lexington Avenue
Alternate address(es)
250-252 Marcus Garvey Blvd
ZIP code
11221
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01801-0145

Owner

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Building
Property type
Two Family Brick (B1)
Building sq. ft.
2,014
Building dimensions
21.41 ft x 47 ft
Buildings on lot
1
Stories
2
Year built
1993
Building material
Brick
Exterior wall
Composition
Basement
4
Sales
Sale date
07/17/2025
Sale price
$10
Tax
Tax year
2026-2027
Property tax
$7,151
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Marcus Garvey Boulevard (wide)
Lexington Avenue (wide)
Distance to wide street
Lot dimensions
21.42 ft x 91 ft
Lot sq. ft.
1,949

Area overview

Walk score
88 /100.  Very Walkable
Transit score
93 /100.  Rider's Paradise
Bike score
79 /100.  Very Bikeable
School district
16
Community district
3
Closest police station
0.25 Miles
Closest fire station
0.23 Miles

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Ownership information for 557 Lexington Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 557 Lexington Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
07/17/2025 $10 X&X XXXXXXXX XXXXXX XXXXXXXXXXX XXXXX XXX XXXXXX XXXXXXXX XXXXXXX XXXXXXXX, XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/25/2025 - R
07/17/2025 - D
Deed
(2025072100713001)
XXXXXXXX XXXX XX XXXXXXXX XXXXXX XXXXXXXXXXX XXXXX
03/29/2018 - R
03/19/2018 - D
Satisfaction of Mortgage
(2018031900176001)
XXX XXXXX XXXXXXXXX XXXX X X XXXX XX XXXXXXXX XX
08/04/2003 - R
03/26/2003 - D
Agreement
(2003041101342003)
XXXXXXXX XXXX XXXX XX XXXXXXXX XX
08/04/2003 - R
03/26/2003 - D
Mortgage
(2003041101342001)
XXXXXXXX XXXX XXXX XX XXXXXXXX XX
08/04/2003 - R
02/14/2003 - D
Subordination of Mortgage
(2003041101342002)
XXX XXXX XX XXX XXXX XXXX XX XXXXXXXX
01/18/2002 - R Assignment, Mortgage
(3100007970010)
XXXXXXXXXXX XXXXXXXXXXXXXXX XX XXXX XX XXXXXXXX XX
04/07/1997 - R Satisfaction of Mortgage
(3750005564175)
XXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX XXXXXXXX XX
05/04/1995 - R Assignment, Mortgage
(3200004759320)
XXXXX XXXXXXXXX XXXXXX XXXXXXXXXXX XXXXXXXXXXXXXXX
10/26/1993 - R Mortgage
(3560001810256)
XXXXXXXX XXXX XXX XXX
10/26/1993 - R Assignment, Mortgage
(3550001810255)
XXXXX XXXXXXXXX XXXXXX XXXXX XXXX XXXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 557 Lexington Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$7,151
Municipal exemptions
Recent tax assessments
Market value
$1,421,000
Assessed value
$85,260

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $1,081,000 $64,860 $33,901 19.843% $7,009 $6,727 +4.72%
2024/25 $1,034,000 $62,040 $31,982 20.085% $6,693 $6,424 +0.19%
2023/24 $1,085,000 $65,100 $31,922 20.085% $6,693 $6,412 -0.13%
2022/23 $981,000 $58,860 $31,610 20.309% $6,716 $6,420 +8.06%
2021/22 $912,000 $54,720 $29,759 19.963% $6,228 $5,941 +0.74%
2020/21 $1,106,000 $66,360 $28,024 21.045% $6,194 $5,898 +5.67%
2019/20 $1,223,000 $73,380 $26,368 21.167% $5,878 $5,581 +1.42%
2018/19 $1,253,000 $75,180 $26,308 20.919% $5,809 $5,503 +3.48%
2017/18 $794,000 $47,640 $26,088 20.385% $5,618 $5,318 +8.81%
2016/17 $768,000 $46,080 $24,449 19.991% $5,197 $4,888 +8.92%

Permit information for 557 Lexington Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/12/2019 Alteration
07/30/2019 Alteration
07/16/2019 Alteration type 2
04/23/1993 New building
07/06/1992 New building

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Stuyvesant Heights residential market stats

Access a detailed real estate market overview of Stuyvesant Heights so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Stuyvesant Heights and compare it to other neighborhoods in Brooklyn.

Median sale price

Median price/sq. ft.

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Broadway & Myrtle Ave at NW Corner
Station lines
J-M-Z
Distance (miles)
0.569

Access the detailed traffic volume map for 557 Lexington Avenue, Brooklyn, NY 11221 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 25 Eubie Blake School 3 Yes Public PK, K-5 60 0.17
P.S. 25 Eubie Blake School 3 Yes Public PK, K-5 60 0.17
The Co-Op School NR No Private K-7 118 0.13
Success Academy Charter School-Nyc 9 9 No Charter 5-8 232 0.17
P.S. 44 Marcus Garvey 3 No Public PK, K-5 119 0.22
P.S. 44 Marcus Garvey 3 No Public PK, K-5 119 0.22
Ember Charter School 7 No Charter K-12 423 0.23
P.S. 308 Clara Cardwell 3 No Public PK, K-8 212 0.23
P.S. 308 Clara Cardwell 3 No Public PK, K-8 212 0.23
Brighter Choice Community School 2 No Public PK, K-5 286 0.32
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
The Co-Op School NR No Private K-7 118 0.13
Success Academy Charter School-Nyc 9 9 No Charter 5-8 232 0.17
Unity Prep Charter School of Brooklyn 6 No Charter 6-12 558 0.22
Ember Charter School 7 No Charter K-12 423 0.23
P.S. 308 Clara Cardwell 3 No Public PK, K-8 212 0.23
Mount Pleasant Christian Academy NR No Private 1-12 0 0.34
Mt Pleasant Christian Academy NR No Private PK-12 10 0.36
Jhs 57 Whitelaw Reid 3 No Public 6-8 100 0.36
Urban Assembly Academy Of Arts And Letters 6 No Public PK, K-8 729 0.38
George H Murray Christian Academy NR No Private PK, K-8 81 0.39
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Boys and Girls High School 2 Yes Public 9-12 403 0.83
Unity Prep Charter School of Brooklyn 6 No Charter 6-12 558 0.22
Ember Charter School 7 No Charter K-12 423 0.23
Mount Pleasant Christian Academy NR No Private 1-12 0 0.34
Mt Pleasant Christian Academy NR No Private PK-12 10 0.36
The Brooklyn Academy Of Global Finance 3 No Public 9-12 190 0.36
Brooklyn Emerging Leaders Academy Charter School 2 No Charter 9-12 236 0.36
Walk In Love Christian Academy NR No Private PK, K-12 291 0.39
Brooklyn Academy High School NR No Public 10-12 82 0.52
Bedford Stuyvesant Prepretory High School NR No Public 10-12 102 0.55

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 557 Lexington Avenue, Brooklyn, NY 11221?

The development at 557 Lexington Avenue, Brooklyn, NY 11221 was built in 1993.

What is the total square footage of 557 Lexington Avenue, Brooklyn, NY 11221?

557 Lexington Avenue, Brooklyn, NY 11221 has a total of 2,014 square feet.

When was 557 Lexington Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

557 Lexington Avenue, Brooklyn, NY 11221 was last sold on 07/17/2025 for $10.

What is the assessed value of 557 Lexington Avenue, Brooklyn, NY 11221?

557 Lexington Avenue, Brooklyn, NY 11221 is currently assessed at $85,260.

What are the property taxes for 557 Lexington Avenue, Brooklyn, NY 11221?

The property taxes for 557 Lexington Avenue, Brooklyn, NY 11221 total $7,151.

How many residential units does this building have?

This building has 2 residential unit(s).

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