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557 Lexington Avenue, Brooklyn, NY 11221 Property Information

557 Lexington Avenue, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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557 Lexington Avenue, Brooklyn, NY 11221 1
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Address

Primary address 557 Lexington Avenue
Secondary address 250-252 Marcus Garvey Blvd
Neighborhood Bedford-Stuyvesant
Zip code 11221
Borough Brooklyn
Block & lot 01801-0145

Sales & Tax Overview for 557 Lexington Avenue, Brooklyn

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

Purchase date 07/17/2025
Purchase price $10
Tax class
Estimated property tax $7,147

Lot & Building Information for 557 Lexington Avenue, Brooklyn

Lot sqft 1,949
Lot dimensions 21.42 ft x 91 ft
Building class Two Family Brick (B1) i
Building sqft 2,014
Building dimensions 21.41 ft x 47 ft
Buildings on lot 1
Stories 2
Structure type Row
Building material Brick
Exterior wall Composition
Basement type Full
Year built 1993
Frontage(s) Marcus Garvey Boulevard (wide)
Lexington Avenue (wide)
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Zoning & Use for 557 Lexington Avenue, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 16
Community district 3
Closest police station 0.25 Miles
Closest fire station 0.23 Miles

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

Other Property Data for 557 Lexington Avenue, Brooklyn

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Floor area ratio (FAR) for 557 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 557 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.

  • 250-252 Marcus Garvey Blvd, Brooklyn, NY 11221

About 557 Lexington Avenue, Brooklyn

What is the year built & the total sq. ft. for 557 Lexington Avenue, Brooklyn, NY 11221?

557 Lexington Avenue, Brooklyn, NY 11221 was built in 1993 and has a total of 2,014 square feet.

What is the assessed value of 557 Lexington Avenue, Brooklyn, NY 11221 and the property tax paid?

Assessed at $64,860, the tax amount paid for 557 Lexington Avenue, Brooklyn, NY 11221 is $6,726. For the next year, the tax amount for 557 Lexington Avenue, Brooklyn, NY 11221 is estimated at $7,147.

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

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

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 557 Lexington Avenue, Brooklyn

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Property owner name for 557 Lexington Avenue, Brooklyn, NY 11221
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Building contacts for 557 Lexington Avenue, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 557 Lexington Avenue, Brooklyn

Create a free account to view the complete sales history for 557 Lexington Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
07/17/2025 $10

Title Documents for 557 Lexington Avenue, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
07/17/2025 - D
07/25/2025 - R
Deed
(2025072100713001)
03/19/2018 - D
03/29/2018 - R
Satisfaction of Mortgage
(2018031900176001)
03/26/2003 - D
08/04/2003 - R
Agreement
(2003041101342003)
03/26/2003 - D
08/04/2003 - R
Mortgage
(2003041101342001)
02/14/2003 - D
08/04/2003 - R
Subordination of Mortgage
(2003041101342002)
01/18/2002 - R Assignment, Mortgage
(3100007970010)
04/07/1997 - R Satisfaction of Mortgage
(3750005564175)
05/04/1995 - R Assignment, Mortgage
(3200004759320)
10/26/1993 - R Mortgage
(3560001810256)
10/26/1993 - R Assignment, Mortgage
(3550001810255)
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R: Recorded date
D: Document date

Property Taxes for 557 Lexington Avenue, Brooklyn

Access detailed property tax data for 557 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: $6,727
Estimated property tax: $7,147
Tax assessor's market value: $1,081,000
Assessed value: $64,860
Exemptions granted by city:

Assessment History for 557 Lexington Avenue, Brooklyn

Here's the assessment & property tax history for 557 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 $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%

Permits for 557 Lexington Avenue, Brooklyn

The complete history of permits filed for 557 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.

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
03/13/1992 New building
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Bedford-Stuyvesant Residential Market Stats

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.

Median Sale Price
$840,000
-1.2% YoY
Median Price/Sqft
$903
1.2% YoY
Brooklyn Median Sale Price
$839,000
6.2% 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 Broadway & Myrtle Ave at NW Corner
Station lines J-M-Z
Distance (miles) 0.569
View subway map
Bus Routes
Name Marcus Garvey Bl/Lexington Av
Line B15
Distance (miles) 0.038

Schools

Nearest elementary schools

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 0.17
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

Nearest middle schools

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 0.17
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

Nearest high schools

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 0.83
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

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 557 Lexington Avenue, Brooklyn

Here are the neighbors for 557 Lexington Avenue, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
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
726 Greene Ave, Brooklyn 2,014 11/14/2024
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
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
505 Lexington Ave, Brooklyn 6,540 03/05/1986
537 Lexington Ave, Brooklyn 1,428 10/26/2000
539 A Lexington Ave, Brooklyn 1,428 08/07/1995
521 Lexington Ave, Brooklyn 1,802 01/19/2018
555 Lexington Ave, Brooklyn 1,974 10/11/2023
529 Lexington Ave, Brooklyn 1,840 08/06/1993
519 Lexington Ave, Brooklyn 1,840 07/21/2023
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