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240 Lexington Avenue, Brooklyn, NY 11216 Property Information

240 Lexington Avenue, Brooklyn, NY 11216 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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240 Lexington Avenue, Brooklyn, NY 11216 1
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Address

Primary address 240 Lexington Avenue
Neighborhood Bedford-Stuyvesant
Zip code 11216
Borough Brooklyn
Block & lot 01802-0038

Sales & Tax Overview for 240 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 06/09/2004
Purchase price $560,000
Tax class
Estimated property tax $1,995

Lot & Building Information for 240 Lexington Avenue, Brooklyn

Lot sqft 1,600
Lot dimensions 16 ft x 100 ft
Building class Two Family Converted from One Family (B3)
Building sqft 2,640
Building dimensions 16 ft x 45 ft
Buildings on lot 1
Stories 3
Structure type Brownstone
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Year built 1899
Frontage(s) Lexington Avenue (wide)
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Zoning & Use for 240 Lexington Avenue, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
94 /100. Walker's Paradise
Transit Score
100 /100. Rider's Paradise
Bike Score
85 /100. Very Bikeable

School district 13
Community district 3
Closest police station 0.39 Miles
Closest fire station 0.14 Miles

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

Other Property Data for 240 Lexington Avenue, Brooklyn

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Floor area ratio (FAR) for 240 Lexington Avenue, Brooklyn, NY 11216, 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 240 Lexington Avenue, Brooklyn, NY 11216, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 240 Lexington Avenue, Brooklyn

What is the year built & the total sq. ft. for 240 Lexington Avenue, Brooklyn, NY 11216?

240 Lexington Avenue, Brooklyn, NY 11216 was built in 1899 and has a total of 2,640 square feet.

What is the assessed value of 240 Lexington Avenue, Brooklyn, NY 11216 and the property tax paid?

Assessed at $101,760, the tax amount paid for 240 Lexington Avenue, Brooklyn, NY 11216 is $1,990. For the next year, the tax amount for 240 Lexington Avenue, Brooklyn, NY 11216 is estimated at $1,995.

When was 240 Lexington Avenue, Brooklyn, NY 11216 last sold and what was the last sale price?

240 Lexington Avenue, Brooklyn, NY 11216 was last sold in 06/09/2004 for $560,000.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 240 Lexington Avenue, Brooklyn

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Property owner name for 240 Lexington Avenue, Brooklyn, NY 11216
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Building contacts for 240 Lexington Avenue, Brooklyn, NY 11216
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 240 Lexington Avenue, Brooklyn

Create a free account to view the complete sales history for 240 Lexington Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/09/2004 $560,000

Title Documents for 240 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
08/30/2016 - D
09/06/2016 - R		 Satisfaction of Mortgage
(2016083001075001)
03/15/2013 - D
03/28/2013 - R		 Satisfaction of Mortgage
(2013031500418001)
02/04/2013 - D
03/08/2013 - R		 Agreement
(2013022700795003)
02/04/2013 - D
03/08/2013 - R		 Mortgage
(2013022700795002)
12/19/2012 - D
03/08/2013 - R		 Assignment, Mortgage
(2013022700795001)
06/29/2004 - D
10/15/2004 - R		 Satisfaction of Mortgage
(2004062901432001)
06/10/2004 - D
10/15/2004 - R		 Mortgage
(2004062500242003)
06/10/2004 - D
10/15/2004 - R		 Mortgage
(2004062500242002)
06/09/2004 - D
10/15/2004 - R		 Deed
(2004062500242001)
01/06/2004 - D
03/19/2004 - R		 Satisfaction of Mortgage
(2004010601427001)
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R: Recorded date
D: Document date

Property Taxes for 240 Lexington Avenue, Brooklyn

Access detailed property tax data for 240 Lexington Avenue, Brooklyn, NY 11216. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $1,990
Estimated property tax: $1,995
Tax assessor's market value: $1,696,000
Assessed value: $101,760

More about New York City Property Taxes

Assessment History for 240 Lexington Avenue, Brooklyn

Here's the assessment & property tax history for 240 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 $1,696,000 $101,760 $10,031 19.843% $1,990 $1,990 -0.12%
2024/25 $1,754,000 $105,240 $9,922 20.085% $1,993 $1,993 +5.73%
2023/24 $1,611,000 $96,660 $9,384 20.085% $1,885 $1,885 +4.50%
2022/23 $1,637,000 $98,220 $8,881 20.309% $1,804 $1,804 +7.81%
2021/22 $1,721,000 $103,260 $8,381 19.963% $1,673 $1,673 -4.90%
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Permits for 240 Lexington Avenue, Brooklyn

The complete history of permits filed for 240 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.

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
$1,278,806
16.3% YoY
Median Price/Sqft
$882
-12.8% YoY
Brooklyn Median Sale Price
$885,000
2.5% 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) 0.172
View subway map
Bus Routes
Name Nostrand Av/Greene Av
Line B44
Distance (miles) 0.073

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 3 The Bedford Village 4 Yes Public PK, K-5 224 0.38
P.S. 3 The Bedford Village 4 Yes Public PK, K-5 224 0.38
Tabernacle Elementary School NR No Private 1-5 0 0.04
Walk In Cove Christian Academy NR No Private 1-12 0 0.19
Dr CR Johnson Christian Academy NR No Private PK, K-4, 6-8 0 0.19
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Walk In Cove Christian Academy NR No Private 1-12 0 0.19
Dr CR Johnson Christian Academy NR No Private PK, K-4, 6-8 0 0.19
Talmud Torah Dnitra NR No Private PK, K-12 500 0.23
Clara Muhammad School Of Masjid Khalifah NR No Private PK-8 79 0.26
Brooklyn East Collegiate Charter School 7 No Charter 8 66 0.31
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Bedford Academy High School 9 No Public 9-12 381 0.17
Walk In Cove Christian Academy NR No Private 1-12 0 0.19
Talmud Torah Dnitra NR No Private PK, K-12 500 0.23
Bedford Stuyvesant Prepretory High School NR No Public 10-12 102 0.29
Brooklyn Academy High School NR No Public 10-12 82 0.31
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 240 Lexington Avenue, Brooklyn

Here are the neighbors for 240 Lexington Avenue, Brooklyn, NY 11216.

Address Square feet Purchase date Purchase price
228 Lexington Ave, Brooklyn 3,462 11/17/2022 $2,540,000
220 Lexington Ave, Brooklyn 2,100 04/29/2002
221 Quincy St, Brooklyn 3,114 09/19/2016 $1,265,000
216 Lexington Ave, Brooklyn 3,740 09/01/2020
252 Lexington Ave, Brooklyn 780
230 Lexington Ave, Brooklyn 2,626 01/07/2021
224 Lexington Ave, Brooklyn 2,400 10/29/2019 $1,375,000
248 Lexington Ave, Brooklyn 2,640 02/28/2024
238 Lexington Ave, Brooklyn 1,980 08/16/2023
234 Lexington Ave, Brooklyn 2,400 08/05/2014 $1,520,000
225 Quincy St, Brooklyn 3,350 11/17/2023
236 Lexington Ave, Brooklyn 2,640 12/28/2017 $2,550,000
232 Lexington Ave, Brooklyn 2,400 02/18/2015
244 Lexington Ave, Brooklyn 2,560 03/23/2026
246 Lexington Ave, Brooklyn 2,650 01/03/2020
250 Lexington Ave, Brooklyn 2,418 11/23/1971
227 Quincy St, Brooklyn 2,205 06/25/2021
242 Lexington Ave, Brooklyn 2,560 02/08/2006 $660,000
360 Nostrand Ave, Brooklyn 66,068
222 Lexington Ave, Brooklyn 2,400 08/26/2025 $1,550,000
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