New York City » 11221 » Lexington Ave » 494 Lexington Ave

494 Lexington Avenue, Brooklyn, NY 11221 - Property report

Also known as: 494 Lexington Ave

Property image for 494 Lexington Avenue, Brooklyn, NY 11221

Property type

Two Family Brick (B1)

Year built

1993

Lot sq. ft.

2,916

Sale price

$850,000

General information

Address

Primary address

494 Lexington Avenue

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01806-0121

Building

Property type

Two Family Brick (B1)

Building sq. ft.

1,920

Building dimensions

20.42 ft x 47 ft

Buildings on lot

Stories

Year built

1993

Building material

Brick

Exterior wall

Composition

Basement

Sales

Sale date

07/25/2019

Sale price

$850,000

Tax

Tax year

2026-2027

Property tax

$7,734

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Lexington Avenue (wide)

Distance to wide street

Lot dimensions

29.16 ft x 100 ft

Lot sq. ft.

2,916

Area overview

Walk score

89 /100. Very Walkable

Transit score

93 /100. Rider's Paradise

Bike score

80 /100. Very Bikeable

School district

Community district

Closest police station

0.17 Miles

Closest fire station

0.30 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 494 Lexington Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 494 Lexington Avenue, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
07/25/2019	$850,000	XXXXXXXXX, XXXXX XXX XXXXXXX, XXXXXX	XXXXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
03/13/2023 - R 08/01/2022 - D	Mortgage (2023031300158001)	XXXXXXXXX XXXXX	XXXXXXXXX XXXXXX XXXXX
08/19/2019 - R 08/06/2019 - D	Satisfaction of Mortgage (2019081500128001)	XXXXXXXX XXXXX	XXXXXXXX XXXXX XXXX X X
08/15/2019 - R 07/25/2019 - D	Mortgage (2019080700666002)	XXXXXXXXX XXXXX	X X XXXX XXXXXXXX XXXXXXXXXXX
08/15/2019 - R 07/25/2019 - D	Deed (2019080700666001)	XXXXXXXX XXXXX	XXXXXXXXX XXXXX
07/26/2019 - R 07/24/2019 - D	Satisfaction of Mortgage (2019072401240002)	XXXXXXXX XXXXX	XXXXX XXXXXXXX XXXX
07/26/2019 - R 07/23/2019 - D	Assignment, Mortgage (2019072401240001)	XXXXX XXXX XXXXXXXX XXXXXXXXXXX	XXX XXXXX XXXXXXXXX XXXX
10/13/2016 - R 07/19/2010 - D	Satisfaction of Mortgage (2016101300233001)	XXXXXXXX XXXXX	XXXX XX XXX XXXX XXX
03/10/2010 - R 02/22/2010 - D	Satisfaction of Mortgage (2010030300726001)	XXXXXXXX XXXXX	XXXXXXXX XXXXX XXXX X X
03/17/2010 - R 02/08/2010 - D	Mortgage (2010021800076001)	XXXXXXXX XXXXX	XXXXXXXX XXXXX XXXX X X
10/25/2006 - R 10/12/2006 - D	Mortgage (2006101801313001)	XXXXXXXX XXXXX	XX XXXXXX XXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 494 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

$7,734

Municipal exemptions

Recent tax assessments

Market value

$1,133,000

Assessed value

$67,980

More about New York City property taxes

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	$1,029,000	$61,740	$36,772	19.843%	$7,297	$7,297	+4.72%
2024/25	$1,210,000	$72,600	$34,691	20.085%	$6,968	$6,968	0.00%
2023/24	$1,080,000	$64,800	$34,691	20.085%	$6,968	$6,968	-0.35%
2022/23	$1,042,000	$62,520	$34,428	20.309%	$6,992	$6,992	+7.83%
2021/22	$967,000	$58,020	$32,480	19.963%	$6,484	$6,484	+0.55%
2020/21	$974,000	$58,440	$30,643	21.045%	$6,449	$6,449	+10.75%
2019/20	$964,000	$57,840	$27,509	21.167%	$6,119	$5,823	+1.41%
2018/19	$1,078,000	$64,680	$27,449	20.919%	$6,047	$5,742	+3.48%
2017/18	$989,000	$59,340	$27,220	20.385%	$5,848	$5,549	+8.78%
2016/17	$817,000	$49,020	$25,517	19.991%	$5,411	$5,101	+8.90%

Permits

Permit information for 494 Lexington Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/20/1992	New building

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/22/2024	A
	05/22/2024	A
	10/05/2023	I

*Most recent HPD violations on record for this property.

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Nostrand Ave & Lafayette Ave at SW Corner

Station lines

Distance (miles)

0.575

View subway map

Access the detailed traffic volume map for 494 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	0.20
P.S. 25 Eubie Blake School	3	Yes	Public	PK, K-5	60	0.20
The Co-Op School	NR	No	Private	K-7	118	0.12
P.S. 44 Marcus Garvey	3	No	Public	PK, K-5	119	0.17
P.S. 44 Marcus Garvey	3	No	Public	PK, K-5	119	0.17
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.20
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.26
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.28
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.28
P.S. 308 Clara Cardwell	3	No	Public	PK, K-8	212	0.29

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	0.12
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.17
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.20
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.26
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.28
P.S. 308 Clara Cardwell	3	No	Public	PK, K-8	212	0.29
Ember Charter School	7	No	Charter	K-12	423	0.29
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.30
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.35
George H Murray Christian Academy	NR	No	Private	PK, K-8	81	0.35

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	0.17
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.26
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.28
Ember Charter School	7	No	Charter	K-12	423	0.29
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.35
Brooklyn Academy High School	NR	No	Public	10-12	82	0.44
The Brooklyn Academy Of Global Finance	3	No	Public	9-12	190	0.44
Brooklyn Emerging Leaders Academy Charter School	2	No	Charter	9-12	236	0.44
Bedford Stuyvesant Prepretory High School	NR	No	Public	10-12	102	0.47

Neighbors for 494 Lexington Avenue, Brooklyn, NY

Frequently asked questions

What is the year built for 494 Lexington Avenue, Brooklyn, NY 11221?

The development at 494 Lexington Avenue, Brooklyn, NY 11221 was built in 1993.

What is the total square footage of 494 Lexington Avenue, Brooklyn, NY 11221?

494 Lexington Avenue, Brooklyn, NY 11221 has a total of 1,920 square feet.

When was 494 Lexington Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

494 Lexington Avenue, Brooklyn, NY 11221 was last sold on 07/25/2019 for $850,000.

What is the assessed value of 494 Lexington Avenue, Brooklyn, NY 11221?

494 Lexington Avenue, Brooklyn, NY 11221 is currently assessed at $67,980.

What are the property taxes for 494 Lexington Avenue, Brooklyn, NY 11221?

The property taxes for 494 Lexington Avenue, Brooklyn, NY 11221 total $7,734.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.