Kings  »  11238  »  Lexington Ave  »  55 Lexington Ave

55 Lexington Avenue, Brooklyn, NY 11238 - Property report

Also known as: 51-53 Lexington Ave

Property image for 55 Lexington Avenue, Brooklyn, NY 11238
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Property type

Factory - Light Manufacturing (F5)

Year built

1950

Lot sq. ft.

5,000

Sale price

$1,650,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
55 Lexington Avenue
Alternate address(es)
51-53 Lexington Ave
51-55 Lexington Ave
55 Rear Lexington Ave
ZIP code
11238
Neighborhood
Clinton Hill
Borough
Brooklyn
Block & lot
01966-0047

Owner

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Building
Property type
Factory - Light Manufacturing (F5)
Building sq. ft.
7,500
Building dimensions
50 ft x 75 ft
Buildings on lot
1
Stories
2
Year built
1950
Building material
Sales
Sale date
07/18/2013
Sale price
$1,650,000
Tax
Tax year
2026-2027
Property tax
$28,401
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 100 ft
Lot sq. ft.
5,000

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
13
Community district
2
Closest police station
0.20 Miles
Closest fire station
0.48 Miles

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

Ownership

Ownership information for 55 Lexington Avenue, Brooklyn, NY

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

Sales history for 55 Lexington Avenue, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
07/18/2013 $1,650,000 XX XXXXXXXXX XXXXXXXXXX XXX XXXXXX XXXXX, XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/17/2015 - R
05/18/2015 - D		 Zoning Lot Description
(2015090400509002)		 XX XXXXXXXXX XXXXXXXXXX XXX
09/17/2015 - R
02/19/2015 - D		 Certificate
(2015090400509001)		 XXXXXXX XXXXX XXXXXXXXX XXXXXXX
08/13/2013 - R
07/18/2013 - D		 Deed
(2013072401361001)		 XXXXXX XXXXX XXX XX XXXXXXXXX XXXXXXXXXX XXX
11/22/2010 - R
07/21/2010 - D		 Assignment, Mortgage
(2010100801223003)		 XXXX XXXX XXX XXXX XXXXXXXX XXXX XXX XXXX XX XXXX XXXXXXXX XXXXXXXXXXX
08/07/2008 - R
02/29/2008 - D		 Assignment, Mortgage
(2008080601344001)		 XXXXXXXXXX XXXXXXXX XXXXXXX XX X XXXX XXXXXXXX XXXX
10/15/2013 - R
05/01/2007 - D		 Satisfaction of Mortgage
(2013081600712001)		 XXXXXX XXXXX XXX X X XXXX XXXXXXXX XXXXXXXXXXX
09/04/2007 - R
05/01/2007 - D		 Mortgage
(2007051700841002)		 XXXXXX XXXXX XXX XXXXXXXXXX XXXXXXXX XXXXXXX XXX
09/04/2007 - R
05/01/2007 - D		 Deed
(2007051700841001)		 XXXXXX XXXXX XX X XXXXXXXXX XX XXXX XXXXXX XX XXXXXX XXXXX XX X
11/20/1987 - R Deed
(3660001317366)		 XX XXXXXXXXXXXXX XXXX XXXXXXX XXXXXXX XXX
11/20/1987 - R Release
(3560001317356)		 XXX XXXXXXXX XXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 55 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
$28,401
Municipal exemptions
Recent tax assessments
Market value
$600,000
Assessed value
$270,000

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 $601,000 $270,450 $247,140 10.848% $26,810 $26,810 +2.86%
2024/25 $601,000 $270,450 $242,190 10.762% $26,064 $26,064 +4.40%
2023/24 $567,000 $255,150 $235,710 10.592% $24,966 $24,966 +0.80%
2022/23 $540,000 $243,000 $232,650 10.646% $24,768 $24,768 +17.11%
2021/22 $437,000 $196,650 $196,650 10.755% $21,150 $21,150 -17.11%
2020/21 $546,000 $245,700 $238,590 10.694% $25,515 $25,515 +3.72%
2019/20 $529,000 $238,050 $233,460 10.537% $24,600 $24,600 +6.37%
2018/19 $533,000 $239,850 $219,960 10.514% $23,127 $23,127 +5.35%
2017/18 $549,000 $247,050 $208,795 10.514% $21,953 $21,953 +6.95%
2016/17 $494,000 $222,300 $194,121 10.574% $20,526 $20,526 -1.77%
Permits

Permit information for 55 Lexington Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/07/2016 Alteration type 3
02/05/2016 Alteration type 3
12/29/2015 Alteration type 1
11/20/2015 Alteration type 2
06/26/2015 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Classon Ave & Lafayette Ave at SW Corner
Station lines
G
Distance (miles)
0.132
View subway map

Access the detailed traffic volume map for 55 Lexington Avenue, Brooklyn, NY 11238 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

Neighbors for 55 Lexington Avenue, Brooklyn, NY

392 Classon Ave, Brooklyn 37 Lexington Ave, Brooklyn 224 Greene Ave, Brooklyn 254 Greene Ave, Brooklyn 250 Greene Ave, Brooklyn 240 Greene Ave, Brooklyn 234 Greene Ave, Brooklyn 47 Lexington Ave, Brooklyn 411 Classon Ave, Brooklyn 232 Greene Ave, Brooklyn 33 Lexington Ave, Brooklyn 388 Classon Ave, Brooklyn 43 Lexington Ave, Brooklyn 415 Classon Ave, Brooklyn 384 Classon Ave, Brooklyn 230 Greene Ave, Brooklyn 35 Lexington Ave, Brooklyn 220 Greene Ave, Brooklyn 413 Classon Ave, Brooklyn

Nearby ZIP codes for 55 Lexington Avenue, Brooklyn, NY

10002, New York City, NY 10038, New York City, NY 11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11225, New York City, NY 11226, New York City, NY 11231, New York City, NY 11232, New York City, NY 11233, New York City, NY 11237, New York City, NY

Frequently asked questions

What is the year built for 55 Lexington Avenue, Brooklyn, NY 11238?

The development at 55 Lexington Avenue, Brooklyn, NY 11238 was built in 1950.

What is the market value of 55 Lexington Avenue, Brooklyn, NY 11238?

The current market value of 55 Lexington Avenue, Brooklyn, NY 11238 is $600,000.

What is the total square footage of 55 Lexington Avenue, Brooklyn, NY 11238?

55 Lexington Avenue, Brooklyn, NY 11238 has a total of 7,500 square feet.

What is the price per square foot for this property?

$220 per square foot is the price for 55 Lexington Avenue, Brooklyn, NY 11238.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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