Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
554 LEXINGTON Avenue
Interested in this property?
Active For Sale Multi Family

$1,875,000

$938 per sq ft

554 LEXINGTON Avenue

Stuyvesant Heights, Brooklyn

MLS® #RLS20084666

RLS at REBNY

Listing by Serhant

5

Bedrooms

3.5

Baths

2,000

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 5
Bathrooms 4 full, 1 half
Living Area 2,000 sq ft
Lot Size 1,667 sq ft
Year Built 1899
Ownership None
Property Taxes $2,148/yr
Neighborhood Stuyvesant Heights
Floor 1 of 1

Property Highlights

  • Views: Other
  • Outdoor Space: Deck
  • Character: Pre-war building (1899)

Property Details

Type Multi Family
Ownership None
Total Rooms 10
Baths 3 Full, 1 Half
Floor 1 of 1
View Other
Pets Yes
Year Built 1899
Living Area 2,000 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,667 sq ft
Parcel # 01624-0022
Block/Lot 01624/0022

Listing History

Event Date Price Change
Listed Apr 15, 2026 $1,875,000 -
Currently May 31, 2026 $1,875,000 -

Description

Located in the heart of Bedford-Stuyvesant, this solid brick two-family home offers great potential in a prime Brooklyn location.

The property features a spacious upper duplex configured as a 3 bedroom unit offering functional living space. Off the kitchen, a door leads to your private deck and stairs that lead to your backyard.

The garden level unit is offering a 1 bedroom layout with an open concept kitchen and living area. The garden unit also provides direct access to the backyard. This unit also has interior stairs that lead to your unfinished basement.

The home is in good overall condition. Showings are limited to the garden level unit and basement which is vacant. The upper duplex is tenant-occupied and not accessible at this time.

Conveniently located near local shops, dining, and transportation. Don't miss this opportunity to own a multi-family home to make your very own.

Features & Amenities

Interior Features

Smoke Free Washer Hookup In Unit

Exterior Features

Private Outdoor Space Over60 Sqft Deck

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units -1
Stories 1
Structure Townhouse

Financial Details

RE Taxes $2,148/yr ($179/mo)

Stuyvesant Heights is a historic Brooklyn neighborhood within the landmarked Bedford-Stuyvesant historic district, known for its brownstone architecture. Housing stock ranges from historic pre-war cooperatives to newer condominium developments, with A/C train service.

Stuyvesant Heights Live Market Data

View Neighborhood

Active Listings

51

Median Asking Price

$1.94M

Median $/Sqft

$756

Avg Days on Market

N/A

New This Week

5

Price Reduced

24%

Sold (30 Days)

6

Median Sale Price

$1.11M

Live data from RLS at REBNY • Updated 5/31/26, 10:38 AM EST

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Location

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554 LEXINGTON Avenue, Stuyvesant Heights, Kings County

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
2
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $85,260
Land Value: $17,220
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,667 SF
Building Area: 2,001 SF
Built FAR: 1.2
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $2,148, or roughly $179 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,875,000 for 2,000 sq ft, the asking price per square foot is approximately $938. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20084666
First Listed: 4/15/2026
On Market: 4/15/2026
Price Changed: 4/15/2026
Contract Date: 4/15/2026

Listing Courtesy of Serhant - LESLIE DIXON

Listing Contact: (718) 809-1629

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/31/2026 at 2:38 PM UTC

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