Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
698 LEXINGTON Avenue

For Sale · Listing by Brown Harris Stevens Residential Sales LLC

698 LEXINGTON Avenue

Stuyvesant Heights, Brooklyn

$2,499,000

Interested in this property?

$2,499,000

698 LEXINGTON Avenue

Stuyvesant Heights, Brooklyn

MLS® #RLS20122011

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

Open House Scheduled

Sunday, October 25 • 2:00 PM – 3:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

6
Bedrooms
4.5
Baths
N/A
Sq. Ft.
1899
Year Built

Quick Summary

Bedrooms 6
Bathrooms 5 full, 2 half
Lot Size 850 sq ft
Year Built 1899
Ownership None
Property Taxes $5,904/yr
Neighborhood Stuyvesant Heights
Floor 1 of 3

Property Highlights

  • Views: Other
  • Style: WalkUp architecture
  • Climate Control: Other

Property Details

Type Single Family Residence
Ownership None
Total Rooms 14
Baths 4 Full, 2 Half
Floor 1 of 3
View Other
Cooling Other
Pets Yes
Year Built 1899
Architectural Style WalkUp
Basement Other
Lot Size 850 sq ft
Parcel # 01626-0030
Block/Lot 01626/0030

Listing History

Event Date Price Change
Listed Oct 21, 2026 $2,499,000 -
Currently Oct 22, 2026 $2,499,000 -

Description

Two Brownstones, one lot. An exceptional investment opportunity! 698 Lexington Avenue presents a rare opportunity to own two separate brownstone residences on one lot in the heart of Bedford-Stuyvesant. With three residential units across two buildings, this property offers excellent flexibility for owner-occupants and investors alike. The main brownstone features two spacious duplex residences. The upper three-bedroom, two-and-a-half-bath duplex offers generous living spaces, a chef's kitchen, abundant natural light, and a private outdoor deck. The lower one-bedroom, one-and-a-half-bath duplex features exposed brick, a versatile lower-level recreation space, and plenty of character. The separate rear house offers two large bedrooms, one-and-a-half bathrooms, a private terrace, and an additional 17' 32' basement, ideal for extra storage or flexible use. Located on a charming Bed-Stuy block, the property is conveniently positioned near the J, M, Z, and A trains, as well as beloved neighborhood restaurants, shops, and parks. Live in one residence and rent the others, or maximize rental income across all three units. With strong income potential and an attractive projected cap rate, 698 Lexington Avenue is a compelling opportunity in one of Brooklyn's most desirable neighborhoods.

Features & Amenities

Interior Features

Smoke Free Washer Hookup In Unit

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 3
Style WalkUp

Financial Details

RE Taxes $5,904/yr ($492/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

58

Median Asking Price

$1.53M

Median $/Sqft

$984

Avg Days on Market

N/A

New This Week

4

Price Reduced

33%

Sold (30 Days)

2

Median Sale Price

$1.76M

Live data from RLS at REBNY • Updated 10/22/26, 7:07 PM EST

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Location

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698 LEXINGTON Avenue, Stuyvesant Heights, Kings County

Floor Plans

Floor Plan 1

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: $116,640
Land Value: $8,760
Exemptions: $0

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

Lot Area: 1,675 SF
Building Area: 2,760 SF
Built FAR: 1.65
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 $5,904, or roughly $492 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 4 full bathrooms and 2 half bathrooms.

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 Milton Coste for weight limits or breed restrictions.

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: RLS20122011
First Listed: 10/21/2026
On Market: 10/21/2026
Price Changed: 10/21/2026
Contract Date: 10/21/2026

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Nadine Adamson

Listing Contact: (212) 452-4503

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/22/2026 at 11:07 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Stuyvesant Heights Market Update

2 sales last 30 days · $1.53M median · 29 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Single Family Residence Neighborhood Stuyvesant Heights Borough Brooklyn
County Kings
Floor 1 of 3
Year Built 1899
First Listed 10/21/2026
Style WalkUp
Annual Tax $5,904

Monthly Costs Estimate

Down Payment 20%

$499,800

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $492
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$31,238

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.

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