For Sale · Listing by Brown Harris Stevens Residential Sales LLC
698 LEXINGTON Avenue
Stuyvesant Heights, Brooklyn
$2,499,000
$2,499,000
698 LEXINGTON Avenue
MLS® #RLS20122011
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
Property Highlights
- Views: Other
- Style: WalkUp architecture
- Climate Control: Other
Property Details
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
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Stuyvesant Heights
View All Stuyvesant Heights ListingsStuyvesant 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 NeighborhoodActive 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
698 LEXINGTON Avenue, Stuyvesant Heights, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
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) 416-7433Listing 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 Data display by Keller Williams NYC. Data last updated on 10/22/2026 at 11:07 PM UTC
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Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 698 LEXINGTON Avenue
At $2,499,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
Your info is secure and never shared.
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.
Stuyvesant Heights Market Update
2 sales last 30 days · $1.53M median · 29 months supply
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Quick Facts
Monthly Costs Estimate
$499,800
Source: Freddie Mac PMMS
Est. Monthly Payment
$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
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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