Bridge Advisory Group has been exclusively retained to market the sale of 247 Lexington Avenue, a two-family brownstone situated on a picturesque, tree-lined block in the heart of Bedford-Stuyvesant, Brooklyn.
Originally constructed in 1899, this classic brick residence offers approximately 2,100 square feet of interior space on a 16.67' x 100' lot. Rich in historic Brooklyn character, the property presents a unique opportunity for end-users, investors, and developers seeking to transform a traditional brownstone into a customized residence or income-producing asset.
247 Lexington Avenue provides a blank canvas for a purchaser to reimagine the interior layout, finishes, and overall design to suit their individual vision. Whether creating a spacious owner's duplex with a separate rental unit, a multigenerational residence, or a fully modernized two-family investment property, 247 Lexington Avenue offers significant flexibility and the opportunity to unlock its full potential.
Configured as a legal two-family residence (Building Class B3), the property provides an attractive foundation for a comprehensive renovation. Its classic brick construction, historic character, and generous lot depth offer the opportunity to preserve the charm of a traditional Brooklyn brownstone while incorporating modern design and amenities.
**Property Highlights:**
- Legal Two-Family Brownstone (B3)
- Approximately 2,100 SF of Interior Space
- 16.67' x 100' Lot
- Originally Constructed in 1899
- Classic Brick Construction
- Full Basement
- Flexible Layout and Customization Potential
- Opportunity for Owner Occupancy or Rental Income
- Ideal for End-Users, Investors, and Developers
Located in the vibrant Bedford-Stuyvesant neighborhood, the property is surrounded by an array of restaurants, cafés, boutique retailers, neighborhood parks, and convenient public transportation. Its location offers easy access to surrounding Brooklyn neighborhoods and Manhattan while maintaining the charm and character of a historic residential block.
**247 Lexington Avenue represents a rare opportunity to acquire a two-family brownstone and bring a personalized vision to life.** With the ability to renovate and customize the property from the ground up, a purchaser has the opportunity to create a distinctive Brooklyn residence tailored to their needs while benefiting from the long-term appeal of one of the borough's established residential neighborhoods.
Please contact us for a full offering memorandum & additional information.
Active
$1,700,000
247 Lexington Ave, Brooklyn, NY 11216
5beds
2,100sqft
Multi Family
Built in 1899
-- sqft lot
$1,720,600 Zestimate®
$810/sqft
$-- HOA
What's special
Classic brick constructionFull basementGenerous lot depth
- 11 days
- 777
- 22
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Bridge Real Estate Advisory LLC 516-491-1492,
Matthew Dowling,
Joshua Malekan
Source: StreetEasy,MLS#: S1856115
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 13
- Full bathrooms: 13
Features
- Has fireplace: No
Interior area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Garden
Details
- Parcel number: 017970082
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1899
Community & HOA
Community
- Subdivision: Bedford-Stuyvesant
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $810/sqft
- Tax assessed value: $1,607,000
- Annual tax amount: $1,176
- Date on market: 11/3/2026
Estimated market value
$1,720,600
$1.63M - $1.81M
$3,039/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2026 | Listed for sale | $1,700,000-15%$810/sqft |
Source: StreetEasy #S1856115 Report a problem | ||
| 8/18/2026 | Listing removed | $2,000,000$952/sqft |
Source: StreetEasy #S1835768 Report a problem | ||
| 8/18/2026 | Price change | $2,000,000-20%$952/sqft |
Source: StreetEasy #S1835768 Report a problem | ||
| 6/26/2026 | Listed for sale | $2,500,000+1182.1%$1,190/sqft |
Source: StreetEasy #S1835768 Report a problem | ||
| 8/23/2017 | Listing removed | $1,000 |
Source: The Snead Group Report a problem | ||
| 8/18/2017 | Listed for rent | $1,000 |
Source: The Snead Group Report a problem | ||
| 3/10/2000 | Sold | $195,000+8.9%$93/sqft |
Source: Public Record Report a problem | ||
| 5/14/1997 | Sold | $179,000+121%$85/sqft |
Source: Public Record Report a problem | ||
| 3/13/1997 | Sold | $81,000$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,990 -0.2% | $96,420 -6.9% |
| 2024 | $1,993 | $103,560 +13.2% |
| 2023 | -- | $91,500 +8.2% |
| 2022 | -- | $84,540 +6.8% |
| 2021 | -- | $79,140 -5.9% |
| 2020 | $1,473 +1.3% | $84,120 +3.7% |
| 2019 | $1,454 -11.1% | $81,120 +937.3% |
| 2018 | $1,636 +8.4% | $7,820 +5.7% |
| 2017 | $1,509 +42% | $7,401 +6% |
| 2016 | $1,063 | $6,984 +0.3% |
| 2015 | $1,063 +70.7% | $6,966 +1.1% |
| 2014 | $622 | $6,890 +5.7% |
| 2013 | -- | $6,517 +5.7% |
| 2012 | -- | $6,168 +6% |
| 2011 | -- | $5,820 +0.3% |
| 2010 | -- | $5,805 +1.1% |
| 2009 | -- | $5,742 +5.7% |
| 2008 | -- | $5,431 +5.7% |
| 2007 | -- | $5,140 +6% |
| 2006 | -- | $4,850 +0.2% |
| 2005 | -- | $4,838 +1.1% |
| 2004 | -- | $4,785 +5.7% |
| 2003 | -- | $4,526 +5.6% |
| 2002 | -- | $4,284 +6% |
| 2001 | -- | $4,042 +0.2% |
| 2000 | -- | $4,032 |
Find assessor info on the county website






