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  • $1,700,000

    247 Lexington Ave, Brooklyn, NY 11216

    5beds
    2,100sqft
    Loading
    Multi Family
    Built in 1899
    -- sqft lot
    $1,720,600 Zestimate®
    $810/sqft
    $-- HOA

    What's special

    Classic brick constructionFull basementGenerous lot depth
    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.
    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

        DateEventPrice
        11/3/2026Listed for sale$1,700,000-15%$810/sqft
        Source: StreetEasy #S1856115 Report a problem
        8/18/2026Listing removed$2,000,000$952/sqft
        Source: StreetEasy #S1835768 Report a problem
        8/18/2026Price change$2,000,000-20%$952/sqft
        Source: StreetEasy #S1835768 Report a problem
        6/26/2026Listed for sale$2,500,000+1182.1%$1,190/sqft
        Source: StreetEasy #S1835768 Report a problem
        8/23/2017Listing removed$1,000
        Source: The Snead Group Report a problem
        8/18/2017Listed for rent$1,000
        Source: The Snead Group Report a problem
        3/10/2000Sold$195,000+8.9%$93/sqft
        Source: Public Record Report a problem
        5/14/1997Sold$179,000+121%$85/sqft
        Source: Public Record Report a problem
        3/13/1997Sold$81,000$39/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Bedford-Stuyvesant

        Getting around

        92 / 100
        Walker's Paradise

        Nearby schools

        GreatSchools rating

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