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587A Lexington AvenueBrooklyn, NY 11221

For Sale

$1,800,000

Smart Buyer Rebate $22,500

Welcome to 587A Lexington Ave, a 20'-wide beautiful two-family townhouse in the heart of Bedford-Stuyvesant, Brooklyn, rich with charm, character, and exceptional flexibility. Currently configured and enjoyed as a spacious one-family home, this property can be easily converted back to a true two-family residence, making it an excellent opportunity for end-users, investors, or buyers seeking multi-generational living.

Set on a 20' x 100' lot with a 20' x 55' building, the home offers approximately 2,200 square feet plus an unfinished basement. The property also features approximately 1,800 square feet of unused buildable area, with a maximum buildable area of 4,000 square feet, offering exciting future expansion potential.

In its current one-family layout, the second floor features 5 bedrooms, 1 home office, and 1 full bathroom. The first floor includes a living room, dining room, kitchen, 2 bedrooms, and 1 full bathroom. For buyers looking to restore the property to a two-family configuration for rental income, multi-generational living, or long-term investment upside, an alternative layout can accommodate a 3-bedroom, 1-bath unit over a 2-bedroom, 1-bath unit, each with its own living room, dining room, and kitchen.

The home also offers excellent outdoor and bonus space, including a large rear deck overlooking an expansive private backyard, perfect for entertaining, gardening, relaxing, or outdoor dining. The unfinished basement, with both front and rear access, presents additional possibilities: finish it for more usable living space or combine it with the first floor to create a desirable duplex-style unit.

Additional highlights include a new roof replaced in 2022, fully paid-off solar panels that help reduce energy costs, and a valuable tax abatement that helps keep property taxes low. The home is also equipped with a split AC system providing both heating and cooling for year-round comfort.

Conveniently located around supermarkets, shopping, dining, and subway transportation, this is a rare opportunity to own a versatile Brooklyn property with charm, outdoor space, modern upgrades, and future upside in one of Bedford-Stuyvesant's most vibrant neighborhoods.

Please note that photos with furniture are virtually staged.

Listed by Chi Y Lui

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Corcoran Group

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(917) 242-7267

Last updated March 31, 2026

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Source: REBNY #RLS20079217

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeMulti-family
  • NeighborhoodBedford-Stuyvesant
  • Bedrooms7
  • Bathrooms2
  • Days on Prevu11
  • Taxes$2,040/year

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

03/24/2026
Listed by Corcoran Group
$1,800,000

Estimated Closing Costs

Total
$63,320
Attorney Fees
$4,000
NYC Mansion Tax
$18,000
Title Insurance
$8,100
Bank Attorney
$1,500
Mortgage Recording Tax
$27,720
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,800,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 587A Lexington Avenue

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 2
  • Stories Total: 2
  • Structure Type: Townhouse
  • Year Built: 1899
  • Entry Level: 1

Measurements

  • Building Area Total: 1,100
  • Building Area Units: SquareFeet
  • Lot Size Area: 2,000
  • Lot Size Dimensions: 100
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $2,040.00

Interior

Features

  • Appliances: Washer Dryer Allowed
  • Interior Features: Smoke Free

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 7
  • Rooms Total: 13

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Stuyvesant Heights
  • Tax Block: 01619
  • Tax Lot: 0069

Utilities

Equipment

  • Has Cooling: Yes
  • Laundry Features: Washer Hookup, In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 2 bathrooms in this multi-family home at 587A Lexington Avenue.

What are the annual taxes for 587A Lexington Avenue?

Annual taxes for this multi-family home are estimated at $2,040.

How does 587A Lexington Avenue compare to other multi-family homes in Bedford-Stuyvesant?

This multi-family home is listed 20% below the average price for multi-family homes in Bedford-Stuyvesant and has been on the market for 82 less days than the typical home in this area.

587A Lexington Avenue is a 7-bedroom, 2-bath multi-family home for sale in Brooklyn NY 11221. On Prevu for 11 days at $1,800,000. This residence is located in Bedford-Stuyvesant. The median listing price for multi-family homes in this area is $1,562,500. The home offers private outdoor space. View other multi-family home listings in Brooklyn.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.