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.
Active
Price cut: $100K (4/28)
$1,700,000
587 Lexington Ave #A, Brooklyn, NY 11221
7beds
2,200sqft
Multi Family
Built in 1899
-- sqft lot
$1,671,500 Zestimate®
$773/sqft
$-- HOA
What's special
Expansive private backyardDining room
- 108 days |
- 273 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Corcoran 212-941-2610,
Chi Lui
Source: StreetEasy,MLS#: S1817915
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Washer/Dryer
- Laundry: Inside
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard, Garden
- Has view: Yes
- View description: City
Details
- Parcel number: 016190069
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1899
Community & HOA
Community
- Subdivision: Stuyvesant Heights
HOA
- Has HOA: Yes
- Amenities included: Laundry
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $773/sqft
- Tax assessed value: $1,228,000
- Annual tax amount: $2,040
- Date on market: 3/24/2026
Estimated market value
$1,671,500
$1.59M - $1.76M
$4,516/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Price change | $1,700,000-5.6%$773/sqft |
Source: StreetEasy #S1817915 Report a problem | ||
| 3/24/2026 | Listed for sale | $1,800,000+87.5%$818/sqft |
Source: StreetEasy #S1817915 Report a problem | ||
| 2/13/2017 | Sold | $960,000+74.9%$436/sqft |
Source: Public Record Report a problem | ||
| 7/6/2005 | Sold | $549,000$250/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,973 +4.6% | $73,680 +21.9% |
| 2024 | $3,799 | $60,420 -18.5% |
| 2023 | -- | $74,160 +19.5% |
| 2022 | -- | $62,040 -8.8% |
| 2021 | -- | $68,040 -17.5% |
| 2020 | $3,532 +5.9% | $82,500 -4.9% |
| 2019 | $3,337 +6% | $86,760 +476.7% |
| 2018 | $3,147 +7.7% | $15,045 +5% |
| 2017 | $2,921 +4.3% | $14,330 |
| 2016 | $2,802 | $14,330 +3% |
| 2015 | $2,802 +71.9% | $13,906 +5.9% |
| 2014 | $1,631 | $13,136 +4.8% |
| 2013 | -- | $12,538 +5% |
| 2012 | -- | $11,942 |
| 2011 | -- | $11,942 +3% |
| 2010 | -- | $11,589 +5.9% |
| 2009 | -- | $10,947 +4.8% |
| 2008 | -- | $10,449 +5% |
| 2007 | -- | $9,952 |
| 2006 | -- | $9,952 +3% |
| 2005 | -- | $9,658 +5.9% |
| 2004 | -- | $9,123 +4.8% |
| 2003 | -- | $8,708 +5% |
| 2002 | -- | $8,294 |
| 2001 | -- | $8,294 +3% |
| 2000 | -- | $8,049 |
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Bedford-Stuyvesant
Nearby schools
GreatSchools rating
- 3/10Ps 308 Clara CardwellGrades: PK-8Distance: 0.2 mi
- 1/10Boys and Girls High SchoolGrades: 9-12Distance: 0.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Kings County
- New York
- 11221
- Brooklyn
- Bedford-Stuyvesant
- 587 Lexington Ave Unit A




