The listing facts are current enough for an initial property review.
554 Lexington Ave
Listing Notes
Located in the heart of Bedford-Stuyvesant, this solid brick two-family home offers great potential in a prime Brooklyn location. The property features a spacious upper duplex configured as a 3 bedroom unit offering functional living space. Off the kitchen, a door leads to your private deck and stairs that lead to your backyard. The garden level unit is offering a 1 bedroom layout with an open concept kitchen and living area. The garden unit also provides direct access to the backyard. This unit also has interior stairs that lead to your unfinished basement. The home is in good overall condition. Showings are limited to the garden level unit and basement which is vacant. The upper duplex is tenant-occupied and not accessible at this time. Conveniently located near local shops, dining, and transportation. Don't miss this opportunity to own a multi-family home to make your very own.
Market Insights
$938/sqft vs a nearby median of $750/sqft.
- +25% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 2,000 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 24.2% above where comps + adjustments land — there is room to negotiate.
- Visible condition issues−$52k −3.5%
- Pre-war character+$37k +2.5%
- Transit access−$22k −1.5%
- Sparse street life−$22k −1.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 26 days
- Last price change
- No change recorded
- Listed
- Apr 16, 2026
- Photos
- 19 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- Apr 15, 2015 · $950,000
Features & Amenities
Photos
Building Facts
- Year built
- 1899
- Stories
- 2
- Total units
- 2
- Residential units
- 2
- Building area
- 2,001 sqft
- Lot size
- 1,667 sqft
- Land use
- One and two family buildings
- Building class
- B3
From NYC public records where available.
Price History
Public Records
1 total recorded against the building
4 total recorded
Tax-lot deed, mortgage, and transfer records on file
Top: noise - residential
Top complaint types in ZIP 11221
- Noise - Residential4,579
- HEAT/HOT WATER3,642
- Illegal Parking3,293
- UNSANITARY CONDITION1,850
- Noise - Street/Sidewalk1,744
Recent DOB
- Mar 12, 2014V-DOB VIOLATION - ACTIVE · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
Recent HPD
- Jun 16, 2002Class B · SECTION 27-2038 ADMIN CODE: PROVIDE ADEQUATE LIGHTING FOR MINIMUM 60 WATTS INCANDECENT AT PUBLIC HALL, 2nd STORY
- May 17, 2002Class C · SECTION 27-2024 ADMIN. CODE: PROVIDE ADEQUATE SUPPLY OF HOT WATER FOR THE FIXTURES AT KITCHEN AND BATH ROOM IN THE BATHROOM LOCATED AT APT 2, 2nd STORY, 1st APARTMENT FROM SOUTH...
- May 17, 2002Class C · SECTION 27-2031 ADMIN. CODE: PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE BATHROOM LOCATED AT APT 2, 2nd STORY, 1st APARTMENT FROM SOUTH AT WEST
- May 17, 2002Class B · SECTION 27-2005 ADMIN. CODE: PROPERLY SECURE THE LOOSE BALUSTRADE AT THE 1ST TO 2ND STORIES AT PUBLIC HALL STAIRS
Recent Transfers (ACRIS)
- Mar 29, 2018DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.