551 Lexington Ave
Brooklyn, NY 11221
1,200 sqft Built 1899 Lot 1,667 sqft single_family
Most recent sale
$520,000
May 25, 2011
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 27, 2025 | Sold | $800,000 | Public Record |
| May 12, 2025 | Sold | $655,000 | Public Record |
| May 6, 2025 | Price changed | $655,000 | Sothebys International Realty |
| Apr 23, 2024 | Relisted | $1,300,000 | Sothebys International Realty |
| Feb 29, 2024 | Price changed | $1,300,000 | Sothebys International Realty |
| Nov 3, 2023 | Listed | $1,335,000 | Sothebys International Realty |
| Nov 1, 2023 | Listing removed | — | Perchwell |
| Sep 28, 2023 | Price changed | $1,335,000 | Perchwell |
| Jul 5, 2023 | Listed | $1,355,000 | Perchwell |
| Jan 9, 2022 | Listing removed | $1,335,000 | MyStateMLS |
| Jan 3, 2022 | Relisted | $1,335,000 | MyStateMLS |
| Jan 2, 2022 | Listing removed | $1,335,000 | MyStateMLS |
| Dec 27, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Dec 26, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Dec 20, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Dec 19, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Dec 13, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Dec 12, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Dec 6, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Dec 5, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Nov 29, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Nov 28, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Nov 23, 2021 | Listing removed | — | REBNY |
| Nov 22, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Nov 21, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Nov 19, 2021 | Listed | $1,335,000 | REBNY |
| Nov 15, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Nov 14, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Nov 8, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Nov 7, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Nov 1, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Oct 31, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Oct 25, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Oct 24, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Oct 11, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Oct 10, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Oct 4, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Oct 3, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Sep 27, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Sep 26, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Sep 13, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Sep 12, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Aug 29, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Aug 28, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Jul 12, 2021 | Relisted | $1,335,000 | MyStateMLS |
| Jul 11, 2021 | Listing removed | $1,335,000 | MyStateMLS |
| Jun 6, 2021 | Price changed | $1,335,000 | MyStateMLS |
| Mar 16, 2021 | Price changed | $1,355,000 | MyStateMLS |
| Feb 17, 2021 | Price changed | $1,365,000 | MyStateMLS |
| Jan 13, 2021 | Listing removed | — | RealPlus |
| Jan 6, 2021 | Listing removed | — | RealPlus |
| Jan 5, 2021 | Relisted | $1,375,000 | RealPlus |
| Jan 5, 2021 | Price changed | $1,375,000 | MyStateMLS |
| Dec 29, 2020 | Listing removed | — | RealPlus |
| Dec 28, 2020 | Relisted | $1,395,000 | RealPlus |
| Dec 4, 2020 | Listing removed | — | RealPlus |
| Dec 3, 2020 | Listed | $1,395,000 | RealPlus |
| Oct 17, 2020 | Price changed | $1,395,000 | MyStateMLS |
| Sep 29, 2020 | Price changed | $1,425,000 | MyStateMLS |
| Aug 29, 2020 | Price changed | $1,455,000 | MyStateMLS |
| Jun 20, 2020 | Listed | $1,495,000 | MyStateMLS |
| May 25, 2011 | Sold | $520,000 | Public Record |
| Oct 22, 2007 | Sold | $410,000 | Public Record |
| Jan 26, 1988 | Sold | $70,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $40,200 | $13,980 | $54,180 | $1,530 |
| 2024 | $40,200 | $13,980 | $54,180 | $1,546 |
| 2023 | $48,900 | $13,980 | $62,880 | $1,476 |
| 2022 | $54,900 | $13,980 | $68,880 | $1,372 |
| 2021 | $61,560 | $13,980 | $75,540 | $1,371 |
| 2020 | $51,600 | $13,980 | $65,580 | $1,377 |
| 2019 | $58,560 | $13,980 | $72,540 | $1,342 |
| 2018 | $4,743 | $1,315 | $6,058 | $1,267 |
| 2017 | $3,765 | $1,963 | $5,728 | $1,167 |
| 2016 | $3,811 | $1,620 | $5,431 | $1,085 |
| 2015 | $3,252 | $2,170 | $5,422 | $1,060 |
| 2014 | $2,816 | $2,533 | $5,349 | $1,025 |
| 2013 | $2,206 | $2,843 | $5,049 | $968 |
| 2012 | $2,098 | $2,676 | $4,774 | $869 |
| 2010 | $1,481 | $3,045 | $4,526 | $772 |
| 2009 | $1,526 | $2,993 | $4,519 | $761 |
| 2007 | $3,325 | $654 | $3,979 | $614 |
Property facts
Year built
1899
Property type
single_family
Stories
2
Beds
—
Baths
—
Living area
1,200 sqft
Lot size
1,667 sqft
ZIP code
11221
City
Brooklyn
Street
Lexington Ave
Coordinates
40.68920, -73.93971
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 551 Lexington Ave last sell?
551 Lexington Ave most recently sold on May 25, 2011 for $520,000.
What is the current tax assessment for 551 Lexington Ave?
The most recent total assessment for 551 Lexington Ave (year 2025) is $54,180 with $1,530 in property tax.
How does 551 Lexington Ave's assessment compare to its last sale price?
The current assessment is 89.6% below the last sale price of $520,000.
When was 551 Lexington Ave built?
551 Lexington Ave was built in 1899.
How does 551 Lexington Ave compare to others on Lexington Ave?
We track 8 other properties on Lexington Ave. Browse the list under "Other properties on Lexington Ave" to compare beds, baths, and sale history.
What are the property facts for 551 Lexington Ave?
551 Lexington Ave is a 1,200 sqft, 1,667 sqft lot single_family.
Is 551 Lexington Ave a flip candidate?
Yes — 551 Lexington Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 551 Lexington Ave a tax-appeal candidate?
No — 551 Lexington Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+17.5%
Implied 1-yr
+70.1%
2026 Q3
$7.85M
2026 Q4
$7.85M
ZIP 11221 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lexington Ave