6 Beds
5 Baths
$2,499,000
698 LEXINGTON Avenue, Brooklyn NY, 11221
Built in1899
Property typeResidential
Overview
Active
Listed Oct 21, 2026
Updated 17h ago
Two Brownstones, one lot. An exceptional investment opportunity!
698 Lexington Avenue presents a rare opportunity to own two separate brownstone residences on one lot in the heart of Bedford-Stuyvesant. With three residential units across two buildings, this property offers excellent flexibility for owner-occupants and investors alike.
The main brownstone features two spacious duplex residences. The upper three-bedroom, two-and-a-half-bath duplex offers generous living spaces, a chef's kitchen, abundant natural light, and a private outdoor deck. The lower one-bedroom, one-and-a-half-bath duplex features exposed brick, a versatile lower-level recreation space, and plenty of character.
The separate rear house offers two large bedrooms, one-and-a-half bathrooms, a private terrace, and an additional 17' 32' basement, ideal for extra storage or flexible use.
Located on a charming Bed-Stuy block, the property is conveniently positioned near the J, M, Z, and A trains, as well as beloved neighborhood restaurants, shops, and parks.
Live in one residence and rent the others, or maximize rental income across all three units. With strong income potential and an attractive projected cap rate, 698 Lexington Avenue is a compelling opportunity in one of Brooklyn's most desirable neighborhoods.
698 Lexington Avenue presents a rare opportunity to own two separate brownstone residences on one lot in the heart of Bedford-Stuyvesant. With three residential units across two buildings, this property offers excellent flexibility for owner-occupants and investors alike.
The main brownstone features two spacious duplex residences. The upper three-bedroom, two-and-a-half-bath duplex offers generous living spaces, a chef's kitchen, abundant natural light, and a private outdoor deck. The lower one-bedroom, one-and-a-half-bath duplex features exposed brick, a versatile lower-level recreation space, and plenty of character.
The separate rear house offers two large bedrooms, one-and-a-half bathrooms, a private terrace, and an additional 17' 32' basement, ideal for extra storage or flexible use.
Located on a charming Bed-Stuy block, the property is conveniently positioned near the J, M, Z, and A trains, as well as beloved neighborhood restaurants, shops, and parks.
Live in one residence and rent the others, or maximize rental income across all three units. With strong income potential and an attractive projected cap rate, 698 Lexington Avenue is a compelling opportunity in one of Brooklyn's most desirable neighborhoods.
$16,626/mo
Est. mortgage payment based on a $2,499,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- RLS20122011
Interior Features
- Bedrooms
- 6
- Bathrooms
- 5
- Cooling
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.02 Acres
Other Property Details
- Taxes
- $5,904
- Tax Frequency
- Annually
Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Nadine Adamson
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
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 The Real Estate Board of New York, Inc., All rights reserved
RLS Data display by SERHANT. Data last updated on 10/22/2026 at 5:25 AM UTC
