$1,700,000

587A LEXINGTON Avenue, New York City, NY 11221

  • 7 beds |
  • 2 baths |
  • 1,100 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1899
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,545/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

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.

Listing Status:
Active
Date Added:
March 24, 2026
Data Last Updated:
August 11, 2026 at 12:21AM
Listing Office:
Corcoran Group : (212) 355-3550
Listing Agent:
Chi Y Lui : (917) 242-7267
MLS ID:
RLS20079217
  • General: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Laundry: Washer HookupIn Unit
  • Basement: Other
  • A/C: Other
  • General: None
  • Pool: Building None
  • General: 2
  • Originating MLS: RLS_REBNY
  • County: Kings
  • View: Other
  • Source: RLS_REBNY

This listing courtesy of Chi Y Lui , Corcoran Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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