587A LEXINGTON Avenue
$1,600,000
MLS# RLS20079217 · Stuyvesant Heights
Originally listed at $1,800,000. Price last reduced on September 1, 2026.
Listed March 24, 2026 · 232 days on the market
7 Beds 2 Baths
About This Property
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.
Agent's Note
From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Corcoran Group.
Built in 1899, 587A Lexington Avenue is a two-story townhouse 20 feet wide, on a 20 by 100 foot lot with a building of about 20 by 55 feet. It offers approximately 2,200 square feet above an unfinished basement, and today it's set up as a single family with seven bedrooms and two full bathrooms. The listing also lays out a two-family plan, which is the more interesting part of the house.
The second floor holds five bedrooms and a home office, with the living room, dining room, kitchen and two bedrooms on the first floor. For a two-family setup, the listing sketches a three-bedroom upper unit and a two-bedroom lower unit, each with one bathroom and its own main rooms. The maximum buildable area is 4,000 square feet, and about 1,800 square feet of that is unused.
A large rear deck overlooks an expansive private backyard, and a private backyard is a real asset for a house in the city. I like that the basement has both front and rear access, since that gives you room to finish it as living space or to join it to the first floor as a duplex-style unit. The washer and dryer are in the unit.
The roof was replaced in 2022, and the solar panels are fully paid off. A tax abatement is also in place, and the house has split AC providing both heating and cooling. How the abatement applies to you is a question for an attorney or tax adviser.
For everyday errands, Ideal Food Basket is about 4 minutes on foot and Associated is about 5 minutes, while Botani, a coffee shop, is about 3 minutes away. Raymond Bush Playground is about 5 minutes away as well.
Quick answers+
Is there private outdoor space?
Yes. A large rear deck overlooks an expansive private backyard.
How many bedrooms does the house have?
Seven bedrooms, with five on the second floor and two on the first floor, in its current one-family layout.
Does the house have air conditioning?
Yes. A split AC system provides both heating and cooling.
Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Pets allowed
- Smoke-free
Home features
- Washer/dryer in unit
Building amenities
Services and facilities
- Green building
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$8,260 / month
- Principal and interest$8,090
- Property taxes$170
Due at closing
- Down payment (20%)$320,000
- NYS “mansion tax” (1%)$16,000
- Mortgage recording tax (1.925%)$24,640
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
About the Building
587A Lexington Avenue is a 2-story two-family dwelling in Stuyvesant Heights, completed in 1899 and home to 2 residential units. The most recent major alteration on record was in 2012.
Raymond Bush Playground is roughly 5 minutes away on foot.
Compiled from NYC public records and open data.
- Year Built
- 1899
- Stories
- 2
- Units
- 2
- Building Type
- Two-Family Dwelling
View 587A Lexington Avenue building profile and all listings →
Location & Nearby
Map
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587A LEXINGTON Avenue
Parks
- Raymond Bush PlaygroundAbout 5 min walk
- Eleanor Roosevelt PlaygroundAbout 6 min walk
- Jesse Owens PlaygroundAbout 7 min walk
Public schools · Elementary schools
- P.S. 308 Clara CardwellAbout 4 min walk
- P.S. 44 Marcus GarveyAbout 7 min walk
- P.S. 81 Thaddeus StevensAbout 8 min walk
Middle schools
- Success Academy Charter School - Bed Stuy 3 · CharterAbout 5 min walk
- Whitelaw Reid Academy of Arts and BusinessAbout 8 min walk
High schools
- Unity Preparatory Charter School of Brooklyn · CharterAbout 7 min walk
- Brooklyn Emerging Leaders Academy Charter School · CharterAbout 8 min walk
Colleges & universities
- Boricua CollegeAbout 22 min walk
Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.
The Neighborhood
About Brooklyn
Stuyvesant Heights is covered by our Brooklyn guide.
A dynamic borough offering architecturally significant residences, world-class culture, and an unmatched creative energy.
Walkability
9/10
Public transit
8/10
Schools
7/10
Dining
9/10
Groceries & parks
8/10
Gallery
Property Photos
Listing Courtesy of Corcoran Group
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.