698 Lexington Avenue
Brooklyn, NY 11221
Cross street:Stuyvesant Avenue

Building

Type:Townhouse
Era:Post-war
Floors:2

Property

Ownership: Multi-Family
Rooms: 14
Bedrooms: Studio

Open Houses

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Financials

Price:$2,499,000
Listing Courtesy of Brown Harris Stevens Residential Sales LLC

Two Brownstones, one lot.

Description

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.

Neighborhood

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RLS Data display by Nest Seekers LLC.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.