# 114 Lexington Avenue, Brooklyn

Condominium · 16 units · built 2022 · Block 1970, Lot 7509.

On Umarelli: https://umarelli.org/nyc/3019707509/114-lexington-avenue

More construction in Bedford-Stuyvesant: https://umarelli.org/nyc/brooklyn/bedford-stuyvesant.md

## Building permits

- Alteration, filed Jul 11, 2022, estimated cost $3K, described as “Installation of temporary roof protection on adjacent property roof as per plans. No change in use, egress or occupancy. Temporary roof protection shall comply with chapter #33 of the NYC building code.”
- Alteration, filed Jul 5, 2022, estimated cost $50K, described as “Installation of temporary pipe scaffold and needle beam platform as per plans. Pipe scaffold and needle beam platform shall comply with chapter 33 of the 2014 NYC building code. No change in use, egress or occupancy under this application.”
- Alteration, filed Mar 15, 2022, estimated cost $34K, described as “Installation of temporary sidewalk shed as per plans. Sidewalk shed shall comply with chapter 33 of the 2014 NYC building code. No change in use, egress or occupancy under this application.”
- Alteration, filed Mar 15, 2022, estimated cost $3K, described as “Installation of temporary fence as per plans. Fence shall comply with chapter 33 of the 2014 NYC building code. No change in use, egress or occupancy under this application.”
- Major Renovation — Enlargement, filed Sep 27, 2021, estimated cost $4.4M, 16 units added, 5 stories, described as “Proposed 5 story residential building”

## Property taxes

- Assessment: $2,606,412
- 2026–27 tax: $237,876
- Market value (city estimate): $5,792,020
- Taxable value: $2,295,750
- Assessed land: $327,603
- Assessed improvements: $2,278,809
- Condo units with their own tax lots: 26

## Tax breaks

- Co-op and condo abatement, with no end date, a $46,206 credit this tax year.

## Zoning

R6B (part of the lot is R6A): floor area ratio 2.27 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Aug 21, 2026: $1,100,000, Apt 304
- Feb 4, 2026: $50,700, Apt P5
- Aug 19, 2025: $1,275,000, Apt 203
- May 1, 2024: $725,000, Apt 101, sold with other lots
- Nov 1, 2023: $1,395,000, Apt 202, sold with other lots
- Oct 13, 2023: $1,085,000, Apt 304
- Sep 26, 2023: $1,947,611, Apt PH1, sold with other lots
- Sep 22, 2023: $1,100,000, Apt 401
- Sep 21, 2023: $1,245,000, Apt 203
- Sep 20, 2023: $1,150,623, Apt 201, sold with other lots

The 10 most recent of 19 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Renderings Revealed for 114 Lexington Avenue in Bed-Stuy, Brooklyn](https://newyorkyimby.com/2023/01/renderings-revealed-for-114-lexington-avenue-in-bed-stuy-brooklyn.html), New York YIMBY, Jan 1, 2023.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology