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551 Lexington Avenue

Brooklyn · 11221 · BBL 3018010050 · look up another building

A company took title here in May 23, 2025, for a stated $800K.

Most recent filing on this building: a permit, October 21, 2025

551 Lexington Avenue is a one and two family building in Bushwick, Brooklyn, ZIP 11221. City records date it to 1899 and count a single home. The city's property file lists the owner of record as MY CLARENDON INVESTORS LLC. Its total assessed value is $71K, for the 2026 tax year.

No DHCR registration is on file for this address, which is a gap in the record rather than an answer about your apartment. The state will send you your own rent history free, and it is the only binding answer on what you should be paying.

Who owns 551 Lexington Avenue

The most recent recorded deed is dated May 23, 2025, transferring the lot to MY CLARENDON INVESTORS LLC for a stated $800K. The deed before it was recorded May 5, 2025 at $655K, so the lot changed hands twice inside 18 days. The stated consideration rose 22% between the two deeds. PulseCities holds 2 recorded deeds for this lot. Deeds recorded through September 29, 2026, the most recent day the city has published.

A deed names a party of record. Stated consideration of $0 usually marks a transfer between related parties rather than a sale.

Know the month this building changes

Most buildings here are quiet. Two filings a year is normal, so most months there's nothing to report on 551 Lexington Avenue and we'll say so. The point is the month we do

Sales and ownership history at 551 Lexington Avenue

Party recordedRecordedAmount
My Clarendon Investors LLCDEED from 551 LEXINGTON REALTY LLCMay 23, 2025$800K
551 Lexington Realy LLCDEED from Private individualMay 5, 2025$655K

Deeds and assignments recorded in ACRIS, one row per document. Amount is the stated consideration; $0 often marks a non-arms-length transfer. An assignment moves a lender's paper and is not a sale. Source: NYC ACRIS, current through September 29, 2026.

Taxes and assessed value for 551 Lexington Avenue

The city's Department of Finance assessed this lot at $71K for the 2026 tax year. Assessed value is what the city taxes, not what the building would sell for, and the two routinely differ by a wide margin. The bill itself turns on the tax class rate and on any exemptions or abatements attached to the lot, neither of which is published here.

No executed evictions at 551 Lexington Avenue

No executed eviction is on record at 551 Lexington Avenue in the citywide marshal file, which runs from April 2024.

Rent stabilization at 551 Lexington Avenue

No DHCR rent-stabilization registration is on file for 551 Lexington Avenue in the years PulseCities holds. Absence is not proof: an owner who stops registering leaves the same gap as a building that never had stabilized units. Checking your own apartment starts with the free rent history from the state. That is the only binding answer, and it takes time to come back. While you wait, you can get an email when the record here moves: a deed, an eviction, a permit or a violation filed on this building. How to check rent-stabilized status →

Permits filed at 551 Lexington Avenue

WorkFiledType
PLMPL APPLICATION IS TO REMOVE,CAP AND SEAL GAS BOILER IN THE CEL & INSTALL NEW GASOct 21, 2025AL

DOB job filings on this lot, past 12 months. Source: NYC DOB job filings, current through October 9, 2026.

How 551 Lexington Avenue compares in 11221

45.6/100HIGH AREA PRESSURE

PulseCities tracks 9,154 lots in 11221, of which 278 carry an executed eviction from the marshal record, which starts in April 2024, and 631 carry a deed from the shorter ACRIS window. 11221 scores 45.6 out of 100 for displacement pressure, 30 of 177 scored NYC ZIP codes. The full signal breakdown for Bushwick →

What else this owner holds

My Clarendon Investors LLC took title to 1 other building in the deed record. A shared buyer on a deed is a fact about the filing, not proof that one operation runs them all:

Every deed recorded for My Clarendon Investors LLC →

Questions about 551 Lexington Avenue

Who owns 551 Lexington Avenue?

The most recent deed on file for 551 Lexington Avenue names MY CLARENDON INVESTORS LLC. Deeds record the party that took title, which is often a holding company rather than the operator managing the building. That deed was recorded May 23, 2025.

How much did 551 Lexington Avenue sell for?

The most recent deed states a consideration of $800K, recorded May 23, 2025 in ACRIS. Stated consideration is what the parties filed, and it can differ from the economics of the deal.

Have there been evictions at 551 Lexington Avenue?

No executed eviction at 551 Lexington Avenue appears in the NYC evictions dataset, which PulseCities holds from April 2024 forward. Executed evictions are the end of the process, so a building with none may still have active housing court cases.

Is 551 Lexington Avenue rent stabilized?

No DHCR registration for 551 Lexington Avenue appears in the years PulseCities holds. That is a gap in the registration record rather than an answer about any apartment, and the free rent history from NYS Homes and Community Renewal is what settles it.

What is 551 Lexington Avenue assessed at for property taxes?

The Department of Finance assessed the lot at $71K for the 2026 tax year. That is the figure the city taxes rather than a sale price, and the bill depends on the tax class rate and on any exemptions on the lot.

What is the displacement risk around 551 Lexington Avenue?

11221 (Bushwick) scores 45.6 out of 100 on the PulseCities displacement index. The score reads five ZIP-level signals: LLC acquisition rate, permit intensity, 311 complaint volume, executed evictions, and serious HPD violations. It describes the area around the building, not the building itself.

Look up another building

Sourced from NYC public records: ACRIS deeds, DOB permits, the NYC evictions dataset, and 311. Records reflect what agencies have published and can lag events.