$1,599,000
Updated 7 years ago
Sold

700 Lafayette Ave

Bedford Stuyvesant, Brooklyn | Tompkins Ave & Throop Ave

17 Rooms8 Beds6 Baths3,700 Square FeetMulti-Family

$1,599,000
floors / apts3 / 3
Lot Size20'x46'
Built Size20'x46'
ZoneR6A
Building TypeLow-Rise
RE Taxes$6,619
Price Per SF
$432

This property was sold for $1,600,000 on 07/02/19.

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 700 Lafayette Ave

A three-story, multi-family rental property nestled across the street from Herbert Von King Park, 700 Lafayette is an incredibly rare investment opportunity to own in the heart of Bedford-Stuyvesant. The building sits on a spacious corner lot and has been built out to its maximum potential. It features a trio of renovated, income-producing rental units, all of which come with tenants in place.

Each unit has hardwood floors, plenty of natural light, living and dining rooms, 2 bathrooms with sleek fixtures, and a modern kitchen with tiled floors and stainless steel appliances. The first floor has 2 bedrooms, while the second and third floors each have 3. There is also an unfinished basement.

700 Lafayette is close to all the restaurants, cafes, bars, grocery stores, and shops that line Tompkins, Nostrand, and Dekalb Avenues. In addition to being across the street from Herbert Von King Park, the building is also just steps from several community playgrounds and gardens. Nearby subway lines include the A/C/G/M/J/Z.

Can be purchased as a package deal with the attached building, 702 Lafayette Ave. The buildings have the potential to be converted into condos.

Building Details for 700 Lafayette Ave

OwnershipMulti-Family
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle-Willoughby Avs
0.35 miles
Bedford-Nostrand Avs
0.45 miles

Citi Bike

Kosciuszko St & Tompkins Ave
0.06 miles
Marcy Ave & Lafayette Ave
0.16 miles

Contact Agents

Contact Agents

Licensed As
Samuel Noiman
Salesperson
License#:
10401235383
Company:
Nest Seekers International
Sammy Noiman
Nest Seekers International
Ryan Serhant
Nest Seekers International
Licensed As
Natanel Malkoukian
Salesperson
License#:
10401307136
Company:
Nest Seekers International
Natanel Malkoukian
Nest Seekers International

Bedford Stuyvesant | Brooklyn

Quick Profile

Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood. 

Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue. 

At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces. 

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. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 25463TH