Updated 10 years ago
Sold
705 Lafayette Ave
Bedford Stuyvesant, Brooklyn | Tompkins Ave & Throop Ave
15 Rooms5 Beds3 Baths2,500 Square FeetMulti-Family
$900,000
floors / apts3 / 2
Lot Size20'x100'
Built Size20'x30'
ZoneR6A
Building TypeTownhouse
RE Taxes$1,916
Price Per SF
$360
This property was sold for $900,000 on 02/01/17.
Property Description for 705 Lafayette Ave
DEVELOPER'S DREAM - BACK ON THE MARKET!!! Buy into PRIME Bedford-Stuyvesant without settling for someone else's design, layout or finishes!This (20' x 30') 2-Family, 2,500 square foot home anchors a 20' x 100' lot with additional FAR available to extend the property or build up at a maximum of 6,000 square feet! This home has been in the same family for over 80 years and will be delivered vacant. Currently configured as an owner's duplex with a high income floor-through rental above, the buyer may use as-is or combine to create a grand single-family residence. This property will be delivered VACANT and is a CASH ONLY DEAL!!Ideal for a savvy end user or forward thinking developer. Additional amenities includes: deep garden, proximity to mass transportation (G train: 2.5 blocks away at Bedford Avenue) and Von King Park one corner away!
Listing History for 705 Lafayette Ave
Now
02/01/2017
$900,000
Sold and Closed by Steve Brady
Corcoran
2017
Building Details for 705 Lafayette Ave
OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/2
Transit and Citi Bike
Subway
Myrtle-Willoughby Avs
0.34 miles
Bedford-Nostrand Avs
0.46 miles
Citi Bike
Kosciuszko St & Tompkins Ave
0.03 miles
Marcy Ave & Lafayette Ave
0.16 miles
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: 64288TH
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