$1,132,500
Updated 9 years ago
Sold

695 Lafayette Ave

Bedford Stuyvesant, Brooklyn | Marcy Ave & Tompkins Ave

4 Baths3,234 Square FeetRental Property

$1,132,500
floors / apts2 / 3
Lot Size20'x100'
Built Size20'x50'
ZoneR6A
Building TypeTownhouse
Price Per SF
$350

This property was sold for $1,132,500 on 02/27/15.

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom
  • Driveway
  • Garage

Property Description for 695 Lafayette Ave

Yes, another property from the Bed-Stuy Revolution. Investment properties are few and far between in this marketplace. A new development currently configured as 3-family with additional FAR with approximately 2000 sqft of residential space and 1000 sqft of basement space.Ground floor is a spacious 3 bedroom unit, the second floor has two separate one bedroom apartments. Options range from living in the ground floor 3 bedroom and expanding into the basement to create a substantial owners duplex. The upstairs units can be used as separate 1 bedroom apartments for passive income, or continue to use it as an investment and rent all three units. Don’t forget the additional FAR! A rare detached covered garage on the lot with a backyard area available for an additional open parking spot, a curb cut application is required to use the second spot. Only 3 blocks to the Bedford-Nostrand G train stop. Across the street from Herbert Von King Park; a gorgeously kept community staple with plenty of year round activities and fun. Do or Dine, Black Swan and Scratch Bread Bakery are local eateries to enjoy.

Building Details for 695 Lafayette Ave

OwnershipRental Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built2003
Floors/Apts2/3
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle-Willoughby Avs
0.32 miles
Bedford-Nostrand Avs
0.43 miles

Citi Bike

Kosciuszko St & Tompkins Ave
0.04 miles
Marcy Ave & Lafayette Ave
0.13 miles

Contact Agents

Contact Agents

Stephanie O'Brien
Douglas Elliman
Daniel Fried
Douglas Elliman
Jessica Peters
Douglas Elliman

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: 52006TH