$1,850,000
Updated 6 years ago
Off Market

542 Lafayette Ave

Bedford Stuyvesant, Brooklyn | Bedford Ave & Nostrand Ave

7 Rooms5 Beds4 Baths2,714 Square FeetMulti-Family

$1,850,000
floors / apts4 / 3
Lot Size23'x100'
Built Size20'x56'
ZoneR6B
Building TypeTownhouse
RE Taxes$2,749
Price Per SF
$682

Listing Features

  • Original Details

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom
  • Gated Entry
  • Stoop Entry

Property Description for 542 Lafayette Ave

This three family townhouse is located in Bedford-Stuyvesant only few blocks away from Clinton Hill. Nestled on Lafayette Avenue between Bedford & Nostrand Ave you will be hard pressed to a find a more convenient location. Enjoy plenty of original detail which is always aesthetically appealing. This is an ideal property for an end user looking to supplement their mortgage with the two rental units while enjoying an owner’s duplex and the building will be deliver fully VACANT. The rental units are a three bedroom and one bedroom with eat in kitchen both of which command top market rents. Currently the building sits on 23 feet x 100 feet lot with 2,324 sq/ft with additional 708 sq/ft in basement that has private entrance, high ceilings and full bathroom. Additional 2000+ of square feet to be built bringing the potential total square footage to approximately 4,600. The zoning is R6B & the FAR is 2. This property can easily be converted to a 4 family and could be a turnkey income producing property once the FAR is realized. G train is on the corner and many of the top restaurants & bars in Brooklyn, also close to Pratt Institute.

Listing History for 542 Lafayette Ave

Now
10/15/2020
TOM by Yaroslav Makaruk
R New York
08/06/2020
$1,850,000
Initial Price by Yaroslav Makaruk
R New York

Building Details for 542 Lafayette Ave

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

Bedford-Nostrand Avs
0.02 miles
Classon Av
0.36 miles
Myrtle-Willoughby Avs
0.42 miles

Citi Bike

Clifton Pl & Bedford Ave
0.11 miles
Kosciuszko St & Nostrand Ave
0.14 miles

Contact Agent

Contact Agent

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: 62094TH