$1,650,000
Updated 5 years ago
Sold

538 Lafayette Ave

Bedford Stuyvesant, Brooklyn | Bedford Ave & Nostrand Ave

12 Rooms6 Beds3 Baths3,108 Square FeetMulti-Family

$1,650,000
floors / apts4 / 3
Lot Size18'5"x100'
Built Size18'5"x42'
ZoneR6B
Building TypeTownhouse
RE Taxes$3,009
Price Per SF
$531

This property was sold for $1,700,000 on 06/21/21.

Listing Features

  • Original Details

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 538 Lafayette Ave

538 Lafayette stands tall on a Brooklyn block bordering the highly desired and historic neighborhoods of Bed Stuy & Clinton Hill. This home features a beautiful owner's duplex with a garden, and two rental properties above. In addition, the full basement makes for perfect storage space, and has the potential to be finished. Originally built in 1901, this three-family home has many of the beautiful original details still intact, such as hardwood flooring, claw-foot bathtubs, and ornate plaster medallions, throughout. The parlor level features high ceilings and beautiful natural light that fills each room from sunrise to sundown. The owner's duplex occupies the first two floors and is currently configured as a 2 bedroom / 1 bath, with a south-facing backyard. Laundry is located on the first floor, off of the master bedroom. The second floor apartment is home to a 2 bedroom / 1 bath and is currently vacant and on the market for $2,400. The third floor is nearly identical to the second, and the current monthly rent is under market at $2,269. All three apartments are in good condition, with no major updating necessary. This is the perfect opportunity for both experienced and first time investors. Create the home of your dreams where small renovations and cosmetic updates, would go a long way. 538 Lafayette is in close proximity to Fort Greene Park and well-known restaurants located along Dekalb Avenue. The location offers convenience, accessibility, and is home to some local favorites such as, Clementine Bakery, Pilar Cuban Eatery, and Greenberg Bagels. The neighborhood amenities offered along both Bedford and Nostrand Avenues are rich with choices, and just around the corner in either direction. This neighborhood is very diverse and vibrant with easy access around town with the G train less than a block away. All open houses are by appointment only and appointments will only be scheduled with proper COVID and Disclosures signed prior.

Listing History for 538 Lafayette Ave

Now
06/21/2021
$1,700,000
Sold and Closed by Sarah A. Adler
Corcoran
02/27/2021
Contract Signed by Sarah A. Adler
Corcoran

Building Details for 538 Lafayette Ave

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

Bedford-Nostrand Avs
0 miles
Classon Av
0.35 miles
Myrtle-Willoughby Avs
0.41 miles

Citi Bike

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

Contact Agent

Contact Agent

Sarah Adler
Corcoran

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: 80375TH