$8,995,000
Updated 4 years ago
Sold

766 Lafayette Ave

Clinton Hill, Brooklyn | Tompkins Ave & Throop Ave

40 Rooms17 Beds15.5 Baths12,971 Square FeetIncome Property

$8,995,000
floors / apts4 / 13
Lot Size50'x100'
ZoneR6B
Building TypeLow-Rise
RE Taxes$18,381
Price Per SF
$693

Building Amenities

  • Video Intercom
  • Bike Storage
  • Elevator
  • Laundry Room
  • Roof Deck
  • Storage

Property Description for 766 Lafayette Ave

Rarely available mixed-use rental property offering 13 apartments, commercial space spread out over 13,000 SqFt and 5 parking spots! The building is currently offering a cap rate of 5% with an NOI of $449,343! The building is located on the corner of Lafayette and Throop and was developed in 2015. The building layouts range from 1 bedroom to 2 bedroom duplexes and all units are well equipped with in-unit Mitsubishi unit, brand new stainless steel appliances, stone countertops in the kitchen, modern bathrooms, hardwood floors throughout, and video intercom system. Common areas also include a rooftop deck, laundry in the building, bike rack, and private storage units. A short distance from the G, J, M, and Z trains.

Building Details for 766 Lafayette Ave

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVideo Intercom
AgePost-War
AccessElevator
Year Built2016
Floors/Apts4/13
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle-Willoughby Avs
0.44 miles

Citi Bike

Greene Ave & Throop Ave
0.08 miles
Kosciuszko St & Tompkins Ave
0.16 miles

Contact Agents

Contact Agents

Clinton Hill | Brooklyn

Quick Profile

Tucked behind the Brooklyn Navy Yard in central Brooklyn is the quiet residential neighborhood of Clinton Hill. Once a strictly working-class neighborhood, Clinton Hill has become known for its elegant brownstones and stately mansions that were built as Manhattanites crossed the East River in the 1920s in search of the supposed health benefits that came from living “on the hill,” which has an elevation of 95 feet. Now you will also find newer luxury apartment and condo buildings interspersed throughout the neighborhood.

The Pratt Institute and St. Joseph College give the area a certain energy that comes from having a college in your town, while it’s leafy streets, some with their original cobblestones, and slower pace attract young families. Millennials and professionals are flocking to Clinton Hill in search of a reasonably priced neighborhood that offers both nightlife and an easy commute to Manhattan. Clinton Hill is a beautiful neighborhood with a suburban feel and firm roots in its past that also offers plenty of urban amenities.

New businesses are showing up in Clinton Hill on a regular basis, adding to the current proliferation of coffee shops, restaurants, and bars. As the population changes, new entertainment and nightlife venues are migrating to the area to meet the demand. Barclays Center is within easy walking distance, offering exciting sporting events and concerts.

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: 82251TH