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701 Lafayette Ave
Brooklyn, NY 11221 (Bedford - Stuyvesant)
Off Market · Public Record
Contact For Estimate

701 Lafayette Ave Brooklyn, NY 11221

(Bedford - Stuyvesant)
  • 1,800 sqft
  • 2,000 sqft lot size
  • Multi-Family
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  • See the local terrain and how close this home is to parks and main streets.

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  • High crime relative to the rest of Kings county.

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  • 65 Elementary Schools

    35 Middle Schools

    20 High Schools

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Property Details for 701 Lafayette Ave


This property is no longer available to rent or buy. This description is from November 24, 2016
Incredible Development Investment opportunity. 701 Lafayette is an exceptional 20 x 100 ft lot on a tree-lined block in one of Brooklyn's developer's most coveted neighborhoods, Prime Bedford Stuyvesant. The lot, Ripe and Ready for with Potential, currently houses a vacant, two story home consisting of 6,000 SF OF DEVELOPMENT RIGHTS. Zoning allows for up to a five story building with 8 units. Perfectly situated at the north east corner of Herbert Von King Park off Tompkins Avenue, 701 Lafayette Avenue is a Developer's Dream surrounded by green space, superb dining, local shopping, a...nd in the beating heart of Brooklyn's dynamic, evolving cultural ecosystem. Local favorites include Black Swan, Civil Service Caf, Pilar Cuban Eatery, Playground, Stone Fruit Espresso + Kitchen, Project Parlor, Burley Coffee, Rustik Tavern, Borough Restaurant & Bar, and ReConnect Caf. Transportation: G Train at G at Bedford Nostrand, A/C at Nostrand, C/S at Franklin and LIRR at Nostrand, allowing for an easy commute to Manhattan and Beyond. LOT SIZE: 20 x 100 ft LOT AREA: 2,000 SF BUILT SIZE: 20 x 30 BUILT AREA: 1,800 SF ADD'L BUILDABLE SF: 4,200 SF TOTAL BUILDABLE SF: 6,000 SF F.A.R: 3.0 ZONING: R6A ZONING MAP: 17A BLOCK/LOT: 1786/71 TOTAL ASSESSMENT: $10,477 ANNUAL TAXES (16/17): $2,094 MONTHLY TAXES: $175 *Set-up and Proposed Plans are available upon request.*
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701 Lafayette Ave Public Records


Official property, sales, and tax information from county (public) records as of 12/2016:
    • Duplex (2 units, any combination)
    • Built In 1899
    • 1 Building
    • 1,800 sqft
    • Stories: 2 story
    • Construction: Frame
    • Lot Size: 2,000 sqft
    • 2 Units
    • County: Kings
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Additional Costs For 701 Lafayette Ave


Property Taxes and Assessment of 701 Lafayette Ave


Land
Improvement
Total
$3,788
+
$6,689
=
$10,477
Land
Improvement
Total
$248,000
+
$438,000
=
$686,000
Year Tax Assessment Market
2016 $2,049 $10,477  $686,000 
Source: Public Records

Price History & Trends


Price History for 701 Lafayette Ave


Date Event Price Source Agents
12/10/2015 Sold view detail $1,200,000 Public records Public records  
  • Recording Date
    12/10/2015
  • Contract Date
    12/04/2015
  • Sale Price
    $1,200,000
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed
10/08/2014 Sold view detail $380,000 Public records Public records  
  • Recording Date
    10/08/2014
  • Contract Date
    09/09/2014
  • Sale Price
    $380,000
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed
11/12/2012 Sold view detail $315,000 Public records Public records  
  • Recording Date
    11/12/2012
  • Sale Price
    $315,000
01/21/2009 Sold view detail $550,000 Public records Public records  
  • Recording Date
    01/21/2009
  • Contract Date
    10/17/2008
  • Sale Price
    $550,000
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Deed

Real Estate Trends in this area

Median sale price for all homes in this area $785,000 0% below listing price

Sold Homes near 701 Lafayette Ave


Address Distance Property Type Sold price Sold date Bed Bath Sqft
163 Stuyvesant Ave, Brooklyn NY 0.64 Multi-Family $1,400,000 04/27/17 - - 2,520
224 Richardson St, Brooklyn NY 1.94 Multi-Family $1,231,132 04/25/17 - - 3,717
1095 Park Pl, Brooklyn NY 1.23 Multi-Family $1,350,000 04/24/17 - - 3,290
789 E 21st St, Brooklyn NY 3.95 Multi-Family $1,125,000 04/26/17 - - 2,102
6715 73rd Pl, Queens NY 3.76 Multi-Family $1,142,500 05/08/17 - - 2,800
86 Bleecker St, Brooklyn NY 1.27 Multi-Family $1,200,000 04/27/17 - - 2,001
317 55th St, Brooklyn NY 4.93 Multi-Family $990,000 04/24/17 - - 2,082
376 Bond St, Brooklyn NY 2.57 Multi-Family $1,410,000 05/09/17 - - 3,300
3904 49th St, Long Island City NY 4.31 Multi-Family $1,540,000 05/08/17 - - 2,125
572 E 7th St, Brooklyn NY 3.93 Multi-Family $940,000 05/01/17 - - 1,854