See Home Value
$1,402,248*
Multifamily - Off Market

1115 Lafayette Avenue

Brooklyn, NY 11221
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2280 Sqft
$1,215,000 - $1,485,000
Reference Base Price*
3.87%
Since May 1, 2023
NY-New York
Primary Model

About This Property

SHOWINGS BY APPT ONLY!  Located on the boarder of Bedford-Stuyvesant & Bushwick is this solid brick neo-classic three story, two-family property that measures per DOB records 19.5' x 45' on 19.5' x 100' lot. Bushwick has a hip and vibrant vibe and is a very convenient location that's less than a block from the J & M trains, City Buses, Williamsburg Bridge, Jackie Robinson Parkway and easy commute to JFK & LaGuardia airports. A quick bike ride down Broadway and you're in Williamsburg and at the Domino Park Waterfront or one block and you're in Bed-Stuy. This location is literally a stone's throw to public transportation, shopping, nightlife, restaurants, cafe's, banks, post office and lot's of other conveniences including Citibikes just one block away at Van Buren & Broadway. There area has several new developed properties on the block. This home is setup with a spacious 3 bedroom owner's duplex on the parlor and garden levels plus has a nicely finished basement with a full bathroom. The owner's unit has 3 bedrooms, living room, brick wall fireplace, huge eat-in kitchen with stainless steel appliances, and a full bathroom. PLUS! there's a spacious finished extension room off kitchen that doubles as a recreation & laundry room with direct access to the fenced in backyard oasis. Great for entertaining!  This room could also work as a home office, exercise room, play room or podcast room, and so could the finished basement.  So there's plenty of room to redesign and grow in this property! Then, earn some income from the top floor rental unit that offers one large bedroom, living room with an original fireplace, built-in closet, an alcove that can be used as an office space, full kitchen and full bathroom. With an update the top floor could possibly rent between $2,500 - $2,800/mo. and the duplex plus extension, basement and outdoor space could possibly rent between $4,200 - 4,500/mo. This home has some lovely original details starting with the exterior original ornate metal staircase railings and cornice, double entry doors with transform, brass door knobs, plaster moldings, two fireplaces, and ceiling medallions. The main vestibule also has a set of double doors that open to a beautiful staircase with original bolsters that lead to the top floor with a multi-colored stain glass skylight. This property is very well cared for. Property is occupied but will be delivered vacant. Use as a full investment property renting out both units or as your home with one rental unit. There's a lot of room to build equity for an end user. And, the taxes are incredibly low @ $2,178 (2021-2022). That alone is a good reason to buy this home. The savvy buyer will be saving money and making money from day one! Don't delay!

The manager has listed the unit size as 2280 square feet.
Unit Size
2,280Ft²
Days on Market
-
Land Size
-
Price per sqft
$592
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1915

Price History

Date / Event Date Event Price
Oct 24, 2023 Sold to Alexander Smith $1,325,000
Sold to Alexander Smith
Apr 9, 2023 No longer available -
No longer available
Feb 22, 2023 Relisted $1,350,000
Relisted
Dec 31, 2022 No longer available -
No longer available
Sep 19, 2022 Relisted $1,350,000
Relisted
Show More

Property Highlights

Garage


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
3 Baths
2,295 ft²
$560/ft²
$1,285,000 Nov 7, 2022
$1,285,000 Mar 27, 2023
-
Multifamily
4 Beds
4 Baths
2,480 ft²
$563/ft²
$1,395,000 Mar 9, 2021
$1,395,000 Jun 18, 2021
-
Multifamily
4 Beds
2 Baths
2,700 ft²
$444/ft²
$1,199,000 Dec 11, 2015
$1,199,000 May 2, 2016
-
Townhouse
4 Beds
3 Baths
2,133 ft²
$586/ft²
$1,250,000 Sep 16, 2020
$1,250,000 Nov 23, 2020
-
Multifamily
5 Beds
4 Baths
2,142 ft²
$630/ft²
$1,349,000 Sep 23, 2016
$1,349,000 Mar 27, 2017
-
Multifamily
5 Beds
2 Baths
2,430 ft²
$576/ft²
$1,400,000 Jul 7, 2021
$1,400,000 Nov 12, 2021
-
Multifamily
4 Beds
5 Baths
2,400 ft²
$625/ft²
$1,499,000 Mar 15, 2021
-
-
Townhouse
4 Beds
2 Baths
2,520 ft²
$595/ft²
$1,499,000 Oct 24, 2023
-
$2,047/mo
4 Beds
3.5 Baths
1,920 ft²
$727/ft²
$1,395,000 Aug 13, 2015
-
$116/mo
Townhouse
4 Beds
4 Baths
1,821 ft²
$673/ft²
$1,225,000 Jun 20, 2023
-
-
Multifamily
3 Beds
3 Baths
2,146 ft²
$722/ft²
$1,549,000 Nov 12, 2022
-
-
Multifamily
5 Beds
3 Baths
2,928 ft²
$427/ft²
$1,250,000 Sep 28, 2023
-
$586/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230706
07/06/2023
5 Bed
3 Bath
-
$1,350,000
bedrooms
5 Bed
bathrooms
3 Bath
$1,325,000 -1.85%
10/24/2023
James Russo
Keller Williams Realty Greater
20220401
04/01/2022
Studio
3 Bath
2280 ft²
$1,699,999
bedrooms
Studio
bathrooms
3 Bath
square feet
2280 ft²
-
-
-
Gloria Sandiford
FLATEAU REALTY CORP

Building Info

1115 Lafayette Avenue 1115 Lafayette Avenue, Brooklyn, NY 11221
  • 2 Units
More about this Building
1115 Lafayette Avenue
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About Northern Brooklyn


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