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557 Lafayette Avenue

557 Lafayette Avenue, Brooklyn, NY 11205
Nearby Listings
The property has no active listings. Please see other similar options below.
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542 Lafayette Avenue, Bedford-Stuyvesant, NY 11205 Listing by Jaroslaw Kaszuba

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557 Lafayette Avenue is a condo located in Bedford-Stuyvesant, Brooklyn. The building was first built in 2009 and is 15 years old. The lot that the building was built on is 19 feet wide and 100 feet long. The official lot area is listed as 1,875 square feet. The building itself is 19 feet wide and 55 feet long. In total, 557 Lafayette Avenue has a total floor area of 4,216 square feet. Of that, 4,216 square feet are used for residential purposes. There are a total of 6 units. Of those, 6 are residential units. There are no commercial units in this building. 557 Lafayette Avenue has a total of 4 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 21 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 122 days and tend to sell below the original asking price of $657,000 by 12.07%. Meaning, listings tend to sell at a median of $888 price per square foot. The transaction that took the longest to complete was unit 2A, listed on Jan 11, 2019 for $489,000. This particular unit ultimately sold 215 days later for $430,000. The most recent transaction was for unit 2A, sold for $10 on Jan 03, 2023. Fun fact, the oldest transaction we have on record took place on Jan 08, 1968. See the full transaction history for 557 Lafayette Avenue below.

Bedford-Stuyvesant, where 557 Lafayette Avenue is located, has a median asking price of $1,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $657,000. For interested buyers, that means the building's median asking price is around 0.40% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Outdoor Space

Garden

Pet Policy

Dogs Allowed / Cats Allowed

Condition

New Construction

Laundry

Washer / Dryer Allowed
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210429 Unit 1A
04/29/2021
1A
2 Bed
2 Bath
1290 ft²
$1,095,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1290 ft²
$1,095,000
08/10/2021
Aran Scott
Douglas Elliman Real Estate
20190111 Unit 2A
01/11/2019
2A
Studio
1 Bath
500 ft²
$489,000
bedrooms
Studio
bathrooms
1 Bath
square feet
500 ft²
$430,000 -12.07%
08/15/2019
Joseph Lombardo
Lombardo Homes & Estates
20150904 Unit 1A
09/04/2015
1A
1 Bed
1 Bath
1290 ft²
$845,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1290 ft²
$845,000
11/30/2015
Anthony Williams
IVEY NORTH LLC

Building Info

Overview

    General

  • Year Built: 2009
  • Building Count: 1
  • Floor Count: 4
  • Total Unit Count: 6
  • Residential Unit Count: 6
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 1,875
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 19
  • Building Depth: 55
  • Building Frontage: 19
  • Gross Building Area: 4,216

    Building Floor Area

  • Residential Building Floor Area: 4,216

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: R1
  • Lot Type: 0
  • Land Use: 02
  • Irregular Lot Code: N

Neighborhood

  • Community District: 303
  • City Council District: 36
  • Police Precinct: 79
  • Fire Company: L102
  • Health Area: 1410
  • Sanitation District Borough: 3
  • Sanitation Subsection: 2A
  • School District: 13

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6B

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1783
  • Lot: 7502
  • Borough Block Lot: 3017837502

    Address

  • Full Address: 557 Lafayette Avenue
  • Condominium Number: 2792
  • Zip Code: 11205

Valuation

    Assessments Valuation

  • Assessed Total Value: $222,481
  • Assessed Land Value: $84,601

    Exemptions

  • Exempt Total Value: $220,895
  • Exempt Land Value: $0

About Northern Brooklyn



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Frequently Asked Questions

What neighborhood is 557 Lafayette Avenue located in?
The 557 Lafayette Avenue is a condo located in the neighborhood of Bedford-Stuyvesant in Northern Brooklyn, Brooklyn.
What is the average sales price for listings in 557 Lafayette Avenue?
The average sales price for units in 557 Lafayette Avenue is $657,000 , or $888/sqft. currently.

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