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Listing Courtesy of Corcoran Group
$ 2,150,000
Est. payment /mo
Pending
719 LAFAYETTE Avenue Brooklyn, NY 11221
8 Beds
4 Baths
3,005 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,005 sqft
Price per Sqft $715
Subdivision Bedford-Stuyvesant
MLS Listing ID RLS11029851
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1899
Annual Tax Amount $3,060
Property Sub-Type Multi Family
Property Description
A truly unique Bed-Stuy opportunity perfect for an end-use needing INDOOR parking, an art or music studio or woodworking shop, and a huge living space with rental income; or an investor looking for a great return! This extra-large freestanding townhouse, steps from Herbert Von King Park, Lincoln Market, the Bedford/Nostrand G train, and all of the amazing amenities on Bedford and Nostrand Avenues. This home promises a convenient location and a house with incredible potential both today, and well into the future. Enjoy a fanciful compound in Brooklyn's most culturally dynamic neighborhood for the price of a 2-bedroom condo with monthly taxes of only $255, and no common charges! Tenants are separately metered and pay their own heat, electric, and gas too.
Built out 20' wide and 60' deep on 27' wide lot, with three exposures on three floors, plus a renovated recreation room, AND a PRIVATE GARAGE with indoor parking for TWO cars and a shared driveway, this is a truly special opportunity. Use the garage for parking 2 cars and additional storage, OR create an art studio or guest house built 20' wide x 15' deep, and increase your rental income, or custom build a space for all of your creative needs. The possibilities are endlessly exciting and appeal to end users, artists, work-from-home residents, investors, and families alike.
Delivered vacant, this home has been renovated perfectly for tenants and owners, and includes a first floor/basement duplex with 3 beds, 1 bath, a recreation room, laundry, and garden (prior rent $4500/month). The upper duplex is a rare gem with 5 bedrooms, 3 full bathrooms, 2 skylights, easy staircase access for a roofdeck, laundry, and incredible light (prior rent $6500/month). Both units enjoy three full exposures, and include renovated kitchens and baths. A charming front porch welcomes you to greet your neighbors and container garden to your heart's content. Kitchens in both units include black granite countertops and stainless-steel appliances. Hardwood floors, high-ceilings, and individual gas boilers and hot water heaters make living easy.
Take the super sunny upper duplex and garage for yourself, and rent out the ground floor and pay all of your bills AND make a profit. Or, take the entire house for yourself and live large. The shared driveway allows easy access to the yard for either and/or both tenants, another way to increase your quality of living OR your rental income. While this home may not have the historic details of some of the neighboring homes, it more than makes up for this with its grand proportions, three exposures, and ability to move right in. A paint job and a few cosmetic upgrades promise a quality of life and convenience you could never have ever dreamed of, in a neighborhood that hasn't even begun to realize its true potential. Head in any direction and you have the added delights of Williamsburg and Bushwick also easily at your disposal.
Book a showing today. Currently vacant and delivered vacant with a projected rent-roll of $11,000 month without even lifting a finger (and absurdly low taxes), this makes a great 1031 exchange opportunity as well.
Built out 20' wide and 60' deep on 27' wide lot, with three exposures on three floors, plus a renovated recreation room, AND a PRIVATE GARAGE with indoor parking for TWO cars and a shared driveway, this is a truly special opportunity. Use the garage for parking 2 cars and additional storage, OR create an art studio or guest house built 20' wide x 15' deep, and increase your rental income, or custom build a space for all of your creative needs. The possibilities are endlessly exciting and appeal to end users, artists, work-from-home residents, investors, and families alike.
Delivered vacant, this home has been renovated perfectly for tenants and owners, and includes a first floor/basement duplex with 3 beds, 1 bath, a recreation room, laundry, and garden (prior rent $4500/month). The upper duplex is a rare gem with 5 bedrooms, 3 full bathrooms, 2 skylights, easy staircase access for a roofdeck, laundry, and incredible light (prior rent $6500/month). Both units enjoy three full exposures, and include renovated kitchens and baths. A charming front porch welcomes you to greet your neighbors and container garden to your heart's content. Kitchens in both units include black granite countertops and stainless-steel appliances. Hardwood floors, high-ceilings, and individual gas boilers and hot water heaters make living easy.
Take the super sunny upper duplex and garage for yourself, and rent out the ground floor and pay all of your bills AND make a profit. Or, take the entire house for yourself and live large. The shared driveway allows easy access to the yard for either and/or both tenants, another way to increase your quality of living OR your rental income. While this home may not have the historic details of some of the neighboring homes, it more than makes up for this with its grand proportions, three exposures, and ability to move right in. A paint job and a few cosmetic upgrades promise a quality of life and convenience you could never have ever dreamed of, in a neighborhood that hasn't even begun to realize its true potential. Head in any direction and you have the added delights of Williamsburg and Bushwick also easily at your disposal.
Book a showing today. Currently vacant and delivered vacant with a projected rent-roll of $11,000 month without even lifting a finger (and absurdly low taxes), this makes a great 1031 exchange opportunity as well.
Location
State NY
County Kings
Rooms
Basement Other
Interior
Interior Features Smoke Free
Fireplace No
Appliance Washer Dryer Allowed
Laundry Building Other, Washer Hookup, In Unit
Exterior
Exterior Feature PrivateOutdoorSpaceUnder60Sqft
View Y/N No
View Other
Porch Terrace
Private Pool No
Building
Dwelling Type Townhouse
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $255
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by Renee Lee