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538 Lafayette Ave., Brooklyn, NY 11205

Active Listing
Listing Details:
$1,650,000 Price
Multi-Family Townhouse Property Type
Bed Stuy Neighborhood
6 Beds
3 Baths
-- Approx. Sq. Ft.
$227 RET
Key Features:
Allows Pets
Unit Garden

538 Lafayette stands tall on a Brooklyn block bordering the highly desired and historic neighborhoods of Bed Stuy & Clinton Hill. This home features a beautiful owner's duplex with a garden, and two rental properties above. In addition, the full basement makes for perfect storage space, and has the potential to be finished. Originally built in 1901, this three-family home has many of the beautiful original details still intact, such as hardwood flooring, claw-foot bathtubs, and ornate plaster medallions, throughout. The parlor level features high ceilings and beautiful natural light that fills each room from sunrise to sundown. The owner's duplex occupies the first two floors and is currently configured as a 2 bedroom / 1 bath, with a south-facing backyard. Laundry is located on the first floor, off of the master bedroom. The second floor apartment is home to a 2 bedroom / 1 bath and is currently vacant and on the market for $2,400. The third floor is nearly identical to the second, and the current monthly rent is under market at $2,269. All three apartments are in good condition, with no major updating necessary. This is the perfect opportunity for both experienced and first time investors. Create the home of your dreams where small renovations and cosmetic updates, would go a long way. 538 Lafayette is in close proximity to Fort Greene Park and well-known restaurants located along Dekalb Avenue. The location offers convenience, accessibility, and is home to some local favorites such as, Clementine Bakery, Pilar Cuban Eatery, and Greenberg Bagels. The neighborhood amenities offered along both Bedford and Nostrand Avenues are rich with choices, and just around the corner in either direction. This neighborhood is very diverse and vibrant with easy access around town with the G train less than a block away. All open houses are by appointment only and appointments will only be scheduled with proper COVID and Disclosures signed prior.

Listing courtesy of The Corcoran Group

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