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Off market
  • $2,565,800

    538 Lafayette Ave, Brooklyn, NY 11205

    6beds
    4,400sqft
    MultiFamily
    Built in 1901
    -- sqft lot
    $2,565,800 Zestimate®
    $583/sqft
    $4,859 Estimated rent

    Home value

    $2,565,800

    $2.21M - $2.98M

    $4,859/mo

    Zestimate® history
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    Owner options

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    $4,859/mo

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    $4,859/mo

    Rent Zestimate®

    Refinance and save

    $15,513/mo

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    $15,513/mo

    Est. payment

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    What's special

    SHOWINGS ARE ON HOLD, OFFER HAS BEEN ACCEPTED. 538 Lafayette stands tall on a Brooklyn block bordering the highly desired and historic neighborhoods of BedStuy & 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 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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Interior area
    • Total interior livable area: 4,400 sqft

    Property

    Lot
    • Size: 1,850 Square Feet
    Details
    • Parcel number: 017880028

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1901

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $583/sqft
    • Tax assessed value: $2,122,000
    • Annual tax amount: $3,405

    Price history

    DateEventPrice
    7/19/2021Sold$1,700,000+3%$386/sqft
    Source: Public Record Report a problem
    2/28/2021Pending sale$1,650,000$375/sqft
    Source: Corcoran Report a problem
    1/5/2021Listed for sale$1,650,000+192%$375/sqft
    Source: Corcoran Report a problem
    9/10/2015Listing removed$1,799
    Source: Bargain Apartments Report a problem
    8/31/2015Price change$1,799-10%
    Source: Bargain Apartments Report a problem
    8/16/2015Listed for rent$1,999
    Source: Bargain Apartments Report a problem
    3/11/2005Sold$565,000$128/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,405 +4.7%$127,320 +4.6%
    2024$3,252 $121,740 -1.2%
    2023-- $123,240 +7.6%
    2022-- $114,540 +3.1%
    2021-- $111,060 +15.5%
    2020$2,731 +6.7%$96,120 +25.7%
    2019$2,560 -4%$76,440 +499.7%
    2018$2,666 +2.6%$12,746
    2017$2,598 +26.8%$12,746 +5.9%
    2016$2,049 $12,031 +1%
    2015$2,049 +66.5%$11,917 +6%
    2014$1,231 $11,244 +5.9%
    2013-- $10,622
    2012-- $10,622 +5.9%
    2011-- $10,026 +1%
    2010-- $9,931 +6%
    2009-- $9,370 +5.9%
    2008-- $8,852
    2007-- $8,852 +5.9%
    2006-- $8,355 +1%
    2005-- $8,276 +6%
    2004-- $7,809 +5.9%
    2003-- $7,377
    2002-- $7,377 +5.9%
    2001-- $6,963 +1%
    2000-- $6,897
    Find assessor info on the county website

    Neighborhood: Bedford-Stuyvesant

    Nearby schools

    GreatSchools rating