542 Lafayette Avenue

Bedford Stuyvesant   |   Bedford Avenue & Nostrand Avenue

Building for sale
$ 1,850,000
Ownership Multi-Family
Lot Size 23'x100'
Floors/Apts 4/3
Status Active
Real Estate Taxes [Per Annum] $ 2,749
Building Type Townhouse
Building Size 20'x56'
Year Built 1899
ASF/ASM 2,714/252
Listing ID: 62094TH

Jason Bauer

License

Manager, Lic. Associate RE Broker

Request More Information

Property Description

This three family townhouse is located in Bedford-Stuyvesant only few blocks away from Clinton Hill. Nestled on Lafayette Avenue between Bedford & Nostrand Ave you will be hard pressed to a find a more convenient location. Enjoy plenty of original detail which is always aesthetically appealing. This is an ideal property for an end user looking to supplement their mortgage with the two rental units while enjoying an owner’s duplex and the building will be deliver fully VACANT. The rental units are a three bedroom and one bedroom with eat in kitchen both of which command top market rents. Currently the building sits on 23 feet x 100 feet lot with 2,324 sq/ft with additional 708 sq/ft in basement that has private entrance, high ceilings and full bathroom. Additional 2000+ of square feet to be built bringing the potential total square footage to approximately 4,600. The zoning is R6B & the FAR is 2. This property can easily be converted to a 4 family and could be a turnkey income producing property once the FAR is realized. G train is on the corner and many of the top restaurants & bars in Brooklyn, also close to Pratt Institute.
This three family townhouse is located in Bedford-Stuyvesant only few blocks away from Clinton Hill. Nestled on Lafayette Avenue between Bedford & Nostrand Ave you will be hard pressed to a find a more convenient location. Enjoy plenty of original detail which is always aesthetically appealing. This is an ideal property for an end user looking to supplement their mortgage with the two rental units while enjoying an owner’s duplex and the building will be deliver fully VACANT. The rental units are a three bedroom and one bedroom with eat in kitchen both of which command top market rents. Currently the building sits on 23 feet x 100 feet lot with 2,324 sq/ft with additional 708 sq/ft in basement that has private entrance, high ceilings and full bathroom. Additional 2000+ of square feet to be built bringing the potential total square footage to approximately 4,600. The zoning is R6B & the FAR is 2. This property can easily be converted to a 4 family and could be a turnkey income producing property once the FAR is realized. G train is on the corner and many of the top restaurants & bars in Brooklyn, also close to Pratt Institute.

Listing Courtesy of R New York

Care to take a look at this property?

Apartment Features

A/C
542 Lafayette Avenue Bedford Stuyvesant Brooklyn NY 11205

Building Details [542 Lafayette Avenue]

Ownership Multi-Family
Service Level Voice Intercom
Access Walk-up
Block/Lot 1788/30
Building Size 20'x56'
Zoning R6B
Building Type Townhouse
Year Built 1899
Floors/Apts 4/3
Lot Size 23'x100'

Building Amenities

Gated Entry
Stoop Entry

Mortgage Calculator in [US Dollars]

$
%
$
%

Loan Amount

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2020 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.