728 Lafayette Avenue # Building Brooklyn, NY $ 1,650,000
728 Lafayette Avenue # Building
$ 1,650,000
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728 Lafayette Avenue # Building

Brooklyn, NY, 11216
$ 1,650,000
Baths0.0 Sq 3,431

Monthly Estimate*

$ 10,966

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Studio

Townhouse for sale in Brooklyn, NY

for $1,650,000. This 3,431 square foot townhouse was built in 2008.

Prime Brooklyn Investment Opportunity; Modern, Fully-Occupied 3-Unit Building with Over 5% Cap Rate & Depreciation Benefits.Invest in an exceptional, fully-occupied 3-unit modern building in the heart of Bedford Stuyvesant neighborhood in Brooklyn. 728 Lafayette Avenue boasts a unique design, robust cap rate, and depreciation benefits, making it an ideal choice for investors.The structure is made of glass and steel panels, setting it apart from traditional brick and Brownstone homes in the area. The prime location, the unique architecture and modern amenities, make this property an attractive investment. Each of the three apartments offers an open floor concept, central HVAC, recessed LED lighting, hardwood flooring, and fully equipped kitchens with marble countertops.Currently the property is fully-occupied, the second and third-floor one-bedroom units, along with the first-floor two-bedroom duplex, generate a lucrative cap rate of over 5%. The thriving Bedford Stuyvesant rental market and increasing demand ensure a great upside for investors.One of the advantage of this investment is the opportunity to leverage depreciation, allowing investors to offset a portion of the rental income, reduce taxable income, and potentially save on taxes. The property also features the rare luxury of one dedicated parking space, adding significant value. The modern amenities and finishes ensure low maintenance costs. Everyone pays for their gas, heating and electrical consumption.Priced at $1,650,000, this investment opportunity is within close proximity to public transportation, renowned restaurants, and essential services, making it a top choice for tenants in Bedford Stuyvesant.Don't miss out on this extraordinary opportunity to invest in a unique, income-generating property in a prime Brooklyn location. To learn more about the financial details and growth prospects of 728 Lafayette Avenue, including the advantages of depreciation and the strong cap rate, please reach out to schedule a viewing or discuss further.

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Townhouse Pending

Price

$ 1,650,000

Bedrooms

Studio

Property Type

Townhouse

Taxes

$ 9,581

Style

WalkUp

Year Built

2008

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

OLRS00010028749

Features
General
Cooling CentralAir
Zoning R6B
Architectural Style WalkUp
Pets Allowed BuildingYes Yes
Year Built 2008
Unit Number Building
Property SubType Townhouse
County Kings
New Construction No
Property Type Residential
Subdivision Name Bedford Stuyvesant
Garage Y/N No
Total Rooms 7
City NewYorkCity
Total Units 0
Street Name Lafayette
Tax Annual Amount 9581.0
Water Sewer Expense 0.0
Structure Type MultiFamily Townhouse
Building Area Units SquareFeet
Standard Status Pending
Tax Lot 23
Expected Active Date 2023-04-18
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Exterior
Lot Size Area 1800.0
Building Area Total 3431.0
Lot Dimensions 18.00 x 100.00
Lot Size Units SquareFeet
Foundation Area 0.0
Other Equipment Intercom
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Interior
Total Stories 3
Air Conditioning Y/N Yes
Full Baths 0
Half Baths 0
Street Suffix Avenue
Laundry Features SeeRemarks
Total Bedrooms 0
Total Baths 0
Living Area Units SquareFeet
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* Excluded Features
List By
ALAIN DASYLVEIRA

Listing Agent

Exp Realty Nyc

Broker

(347) 992-6533

Phone

Affordability Calculator

$11,765
Per Month
93%
7%
0%
Monthly Principal & Interest
$10,966
Monthly Property Taxes
$798
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1503813 Elementary School
1503814 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/19/2023$1,650,000 Listed Price

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728 Lafayette Avenue # Building, Brooklyn, NY, 11216 is a Townhouse for sale at $1,650,000 with 3,431 sqft. 728 Lafayette Avenue # Building is a studio with 0.0 baths and was built in 2008. The property's zip code is 11216 which is in Brooklyn, NY