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  • $3,698,000

    571 Lafayette Ave, Brooklyn, NY 11205

    7beds
    --sqft
    Multi Family
    Built in 2019
    -- sqft lot
    $3,704,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Central airIndividual hot water heatersPrivate storagePrivate outdoor spaceUpdated finishes
    A rare chance to acquire a fully leased, income-generating multifamily property on the vibrant border of Bedford-Stuyvesant and Clinton Hill, two of Brooklyn’s most desirable and fast-growing neighborhoods. Just minutes from the Bedford-Nostrand G train, 571 Lafayette Avenue offers strong connectivity to Downtown Brooklyn, Williamsburg, and Manhattan. Built from the ground up in 2019, this modern 6-unit walk-up was thoughtfully designed for long-term performance and low maintenance. The premium unit mix includes five 1-bedroom apartments and one 2-bedroom apartment, each featuring: central air, updated finishes, private storage, individual hot water heaters and mechanicals. Select units enjoy private outdoor space. This fully occupied property is leased at market rents, generating $198,540 in annual income, with a pro forma cap rate of approximately 5%. Located in a Qualified Opportunity Zone, this asset presents significant tax advantages and long-term upside in one of Brooklyn’s most stable rental markets. Surrounded by neighborhood favorites—cafés, parks, restaurants, and cultural landmarks, 571 Lafayette Avenue offers the perfect combination of lifestyle appeal and investment performance.
    4 days
    on Zillow
    |
    216
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 16, 2025 at 10:30am

    Listing by:

    Sotheby's International Realty 718-866-4897,

    Natalia Correa

    Source: StreetEasy,MLS#: S1774417
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 571 Lafayette Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    • Full bathrooms: 6
    Rooms
    • Room types: Bike Room
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher
    • Laundry: Inside
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 0

    Property

    Features
    • Patio & porch: Terrace, Other
    • Exterior features: Courtyard, Balcony, Garden, Terrace
    Details
    • Parcel number: 017830059
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 2019

    Community & HOA

    Community
    • Subdivision: Bedford-Stuyvesant
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry
    • Services included: Maintenance
    Location
    • Region: Brooklyn

    Financial & listing details

    • Tax assessed value: $911,000
    • Annual tax amount: $8,691
    • Date on market: 6/16/2025
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