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.
Active
$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
- 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
Tour with a buyer’s agent
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
- Loading
- Loading