NOT LISTED FOR SALE

Estimated Value: $2,021,000 - $3,505,000

8 Beds
4 Baths
3,200 Sq Ft
$875/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $2,150,000 $672 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $15,568/month

237 Days on Market

Highlights

  • Central Air
  • 3-minute walk to Bedford-Nostrand Avenues
  • 1-minute walk to Lafayette Gardens Playground

About This Home

As of May 2024

453 Lafayette Ave Now Offering a Mortgage Buydown Paid By The Seller!

Find out how qualified buyers can get a mortgage as low as 5% with a 3-2-1 Mortgage Buydown paid for by the seller!

Contact Us to find out more!

Welcome to 453 Lafayette, a renovated legal 3-family townhouse located in a prime location within the heart of Brooklyn and at the crossing of the borough's most vibrant and culturally rich neighborhoods. This well-kept, income-producing, three-story gem is situated along the highly sought-after Lafayette Avenue corridor at the nexus of Clinton Hill and Bedford Stuyvesant.

Sitting on a 19 ft wide by 80 ft long lot, this 8-bedroom, 4-bathroom townhouse boasts an impressive blend of modern conveniences with touches of authentic Brooklyn charm - mirroring the thriving area that its located in. The pride of the current ownership shows throughout this well-maintained multi-family home which offers a total of 3 apartments, a cellar, and a spacious backyard.

The home encompasses two 2-bedroom/1-bath apartments that sit over a spacious 4-bedroom/2-bath duplex that spans the parlor floor & garden level. The duplex offers two separate entrances, a laundry room with washer/dryer, along with a mud room that leads out to the expansive private backyard, which can accommodate multiple seating areas, ideal for entertaining and enjoyment of the outdoors.

This income producing townhouse has endless possibilities and can be delivered vacant upon request. Whether you envision creating a large single-family-home for yourself -OR- setting it up as a spacious owner's duplex with two profitable floor-through apartments above -OR- renting all 3 units for investment purposes (monthly taxes for the building are $871.50 and renters are currently paying market rate rents with room for growth,) the options are all feasible.

Renters easily gravitate to this serene living option that is conveniently located close to transportation, cafes, restaurants, shopping and several colleges, including Pratt University, St Joseph College and LIU's Brooklyn campus. The apartments' highlights include large sunny windows, updated bathrooms, good closet space, hardwood floors throughout, and attractive livable layouts. Each unit has central a/c and an in-unit thermostat.

This home is perfect for those seeking a balance of residential serenity and city accessibility. Easy access to Fort Greene Park, Brooklyn Navy Yard, Barclays Center, BAM and Atlantic Center, with an array of transportation options, including the C & S trains only a few minutes away plus the G Subway entrance on the same block!

Finding a legal 3-family residence, boasting 3,200 square feet of living space with the possibly of being delivered vacant in excellent condition are rare and hard to find.

Your opportunity awaits!

Last Agent to Sell the Property

Renee Miller

Brown Harris Stevens Brooklyn LLC License #10401272373 Listed on: 09/06/2023

Brown Harris Stevens Brooklyn LLC

Co-Listed By

Jeffrey Zoldan

Brown Harris Stevens Brooklyn LLC License #10301210160

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,464

Year Built

  • Built in 1901

Lot Details

  • 1,520 Sq Ft Lot
  • Lot Dimensions are 80.00x19.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,200 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 0051 / 01941

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,464

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Fireplace: No
  • Living Area: 3200.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 8

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building In Basement
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1520.0
  • Lot Size Dimensions: 80.00x19.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 4
  • Year Built: 1901

Tax Info

  • Tax Block: 01941
  • Tax Lot: 0051
  • Tax Annual: 10464.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
May 2, 2024
Sold by
671 Decatur Llc
Bought by
Fried Eliezer
Seller's Agent
Renee Miller
Brown Harris Stevens Brooklyn LLC
List Price
$2,499,000
Sold Price
$2,150,000
Premium/Discount to List
-$349,000
-13.97%
Views
42
Current Estimated Value
$2,800,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,344
Avg. Annual Appreciation
19.70%
Original Mortgage
$1,829,600
Outstanding Balance
$1,803,503
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$996,841

Purchase Details

Closed on
May 29, 2007
Sold by
Lafayette Capital Corp
Bought by
671 Decatur Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2005
Sold by
Federal National Mortgage Association
Bought by
Lafayette Capital Corp

Purchase Details

Closed on
Jan 24, 2005
Sold by
Pizzuto Referee Vincent
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 14, 2003
Sold by
Gertner Yitta
Bought by
Silpa Debbie
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fried Eliezer $2,287,000 --
Fried Eliezer $2,287,000 --
671 Decatur Llc $1,075,000 --
671 Decatur Llc $1,075,000 --
Lafayette Capital Corp $470,000 --
Lafayette Capital Corp $470,000 --
Federal National Mortgage Association $1,000 --
Federal National Mortgage Association $1,000 --
Silpa Debbie -- --
Silpa Debbie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fried Eliezer $1,829,600
Closed Fried Eliezer $1,829,600
Previous Owner 671 Decatur Llc $860,000
Closed Silpa Debbie $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2024 05/08/24 Sold $2,150,000 -8.5% $672 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
09/07/2023 09/07/23 Price Changed $2,350,000 -6.0% $734 / Sq Ft
09/06/2023 09/06/23 Price Changed $2,499,000 0.0% $781 / Sq Ft
09/06/2023 09/06/23 For Sale $2,499,000 +16.2% $781 / Sq Ft
09/01/2023 09/01/23 Off Market $2,150,000 -- --
07/11/2023 07/11/23 Price Changed $2,570,000 -4.8% $803 / Sq Ft
04/26/2023 04/26/23 For Sale $2,700,000 -- $844 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,586 $165,720 $11,880 $153,840
2024 $10,586 $138,540 $11,880 $126,660
2023 $10,458 $136,440 $11,880 $124,560
2022 $10,280 $116,100 $11,880 $104,220
2021 $10,385 $106,740 $11,880 $94,860
2020 $4,870 $112,380 $11,880 $100,500
2019 $9,188 $89,340 $11,880 $77,460
2018 $8,748 $42,912 $5,946 $36,966
2017 $8,748 $42,912 $8,354 $34,558
2016 $8,221 $41,123 $9,128 $31,995
2015 $5,132 $38,796 $8,745 $30,051
2014 $5,132 $36,600 $9,900 $26,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10956834

Real Estate Board of New York (REBNY)

APN: 01941-0051