NOT LISTED FOR SALE

541 Lafayette Ave Unit 1 Brooklyn, NY 11205

Bed-Stuy Neighborhood

Estimated Value: $850,000 - $2,088,000

2 Beds
2 Baths
2,059 Sq Ft
$663/mo HOA Fee

Last Sold October 05, 2021

Last sale price $1,425,000 $692 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,641/month

19 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to Bedford-Nostrand Avenues
  • Eat-In Kitchen
  • Terrace
  • Den
  • 4-minute walk to Banneker Playground

About This Home

As of October 2021

541 Lafayette Avenue is a brand-new boutique condominium building on the Clinton Hill / Bedford Stuyvesant border, featuring three enormous units, each with private outdoor space.

Unit #1 is a two bedroom, two bathroom duplex home with over 2,000 square feet of living space, a PRIVATE backyard and a bistro terrace! Enjoy central heat and air plus an in unit washer & dryer.



The kitchen offers floor to ceiling cabinetry, full size appliances including a 36? Bertazzoni gas stove, 36" Liebherr fridge, Whirlpool Microwave, and a Bosch dishwasher. The large counter space doubles as a breakfast bar.

The living space provides flexible layout options: through large French doors, an extension of the living room could be incorporated into or kept separate as a home office or media room. A charming balcony off the living room provides fresh air and space for a bistro table.



The primary bedroom is generously sized for a king-sized bed and has a windowed en-suite bathroom with luxurious rain showerhead and double vanities. Step right out into your very own backyard, with a brand new fence and fresh landscaping!



The second bedroom has double exposures and comfortably fits a Queen size bed.



A short flight of Interior stairs leads to the finished, 845 sq foot bonus space. Use it as a movie theater, office, or play room!

Located on the same block as the G train at Bedford-Nostrand Avenues and not far from the A & C trains at Nostrand Avenue, 541 Lafayette Avenue is near many incredible amenities including Samurai Papi, Lucha Lucha, Pilar Cuban Eatery, Black Swan, the Kosciuszko Pool, the Bedstuy YMCA, and more!

The complete offering terms are in an offering plan available from the sponsor. File # CD19-0272 .

Last Agent to Sell the Property

Daniel Cohen

Corcoran Group License #10401261296 Listed on: 03/24/2021

Corcoran Group

Co-Listed By

Erin Pastrana

Corcoran Group License #10401279809

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,492

Year Built

  • Built in 1945

Lot Details

  • 2,483

HOA Fees

  • $663 Monthly HOA Fees

Interior Spaces

  • 2,059 Sq Ft Home
  • 3-Story Property
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Terrace

Additional Features

  • Garden
  • Central Air

Listing and Financial Details

  • Tax Block 1783

Community Details

Overview

  • 3 Units
  • Bedford Stuyvesant Subdivision

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,492

Year Built

Built in 1945

Lot Details

0

HOA Fees

$663 per month

Listing Details

  • Cross Street: Bedford Avenue & Nostrand Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Features: Den, Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 2059.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Building Roof Deck, Garden
  • Patio/Porch Features: Patio, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 663.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 100.0 x 25.0

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1945

Tax Info

  • Tax Block: 1783
  • Tax Annual: 6492.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Aug 17, 2021
Sold by
B & A Investors Group Llc
Bought by
Beard Courtney and Hamburger Maximilian S
Seller's Agent
Daniel Cohen
Corcoran Group
List Price
$1,495,000
Sold Price
$1,425,000
Premium/Discount to List
-$70,000
-4.68%
Current Estimated Value
$1,582,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,320
Avg. Annual Appreciation
1.09%
Original Mortgage
$1,068,750
Outstanding Balance
$976,713
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$509,112
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
Beard Courtney $1,425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beard Courtney $1,068,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $1,425,000 -4.7% $692 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $1,495,000 -- $726 / 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 $3,767 $83,128 $7,801 $75,327
2024 $3,767 $65,658 $7,801 $57,857
2023 $3,594 $58,036 $7,801 $50,235
2022 $3,332 $53,509 $7,801 $45,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10707094

Real Estate Board of New York (REBNY)

APN: 01783-1401