NOT LISTED FOR SALE

541 Lafayette Ave Unit 2 Brooklyn, NY 11205

Bed-Stuy Neighborhood

Estimated Value: $886,000 - $1,316,000

2 Beds
2 Baths
985 Sq Ft
1945 Built

Sale Details

Date Sold: October 5, 2021

Last sale price $1,050,000 $1,066 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,668 / mo

77 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to Bedford-Nostrand Avenues
  • Central Air
  • Terrace
  • Balcony
  • 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 large and bright floor-through units! Apartment #2 is a two bedroom, two bathroom home just under 1,000 square feet with two amazing outdoor spaces! Featuring central heat and air, an in-unit washer & dryer, closets galore, stylish fixtures, and White Oak hardwood floors. Estimated Monthly taxes: $357 Estimated Monthly common charges: $370 The master bedroom features a large balcony, en-suite bathroom and can comfortably fit a King sized bed and has a perfect nook for a desk! The second bedroom has 2 exposures and comfortably fits a Queen size bed, or use it as a home office! There is a charming balcony located off of this bedroom as well. The kitchen offers floor to ceiling cabinetry, full size appliances including a 30? Bertazzoni gas stove, 30" Lehber fridge, Whirlpool Microwave, and a Bosch dishwasher. Welcoming in warm South Eastern sunshine, this bright kitchen flows perfectly into the bright living room that leads to an immense terrace that makes dining al fresco or enjoying a movie under the stars too easy! 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: 01/18/2021

Corcoran Group

Co-Listed By

Erin Pastrana

Corcoran Group License #10401279809

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,440

Year Built

  • Built in 1945

HOA Fees

  • $453 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 985 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Terrace

Additional Features

  • South Facing Home
  • 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

$4,440

Year Built

Built in 1945

Lot Details

0 Sq Ft Lot

HOA Fees

$453 per month

Listing Details

  • Cross Street: Bedford Avenue & Nostrand Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Entry Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 985.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 453.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

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: 4440.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Aug 16, 2021
Sold by
Bought by
Seller's Agent
Daniel Cohen
Corcoran Group
List Price
$1,195,000
Sold Price
$1,050,000
Premium/Discount to List
-$145,000
-12.13%
Current Estimated Value
$1,090,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,200
Avg. Annual Appreciation
0.78%
Original Mortgage
$787,500
Interest Rate
0.027%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,050,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $787,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $1,050,000 -12.1% $1,066 / Sq Ft
01/18/2021 01/18/21 For Sale $1,195,000 -- $1,213 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,731 $58,996 $5,336 $53,660
2025 $2,577 $56,862 $5,336 $51,526
2024 $2,577 $44,912 $5,336 $39,576
2023 $2,458 $39,698 $5,336 $34,362
2022 $2,279 $36,601 $5,336 $31,265
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10692841

Real Estate Board of New York (REBNY)

APN: 01783-1402

Your Personal Tour Guide

Ask me questions while you tour the home.