NOT LISTED FOR SALE

542 Lafayette Ave Brooklyn, NY 11205

Bed-Stuy Neighborhood

Estimated Value: $1,980,000 - $2,601,000

5 Beds
4 Baths
2,724 Sq Ft
$839/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $2,315,000 $850 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $12,697/month

93 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Bedford-Nostrand Avenues
  • 4-minute walk to Banneker Playground
  • Park
  • Hot Water Heating System

About This Home

As of May 2024

Are You Looking for a 3-Family Property in the Highly Desired Neighborhood of Bedford-Stuyvesant? Look No Further! This Charming House is Situated Between 2 of the Busiest Streets in Brooklyn, Bedford Ave. & Nostrand Ave. This 3-family property includes 2-bedroom Apartments on the 1st & 2nd Floors and a 1-bedroom Apartment on the 3rd Floor.

Last Agent to Sell the Property

Jaroslaw Kaszuba

Exit All Seasons Realty Brokerage Phone: 718-345-4545 License #31KA1174789 Listed on: 01/02/2024

Co-Listed By

Barbara Kot

Exit All Seasons Realty Brokerage Phone: 718-345-4545 License #10311209634

Last Buyer's Agent

Jaroslaw Kaszuba

Exit All Seasons Realty Brokerage Phone: 718-345-4545 License #31KA1174789 Listed on: 01/02/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,129

Year Built

  • Built in 1899

Lot Details

  • 2,300 Sq Ft Lot
  • Lot Dimensions are 23' x 100'
  • No Common Walls

Parking

  • On-Street Parking

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Dr Susan S Mckinney Sec Sch-Arts Middle School
  • Bedford Stuyvesant Prep High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 30 / 1788
  • Assessor Parcel Number 01788-0030

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,129

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Year Built: 1899
  • New Construction: No
  • Attribution Contact: 718-345-4545
  • Co List Office Mls Id: ONEALSE01
  • Co List Office Phone: 718-345-4545
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Other
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Other
  • Water Source: See Remarks
  • Hot Water: See Remarks

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Dr Susan S Mckinney Sec Sch-Arts

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 23' x 100'
  • Lot Size Sq Ft: 2300
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01788-0030
  • Zoning Description: R6B
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-01-03

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 3129
  • Tax Block: 1788
  • Tax Lot: 30
  • Tax Map Number: 01788-0030

MLS Schools

  • High School: Bedford Stuyvesant Prep High School
  • Middle School District: Brooklyn 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
May 30, 2024
Sold by
Woo Apple
Bought by
542 Lafayette Ave Llc
Seller's Agent
Jaroslaw Kaszuba
Exit All Seasons Realty
Buyer's Agent
Jaroslaw Kaszuba
Exit All Seasons Realty
List Price
$2,499,000
Sold Price
$2,315,000
Premium/Discount to List
-$184,000
-7.36%
Views
61
Current Estimated Value
$2,284,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,560
Avg. Annual Appreciation
1.12%
Original Mortgage
$1,569,200
Outstanding Balance
$1,552,178
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$794,194

Purchase Details

Closed on
May 14, 2009
Sold by
Torres Apple W and Torres Harry
Bought by
Woo Apple

Purchase Details

Closed on
Oct 19, 1999
Sold by
Torres S Jose M
Bought by
Torres Harry and Torres Apple W
Source: Public Records

Range of Values:

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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
542 Lafayette Ave Llc $2,315,000 --
Woo Apple -- --
Woo Apple -- --
Torres Harry -- --
Torres Harry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 542 Lafayette Ave Llc $1,569,200
Previous Owner Woo Apple $500,755
Previous Owner Woo Apple $4,727
Previous Owner Woo Apple $395,000
Previous Owner Woo Apple $297,200
Previous Owner Torres Apple W $200,000
Previous Owner Torres Harry $70,000
Previous Owner Torres Harry $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $2,315,000 -7.4% $850 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $2,499,000 -- $917 / Sq Ft
Source: OneKey® MLS

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 $2,993 $110,400 $17,400 $93,000
2024 $2,993 $112,500 $17,400 $95,100
2023 $2,844 $99,540 $17,400 $82,140
2022 $2,789 $79,920 $17,400 $62,520
2021 $2,841 $78,900 $17,400 $61,500
2020 $2,045 $87,660 $17,400 $70,260
2019 $2,549 $73,320 $17,400 $55,920
2018 $2,319 $12,838 $2,704 $10,134
2017 $2,317 $12,838 $4,265 $8,573
2016 $2,173 $12,420 $5,400 $7,020
2015 $1,241 $11,991 $4,673 $7,318
2014 $1,241 $11,320 $3,747 $7,573
Source: Public Records

Agents Affiliated with this Home

  • Jaroslaw Kaszuba

    Seller's Agent in 2024

    Jaroslaw Kaszuba

    Exit All Seasons Realty

    (718) 416-4411

    1 in this area

    125 Total Sales

    Section Image
  • Barbara Kot

    Seller Co-Listing Agent in 2024

    Barbara Kot

    Exit All Seasons Realty

    (917) 862-3725

    1 in this area

    30 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3523227

OneKey® MLS

APN: 01788-0030

New York Kings County Brooklyn 11205 Bed-Stuy

542 Lafayette Ave, Brooklyn, NY

This home is located at 542 Lafayette Ave, Brooklyn, NY 11205 since 02 January 2024 and is currently estimated at $2,284,440, approximately $838 per square foot. This property was built in 1899. 542 Lafayette Ave is a home located in Kings County with nearby schools including P.S. 256 Benjamin Banneker Magnet School of Architecture and Engineering, Community Partnership Charter School - Elementary School, and Clara Muhammad School Of Masjid Khalifah.

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