NOT LISTED FOR SALE

701 Lafayette Ave Unit 1B Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $936,000 - $1,111,000

2 Beds
1.5 Baths
1,222 Sq Ft
$490/mo HOA Fee

Last Sold November 24, 2020

Last sale price $897,000 $734 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,574/month

253 Days on Market

Highlights

  • Newly Remodeled
  • North Facing Home
  • 2-minute walk to Herbert Von King Park
  • Central Air

About This Home

As of November 2020

Unit 1B

Welcome home to unit 1B; an expansive, one bedroom duplex apartment. Situated on a

beautiful tree lined block by Herbert Von King Park, 701 Lafayette Avenue is where you can

relax and call home.

This unit features an open kitchenette, full bathroom and bedroom on the main floor. In the

cellar level you will find a large recreation room that is prime for entertaining and a half bath

for your guests. A private outdoor garden, prime for the coming BBQ season this year is deeded

to the property as well.

The interior features 5-inch white oak wood flooring that is highlighted with natural sunlight

beaming through the oversized Pella architect series windows. The kitchen is adorned with

white quartz countertops that compliment the Italian tiled backsplash. A full range of Bosch and

Blomberg appliances in the kitchen blend in beautifully with cabinetry built by 7Haus designs.

Bosch washer and dryers hookup in each unit.

From being park side to Herbert Von King Park, Bedford-Stuyvesant offers many conveniences.

Multiple transportation options are afforded with the G, J, Z, and M trains that brings you into

Manhattan or Queens within 20 minutes. You also have a plethora of bus options as well. Some

of our local favorites is Burly Coffee and Little Roy Coffee for your morning fix. Guacuco Bed-

Stuy for Venezuelan fare and Samurai Papa for a night of ramen and Japanese bites.

The complete offering terms are in an offering plan available from the sponsor. CD# 18-0368

Last Agent to Sell the Property

Rotem Lindenberg

Compass License #40LI1129257 Listed on: 12/23/2019

Compass

Co-Listed By

Rosemary Huang

Douglas Elliman Real Estate License #10401263033

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,120

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 2,004

HOA Fees

  • $490 Monthly HOA Fees

Interior Spaces

  • 1,222 Sq Ft Home
  • 4-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • North Facing Home
  • Central Air

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 71 / 1786

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,120

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$490 per month

Listing Details

  • Cross Street: Tompkins Avenue/Throop Avenue
  • Exposures: North
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Dining Area
  • Appliances: Washer Dryer Allowed
  • Living Area: 1222.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 490.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • New Construction: Yes
  • Total Stories: 4
  • Year Built: 2018

Tax Info

  • Tax Block: 1786
  • Tax Lot: 71
  • Tax Annual: 6120.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2019
Closed on
Nov 20, 2020
Sold by
701 Lafayette Ave Llc
Bought by
Gold Ariel and Poletaev Boris
Seller's Agent
Rotem Lindenberg
Compass
List Price
$897,000
Sold Price
$897,000
Current Estimated Value
$996,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,336
Avg. Annual Appreciation
2.34%
Original Mortgage
$655,500
Outstanding Balance
$587,280
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$413,203
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
Gold Ariel $874,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gold Ariel $655,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $897,000 0.0% $734 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
12/24/2019 12/24/19 For Sale $897,000 -- $734 / 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 $7,552 $153,013 $21,395 $131,618
2024 $7,552 $137,029 $21,395 $115,634
2023 $5,328 $119,380 $21,395 $97,985
2022 $7,390 $117,299 $21,395 $95,904
2021 $7,222 $93,823 $21,395 $72,428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10594062

Real Estate Board of New York (REBNY)

APN: 01786-1102