NOT LISTED FOR SALE

701 Lafayette Ave Unit 3B Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $583,000 - $674,000

1 Bed
1 Bath
570 Sq Ft
$1,100/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $545,000 $956 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,038/month

169 Days on Market

Highlights

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

About This Home

As of September 2020

Welcome home to unit 3B; a wonderful sunny one bedroom apartment large balcony for perfect quiet morning coffee. Situated on a beautiful tree lined block by Herbert Von King Park, 701 Lafayette Avenue is where you can relax and call home.

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. Washer and dryer 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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,564

Year Built

  • Built in 1899 | Newly Remodeled

Lot Details

  • Lot Dimensions are 20.0 x 100.0
  • North Facing Home

HOA Fees

  • $286 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 570 Sq Ft Home
  • 2-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Balcony
  • Central Air

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 71 / 1786

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,564

Year Built

Built in 1899 | Newly Remodeled

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Cross Street: Tompkins Avenue/Throop Avenue
  • Exposures: North
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Features: Dining Area
  • Appliances: Washer Dryer Allowed
  • Living Area: 570.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 286.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • New Construction: Yes
  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 1786
  • Tax Lot: 71
  • Tax Annual: 3564.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2019
Closed on
Aug 31, 2020
Sold by
701 Lafayette Ave Llc
Bought by
Zeng Norman
Seller's Agent
Rotem Lindenberg
Compass
List Price
$545,000
Sold Price
$545,000
Current Estimated Value
$618,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,238
Avg. Annual Appreciation
2.80%
Original Mortgage
$380,000
Outstanding Balance
$339,514
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$285,086
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
Zeng Norman $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeng Norman $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $545,000 0.0% $956 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
12/24/2019 12/24/19 For Sale $545,000 -- $956 / 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 $4,401 $89,161 $12,467 $76,694
2024 $4,401 $79,847 $12,467 $67,380
2023 $3,105 $69,563 $12,467 $57,096
2022 $2,206 $68,351 $12,467 $55,884
2021 $4,208 $54,671 $12,467 $42,204
Source: Public Records

Agents Affiliated with this Home

  • Rotem Lindenberg

    Seller's Agent in 2020

    Rotem Lindenberg

    Compass

    (646) 321-0186

    17 in this area

    66 Total Sales

    Section Image
  • Rosemary Huang

    Seller Co-Listing Agent in 2020

    Rosemary Huang

    Douglas Elliman Real Estate

    (201) 312-4768

    7 in this area

    12 Total Sales

    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10597892

Real Estate Board of New York (REBNY)

APN: 01786-1106

New York Kings County Brooklyn 11216 Bed-Stuy

701 Lafayette Ave Unit 3B, Brooklyn, NY

This home is located at 701 Lafayette Ave Unit 3B, Brooklyn, NY 11221 since 23 December 2019 and is currently estimated at $627,277, approximately $1,100 per square foot. This property was built in 1899. 701 Lafayette Ave Unit 3B is a home located in Kings County with nearby schools including P.S. 25 Eubie Blake School, The Brooklyn Charter School, and Success Academy Charter School - Bed-Stuy Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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