NOT LISTED FOR SALE

701 Lafayette Ave Unit 4B Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $816,000 - $977,000

2 Beds
2 Baths
838 Sq Ft
$462/mo HOA Fee

Last Sold February 01, 2021

Last sale price $849,000 $1,013 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,028/month

330 Days on Market

Highlights

  • City View
  • Balcony
  • North Facing Home
  • Terrace
  • Central Air
  • 2-minute walk to Herbert Von King Park

About This Home

As of February 2021

Last PH unit in beautiful new development, closing started!!! Welcome home to the Penthouse; an expansive, two bedroom, two bathroom duplex with private terrace and balcony. Situated on a beautiful tree lined block by Herbert Von King Park, 701 Lafayette Avenue is where you can relax and call home.

This apartment features great living room with private balcony access, full kitchenette and full bath on the main floor. On the second level you will find the 2nd bedroom and full bath with access to a private terrace, prime for entertaining or an evening to stargaze.

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: 12/24/2019

Compass

Co-Listed By

Rosemary Huang

Douglas Elliman Real Estate License #10401263033

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,772

Year Built

  • Built in 2018

Lot Details

  • 2,004

HOA Fees

  • $462 Monthly HOA Fees

Interior Spaces

  • 838 Sq Ft Home
  • 4-Story Property
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Terrace

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

$5,772

Year Built

Built in 2018

Lot Details

0

HOA Fees

$462 per month

Listing Details

  • Cross Street: Tompkins Avenue/Throop Avenue
  • Exposures: North
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 838.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Terrace, Balcony, Rooftop

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: 462.0
  • 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: No
  • Total Stories: 4
  • Year Built: 2018

Tax Info

  • Tax Block: 1786
  • Tax Lot: 71
  • Tax Annual: 5772.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2019
Closed on
Jan 22, 2021
Sold by
701 Lafayette Ave Llc
Bought by
Desrochers Richard Alan
Seller's Agent
Rotem Lindenberg
Compass
List Price
$849,000
Sold Price
$849,000
Current Estimated Value
$908,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,410
Avg. Annual Appreciation
1.74%
Original Mortgage
$600,000
Outstanding Balance
$538,177
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$379,381
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
Desrochers Richard Alan $814,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desrochers Richard Alan $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $849,000 0.0% $1,013 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
12/24/2019 12/24/19 For Sale $849,000 -- $1,013 / 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 $7,107 $143,998 $20,135 $123,863
2024 $7,107 $128,956 $20,135 $108,821
2023 $5,014 $112,347 $20,135 $92,212
2022 $6,955 $110,388 $20,135 $90,253
2021 $6,797 $88,295 $20,135 $68,160
Source: Public Records

Agents Affiliated with this Home

  • Rotem Lindenberg

    Seller's Agent in 2021

    Rotem Lindenberg

    Compass

    (646) 321-0186

    17 in this area

    66 Total Sales

    Section Image
  • Rosemary Huang

    Seller Co-Listing Agent in 2021

    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: RLS10624016

Real Estate Board of New York (REBNY)

APN: 01786-1108

New York Kings County Brooklyn 11216 Bed-Stuy

701 Lafayette Ave Unit 4B, Brooklyn, NY

This home is located at 701 Lafayette Ave Unit 4B, Brooklyn, NY 11221 since 24 December 2019 and is currently estimated at $901,621, approximately $1,075 per square foot. This property was built in 2018. 701 Lafayette Ave Unit 4B 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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