706 Lafayette Ave Brooklyn, NY 11221
Bed-Stuy Neighborhood
8
Beds
6.5
Baths
5,745
Sq Ft
2,000
Sq Ft Lot
About This Home
As of June 2025Big Three Family with parking and low taxes right up the block from Von King Park - this one is perfect for both investors and end users alike.
Constructed in 2007, this property is built 20 x 54 on a 100 ft deep lot and spans roughly 4,300 +/- SF across all 4 floors.
Equipped with 8 bedrooms and 6.5 baths each unit is separately metered with their own furnaces and hot water tanks.
The first floor 2 bed / 2 bath unit can easily be duplexed with the finished windowed basement to create a duplex.
The top 2 floor 3 bed / 2 bath units are basically identical and can generate high income.
The location is amazing with all amenities on Tompkins Ave nearby - proximity to the G Train at Bedford/Nostrand, the A,C & J trains are nearby and the B38 stops right on the block.
Last Agent to Sell the Property
Corcoran Group License #10301216039 Listed on: 11/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $276
Year Built
- Built in 2007
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100.00x20.00
Bedrooms and Bathrooms
- 8 Bedrooms
Additional Features
- 3-Story Property
- No Cooling
- Basement
Community Details
- 3 Units
- Bedford Stuyvesant Subdivision
Listing and Financial Details
- Legal Lot and Block 0012 / 01791
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2024
Closed on
Jun 10, 2025
Sold by
Alexandra Kostakos Llc
Bought by
Herzog Sara
Seller's Agent
Joseph Dima
Corcoran Group
List Price
$1,950,000
Sold Price
$1,950,000
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.79%
Original Mortgage
$1,500,000
Outstanding Balance
$1,498,724
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$388,276
Purchase Details
Closed on
Jan 26, 2009
Sold by
Guardian Homes Inc
Bought by
Alexandra Kostakos Llc
Purchase Details
Closed on
Feb 10, 2006
Sold by
King Ruth
Bought by
Guardian Homes Inc
Purchase Details
Closed on
Jun 2, 2005
Sold by
Seetram Lionel
Bought by
Guardian Homes Inc
Purchase Details
Closed on
Jun 8, 2002
Sold by
Thomas Raymond
Bought by
King Ruth and Seetram Lionel
Similar Homes in Brooklyn, NY
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,950,000 | -- | |
| Deed | $657,500 | -- | |
| Deed | $657,500 | -- | |
| Deed | $75,000 | -- | |
| Deed | $75,000 | -- | |
| Deed | $35,000 | -- | |
| Deed | $35,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,500,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | Price Changed | $1,950,000 | 0.0% | $339 / Sq Ft |
| 06/10/2025 06/10/25 | Sold | $1,950,000 | +2.6% | $339 / Sq Ft |
| 03/27/2025 03/27/25 | Pending | -- | -- | -- |
| 03/27/2025 03/27/25 | Price Changed | $1,900,000 | -2.6% | $331 / Sq Ft |
| 11/03/2024 11/03/24 | For Sale | $1,950,000 | -- | $339 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $278 | $132,300 | $13,740 | $118,560 |
| 2024 | $278 | $135,540 | $13,740 | $121,800 |
| 2023 | $281 | $166,320 | $13,740 | $152,580 |
| 2022 | $261 | $136,140 | $13,740 | $122,400 |
| 2021 | $289 | $123,060 | $13,740 | $109,320 |
| 2020 | $283 | $124,560 | $13,740 | $110,820 |
| 2019 | $289 | $99,060 | $13,740 | $85,320 |
| 2018 | $282 | $49,176 | $5,769 | $43,407 |
| 2017 | $282 | $47,123 | $8,724 | $38,399 |
| 2016 | $276 | $44,456 | $11,114 | $33,342 |
| 2015 | $26 | $41,940 | $11,460 | $30,480 |
| 2014 | $26 | $41,940 | $11,460 | $30,480 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Dima
Seller's Agent in 2025
Joseph Dima
Corcoran Group
(917) 923-0120
16 in this area
51 Total Sales
-
Josiane Lysius
Seller Co-Listing Agent in 2025
Josiane Lysius
Corcoran Group
(917) 817-8944
15 in this area
49 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20012243
APN: 01791-0012
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.
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.
RLS Data display by Homes.com LLC
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