Seller's Agent in 2025
Deborah Rieders
Corcoran Group
(718) 923-8001
25 in this area
425 Total Sales
719 Lafayette Ave Unit 721 Brooklyn, NY 11221
Bed-Stuy Neighborhood
8
Beds
4
Baths
3,005
Sq Ft
2,614
Sq Ft Lot
Highlights
- Terrace
- Garage
- 3-minute walk to Herbert Von King Park
About This Home
As of April 2025A truly unique Bed-Stuy opportunity perfect for an end-use needing INDOOR parking, an art or music studio or woodworking shop, and a huge living space with rental income; or an investor looking for a great return! This extra-large freestanding townhouse, steps from Herbert Von King Park, Lincoln Market, the Bedford/Nostrand G train, and all of the amazing amenities on Bedford and Nostrand Avenues. This home promises a convenient location and a house with incredible potential both today, and well into the future. Enjoy a fanciful compound in Brooklyn's most culturally dynamic neighborhood for the price of a 2-bedroom condo with monthly taxes of only $255, and no common charges! Tenants are separately metered and pay their own heat, electric, and gas too.
Built out 20' wide and 60' deep on 27' wide lot, with three exposures on three floors, plus a renovated recreation room, AND a PRIVATE GARAGE with indoor parking for TWO cars and a shared driveway, this is a truly special opportunity. Use the garage for parking 2 cars and additional storage, OR create an art studio or guest house built 20' wide x 15' deep, and increase your rental income, or custom build a space for all of your creative needs. The possibilities are endlessly exciting and appeal to end users, artists, work-from-home residents, investors, and families alike.
Delivered vacant, this home has been renovated perfectly for tenants and owners, and includes a first floor/basement duplex with 3 beds, 1 bath, a recreation room, laundry, and garden (prior rent $4500/month). The upper duplex is a rare gem with 5 bedrooms, 3 full bathrooms, 2 skylights, easy staircase access for a roofdeck, laundry, and incredible light (prior rent $6500/month). Both units enjoy three full exposures, and include renovated kitchens and baths. A charming front porch welcomes you to greet your neighbors and container garden to your heart's content. Kitchens in both units include black granite countertops and stainless-steel appliances. Hardwood floors, high-ceilings, and individual gas boilers and hot water heaters make living easy.
Take the super sunny upper duplex and garage for yourself, and rent out the ground floor and pay all of your bills AND make a profit. Or, take the entire house for yourself and live large. The shared driveway allows easy access to the yard for either and/or both tenants, another way to increase your quality of living OR your rental income. While this home may not have the historic details of some of the neighboring homes, it more than makes up for this with its grand proportions, three exposures, and ability to move right in. A paint job and a few cosmetic upgrades promise a quality of life and convenience you could never have ever dreamed of, in a neighborhood that hasn't even begun to realize its true potential. Head in any direction and you have the added delights of Williamsburg and Bushwick also easily at your disposal.
Book a showing today. Currently vacant and delivered vacant with a projected rent-roll of $11,000 month without even lifting a finger (and absurdly low taxes), this makes a great 1031 exchange opportunity as well.
Last Agent to Sell the Property
Corcoran Group License #30RI0955004 Listed on: 01/19/2025
Last Buyer's Agent
Direct Deal Listing
Direct Deal License #A
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,060
Year Built
- Built in 1899
Lot Details
- 2,700 Sq Ft Lot
- Lot Dimensions are 100.00x27.00
Parking
- Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,005 Sq Ft Home
- 3-Story Property
- Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Additional Features
- Terrace
- No Cooling
Community Details
- 2 Units
- Bedford Stuyvesant Subdivision
Listing and Financial Details
- Legal Lot and Block 0063 / 01786
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 8, 2012
Sold by
Ben Simon Liron and Ben Simon Yael
Bought by
719 Lafayette Llc
Current Estimated Value
Purchase Details
Closed on
Oct 12, 2011
Sold by
Hochman Llc
Bought by
Ben Simon Liron and Ben Simon Yael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,818
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
May 9, 2011
Sold by
German Donald and German Lisa
Bought by
Hochman Llc
Purchase Details
Closed on
Apr 6, 2007
Sold by
Sharpe Tyrone
Bought by
German Donald and German Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 3, 2005
Sold by
Disilvio Robert B
Bought by
Sharpe Tyrone
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.78%
Purchase Details
Closed on
May 11, 2004
Sold by
Sharpe Tyrone
Bought by
Disilvio Robert B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 11, 2002
Sold by
Jenkins Maurice
Bought by
Sharpe Tyrone
Purchase Details
Closed on
Feb 29, 2000
Sold by
Sharpe Tyrone
Bought by
Jenkins Maurice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
9.55%
Purchase Details
Closed on
Apr 17, 1998
Sold by
Sharpe Eula Mae
Bought by
Sharpe Eula Mae and Sharpe Tyrone
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 | $790,000 | -- | |
| Deed | $790,000 | -- | |
| Deed | $520,000 | -- | |
| Deed | $520,000 | -- | |
| Deed | $200,000 | -- | |
| Deed | $200,000 | -- | |
| Deed | $550,000 | -- | |
| Deed | $550,000 | -- | |
| Deed | $360,000 | -- | |
| Deed | $360,000 | -- | |
| Deed | $330,000 | -- | |
| Deed | $330,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Bargain Sale Deed | $120,000 | Old Republic Natl Title Ins | |
| Bargain Sale Deed | $120,000 | Old Republic Natl Title Ins | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Ins | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $506,818 | FHA | |
| Previous Owner | $550,000 | Purchase Money Mortgage | |
| Previous Owner | $72,000 | No Value Available | |
| Previous Owner | $288,000 | Purchase Money Mortgage | |
| Previous Owner | $255,000 | Purchase Money Mortgage | |
| Previous Owner | $120,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/09/2025 04/09/25 | Price Changed | $2,150,000 | 0.0% | $715 / Sq Ft | |
| 04/08/2025 04/08/25 | Sold | $2,150,000 | +26.8% | $715 / Sq Ft | |
| 01/31/2025 01/31/25 | Pending | -- | -- | -- | |
| 01/19/2025 01/19/25 | For Sale | $1,695,000 | -- | $564 / Sq Ft | |
| 08/09/2013 08/09/13 | Sold | -- | -- | -- | View Prior Sale |
Source: Real Estate Board of New York (REBNY)
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 | $3,059 | $100,740 | $14,040 | $86,700 |
| 2024 | $3,059 | $86,700 | $14,040 | $72,660 |
| 2023 | $2,927 | $106,380 | $14,040 | $92,340 |
| 2022 | $2,576 | $116,580 | $14,040 | $102,540 |
| 2021 | $2,684 | $90,000 | $14,040 | $75,960 |
| 2020 | $2,712 | $90,240 | $14,040 | $76,200 |
| 2019 | $287 | $98,100 | $14,040 | $84,060 |
| 2018 | $2,448 | $12,010 | $1,993 | $10,017 |
| 2017 | $2,310 | $11,331 | $2,497 | $8,834 |
| 2016 | $2,137 | $10,690 | $3,178 | $7,512 |
| 2015 | $1,078 | $10,676 | $2,844 | $7,832 |
| 2014 | $1,078 | $10,575 | $3,380 | $7,195 |
Source: Public Records
Agents Affiliated with this Home
-
Deborah Rieders
-
Sarah Shuken
Seller Co-Listing Agent in 2025
Sarah Shuken
Corcoran Group
(917) 685-3231
22 in this area
336 Total Sales
-
Albi Zhubi
Seller Co-Listing Agent in 2025
Albi Zhubi
Corcoran Group
(847) 409-7350
12 in this area
175 Total Sales
-
Angelina Martinez
A
Seller Co-Listing Agent in 2025
Angelina Martinez
Corcoran Group
(646) 575-9102
8 in this area
89 Total Sales
-
D
Buyer's Agent in 2025
Direct Deal Listing
Direct Deal
-
Toni Martin
Seller's Agent in 2013
Toni Martin
Corcoran Group
(718) 288-7703
15 in this area
37 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11029851
APN: 01786-0063
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. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
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