NOT LISTED FOR SALE

Estimated Value: $1,593,000 - $1,942,965

4 Beds
2 Baths
2,200 Sq Ft
$808/Sq Ft Est. Value

About This Home

738 Lafayette Avenue, Brooklyn, NY 11221
Prime Bed-Stuy | Two-Family | Development Potential For the first time on the market, 738 Lafayette Avenue presents a rare opportunity to own a two-family home in the heart of Bedford-Stuyvesant. Set on an 18.75' x 100' lot on a picturesque, tree-lined block, this property offers the charm of Brooklyn brownstone living with the flexibility to design a custom residence or investment property. Nestled just moments from the lush greenery of Herbert Von King Park and ideally located between the G and J trains, convenience meets lifestyle in this vibrant neighborhood rich in culture, community, and history. Zoned R6, the property offers valuable potential for those looking to expand, reconfigure, or reimagine the space to suit their vision. Whether you're an end-user looking to create your dream home or a developer seeking a boutique opportunity, 738 Lafayette Avenue is not to be missed. Property Highlights: Two-Family configuration Lot dimensions: 18.75 ft x 100 ft R6 Zoning – development flexibility Tree-lined, residential block Steps from G & J subway lines Near Herbert Von King Park, cafes, and local favorites Bring your architect and imagination—opportunities like this don’t come often. Shown by appointment only.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Nelson Jonathan P
Bought by
Jonathan P Nelson Family Trust Dtd 1 and Jonathan P Nelson As Trustee
Current Estimated Value
$1,778,241

Purchase Details

Closed on
Dec 30, 2003
Sold by
Nelson Jonathan P and Nelson Nathaniel B
Bought by
Nelson Jonathan P
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Jonathan P Nelson Family Trust Dtd 1 -- --
Jonathan P Nelson Family Trust Dtd 1 -- --
Jonathan P Nelson Family Trust Dtd 1 -- --
Nelson Jonathan P -- --
Nelson Jonathan P -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 Price Changed $1,980,000 -6.8% $900 / Sq Ft
06/25/2025 06/25/25 Price Changed $2,125,000 -14.2% $966 / Sq Ft
05/22/2025 05/22/25 For Sale $2,478,000 -- $1,126 / Sq Ft

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 $5,265 $76,440 $12,660 $63,780
2024 $5,265 $89,940 $12,660 $77,280
2023 $5,023 $85,200 $12,660 $72,540
2022 $4,658 $76,560 $12,660 $63,900
2021 $4,632 $69,420 $12,660 $56,760
2020 $2,306 $84,180 $12,660 $71,520
2019 $4,570 $84,480 $12,660 $71,820
2018 $4,201 $20,609 $3,172 $17,437
2017 $3,963 $19,443 $4,346 $15,097
2016 $3,667 $18,343 $5,537 $12,806
2015 $2,212 $18,343 $5,490 $12,853
2014 $2,212 $18,205 $6,539 $11,666
Source: Public Records

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