$1,403,000 - $2,981,000
RENTED MAR 25, 2025

748 Lafayette Ave Unit 1 Brooklyn, NY 11221

Bed-Stuy Neighborhood
1 Bed
1 Bath
-- Sq Ft
1,917 Sq Ft Lot

About This Home

As of March 2025

Residence 1 is a large garden apartment with a private backyard that resides on a quintessential tree-lined block in the heart of Bedford-Stuyvesant. Enter the home and into the spacious living and dining room that is perfect for entertaining. The kitchen has been updated and is equipped with brand-new appliances including an oven, dishwasher, and refrigerator/freezer, as well as an abundance of cabinet and counter space to test your culinary expertise. The bedroom can easily accommodate a king size bed, and the bathroom is located in the hall and features a large medicine cabinet with storage, high end finishes, and a deep soaking tub. For added convenience, there is also in-unit washer / dryer. The home is located moments away from all your local amenities, coffee shops, and supermarkets as well as a plethora of delicious restaurants. Transportation is a breeze living within close proximity to the G/M/J trains as well as multiple bus-lines close-by.

Last Agent to Rent the Property

Nadia Bartolucci

Douglas Elliman Real Estate License #10401204719 Listed on: 03/20/2025

Douglas Elliman Real Estate

Co-Listed By

Keith Davis II

Douglas Elliman Real Estate License #10401361290

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $5,581

Year Built

  • Built in 1899

Lot Details

  • 1,917

Home Design

  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • 2-Story Property
  • No Cooling
  • Property Views

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Property Available on 3/20/25
  • Legal Lot and Block 0035 / 01791

Property Details

Home Type

Co-Op

Est. Annual Taxes

$5,581

Year Built

Built in 1899

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2025-03-20

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Bedford-Stuyvesant
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 2

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Washer Hookup, In Unit
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Zoning Description: R6B

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 01791
  • Tax Lot: 0035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2016
Sold by
Issapour Iraj
Bought by
Jones Ashby and Jones Ebbert Ashby
Current Estimated Value
$1,940,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$677,759
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,262,419

Purchase Details

Closed on
Dec 23, 2014
Sold by
Mcqueen Gerard Stephen
Bought by
Issapour Iraj and Issapour Marjaneh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.99%
Mortgage Type
New Conventional
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
Jones Ashby $1,450,000 --
Issapour Iraj $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Ashby $850,000
Previous Owner Issapour Iraj $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2025 03/25/25 Rented $2,700 0.0% --
03/24/2025 03/24/25 Under Contract -- -- --
03/20/2025 03/20/25 For Rent $2,700 +20.0% --
12/16/2018 12/16/18 For Rent $2,250 -- --
12/16/2018 12/16/18 Rented -- -- --
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 $5,581 $120,180 $14,400 $105,780
2024 $5,581 $99,660 $14,400 $85,260
2023 $5,324 $94,200 $14,400 $79,800
2022 $3,703 $103,200 $14,400 $88,800
2021 $4,910 $113,160 $14,400 $98,760
2020 $3,683 $107,040 $14,400 $92,640
2019 $4,849 $90,300 $14,400 $75,900
2018 $4,598 $22,554 $3,942 $18,612
2017 $4,476 $21,956 $4,902 $17,054
2016 $1,940 $9,703 $2,836 $6,867
2015 $1,168 $9,703 $3,132 $6,571
2014 $1,168 $9,578 $3,712 $5,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20010528

Real Estate Board of New York (REBNY)

APN: 01791-0035