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571 Lafayette Avenue, 
Brooklyn, NY 11205

$3,698,000


7

Beds


6

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Natalia Correa

Sothebys International Realty

Last updated:

June 18, 2025, 10:52 AM

MLS#

RLS20031241

Source:

NY REBNY

About This Home

571 Lafayette Avenue

A rare chance to acquire a fully leased, income-generating multifamily property on the vibrant border of Bedford-Stuyvesant and Clinton Hill, two of Brooklyn’s most desirable and fast-growing neighborhoods. Just minutes from the Bedford-Nostrand G train, 571 Lafayette Avenue offers strong connectivity to Downtown Brooklyn, Williamsburg, and Manhattan. Built from the ground up in 2019, this modern 6-unit walk-up was thoughtfully designed for long-term performance and low maintenance. The premium unit mix includes five 1-bedroom apartments and one 2-bedroom apartment, each featuring: central air, updated finishes, private storage, individual hot water heaters and mechanicals. Select units enjoy private outdoor space. This fully occupied property is leased at market rents, generating $198,540 in annual income, with a pro forma cap rate of approximately 5%. Located in a Qualified Opportunity Zone, this asset presents significant tax advantages and long-term upside in one of Brooklyn’s most stable rental markets. Surrounded by neighborhood favorites—cafés, parks, restaurants, and cultural landmarks, 571 Lafayette Avenue offers the perfect combination of lifestyle appeal and investment performance.

Home Facts

Multi-Family

6 Baths

7 Bedrooms

Built in 2019

Price Summary

3,698,000

MLS #:

RLS20031241

Last Updated:

June 18, 2025, 10:52 AM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6


Structure

Structure

Year Built:

2019


Finances & Disclosures

Finances

Price:

$3,698,000

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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 Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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