724 Lafayette Avenue
Description
This is a tale of an innovator who teamed up with a seasoned developer to re-imagined a beautiful home in the heart of BedStuy. They were both very excited to build a house that was unique to the marketplace and thus was born this double duplex townhouse at 724 Lafayette. This was a home that would push past the standard model, a home for friends to live together, a home for family, for in-laws.
The innovator and developer knew that...The story of 724 Lafayette Avenue where Innovator meets Developer.
This is a tale of an innovator who teamed up with a seasoned developer to re-imagined a beautiful home in the heart of BedStuy. They were both very excited to build a house that was unique to the marketplace and thus was born this double duplex townhouse at 724 Lafayette. This was a home that would push past the standard model, a home for friends to live together, a home for family, for in-laws.
The innovator and developer knew that each unit needed to be equally proportioned with two bedrooms and two and a half bathrooms, but as a bonus, they gave the lower duplex the cellar as well. They also realized that the apartments needed to be unique and with the help of the German Kitchen Center, they were able to build two different living spaces - each with its own special nuances. But both kitchens were outfitted with Bosch and Fisher Paykal appliances. The bathrooms were also well-appointed with porcelena tiling and delta fixtures as well as dual-flush commodes. The innovator and developer understood that natural light was of utmost importance and thus added huge floor to ceiling windows/doors and double-wide windows wherever possible. None of the finishes were overlooked, rather they were meticulously mapped out.
They envisioned the possibilities with this townhouse. Buyers could purchase a house to grow into with rental income that would render the monthlies lower than any nearby two-bedroom condo. Or families with adult children could live harmoniously together in the same house. Or friends down the hall could decide to continue living together. So many possibilities.
The innovator also understood the value of being down the street from Herbert Von King Park and in close proximity to the G train which when coupled with the E would get the buyer to midtown in 30 minutes. He also frequented the establishments on Tompkins such as Bar Camilo and Eugene and Co. He watched as the area continued to transform with Lincoln Markets opening on Marcy. And he knew, he knew that this was a house that would find the right buyer(s) quickly.
We estimate that the top unit would be able to rent for $3,800-$4,000.
Listing Agent
![Tali Berzak]()
tali@compass.comP: (917)-246-8581
Amenities
- Primary Ensuite
- Private Terrace
- Private Yard
- Patio
- Deck
- Hardwood Floors
- Floor to Ceiling Windows
- Oversized Windows
Property Details for 724 Lafayette Avenue
| Status | Sold |
|---|---|
| Days on Market | 258 |
| Taxes | $382 / month |
| Maintenance | - |
| Min. Down Pymt | 20% |
| Total Rooms | 12.0 |
| Compass Type | Townhouse |
| MLS Type | Single Family |
| Year Built | 1931 |
| Lot Size | 1,875 SF / 19' x 100' |
| County | Kings County |
| Buyer's Agent Compensation | 2.5% |
Building
724 Lafayette Ave
Location
Virtual Tour
Building Information for 724 Lafayette Avenue
Payment Calculator
$10,782 per month
30 year fixed, 6.845% Interest
$10,400
$382
$0
Property History for 724 Lafayette Avenue
| Date | Event & Source | Price |
|---|---|---|
| 07/01/2021 | Sold Manual | $1,985,000 |
| 04/08/2021 | Contract Signed Manual | — |
| 10/06/2020 | Listed (Active) Manual | $2,195,000 |
| 10/06/2020 | Exclusive Expired Manual | — |
| 07/24/2020 | Listed (Active) Manual | $2,195,000 |
| 07/13/2020 | Permanently Off Market Manual | $2,195,000 |
| 05/22/2020 | Listed (Active) Manual | $2,199,999 |
| 04/25/2018 | Sold BKMLS #417469 | $850,000 |
| 04/25/2018 | Contract Signed BKMLS #417469 | — |
| 04/25/2018 | $853,400 | |
| 01/29/2018 | Listed (Active) BKMLS #417469 | $714,000 |
| 08/31/2015 | Sold Manual | $500,000 |
| 05/19/2015 | Price Change Manual | $500,000 |
| 04/06/2015 | Listed (Active) Manual | $309,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 724 Lafayette Avenue
Schools near 724 Lafayette Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 25 Eubie Blake School PublicPK to 5 | ||
Jhs 57 Whitelaw Reid Public6 to 8 | ||
The Brooklyn Academy Of Global Finance Public9 to 12 | ||
Ms 267 Math Science And Technology Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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