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571 Lafayette Avenue
571 Lafayette Avenue
571 Lafayette Avenue
571 Lafayette Avenue
571 Lafayette Avenue
571 Lafayette Avenue
571 Lafayette Avenue
571 Lafayette Avenue
571 Lafayette Avenue
571 Lafayette Avenue
571 Lafayette Avenue
571 Lafayette Avenue
571 Lafayette Avenue
571 Lafayette Avenue
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$3,698,000

571 Lafayette Avenue

7 Beds 6 Baths

Description

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--cafes, parks, restaurants, and cultural landmarks, 571 Lafayette Avenue offers the perfect combination of lifestyle appeal and investment performance.

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Location

571 Lafayette Avenue, Brooklyn, NY 11205

Status

For Sale

Property Amenities

Interior
Laundry room Common On Floor
Appliances Dishwasher
Flooring Hardwood
Total Bedrooms: 7
Full Bathrooms: 6
Area & Lot
Total area 3,696 Sq.Ft.
Lot Area 1,600 Sq.Ft.
MLS® ID RLS20031241
Year Built 2019
Lifestyles New Construction, Metropolitan
Type Multi-Family
Status For Sale
Exterior
Stories 4
Air conditioning Central Air
Other Exterior Features Building Garden, Balcony, Garden, Private Outdoor Space Over 60 Sqft
Finance
Sales Price $3,698,000
Buyer Agency Compensation 2.5%
Real Estate Tax $8,688 yearly

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LISTING AGENT

Natalia Correa

Brooklyn Real Estate Advisor | Sotheby’s International Realty

With over a decade of experience in NYC real estate, I help clients make smart, strategic moves—whether buying their first home, selling for top dollar, or investing in prime properties. My approach is personalized, data-driven, and always focused on your goals.
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Brooklyn