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 roomCommon On Floor
AppliancesDishwasher
FlooringHardwood
Total Bedrooms:7
Full Bathrooms:6
Area & Lot
Total area3,696 Sq.Ft.
Lot Area1,600 Sq.Ft.
MLS® IDRLS20031241
Year Built2019
LifestylesNew Construction, Metropolitan
TypeMulti-Family
StatusFor Sale
Exterior
Stories4
Air conditioningCentral Air
Other Exterior FeaturesBuilding Garden, Balcony, Garden, Private Outdoor Space Over 60 Sqft
Finance
Sales Price$3,698,000
Buyer Agency Compensation2.5%
Real Estate Tax$8,688 yearly
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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.