738 Lafayette Ave - Apartments FOR SALE


Brooklyn, NY 11221- Bedford-Stuyvesant
$1,650,000 USD
646-765-5109
738 Lafayette Ave, Brooklyn, NY for Sale
$1,650,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

738 Lafayette Ave
Brooklyn, NY 11221
Bedford-Stuyvesant


OVERVIEW

Welcome to 738 Lafayette Avenue, a two-family house in the heart of Bedford-Stuyvesant, offering exceptional versatility for both end-users and investors alike. Whether you're seeking a strong investment in a growing neighborhood or the perfect canvas to design your own home, this property delivers on both fronts. Set on a full 18.75' x 100' lot (1,875 SF) on a picturesque, tree-lined block, the home currently offers approximately 2,138 square feet of usable space, with an additional 1,612 square feet of unused FAR creating meaningful potential for expansion or reconfiguration. Buyers have the flexibility to maintain it as an income-producing two-family, or transform it into a custom single-family or boutique multi-unit residence tailored to their vision. This is a true value-add opportunity, bring your contractor and architect, ideal for those ready to renovate, redesign, and unlock the full potential of the property. Zoned R6 and located within a designated Opportunity Zone, 738 Lafayette further stands out as a strategic long-term investment in one of Brooklyn’s fastest-evolving neighborhoods. Located just moments from Herbert Von King Park and conveniently positioned between the G and J subway lines, the property offers a seamless blend of neighborhood charm and accessibility. Surrounded by local favorites, cafes, and a thriving cultural scene, Bedford-Stuyvesant continues to attract both homeowners and investors alike. Whether you're building your dream home or expanding your portfolio, 738 Lafayette Avenue is a rare opportunity to create something truly special.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$577 USD /SF

# OF UNITS

2

PRICE/UNIT

$825,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

1,972 SF

ZONING

R6B

APN/PARCEL ID

01791-0028

ASK ABOUT THIS PROPERTY

Meylin MaldonadoCompassMore Info
646-765-5109

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Meylin MaldonadoCompassMore Info
646-765-5109

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.