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    709 Lafayette Ave Brooklyn, NY 11221

    For Sale
    $4,500,000

    Multi-Unit (5+) - Brooklyn, NY

    Property size:
    21,300 SF
    Lot size:
    0.23 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for 709 Lafayette Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    10-000.000-1786-064.000
    Parking features
    Garage
    Size
    21,300 SF
    Lot size
    0.23 Acres

    Building Details

    Year built
    1910
    Year renovated
    1910
    Architectural style
    Other

    MYC & ASSOCIATES INC

    Listing agent Marc Yaverbaum

    Listing date Oct 16, 2025

    MLS# 11591469 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Multi-Unit Investment Opportunity

    This property, located in the Bedford-Stuyvesant neighborhood of Brooklyn, features twenty-four residential units. The building, renovated in 1998, has a total living space of 21,300 square feet and sits on a 9,800 square foot lot (98' x 100'). The property has a non-profit designation and is zoned R6B. There are two vacancies. The gross monthly income is $25,165.95. This property is being sold as part of a package with 201 Pulaski St., 335 Franklin Ave., and 327 Franklin Ave. The auction is scheduled for October 22, 2025, at 11:00 a.m. (EST) via Zoom. The bid deadline is October 20, 2025, at 5:00 p.m. (EST). The opening bid is $4,500,000, with a required deposit of $450,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Foreverfitclan Personal Trainer Food First HDFC ... Social Services Organization

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.944494
    Latitude
    40.690768

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    FAQs

    What type of property is this?
    Apartment building - 24-unit residential building in Bedford-Stuyvesant, Brooklyn. Auction sale.
    Where is this apartment building located?
    The property is located at 709 Lafayette Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Package deal: Sold as a package with 201 Pulaski St., 335 Franklin Ave., and 327 Franklin Ave.; - Large lot size: **9,800 SF (98' x 100')**; - Twenty-Four (24) Residential Units
    (347) 273-1258
    Request Owner's contact information
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    Brooklyn, NY 11221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    709 Lafayette Ave Brooklyn, NY 11221
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