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    525 W Lafayette Blvd, Unit 19A Detroit, MI 48226

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    For Sale
    $419,000

    Stunning condo with skyline views, top-tier finishes, and NEZ tax benefits.

    Property size:
    1,408 SF

    Property Features for 525 W Lafayette Blvd

    General Information

    Size
    1,408 SF

    Building Details

    Year built
    1918

    Source: Keller Williams Realty Agent Christy Brown Ambrose

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Luxury Corner Unit with Skyline Views

    This brand-new corner unit offers unparalleled luxury with northeast-facing views of the Detroit skyline. The interior features a top-tier finish package, including hardwood floors, quartz countertops, and stainless-steel appliances in the kitchen. Both bathrooms are elegantly appointed with stone tiling and granite counters. The residence is located within a meticulously restored 1927 Albert Kahn-designed tower, comprising only 56 exclusive residences. Building amenities include a private residential lobby with 24/7 concierge service, a fitness center, and on-site dining options such as a bar and a coffee shop serving Starbucks. The property benefits from low NEZ property taxes until 2033. The unit includes one assigned parking space that fits two cars. This move-in-ready condo of 1408 square feet combines timeless elegance with modern comfort, presenting a rare opportunity for both investors and owner-occupants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DoubleTree Suites by ... Hotel Motor City Kitchen Restaurant Round Bar Bar Phat Fingers Restaurant Phat Fingers Korean ... Korean Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.052906
    Latitude
    42.329131

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    FAQs

    What type of property is this?
    Apartment building - Stunning condo with skyline views, top-tier finishes, and NEZ tax benefits.
    Where is this apartment building located?
    The property is located at 525 W Lafayette Blvd, Unit 19A Detroit, MI.
    What is the asking price?
    The asking price for this property is $419,000.
    What are key features of this property?
    This property features: - Unparalleled views of the Detroit skyline from a northeast-facing corner unit, the only one of its kind.; - Located in a meticulously restored 1927 Albert Kahn-designed tower with only 56 exclusive residences.; - Top-tier finish package including hardwood floors, quartz countertops, stainless-steel appliances, stone tiling, and granite counters.
    (248) 348-3000
    Request Owner's contact information
    525 W Lafayette Blvd, Unit 19A Detroit, MI 48226
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    Detroit, MI 48226
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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
    525 W Lafayette Blvd, Unit 19A Detroit, MI 48226
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