Building
| Type: | Townhouse |
|---|---|
| Era: | Pre-war |
| Floors: | 4 |
Property
| Ownership: | income-property |
|---|---|
| Rooms: | 13 |
| Bedrooms: | 1 BR |
| Bathrooms: | 1 |
| Pets: | Pets Unknown |
FinancialsPrice:$3,698,000Real estate tax:$8,688
DescriptionA 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—cafés, parks, restaurants, and cultural landmarks, 571 Lafayette Avenue offers the perfect combination of lifestyle appeal and investment performance.
Amenities- Balcony
- Private Garden
- Terrace
- Air Conditioning
- Walk-up
NeighborhoodMore listings:
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—cafés, parks, restaurants, and cultural landmarks, 571 Lafayette Avenue offers the perfect combination of lifestyle appeal and investment performance.
- Balcony
- Private Garden
- Terrace
- Air Conditioning
- Walk-up
NeighborhoodMore listings:
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 ...
DescriptionA 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—cafés, parks, restaurants, and cultural landmarks, 571 Lafayette Avenue offers the perfect combination of lifestyle appeal and investment performance.
Amenities- Balcony
- Private Garden
- Terrace
- Air Conditioning
- Walk-up
NeighborhoodMore listings:
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—cafés, parks, restaurants, and cultural landmarks, 571 Lafayette Avenue offers the perfect combination of lifestyle appeal and investment performance.
- Balcony
- Private Garden
- Terrace
- Air Conditioning
- Walk-up
NeighborhoodMore listings:
RLS Data display by Nest Seekers LLC.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
