#RLS20011960, Daniel Kandinov, Listing office: Corcoran Group
#RLS20031241·
Listing office: Sothebys International Realty·
Listing agent: Natalia Correa·
Listing agent phone: (646) 770-5583·
Listing office phone: (212) 606-7660
$3,698,000 List price
571 Lafayette Ave New York City, NY 11205
7 beds
6 full
Multi-Family
Property details
About 571 Lafayette Ave
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.
Highlights
Home typeMulti Family
StatusActive
CoolingCentral Air
Year built2019
MLS #RLS20031241
Summary
- Full Bathrooms: 6
- Appliances: Dishwasher
- Flooring Type: Hardwood
- Total Bedroom Count: 7
- Exterior: Building Garden, Balcony, Garden, Private Outdoor Space Over 60 Sqft
- Cooling: Central Air
- List Price: $3,698,000
- HOA Amount: $0 Monthly
- Year Built: 2019
- MLS Number: RLS20031241
- MLS Name: RLS
- Office Name: Sothebys International Realty
- Office Phone: (212) 606-7660
- Listing Agent: Natalia Correa
- Agent Phone: (646) 770-5583
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumers' consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/13/2025, 5:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
3
P.S. 256 Benjamin Banneker School
Public District KG-6
0.1 mi
•114 Kosciuszko St
4
P.S. 54 Samuel C. Barnes School
Public Magnet PK-5
0.2 mi
•195 Sandford St
5
P.S. 23 Carter G. Woodson School
Public District KG-5
0.4 mi
•545 Willoughby Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,000. Typical income of New York City, NY residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
57%
<35k
22%
35k-100k
19%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
75%
Single, No Kids
12%
Single, with Kids
8%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
5%
12-17 yrs old
32%
18-34 yrs old
30%
35-64 yrs old
27%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
H&M
Banana Republic
IKEA
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Quiznos
What do the neighbors drive?
Volkswagen
Toyota
Lexus
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 571 Lafayette Ave
The listing price of 571 Lafayette Ave property is $3,698,000.
The property 571 Lafayette Ave is a multi located in New York City, New York, 11205.
Active Listing: 571 Lafayette Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 571 Lafayette Ave are: P.S. 256 Benjamin Banneker School (GreatSchools Rating 3/10), P.S. 54 Samuel C. Barnes School (GreatSchools Rating 4/10), P.S. 23 Carter G. Woodson School (GreatSchools Rating 5/10), Brooklyn East Collegiate Charter School (GreatSchools Rating 7/10), Academy of Arts and Letters (GreatSchools Rating 6/10), Community Partnership Charter School (GreatSchools Rating 7/10), Bedford Academy High School (GreatSchools Rating 9/10), Brooklyn High School for Leadership and Community Service (GreatSchools Rating 1/10), Unity Preparatory Charter School of Brooklyn (GreatSchools Rating 6/10).
The year of construction for 571 Lafayette Ave is 2019.
This home is located at 571 Lafayette Ave in New York City, NY and zip code 11205 in the Bedford neighborhood. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 17, 2025 and is currently priced at $3,698,000.
In June 2025, from all listings sold in New York City, NY there were more than 232 sold above asking price, over 715 sold below and more than 1007 were sold right at the asked price. Between May and June 2025, New York City, NY real estate market has seen decrease in the number of listings by 4.3%. The median list price of listings available in June 2025 was $881,252, while the average time on the real estate market was 99 days.
From Rocket Homes Real Estate and based on county public records data.