New York City » 11221 » Lafayette Ave » 981 Lafayette Ave

981 Lafayette Avenue, Brooklyn, NY 11221 - Property report

Also known as: 981 Lafayette Ave

Property image for 981 Lafayette Avenue, Brooklyn, NY 11221

Property type

Four Families (C3)

Year built

1931

Lot sq. ft.

2,000

Sale price

$14,187,500

General information

Address

Primary address

981 Lafayette Avenue

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01607-0068

Building

Property type

Four Families (C3)

Building sq. ft.

4,400

Building dimensions

20 ft x 55 ft

Buildings on lot

Stories

Year built

1931

Last altered

1994

Building material

Stone

Exterior wall

None

Basement

Sales

Sale date

12/20/2019

Sale price

$14,187,500 - M

Tax

Tax year

2026-2027

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Lafayette Avenue (wide)

Distance to wide street

Lot dimensions

20 ft x 100 ft

Lot sq. ft.

2,000

Area overview

Walk score

88 /100. Very Walkable

Transit score

96 /100. Rider's Paradise

Bike score

75 /100. Very Bikeable

School district

Community district

Closest police station

0.45 Miles

Closest fire station

0.26 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 981 Lafayette Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 981 Lafayette Avenue, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
12/20/2019	$14,187,500	XX XXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX	XXXXXXXXXXXXXX X X. XXX XXXXXXXXX XXXXXXX XXXXXXXXXXX XXX XXXXXXXXXX-XXXXXXXX XXXXXXX XXXXXXXXXXX
04/10/2013	$2,544,038	XXXXXXXXXX-XXXXX XXXXXXX XXXXXXXXXXX XXXX XXXX	XXX XXXX XXXXXX XXXX XXXX XXXXXXX XXXXXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/08/2023 - R	UCC3 Assignment (2023120700786006)	XX XXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX	XXXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX
12/08/2023 - R	UCC3 Assignment (2023120700786003)	XX XXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX	XXX XXXXXXXXXXX XX XXXXXXX
07/13/2023 - R 06/23/2023 - D	Agreement (2023071100641004)	XX XXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX	XXX XXXX XX XXX XXXX XXXXXX XX XXX XXXXXXX XXX XX
12/08/2023 - R 05/25/2023 - D	Asgn of Asgn of L&R (2023120700786005)	XXXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX	XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
12/08/2023 - R 05/25/2023 - D	Assignment, Mortgage (2023120700786004)	XXXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX	XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
12/08/2023 - R 05/25/2023 - D	Asgn of Asgn of L&R (2023120700786002)	XXX XXXXXXXXXXX XX XXXXXXX	XXXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX
12/08/2023 - R 05/25/2023 - D	Assignment, Mortgage (2023120700786001)	XXX XXXXXXXXXXX XX XXXXXXX	XXXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX
04/11/2023 - R	UCC3 Termination (2023041100160002)	XX XXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX	XXXXXX XXXX XXXXXXXXXX XXXX XXXXXX XXXXXXXX X XXX
04/11/2023 - R	UCC3 Termination (2023041100160001)	XX XXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX	XXXXXX XXXX XXXXXXXXXX XXXX XXXXXX XXXXXXXX X XXX
03/30/2023 - R	Initial UCC1 (2023032900596001)	XX XXX XXXX XXX	XXX XXXXXXXXXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 981 Lafayette Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Municipal exemptions

Recent tax assessments

Market value

$1,081,000

Assessed value

$486,450

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$901,000	$405,450	$0	12.439%	$15,734	$0	n/a
2024/25	$751,000	$337,950	$0	12.5%	$14,640	$0	n/a
2023/24	$697,000	$313,650	$113,344	12.502%	$14,170	$14,170	n/a
2022/23	$581,000	$261,450	$0	12.267%	$12,874	$0	n/a
2021/22	$464,500	$209,025	$104,949	12.235%	$12,841	$12,841	+7.59%
2020/21	$451,000	$202,950	$97,297	12.267%	$11,935	$11,935	n/a
2019/20	$375,600	$169,020	$0	12.473%	$11,237	$0	n/a
2018/19	$313,000	$140,850	$0	12.612%	$10,996	$0	n/a
2017/18	$278,000	$125,100	$0	12.719%	$10,268	$0	n/a
2016/17	$222,000	$99,900	$0	12.892%	$10,408	$0	n/a

Permits

Permit information for 981 Lafayette Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
01/05/2001	Alteration type 1
12/20/2000	Alteration type 1
04/06/1995	Alteration type 1
04/06/1995	Alteration type 1
08/04/1994	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	07/02/2026	B
	07/02/2026	C
	07/02/2026	C

*Most recent HPD violations on record for this property.

Neighborhood

Stuyvesant Heights residential market stats

Access a detailed real estate market overview of Stuyvesant Heights so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Stuyvesant Heights and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Patchen Ave & Broadway at NE Corner

Station lines

Distance (miles)

0.246

View subway map

Access the detailed traffic volume map for 981 Lafayette Avenue, Brooklyn, NY 11221 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 26 Jesse Owens	4	Yes	Public	PK, K-5	183	0.07
P.S. 26 Jesse Owens	4	Yes	Public	PK, K-5	183	0.07
P.S. 81 Thaddeus Stevens	3	No	Public	PK, K-5	213	0.10
P.S. 81 Thaddeus Stevens	3	No	Public	PK, K-5	213	0.10
P.S. 308 Clara Cardwell	3	No	Public	PK, K-8	212	0.30
P.S. 308 Clara Cardwell	3	No	Public	PK, K-8	212	0.30
Ember Charter School	7	No	Charter	K-12	423	0.30
La Cima Charter School	5	No	Charter	K-5	199	0.30
Uncommon Bed-Stuy East Middle School	7	No	Charter	5-8	342	0.30
Bedford Stuyvesant New Beginnings Charter School	8	No	Charter	K-8	730	0.31

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Jhs 57 Whitelaw Reid	3	No	Public	6-8	100	0.05
Madiba Prep Middle School	6	No	Public	6-8	201	0.07
P.S. 308 Clara Cardwell	3	No	Public	PK, K-8	212	0.30
Ember Charter School	7	No	Charter	K-12	423	0.30
Ms 267 Math Science And Technology	5	No	Public	6-8	149	0.30
Uncommon Bed-Stuy East Middle School	7	No	Charter	5-8	342	0.30
Bedford Stuyvesant New Beginnings Charter School	8	No	Charter	K-8	730	0.31
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.37
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.42
Brooklyn Excelsior Charter School	6	No	Charter	K-8	610	0.45

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Boys and Girls High School	2	Yes	Public	9-12	403	0.95
The Brooklyn Academy Of Global Finance	3	No	Public	9-12	190	0.05
Brooklyn Emerging Leaders Academy Charter School	2	No	Charter	9-12	236	0.05
EBC High School for Public Service-Bushwick	2	No	Public	9-12	445	0.24
Ember Charter School	7	No	Charter	K-12	423	0.30
Bushwick Leaders High School For Academic Excellence	3	No	Public	9-12	370	0.34
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.37
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.53
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.60
Brooklyn High School Law And Tech	3	No	Public	9-12	549	0.68

Neighbors for 981 Lafayette Avenue, Brooklyn, NY

Frequently asked questions

What is the year built for 981 Lafayette Avenue, Brooklyn, NY 11221?

The development at 981 Lafayette Avenue, Brooklyn, NY 11221 was built in 1931.

What is the total square footage of 981 Lafayette Avenue, Brooklyn, NY 11221?

981 Lafayette Avenue, Brooklyn, NY 11221 has a total of 4,400 square feet.

When was 981 Lafayette Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

981 Lafayette Avenue, Brooklyn, NY 11221 was last sold on 12/20/2019 for $14,187,500.

What is the assessed value of 981 Lafayette Avenue, Brooklyn, NY 11221?

981 Lafayette Avenue, Brooklyn, NY 11221 is currently assessed at $486,450.

How many residential units does this building have?

This building has 4 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.