Kings » 11221 » Lafayette Ave » 705 Lafayette Ave

705 Lafayette Avenue, Brooklyn, NY 11221 - Property report

Also known as: 705 Lafayette Ave

Property image for 705 Lafayette Avenue, Brooklyn, NY 11221

Property type

Over Six Families without Stores (C1)

Year built

2019

Lot sq. ft.

2,000

Sale price

$4,500,000

General information

Address

Primary address

705 Lafayette Avenue

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01786-0069

Building

Property type

Over Six Families without Stores (C1)

Building sq. ft.

5,446

Building dimensions

20 ft x 64 ft

Buildings on lot

Stories

Year built

2019

Building material

Sales

Sale date

09/15/2022

Sale price

$4,500,000

Tax

Tax year

2026-2027

Property tax

$58,166

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

20 ft x 100 ft

Lot sq. ft.

2,000

Area overview

Walk score

89 /100. Very Walkable

Transit score

93 /100. Rider's Paradise

Bike score

85 /100. Very Bikeable

School district

Community district

Closest police station

0.12 Miles

Closest fire station

0.38 Miles

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

Ownership

Ownership information for 705 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 705 Lafayette Avenue, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
09/15/2022	$4,500,000	XXXXXXXXX XXXXXX XX X X X	XXX XXXXXXXXX XXX
02/01/2017	$900,000	XXX XXXXXXXXX XXX	XXXXX, XXXXX XXX XXXXX, XXXXX XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/30/2025 - R	UCC3 Termination (2025121900700028)	XXXXXXXXX XXXXXX X X X	XXXXXXX XXX XXXXXXXXXXX X X
12/30/2025 - R 12/15/2025 - D	Termination of Assign of L&R (2025121900700015)	XXXXXXX XXX XXXXXXXXXXX X X	XXXXXXXXX XXXXXX X X X
12/23/2025 - R 12/15/2025 - D	Assignment, Mortgage (2025121600124024)	XXXXXX XXXXXX XXX	XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
12/23/2025 - R 12/15/2025 - D	Agreement (2025121600124023)	XXXXXXXXX XXXXXX XXX X X X	XXXXXX XXXXXX XXX
12/23/2025 - R 12/15/2025 - D	Assignment, Mortgage (2025121600124016)	XXXXXXX XXX XXXXXXXXXXX X X	XXXXXX XXXXXX XXX
02/10/2023 - R	Initial UCC1 (2023020800166006)	XXXXXXXXX XXXXXX X X X	XXXXXXX XXX XXXXXXXXXXX X X
10/12/2023 - R 02/01/2023 - D	Correction Deed (2023100900051003)	XXXXXXXXX XXXXXX XX X X X	XXXXXXXXX XXXXXX X X X
02/10/2023 - R 02/01/2023 - D	Assignment of Leases and Rents (2023020800166005)	XXXXXXXXX XXXXXX X X X	XXXXXXX XXX XXXXXXXXXXX X X
02/10/2023 - R 02/01/2023 - D	Mortgage (2023020800166004)	XXXXXXXXX XXXXXX X X X	XXXXXXX XXX XXXXXXXXXXX X X
02/10/2023 - R 02/01/2023 - D	Deed (2023020800166003)	XXXXXXXXX XXXXXX XX X X X	XXXXXXXXX XXXXXX X X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 705 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

Property tax

$58,166

Municipal exemptions

Recent tax assessments

Market value

$1,798,000

Assessed value

$809,100

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	$1,610,000	$724,500	$467,612	12.439%	$58,166	$58,166	-0.49%
2024/25	$1,341,600	$603,720	$467,612	12.5%	$58,452	$58,452	+0.57%
2023/24	$1,118,000	$503,100	$464,869	12.502%	$58,118	$58,118	+22.39%
2022/23	$1,013,476	$456,064	$387,101	12.267%	$47,486	$47,486	+153.28%
2021/22	$521,000	$234,450	$153,229	12.235%	$18,748	$18,748	+1102.27%
2020/21	$211,000	$94,950	$12,712	12.267%	$1,559	$1,559	-37.41%
2019/20	$211,000	$12,660	$11,770	21.167%	$2,491	$2,491	+7.25%
2018/19	$1,244,000	$74,640	$11,104	20.919%	$2,323	$2,323	+3.49%
2017/18	$965,000	$57,900	$11,011	20.385%	$2,245	$2,245	+8.08%
2016/17	$715,000	$42,900	$10,389	19.991%	$2,077	$2,077	+8.37%

Permits

Permit information for 705 Lafayette Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
12/09/2020	Alteration
12/09/2020	Alteration
12/09/2020	Alteration
11/10/2020	Alteration
10/19/2020	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	03/20/2020	C-construction
	03/20/2020	C-construction
	02/05/2020	Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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

Nostrand Ave & Lafayette Ave at NW Corner

Station lines

Distance (miles)

0.356

View subway map

Access the detailed traffic volume map for 705 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

Neighbors for 705 Lafayette Avenue, Brooklyn, NY

703 Lafayette Ave, Brooklyn 727 Lafayette Ave, Brooklyn 765 Lafayette Ave, Brooklyn 349 Throop Ave, Brooklyn 322-328 Kosciuszko St, Brooklyn 729 Lafayette Ave, Brooklyn 252 Kosciuszko St, Brooklyn 723 Lafayette Ave, Brooklyn 245 Tompkins Ave, Brooklyn 345 Throop Ave, Brooklyn 347 Throop Ave, Brooklyn 707 Lafayette Ave, Brooklyn 308 Kosciuszko St, Brooklyn 709 Lafayette Ave, Brooklyn 741 Lafayette Ave, Brooklyn 719 Lafayette Ave, Brooklyn 737 Lafayette Ave, Brooklyn

Frequently asked questions

What is the year built for 705 Lafayette Avenue, Brooklyn, NY 11221?

The development at 705 Lafayette Avenue, Brooklyn, NY 11221 was built in 2019.

What is the total square footage of 705 Lafayette Avenue, Brooklyn, NY 11221?

705 Lafayette Avenue, Brooklyn, NY 11221 has a total of 5,446 square feet.

When was 705 Lafayette Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

705 Lafayette Avenue, Brooklyn, NY 11221 was last sold on 09/15/2022 for $4,500,000.

What is the assessed value of 705 Lafayette Avenue, Brooklyn, NY 11221?

705 Lafayette Avenue, Brooklyn, NY 11221 is currently assessed at $809,100.

What are the property taxes for 705 Lafayette Avenue, Brooklyn, NY 11221?

The property taxes for 705 Lafayette Avenue, Brooklyn, NY 11221 total $58,166.

How many residential units does this building have?

This building has 8 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.