Kings  »  11221  »  Lafayette Ave  »  703 Lafayette Ave

703 Lafayette Avenue, Brooklyn, NY 11221 - Property report

Also known as: 703 Lafayette Ave

Property image for 703 Lafayette Avenue, Brooklyn, NY 11221
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Property type

Over Six Families without Stores (C1)

Year built

2017

Lot sq. ft.

2,000

Sale price

$375,000

General information

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Address
Primary address
703 Lafayette Avenue
ZIP code
11221
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01786-0070

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
5,595
Building dimensions
20 ft x 65 ft
Buildings on lot
1
Stories
4
Year built
2017
Last altered
2021
Building material
Sales
Sale date
02/07/2016
Sale price
$375,000
Tax
Tax year
2026-2027
Property tax
$61,184
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
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
16
Community district
3
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 703 Lafayette Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 703 Lafayette Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
02/07/2016 $375,000 XXX XXXXXXXXX XXX XXX XXX X XXXXXXXXXX XXX
07/02/2014 $465,000 XXX X XXXXXXXXXX XXX XXXXXXX, XXXXX XXX XXXXXX-XXXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/11/2023 - R
12/04/2023 - D		 Assignment, Mortgage
(2023120800637002)		 XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
12/11/2023 - R
12/04/2023 - D		 Assignment, Mortgage
(2023120800637001)		 XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/10/2023 - R UCC3 Termination
(2023010900923002)		 XXX XXXXXXXXX XXX XXX XXXXXX XXXXXX XXXXXXX XXX
01/10/2023 - R UCC3 Termination
(2023010900923001)		 XXX XXXXXXXXX XXX XXX XXXXXX XXXXXX XXXXXXX XXX
01/10/2023 - R
01/05/2023 - D		 Assignment of Leases and Rents
(2023010900805005)		 XXX XXXXXXXXX XXX XXX XXXXX XXXXXXXX XXXX
01/10/2023 - R
01/05/2023 - D		 Agreement
(2023010900805004)		 XXX XXXXXXXXX XXX XXX XXXXX XXXXXXXX XXXX
01/10/2023 - R
01/05/2023 - D		 Assignment, Mortgage
(2023010900805003)		 XXXXXX XXXXXX XXXXXXX XXX XXXXX XXXXXXXX XXXX
01/10/2023 - R
01/05/2023 - D		 Assignment, Mortgage
(2023010900805002)		 XXXXXX XXXXXX XXXXXXX XXX XXXXX XXXXXXXX XXXX
01/19/2023 - R
01/03/2023 - D		 Termination of Assign of L&R
(2023010900882004)		 XXXXXX XXXXXX XXXXXXX XXX XXX XXXXXXXXX XXX XXX
01/19/2023 - R
01/03/2023 - D		 Termination of Assign of L&R
(2023010900882003)		 XXXXXX XXXXXX XXXXXXX XXX XXX XXXXXXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 703 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
$61,184
Municipal exemptions
Recent tax assessments
Market value
$1,847,000
Assessed value
$831,150

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 $1,655,000 $744,750 $489,807 12.439% $60,927 $60,927 -0.10%
2024/25 $1,379,000 $620,550 $487,899 12.5% $60,987 $60,987 -0.02%
2023/24 $1,177,000 $529,650 $487,899 12.502% $60,997 $60,997 +2.07%
2022/23 $1,157,000 $520,650 $487,160 12.267% $59,760 $59,760 +2181.78%
2021/22 $125,800 $56,610 $21,407 12.235% $2,619 $2,619 +7.71%
2020/21 $122,104 $54,947 $19,821 12.267% $2,431 $2,431 +6.22%
2019/20 $122,104 $54,947 $18,353 12.473% $2,289 $2,289 +133.18%
2018/19 $100,000 $45,000 $7,784 12.612% $982 $982 -33.19%
2017/18 $235,000 $14,100 $7,208 20.385% $1,469 $1,469 +8.09%
2016/17 $609,000 $36,540 $6,800 19.991% $1,359 $1,359 +2.23%
Permits

Permit information for 703 Lafayette Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/19/2021 Alteration
03/15/2021 Alteration
03/02/2021 Alteration
12/09/2020 Alteration
03/02/2020 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 other optional
03/20/2020 P-plumbing none
06/04/2019 C-construction

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Nostrand Ave & Lafayette Ave at NW Corner
Station lines
G
Distance (miles)
0.352
View subway map

Access the detailed traffic volume map for 703 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 703 Lafayette Avenue, Brooklyn, NY

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 358 Kosciuszko St, Brooklyn 705 Lafayette Ave, Brooklyn 347 Throop Ave, Brooklyn 707 Lafayette Ave, Brooklyn 308 Kosciuszko St, Brooklyn 709 Lafayette Ave, Brooklyn 719 Lafayette Ave, Brooklyn 737 Lafayette Ave, Brooklyn

Nearby ZIP codes for 703 Lafayette Avenue, Brooklyn, NY

11101, New York City, NY 11104, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY 11379, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 703 Lafayette Avenue, Brooklyn, NY 11221?

The development at 703 Lafayette Avenue, Brooklyn, NY 11221 was built in 2017.

What is the total square footage of 703 Lafayette Avenue, Brooklyn, NY 11221?

703 Lafayette Avenue, Brooklyn, NY 11221 has a total of 5,595 square feet.

When was 703 Lafayette Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

703 Lafayette Avenue, Brooklyn, NY 11221 was last sold on 02/07/2016 for $375,000.

What is the assessed value of 703 Lafayette Avenue, Brooklyn, NY 11221?

703 Lafayette Avenue, Brooklyn, NY 11221 is currently assessed at $831,150.

What are the property taxes for 703 Lafayette Avenue, Brooklyn, NY 11221?

The property taxes for 703 Lafayette Avenue, Brooklyn, NY 11221 total $61,183.

How many residential units does this building have?

This building has 8 residential unit(s).

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