Kings  »  11216  »  Lafayette Ave  »  640 Lafayette Ave

640 Lafayette Avenue, Brooklyn, NY 11216 - Property report

Also known as: 640 Lafayette Ave

Property image for 640 Lafayette Avenue, Brooklyn, NY 11216
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1931

Lot sq. ft.

2,750

Sale price

$3,000,000

General information

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Address
Primary address
640 Lafayette Avenue
ZIP code
11216
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01789-0033

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
7,150
Building dimensions
27.5 ft x 65 ft
Buildings on lot
1
Stories
4
Year built
1931
Last altered
2005
Building material
Sales
Sale date
12/23/2021
Sale price
$3,000,000
Tax
Tax year
2026-2027
Property tax
$88,240
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
16
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
27.5 ft x 100 ft
Lot sq. ft.
2,750

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
91 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
13
Community district
3
Closest police station
0.24 Miles
Closest fire station
0.31 Miles

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Ownership information for 640 Lafayette Avenue, Brooklyn, NY

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

Sales history for 640 Lafayette Avenue, Brooklyn, NY 11216

Sale date Sale price Buyer name Seller name
12/23/2021 $3,000,000 XXX XXX XXX XXXXX & XXXXXXX XXXXXXXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/20/2022 - R Initial UCC1
(2022011300523006)
XXX XXX XXX XXX XXXX XXXXXXXXX XXXX
01/13/2022 - R UCC3 Termination
(2022011300635001)
XXXXX XXXXXXX XXXXXXXXXX XXX XXXXX XXXXX XXXX XX
01/20/2022 - R
12/23/2021 - D
Assignment of Leases and Rents
(2022011300523005)
XXX XXX XXX XXX XXXX XXXXXXXXX XXXX
01/20/2022 - R
12/23/2021 - D
Agreement
(2022011300523004)
XXX XXX XXX XXX XXXX XXXXXXXXX XXXX
01/20/2022 - R
12/23/2021 - D
Mortgage
(2022011300523003)
XXX XXX XXX XXX XXXX XXXXXXXXX XXXX
01/20/2022 - R
12/23/2021 - D
Deed
(2022011300523001)
XXXXX XXXXXXX XXXXXXXXXX XXX XXX XXX XXX
01/20/2022 - R
11/04/2021 - D
Assignment, Mortgage
(2022011300523002)
XXXXX XXXXX XXXX XX XXX XXXX XXXXXXXXX XXXX
03/05/2019 - R UCC3 Assignment
(2019030401187002)
XXXXX XXXXXXX XXXXXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
03/05/2019 - R
02/12/2019 - D
Assignment, Mortgage
(2019030401187001)
XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
11/13/2018 - R
11/05/2018 - D
Satisfaction of Mortgage
(2018110800245001)
XXXXX XXXXXXX XXXXXXXXXX XXX XXXXXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 640 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
$88,240
Municipal exemptions
Recent tax assessments
Market value
$2,046,000
Assessed value
$920,700

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 $1,815,000 $816,750 $616,140 12.439% $76,642 $76,642 +10.61%
2024/25 $1,480,000 $666,000 $554,310 12.5% $69,289 $69,289 +8.86%
2023/24 $1,392,000 $626,400 $509,110 12.502% $63,649 $63,649 +10.62%
2022/23 $1,149,000 $517,050 $469,030 12.267% $57,536 $57,536 +3.74%
2021/22 $1,010,000 $454,500 $453,280 12.235% $55,459 $55,459 +2.19%
2020/21 $1,128,000 $507,600 $442,390 12.267% $54,268 $54,268 +3.55%
2019/20 $1,100,000 $495,000 $420,180 12.473% $52,409 $52,409 -1.00%
2018/19 $1,064,000 $478,800 $419,760 12.612% $52,940 $52,940 +4.89%
2017/18 $974,000 $438,300 $396,810 12.719% $50,470 $50,470 +5.76%
2016/17 $889,000 $400,050 $370,150 12.892% $47,720 $47,720 +8.45%

Permit information for 640 Lafayette Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/22/2020 Alteration
01/12/2020 Alteration
01/10/2020 Alteration
12/26/2019 Alteration type 2
03/16/2018 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/03/2008 Ll6291-local law 62/91 - boilers
01/19/2007 Ll6291-local law 62/91 - boilers
01/31/2005 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

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

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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 SW Corner
Station lines
G
Distance (miles)
0.113

Access the detailed traffic volume map for 640 Lafayette Avenue, Brooklyn, NY 11216 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

Frequently asked questions

What is the year built for 640 Lafayette Avenue, Brooklyn, NY 11216?

The development at 640 Lafayette Avenue, Brooklyn, NY 11216 was built in 1931.

What is the total square footage of 640 Lafayette Avenue, Brooklyn, NY 11216?

640 Lafayette Avenue, Brooklyn, NY 11216 has a total of 7,150 square feet.

When was 640 Lafayette Avenue, Brooklyn, NY 11216 last sold and what was the sale price?

640 Lafayette Avenue, Brooklyn, NY 11216 was last sold on 12/23/2021 for $3,000,000.

What is the assessed value of 640 Lafayette Avenue, Brooklyn, NY 11216?

640 Lafayette Avenue, Brooklyn, NY 11216 is currently assessed at $920,700.

What are the property taxes for 640 Lafayette Avenue, Brooklyn, NY 11216?

The property taxes for 640 Lafayette Avenue, Brooklyn, NY 11216 total $88,239.

How many residential units does this building have?

This building has 16 residential unit(s).

Disclaimer

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