New York City » 11221 » Lafayette Ave » 702 Lafayette Ave

702 Lafayette Avenue, Brooklyn, NY 11221 - Property report

Also known as: 702 Lafayette Ave

Property image for 702 Lafayette Avenue, Brooklyn, NY 11221

Property type

Three Families (C0)

Year built

1931

Lot sq. ft.

1,080

Sale price

$1,450,000

General information

Address

Primary address

702 Lafayette Avenue

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01791-0011

Building

Property type

Three Families (C0)

Building sq. ft.

3,760

Building dimensions

20 ft x 45.02 ft

Buildings on lot

Stories

Year built

1931

Last altered

2004

Building material

Stone

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

03/26/2019

Sale price

$1,450,000

Tax

Tax year

2026-2027

Property tax

$9,362

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

54 ft x 20 ft

Lot sq. ft.

1,080

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

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

Ownership

Ownership information for 702 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 702 Lafayette Avenue, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
03/26/2019	$1,450,000	XXXXXX, XXXXXX X	XXXX XXX
04/17/2018	$1,035,000	XXXXXXX, XXXXXX	XXXX, XXXXXX
08/20/2007	$735,000	XXXX, XXXXXX	XXXXXX XXXXXXX XXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/10/2019 - R	UCC3 Termination (2019060600449003)	XXXX XXX	XXXXXXXXX XXXXXXX XXX
04/04/2019 - R 03/26/2019 - D	Mortgage (2019040400659002)	XXXXXX XXXXXX X	XXXX
04/04/2019 - R 03/26/2019 - D	Deed (2019040400659001)	XXXX XXX	XXXXXX XXXXXX X
06/10/2019 - R 03/25/2019 - D	Termination of Assign of L&R (2019060600449002)	XXXXXXXXX XXXXXXX XXX	XXXX XXX
06/10/2019 - R 03/25/2019 - D	Satisfaction of Mortgage (2019060600449001)	XXXX XXX	XXXXXXXXX XXXXXXX XXX
03/07/2019 - R	UCC3 Assignment (2019030601123001)	XXXX XXX	XX XX XXXXXXX XX XXX
03/07/2019 - R 02/26/2019 - D	Assignment, Mortgage (2019030601123003)	XX XX XXXXXXX XX XXX	XXXXXXXXX XXXXXXX XXX
03/07/2019 - R 02/26/2019 - D	Asgn of Asgn of L&R (2019030601123002)	XX XX XXXXXXX XX XXX	XXXXXXXXX XXXXXXX XXX
12/28/2018 - R 12/10/2018 - D	Termination of Assign of L&R (2018122701044001)	XX XX XXXXXXX XX XXX	XXXXXXXX XXXXXX XX XXX
06/11/2018 - R 05/24/2018 - D	Assignment, Mortgage (2018060300032002)	XX XX XXXXXXX XX XXX	XXXXXXXX XXXXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 702 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

$9,362

Municipal exemptions

Recent tax assessments

Market value

$2,356,000

Assessed value

$141,360

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	$2,705,000	$162,300	$44,509	19.843%	$8,832	$8,832	+4.72%
2024/25	$2,296,000	$137,760	$41,990	20.085%	$8,434	$8,434	+2.31%
2023/24	$2,549,000	$152,940	$41,040	20.085%	$8,243	$8,243	-1.10%
2022/23	$2,246,000	$134,760	$41,040	20.309%	$8,335	$8,335	+6.19%
2021/22	$1,734,000	$104,040	$39,316	19.963%	$7,849	$7,849	+0.55%
2020/21	$1,746,000	$104,760	$37,091	21.045%	$7,806	$7,806	+5.39%
2019/20	$1,693,000	$101,580	$34,992	21.167%	$7,407	$7,407	+3.53%
2018/19	$1,511,000	$90,660	$34,200	20.919%	$7,154	$7,154	+2.62%
2017/18	$958,000	$57,480	$34,200	20.385%	$6,972	$6,972	+6.44%
2016/17	$787,000	$47,220	$32,763	19.991%	$6,550	$6,550	+8.37%

Permits

Permit information for 702 Lafayette Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
11/13/2019	Alteration

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	11/27/2024	I
	04/17/2024	A
	11/21/2023	I

*Most recent HPD violations on record for this property.

Neighborhood

Bedford residential market stats

Access a detailed real estate market overview of Bedford so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Bedford 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

Nostrand Ave & Lafayette Ave at NW Corner

Station lines

Distance (miles)

0.352

View subway map

Access the detailed traffic volume map for 702 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. 25 Eubie Blake School	3	Yes	Public	PK, K-5	60	0.23
P.S. 25 Eubie Blake School	3	Yes	Public	PK, K-5	60	0.23
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.11
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.11
George H Murray Christian Academy	NR	No	Private	PK, K-8	81	0.11
George H Murray Christian Academy	NR	No	Private	PK, K-8	81	0.11
P.S. 256 Benjamin Banneker	3	No	Public	PK, K-5	202	0.20
P.S. 256 Benjamin Banneker	3	No	Public	PK, K-5	202	0.20
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.23
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.30

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.11
George H Murray Christian Academy	NR	No	Private	PK, K-8	81	0.11
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.23
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.30
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.31
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.32
Dr CR Johnson Christian Academy	NR	No	Private	PK, K-4, 6-8	0	0.32
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.36
Brooklyn East Collegiate Charter School	7	No	Charter	8	66	0.42
P.S. 368	NR	No	Public	PK, K-12	220	0.44

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.11
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.30
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.31
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.32
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.36
Brooklyn Academy High School	NR	No	Public	10-12	82	0.42
Bedford Stuyvesant Prepretory High School	NR	No	Public	10-12	102	0.44
P.S. 368	NR	No	Public	PK, K-12	220	0.44
Ember Charter School	7	No	Charter	K-12	423	0.54
Talmud Torah Dnitra	NR	No	Private	PK, K-12	500	0.54

Frequently asked questions

What is the year built for 702 Lafayette Avenue, Brooklyn, NY 11221?

The development at 702 Lafayette Avenue, Brooklyn, NY 11221 was built in 1931.

What is the total square footage of 702 Lafayette Avenue, Brooklyn, NY 11221?

702 Lafayette Avenue, Brooklyn, NY 11221 has a total of 3,760 square feet.

When was 702 Lafayette Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

702 Lafayette Avenue, Brooklyn, NY 11221 was last sold on 03/26/2019 for $1,450,000.

What is the assessed value of 702 Lafayette Avenue, Brooklyn, NY 11221?

702 Lafayette Avenue, Brooklyn, NY 11221 is currently assessed at $141,360.

What are the property taxes for 702 Lafayette Avenue, Brooklyn, NY 11221?

The property taxes for 702 Lafayette Avenue, Brooklyn, NY 11221 total $9,361.

How many residential units does this building have?

This building has 3 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.