87 Lafayette Avenue, Unit 1

Fort Greene

$2,150,000
Price
Studio
Beds
1
Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

4.54% Cap Rate. 87 Lafayette Avenue retail condominium presents the opportunity to secure a stabilized commercial investment property with a reliable long term tenant in the valuable Fort Greene Lafayette Avenue retail corridor. The space is occupied by The Quarter, a thriving restaurant headquartered in the West Village, operating their first Brooklyn location (www.quarterbk.com). Situated at the Northwest corner of Lafayette Avenue and South Portland Avenue, the unit is steps away from the Brooklyn...4.54% Cap Rate. 87 Lafayette Avenue retail condominium presents the opportunity to secure a stabilized commercial investment property with a reliable long term tenant in the valuable Fort Greene Lafayette Avenue retail corridor. The space is occupied by The Quarter, a thriving restaurant headquartered in the West Village, operating their first Brooklyn location (www.quarterbk.com). Situated at the Northwest corner of Lafayette Avenue and South Portland Avenue, the unit is steps away from the Brooklyn Academy of Music, the Barclays Center and Fort Greene Park. The area is constantly buzzing with pedestrian traffic. Nearby transportation includes the C train one block away and 2/3/4/5/N/Q/R/B/D/LIRR at Atlantic Terminal. Please inquire for set up with income and expense detail.

Listing Agent

  1. Nick Gavin

    Nick Gavin

    Listing Agent

    Compass

    nick.gavin@compass.com

    P: 646.610.3055

Amenities

  • Common Roof Deck
  • Northern Exposure
  • Southern Exposure
  • Lowrise

Location

Add your commute
LISTING UPDATED: 08/21/2019 09:40 PM

Property Details for 87 Lafayette Avenue, Unit 1

StatusPermanently Off Market
Days on Market72
Taxes$75 / month
Common Charges$250 / month
Min. Down Pymt10%
Total Rooms1.0
Compass TypeCondo
MLS TypeCondo
Year Built1901
CountyKings County

Building

87 Lafayette Ave

3 Units3 StoriesBuilt in 1901

Location

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Building Information for 87 Lafayette Avenue, Unit 1

Building/Complex87 Lafayette AveFloor-Stories3Residences3Pet Policy-Year Built1901Building AgePre-warBuilding TypeLowrise

Payment Calculator

$13,525 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,200

Property Taxes

$75

Maintenance/Common Charges

$250

The Payment Calculator is for illustrative purposes only.

Property History for 87 Lafayette Avenue, Unit 1

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 87 Lafayette Avenue, Unit 1

Taxable ValueLand$4,274Additions$322,925Total$327,199
Home Facts
Total Finished SqFt960 SqFtLot Size1,600 SqFtYear Built1901ZoningR6BAPN3020991002

Schools near 87 Lafayette Avenue, Unit 1

This home is within Nyc Geog District #13 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 20 Clinton Hill
PublicPK to 5

Ms 113 Ronald Edmonds Learning Center
Public6 to 8

Brooklyn Technical High School
Public9 to 12

Fort Green Preparatory Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.