420 Lafayette Avenue

Townhouse located in Clinton Hill, between Classon Avenue & Franklin Avenue

$2,599,000 ($882 per ft²) | 4 beds, 3.5 baths | Approx. 2,948 ft²

9 days on Market

Townhouse Facts

Year Built: 1899

Minimum Down: 20%

Total Floors: 3

Listed: Oct 24, 2024

Days on Market: 9

Building Type: Townhouse

Neighborhood: Clinton Hill (Brooklyn)

Monthly Real Estate Taxes: $572

Total Taxes & Fees: $572 ($0.19/ft²)

Est. Monthly Mortgage: $13,777

Total Est. Monthly Carrying Cost: $14,349 ($4.87/ft²)

Note: the above is based on a down payment of 20% ($519,800), which is the minimum amount permitted by the building.

Insider Highlights

Prime Location: This beautifully renovated two-family Brownstone townhouse is located in the sought-after neighborhood of Clinton Hill, Brooklyn. It's in close proximity to iconic Fort Greene, BAM, and the Brooklyn Museum, and just steps away from popular eateries, grocery stores, boutiques, yoga studios, and nightlife.
Spacious and Versatile: The generous four-floor family home features a separate newly renovated one-bedroom apartment on the garden level, offering potential for rental income. The property also includes a flexible-use room that can be used as a nursery, office, or additional bedroom, and a finished basement that can be used as a TV den, games room, gym, or storage.
Classic Beauty Meets Modern Comfort: The townhouse blends modern finishes with classic beauty, including original details like decorative fireplaces, high ceilings, intricate moldings, and staircases. The open layout living and dining room boasts tall ceilings, stunning hardwood floors, and an original fireplace.
Light-Filled and Luxurious: The house is bright and airy with large windows at both ends, and the primary bedroom includes a walk-in closet and en-suite bathroom with a large soaking tub.
Gourmet Kitchen and Outdoor Living: The custom chef’s kitchen features double-stacked cabinets, high-quality stainless steel appliances, and ample storage space. The oversized backyard and patio offer ample space for outdoor living.
Affordable and Historic: Built in 1899, the townhouse offers a sense of historic charm. Despite its prime location and luxurious features, it boasts low monthly real estate taxes and fees.

Description

Welcome to 420A Lafayette Street, a beautifully renovated two-family Brownstone townhouse, situated between Franklin and Classon Avenues right on the border of charming Clinton Hill and leafy Bed Stuy, and on the same block as the newly updated subway. Configured as a generous four floor family home with a separate newly renovated one bedroom apartment on the garden level, 420A Lafayette offers buyers the chance to live in one of Brooklyn’s most sought-after neighborhoods - a short distance from iconic Fort Greene, BAM and the Brooklyn Museum - all while generating income from the rental.

The oversized backyard and patio provide fantastic outdoor living spaces. Blending modern finishes with classic beauty, this townhouse balances elegance and character in its numerous original details, including decorative fireplaces, high ceilings, intricate moldings, and staircases.

Upon entering the parlor level, you are greeted by an open layout living and dining room featuring tall ceilings, stunning hardwood floors, and an original fireplace. The home is bright and airy, with large windows at both ends of the house. The custom chef’s kitchen boasts double-stacked cabinets, high-quality stainless steel appliances, and ample storage space.

The second floor includes a primary bedroom with a walk-in closet and en-suite bathroom featuring a large soaking tub, along with a flexible-use room for a nursery, office, or additional bedroom. The top floor houses two spacious bedrooms and a bathroom. On your way back downstairs pass by your washer/dryer and cleaning storage and discover a completely finished basement, set up as a TV den but perfect as a games rooms, gym or just storage!

The garden-level apartment offers additional flexibility for rental income, fully renovated, access to outdoor space and could be used as a private guest suite.

Famed Pizza spot Speedy Romeo, Clementine Bakery, and donut aficionado’s favorite cafe, Fan Fan are just steps away, along with grocery stores, boutiques, yoga studios, the restaurants of Dekalb Avenue and the bustling nightlife of the popular Franklin Avenue. 420A Lafayette is the gateway to your best Brooklyn life!

Listing courtesy of Serhant