$1,700,000
508 Lafayette Avenue
MLS® #RLS10472734
Listing by The Corcoran Group
Studio
Bedroom
0
Bath
N/A
Sq. Ft.
1899
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Character: Pre-war building (1899)
Property Details
Description
Welcome to 508 Lafayette Avenue! On the border of Clinton Hill and Bed-Stuy sits this lovely semi-detached legal 3 family house on a 20 x 60 lot. The house is currently configured with a nearly completed, fully renovated ground floor 2 bedroom 1.5 bathroom apartment with finished basement, including laundry room and lovely backyard, perfect for entertaining. Just up one flight Apartment 2 features a palatial 2 bedroom 1 bathroom apartment complete with open modern kitchen with white quartz counter tops, washer/ dryer, stainless steel appliances, two sunny south facing spacious bedrooms and sparkling new marble bathroom. Finally the third floor apartment features a three bedroom two bath apartment with modern bathrooms and galley kitchen complete with shiny appliances and awesome skylight. All three apartments have been tastefully updated and have many unique features including interior stairways to all apartments, beautiful hardwood floors, high ceilings and central heat and air conditioning. Looking for a stellar investment....here it is! All three units have been rented with a whopping 7.5% cap rate, a rare find in Brooklyn! With outstanding rental returns and additional build-able room to grow, the FAR on the lot should allow for more than 1,000 additional square feet to be built, if you needed more space to live in, or if you wanted larger rental units, this building is an awesome house and an amazing investment! 508 Lafayette Avenue sits on the border of Clinton Hill in Bed-Stuy with the Lafayette Avenue G Train right across the street. In addition to the perfect location there are a slew of amazing restaurants including Stone Fruit Express., Black Swan and Denim cafe and Speedy Romeos right around the corner on bustling Bedford Avenue.
Building Information
About Clinton Hill
View All Clinton Hill ListingsClinton Hill is a neighborhood defined by its architectural diversity and creative energy. Home to the Pratt Institute, the area features a stunning mix of grand 19th-century mansions, historic carriage houses, and mid-century cooperatives. The neighborhood offers a leafy, residential feel with a vibrant culinary scene along DeKalb Avenue and easy access to the cultural amenities of nearby Fort Greene.
Clinton Hill Live Market Data
View NeighborhoodActive Listings
53
Median Asking Price
$1.04M
Median $/Sqft
$1,154
Avg Days on Market
N/A
New This Week
4
Price Reduced
32%
Sold (30 Days)
12
Median Sale Price
$1.07M
Live data from RLS at REBNY • Updated 3/27/26, 8:37 AM EST
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Location
508 Lafayette Avenue, Clinton Hill, Kings County
Floor Plans
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Listing Courtesy of The Corcoran Group - Laura Hess
Listing Contact: (808) 554-5083
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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
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RLS Data display by Keller Williams NYC. Data last updated on 3/27/2026 at 12:37 PM UTC