887 Lafayette Ave APT 1, Brooklyn, NY, 11221
About This Home
A rare opportunity in the heart of Bedford-Stuyvesant, offering the perfect blend of luxury townhouse living and compelling income potential. Configured as a three-family currently set up across four full floors (plus a basement), this expansive ~3,800 sq ft brownstone features 11 bedrooms and 7 bathrooms across beautifully proportioned layouts. The garden level and basement combine to create an ideal owner’s duplex, opening directly to a paved private backyard, perfect for seamless indoor-outdoor living and entertaining. Throughout the home, refined finishes and thoughtful upgrades include hardwood floors, oversized windows, soaring ceilings, and sleek kitchens with quartz countertops and stainless steel appliances. Spa-like tiled bathrooms, in-unit washer/dryers, dishwasher, and select ensuite layouts enhance both comfort and convenience. Crowning the home is a private rooftop terrace with skyline views, offering a striking setting for entertaining or quiet retreat. The upper units deliver strong rental income potential, making this an exceptional live-with-income opportunity. With separate gas and electric meters, four boilers, and individual hot water tanks, tenants cover their own utilities, allowing for efficient, streamlined ownership. A timeless Brooklyn brownstone reimagined for modern living - sophisticated, income-producing, and ready to be called home.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1899
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Washer/Dryer
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 7
- Full bathrooms: 7
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 3,750
- Total interior livable area: 3,750 sqft
Property
Details
- Special condition: Resale
Features
- Patio & porch: Other,Terrace,Deck
- Exterior features: Garden,Private Roof Deck,Terrace
- Has view: Yes
- View description: City,Skyline
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $13,020 | $156,240 |
| Home Insurance * | $883 | $10,596 |
| Property Taxes | $1,201 | $14,412 |
| Electricity | $619 | $7,436 |
| Total | $15,723 | $188,676 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $2,495,000 |
| 2025-07-11 | Listing removed | $7,000 |
| 2025-07-06 | Listed for rent | $7,000 |
| 2025-05-07 | Listing removed | $4,500 |
| 2025-04-07 | Listed for rent | $4,500 |
| 2024-11-25 | Listing removed | $3,999 |
| 2024-11-13 | Listed for rent | $3,999 |
| 2024-11-06 | Listing removed | $4,200 |
| 2024-10-29 | Listed for rent | $4,200 |
| 2024-10-28 | Listing removed | $2,349,999 |
| 2024-08-21 | Listed for sale | $2,349,999 |
| 2024-08-21 | Listing removed | $2,349,999 |
| 2024-08-14 | Price change | $2,600,000 |
| 2024-07-09 | Price change | $2,800,000 |
| 2024-06-18 | Listed for sale | $3,200,000 |
| 2021-06-23 | Listing removed | -- |
| 2021-06-15 | Listed for rent | $2,349 |
| 2019-04-18 | Listing removed | $2,950 |
| 2019-04-16 | Price change | $2,950 |
| 2019-04-04 | Price change | $2,900 |
| 2019-03-24 | Price change | $2,950 |
| 2019-02-26 | Listed for rent | $3,100 |
| 2018-04-25 | Listing removed | $2,850 |
| 2018-03-28 | Price change | $2,850 |
| 2018-03-14 | Listed for rent | $3,195 |
For Sale by Agent
View on Zillow