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531 Lafayette Ave

531 Lafayette Ave

This Property At A Glance

Multi-Family Home

This is a Multi-Family Home.

In Bedford Stuyvesant

531 Lafayette Ave is located in Bedford Stuyvesant, a neighborhood in Other.

531 Lafayette Ave is a 3-floor Multi-Family Home in Brooklyn's Bedford Stuyvesant. The building was built in 2005.

The typical wait time for a taxi at 531 Lafayette Ave is 6 minutes.

As for the demographics around 531 Lafayette Ave, the median age is 33, 31% of residents are married, and 14% of residents have at least one child. The median individual full-time income is about $43,467 and about 21% of adults here have a bachelor's degree or higher. Registered voters in this building are 100% Democrat.

Regarding weather, the average summer temperature is 76.5°F, while the average winter temperature is 32.6°F. The average annual rainfall is 49.9 inches and the average annual snowfall is 25.8 inches.

Location Building Financial Transportation Demographics Weather

Building

Building Type
Multi-Family
Floor Count
3
Build Year
2005

Financial

Property Value Estimate*

$915,375
$704,839
$1,125,911
*Value Estimates are based on a variety of algorithmic factors. Click here to speak with a local neighborhood specialist who can provide you with a free, custom analysis of the value of this property.

Cost of living

National Average

Overall costs

6% lower than the national average

Housing costs

5% lower than the national average

Food & Beverage costs

5% lower than the national average

Transportation costs

10% lower than the national average

Apparel costs

4% lower than the national average

Entertainment costs

7% lower than the national average

Utility costs

4% lower than the national average

Healthcare costs

5% lower than the national average

Insurance costs

7% lower than the national average

Tobacco costs

4% lower than the national average

Income

The median household income in this area is
$38,660
Per year
The median full-time individual income in this area is
$43,467
Per year

Rent vs. Own

The percent of households occupied by renters is
79%
The percent of households occupied by owners is
20%

Tax Information

The sales tax rate in this area is
9.0%
The average annual property tax in this area is
$3,837

Transportation

Taxi Stats

The typical wait time for a taxi is
6
minutes at Lafayette Avenue and Bedford Avenue
In a typical hour
21
available taxis pass by Lafayette Avenue and Bedford Avenue

Commute Stats

The common time to leave for work in this neighborhood is
9:00 AM to 9:59 AM
The most common way to commute in this neighborhood is
Subway
The percent of households with at least one car in this area is
30%

Your Commute Times

Demographics

Census at a Glance

The median age is
33
Years Old
The most common education level in this area is
Some College
Households with children are
14%
of all households in this area
The percent of people in this area who are married is
31%

Political

This Building is
100%
registered Democrat

Weather & Natural Disasters

Weather

The average temperature in this area during the winter is
33°F
The average temperature in this area during the summer is
76°F
The average rainfall in this area is
50
inches annually
The average snow in this area is
26
inches annually

Natural Disasters

Risk of storms
in this area is
mild
Risk of earthquakes
in this area is
mild
Risk of hurricanes
in this area is
mild
Risk of tornadoes
in this area is
low
Risk of hailstorms
in this area is
mild
Risk of windstorms
in this area is
high

Flood Zone Map

Flood Zones

Low Risk High Risk
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