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532 MONROE Street #TH
About This Property
Upon entering, you'll be captivated by the beautifully re stored interior, featuring intricate woodwork and stunning architectural details that showcase the rich history of this townhouse. The first floor offers an open and spacious living and dining area, a cozy breakfast nook. The chef's kitchen is designed to impress, with custom matte white cabinetry, luxurious marble countertops, and a sleek backsplash. High-end appliances, including a 6-burner range with a hidden range hood and stainless- steel finishes, are perfect for any culinary enthusiast. The integrated fridge blends seamlessly into the cabinetry, preserving the clean, modern aesthetic. From here, enjoy access to the private, landscaped backyard through the deck, providing a serene and peaceful outdoor space.
The upper floors feature two expansive, true two-bedroom, one-bath apartments, each equipped with washer/dryer. These units are an ideal way to generate substantial rental income, helping to offset your living costs. Throughout the property, you'll find beautiful matte white oak flooring, encaustic painted tiles in the vestibule, custom closets, and elegant brushed nickel fixtures. The HVAC system ensures year-round comfort, while tenants handle their own heat, making this a low-maintenance investment.
This stunning brownstone is a rare gem, combining elegant living with a fantastic rental income opportunity. Situated near J/Z/M/A/C trains, it offers seamless access to the best of Brooklyn and Manhattan. Don't miss out on this incredible chance to own a piece of history with modern convenience!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Jun 22, 2025 | Price Decreased |
$2,400,000
↓ $99K
(4%) | |
| Price Decreased | |||
| Mar 25, 2025 | Listed by Serhant | $2,499,000 | |
| Listed by Serhant | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/25/2025
|
6 Bed
|
4 Bath
|
-
|
$2,499,000
6 Bed
4 Bath
|
$2,385,000
-4.56%
10/31/2025
|
Zarina Khaydarova-Rivera
Serhant LLC
| |
|
05/13/2016
| |
Studio
|
-
|
-
|
$1,960,000
Studio
-
|
$1,960,000
07/14/2016
|
Kyle L Talbott
The Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017