by RH Advisors

Check Availability
$1,675,000
Townhouse - In Contract

582 MONROE Street #NA

Brooklyn, NY 11221
bedrooms
4 Beds
bathrooms
2 Baths
$8,532
Estimated Monthly
$0
HOA / Fees
14.11%
Cap Rate

About This Property

Here's an opportunity to own a piece of history in one of Brooklyn's most sought-after neighborhoods. 582 Monroe St is an exquisite 2-family townhouse that boasts stunning Brick-Faced Neo-Grec style architecture and charming details that transport you back in time. Located in the heart of Stuyvesant Heights, this beautiful townhouse offers its residents a sophisticated living experience.

Whether looking for a spacious home or an investment property with rental income potential, 582 Monroe St is a perfect choice. Currently used as two bedroom duplex with one bedroom rental above, this property offers a versatile layout that new homeowners can tailor to meet their unique needs. The building has a full cellar, and a walk-in English basement with two additional floors above, providing ample space for all your needs.

Enter through the ornate, wrought-iron gate and be welcomed by a charming front garden that leads you into the owner's duplex. The interior of the owner's duplex is equally impressive, featuring an open living, dining, and kitchen layout with stunning hardwood floors and coffered ceilings. Newly renovated, the kitchen boasts top-of-the-line stainless steel appliances overlooking a south-facing garden perfect for outdoor dining and entertaining. Upstairs, the owner's duplex boasts two spacious bedrooms with a closet that is as big as some bedrooms. 582 Monroe has been loveling cared for, and it shows in the meticulous upkeep of the one-bedroom rental unit on the top floor.

This townhouse is on a picturesque tree-lined block, offering breathtaking views and a peaceful environment. But owning this piece of history is about more than just the charm and versatility of the property. It's also about convenience to Manhattan, central to the A and C trains and the J Train.

With its prime location in the Bedford-Stuyvesant neighborhood of Brooklyn, this property is sure to appreciate over time. Investors should take note of the increasing demand for properties in this area, as well as the countless amenities within walking distance. 582 Monroe is privileged to be near Chez Oscar, Saraghina, Mama Fox, L'Antagoniste, and The Coop School.

Historically, Brooklyn has always been a preferred destination for renters seeking a blend of style and convenience. Investing in this property comes with the added benefit of historical significance, and studies have shown that properties located in historic districts often experience a premium on their value. In a world where uncertainty prevails, investing in a property that offers historical charm and financial benefits is rare. Make the smart investment choice today and own a piece of Brooklyn's iconic history at 582 Monroe St in Bedford-Stuyvesant.
Unit Size
-
Days on Market
-
Land Size
0.04 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
$307
HOA Dues
-
Year Built
1899
Listed By
Last updated: 2 months ago (RLS #RPLU-33422417922)

Price History

Date / Event Date Event Price
Mar 10, 2024 In contract -
In contract
Dec 5, 2023 Relisted $1,675,000
Relisted
Dec 2, 2023 No longer available -
No longer available
Aug 16, 2023 Price Decreased $1,675,000
↓ $125K (6.9%)
Price Decreased
Aug 1, 2023 Relisted $1,799,999
Relisted
Show More

Property Highlights

Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Full Bathrooms: 2

Room Information

Laundry Features: In Unit
Rooms: 8

Basement Information

Exterior Details

Property Information

Year Built: 1899

Building Information

Outdoor Living Structures: None
Pets Allowed: Building Yes, No

Lot Information

Lot Size Dimensions: 100.00x18.67

Land Information

Tax Lot: 0032
Tax Block: 01640

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
5 Beds
3 Baths
3,568 ft²
$406/ft²
$1,450,000 Oct 6, 2021
$1,450,000 Feb 7, 2022
-
Townhouse
5 Beds
4 Baths
-
$1,995,000 Jun 17, 2020
$1,995,000 Apr 6, 2021
-
Multifamily
5 Beds
4 Baths
2,520 ft²
$673/ft²
$1,695,000 Aug 21, 2020
$1,695,000 Jun 8, 2021
-
Multifamily
5 Beds
3 Baths
2,241 ft²
$698/ft²
$1,565,000 Jul 30, 2019
$1,565,000 Oct 27, 2020
-
Multifamily
5 Beds
4 Baths
-
$1,355,000 Aug 25, 2022
$1,355,000 Oct 12, 2022
$372/mo
Multifamily
5 Beds
4 Baths
3,600 ft²
$389/ft²
$1,399,000 Sep 29, 2015
$1,399,000 Dec 4, 2015
-
Townhouse
4 Beds
4 Baths
2,478 ft²
$684/ft²
$1,695,000 Jun 1, 2023
-
$233/mo
Multifamily
4 Beds
3 Baths
2,198 ft²
$680/ft²
$1,495,000 Mar 1, 2024
-
$194/mo
Townhouse
5 Beds
5 Baths
2,160 ft²
$822/ft²
$1,775,000 Mar 8, 2024
-
$227/mo
Townhouse
5 Beds
3 Baths
2,400 ft²
$790/ft²
$1,895,000 Feb 12, 2024
-
$399/mo
House
3 Beds
2 Baths
1,640 ft²
$869/ft²
$1,425,000 Oct 12, 2022
-
-
Condo
3 Beds
2 Baths
1,413 ft²
$1,129/ft²
$1,595,000 Jan 5, 2024
-
$376/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

582 Monroe Street 582 Monroe Street, Brooklyn, NY 11221
  • 2 Units
  • 1 Unit for Sale
More about this Building
582 Monroe Street
Want to find out who owns 582 Monroe Street, Brooklyn, NY 11221? Get detailed property transactions here .

About Northern Brooklyn


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