697 Monroe Street #3
About This Property
Welcome Spring from your brand new condo, carefully converted from a stately brownstone on a timeless tree-lined street in Brooklyn. 697 Monroe Street blends Bed-Stuy's pre-war aesthetic with modern luxuries such as central heating and cooling, washer/dryer, blow out wall of windows, and space-efficient layouts. The appliance package includes Bosch, Liebherr, Bertazzoni, Electrolux, and Sharp; icons of German, Italian, and Swiss craftsmanship. Details such as copper Emtek hinges and doorknobs and hand-painted Moroccan accent tiles provide this building with just enough personality to make you feel right at home. Love every aspect of your new home, and enjoy hanging out on your stoop and chatting with your neighbors.
Unit 3 is a 2 Bedroom / 1.5 Bath with an amazing living/dining area looking over the open kitchen. Southern-facing bedrooms let in steady direct light. The full bath has Jack and Jill access to the master, and the half bath has the washer/dryer tucked in the closet. An incredible apartment priced below what you would expect.
697 Monroe Street is located 2 avenues from the Gates Avenue J and Z train. The A and C train is also located to the South. Local hot spots include Saraghina, Le'Antagoniste, Lunatico, Toad Style, Manny's, and The Wilky. When you're done viewing the apartments, grab a latte at Cup of Brooklyn or Cafe on Ralph, or perhaps some ink at Black Sheep Tattoo.
This is not an offering. The complete offering terms are in an offering plan available from the sponsor. File No. CD-17-0282.
**Please ask about nearby upcoming inventory**
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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%.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2019 | No longer available | - | |
| No longer available | |||
| Apr 24, 2019 | Sold | ||
| Sold | |||
| Mar 12, 2019 | In contract | - | |
| In contract | |||
| Jan 14, 2019 | Listed by Douglas Elliman Real Estate | $699,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Dec 31, 2018 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/26/2026
|
2 Bed
|
2 Bath
|
1130 ft²
|
$1,100,000
2 Bed
2 Bath
1130 ft²
|
$1,150,000
+4.55%
05/28/2026
|
Emma James
Corcoran Group
| |
|
02/15/2019
|
2 Bed
|
3 Bath
|
1130 ft²
|
$1,125,000
2 Bed
3 Bath
1130 ft²
|
$999,000
-11.20%
06/28/2019
|
Eric Volpe
Prudential Douglas Elliman Real Estate
| |
|
01/14/2019
|
2 Bed
|
3 Bath
|
1750 ft²
|
$999,000
2 Bed
3 Bath
1750 ft²
|
$999,000
05/28/2019
|
Eric Volpe
Prudential Douglas Elliman Real Estate
| |
|
01/14/2019
|
2 Bed
|
2 Bath
|
815 ft²
|
$699,000
2 Bed
2 Bath
815 ft²
|
$645,000
-7.73%
04/24/2019
|
Eric Volpe
Prudential Douglas Elliman Real Estate
| |
|
06/15/2018
|
2 Bed
|
1 Bath
|
824 ft²
|
$779,000
2 Bed
1 Bath
824 ft²
|
$684,000
-12.20%
04/18/2019
|
Daniel Cohen
Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017