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697 Monroe Street #4
About This Property
Welcome to 697 Monroe Street - a converted four unit brownstone with attentive construction and high quality.
Step into the penthouse and experience the smart open layout of the kitchen, living, and dining area with direct southern light and views of the tree-lined street. There is an easy option to add a home office or nursery. This is a rare, duplex unit that offers private outdoor space, lots of light, and designer touches. The kitchen has quality materials such as an extra large Cararra marble island that provides an ample and beautiful work space. The appliances include a Bertazzoni range, Liebherr refrigerator, wine fridge & Bosch dishwasher. Wide plank white oak floors run throughout the apartment. The washer and dryer are tucked away in a closet just across from the kitchen. A powder room is conveniently located on the first floor near the second bedroom with extra large north-facing windows and an en-suite bathroom. Central heating and cooling are located throughout for comfort in any season. The master suite is located up the stairs with the private terrace. Gaze at the stars while lying in the comfort of your bed. There is a full en-suite bathroom with a charming barn door.
Located a half block from the Salgado Playground complete with a community garden, basketball court and other green park areas and four blocks to the J/Z trains at Gates Avenue. Explore all of the local establishments including The Wilkey (a half block away), L'Antagoniste, Zabka Coffee, Amayasana Yoga, Chez Oskar and more.
Disclaimer: The alternate floorplan does not match the layout provided in the offering plan.
This is not an offering. The complete offering terms are in an offering plan available from the sponsor. File No. CD-17-0282.
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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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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.
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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 |
|---|---|---|---|
| May 28, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by Corcoran Group | $1,100,000 | |
| Listed by Corcoran Group | |||
| |||
|
With low real estate taxes and affordable common charges, there's a lot to love at the penthouse at 697 Monroe Street - the brightest unit with abundant outdoor space in this stylishly renovated four-unit brownstone condo on a tree-lined block in Bedford-Stuyvesant. This exceptional duplex unit combines modern luxury with thoughtful design, featuring two large bedrooms, two and a half bathrooms, an open kitchen, and a huge living and dining space filled with southern light. The flexible layout offers enough space to add a home office or third bedroom. The chef's kitchen impresses with an oversized Carrara marble island, Bertazzoni gas range, Liebherr refrigerator, wine fridge, and Bosch dishwasher. Wide-plank white oak floors extend throughout the home. A washer/dryer closet on the main level provides additional storage. This level also includes a powder room and second bedroom featuring a wall of windows and en-suite bath. Central HVAC ensures year-round comfort. Ascend to the upper level to find the primary suite with an ample bedroom, en-suite bath, and direct access to a lovely paved terrace. A secondary access door welcomes guests, while a striking circular staircase leads to a second, even larger terrace offering 360-degree city views. Perfectly positioned near Salgado Playground's community garden, playground, and basketball court, Saratoga Park, and the vibrant restaurants lining Malcolm X Blvd. Convenient to the J and various bus routes.
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| Jun 29, 2019 | No longer available | - | |
| No longer available | |||
| Jun 27, 2019 | Sold | ||
| Sold | |||
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
|
$999,000
2 Bed
3 Bath
1130 ft²
|
$999,000
06/27/2019
|
Eric Volpe
Elliman
| |
|
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
|
Frank Castelluccio
Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017