Updated 10 years ago
Sold
140 Monroe Street
Bedford Stuyvesant, Brooklyn | Bedford Ave & Nostrand Ave
10 Rooms5 Beds3 BathsMulti-Family
$1,900,000
floors / apts4 / 4
Lot Size20'x100'
Built Size20'x45'
ZoneR6B
Building TypeTownhouse
RE Taxes$6,833
This property was sold for $1,900,000 on 02/12/15.
Listing Features
- Window AC Units
Outdoor space and views
- Backyard
Building Amenities
- Voice Intercom
- Laundry Room
- Outdoor Parking
- Sprinkler System
- Stoop Entry
Property Description for 140 Monroe Street
Stunning 20x45 foot FOUR FAMILY brownstone on a beautiful block just off Bed StuyÂ’s hip Bedford Avenue with the best eateries, bars and cafes the neighborhood has to offer. Lucrative opportunity to purchase a high income producing property that was lovingly restored and gut renovated 2 years ago to include original details and modern/sleek finishes. Actual free market rent roll totals $118,800/year with a 5.36% CAP RATE. High rent lease cycle as all leases end July 31, 2015. Building amenities include laundry and storage in the basement for tenants. Sprinkler system installed. Utilities paid by tenants. Email [email protected] for full set-up. Showing by appointment with full access to all units.
Listing History for 140 Monroe Street
Now
02/12/2015
$1,900,000
Sold and Closed by Brooke Safford
Corcoran
2015
Building Details for 140 Monroe Street
OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts4/4
Transit and Citi Bike
Subway
Franklin Av
0.3 miles
Bedford-Nostrand Avs
0.33 miles
Nostrand Av
0.35 miles
Classon Av
0.44 miles
Citi Bike
Monroe St & Bedford Ave
0.02 miles
Hancock St & Bedford Ave
0.19 miles
Bedford Stuyvesant | Brooklyn
Quick Profile
Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood.
Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue.
At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 56153TH
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