$979,000
Updated 11 years ago
Sold

171 Monroe Street

Bedford Stuyvesant, Brooklyn | Bedford Ave & Nostrand Ave

17 Rooms8 Beds6 Baths4,551 Square FeetMulti-Family

$979,000
floors / apts3 / 3
Lot Size21'x100'
Built Size21'x72'2"
ZoneR6
Building TypeHouse
RE Taxes$7,585
Price Per SF
$215

This property was sold for $1,300,000 on 04/24/14.

Listing Features

  • Gas Heat

Outdoor space and views

  • Balcony
  • Garden

Building Amenities

  • Garage
  • Laundry Room

Property Description for 171 Monroe Street

> This three story, three family brick townhouse located on the boarder of the Bed-Sty/Clinton Hill section of Brooklyn is an attractive investment with potential positive cash flow generation. > Built in 2004, is ready to go with three Free Market rental units; each of the units features hardwood floors throughout, ample closet space, an open kitchen, master baths and North/Southern exposure, offering living rooms with plenty of sunlight. > The first floor unit is configured as a floor-thru simplex with 2 bedrooms, 2 baths; master bedroom features a walk-in closet and master bath, open kitchen, plenty of closets, private garden and access to a finished recreational room/office/Den in the basement. > The additional two rental units are three bedroom floor-thru layouts, each with 2 baths, one of which is a master ensuite and a balcony. > All units have access to the Washer/Dryer & Storage in the basement. > The property is conveniently located near G,A/C trains on Bedford & Nostrand Avenues, around the corner from the YMCA and nearby dining and shopping. > Additional features of this building include: Private Yard for 1st Floor Unit, Storage area in Basement, Washer/Dryer, Balcony for 2nd & 3rd Floor Units, Finished Rec Room/Office/Den in Basement, hardwood floors thru-out, and 2 Car Driveway.

Listing History for 171 Monroe Street

Now
04/29/2014
$1,300,000
Sold and Closed by Alice Corporan
Corcoran
01/31/2014
Contract Signed by Alice Corporan
Corcoran

Building Details for 171 Monroe Street

OwnershipMulti-Family
Building TypeHouse
AgePost-War
AccessWalk-up
Year Built2004
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Bedford-Nostrand Avs
0.3 miles
Nostrand Av
0.36 miles
Franklin Av
0.38 miles
Classon Av
0.48 miles

Citi Bike

Monroe St & Bedford Ave
0.1 miles
Putnam Ave & Nostrand Ave
0.15 miles

Contact Agent

Contact Agent

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: 23190TH