$5,400,000
Updated 10 years ago
Sold

20 Monroe Place

Brooklyn Heights, Brooklyn | Pierrepont Street & Clark Street

7,842 Square FeetIncome Property

$5,400,000
floors / apts5 / 7
Lot Size25'x101'
Building TypeTownhouse
RE Taxes$55,006
Price Per SF
$689

This property was sold for $5,400,000 on 01/31/17.

Listing Features

  • Architectural Dtls
  • Original Details
  • Central AC

Outdoor space and views

  • Deck
  • Garden

Building Amenities

  • Voice Intercom
  • Laundry Room
  • Stoop Entry
  • Wheelchair Access

Property Description for 20 Monroe Place

20 Monroe Place Townhouse

Located on one of Brooklyn Heights' finest landmarked blocks, this circa 1854 five story townhome provides extensive living space and substantial income. Currently configured as a 7 family home, consisting of an owner's triplex, plus six high incomes producing apartments. Skillfully constructed on 101' lot, built 25' wide x52' deep on five stories. There is the flexibility of incorporating apartments into your living space or adjoining current apartments.

All the hard work has been done:

This townhouse is restored with extensive interior and exterior renovations. In addition to the renovations to the owner's triplex, improvements include a restored brownstone facade, beautifully maintained common spaces, and high quality rental apartments. The mechanicals are kept current and the home maintains its architectural integrity. The highly desirable apartments provide immediate investment returns with plenty of upside, and provide a dependable income in every market condition. These desirable investment apartments are spacious, charming, and functional. This is Brooklyn Heights' best opportunity to live in a brownstone of quality, space and scale, and collect income without the time consuming and expense of an extensive renovation.

The Layout:

The Owner's Triplex is in impeccable condition and is ready for immediate occupancy. The owner's triplex consists of the entire parlor floor, with the original staircase leading to the garden floor back. The master bedroom on the third floor is accessed from an internal staircase from the Parlor floor. There is a renovated bathroom on each level. The parlor floor has 13' ceilings, carved marble mantles, crown moldings, built ins, and hardwood floors. Front Parlor siting room faces west to Monroe Place. The kitchen is located at the back of the parlor, with an open island designed for entertaining and everyday living. There are French doors lead to your private full width deck, and the deck leads to your deep, professionally installed landscaped garden. While maintaining many original details, this gorgeous home has been meticulously renovated including, central air-conditioning, customized closet and vast storage space.

The Garden Floor:

The back of the garden floor is a large bedroom with full bathroom. The renovated bathroom is handicapped accessible. There is a private laundry room for the owner, a kitchenette and private garden access.

The Garden floor front studio:

Currently vacant. Completely renovated with new kitchen. The bathroom is handicapped accessible. This studio can easily be combined with the owner's triplex, if desired.

Third floor:

Front room is combined with the parlor floor, via the internal staircase. Large front facing master bedroom suite with private bathroom and windowed, double height walk in closet space.

Third floor back:

is an occupied studio with an-eat in kitchen. Rent stabilized.

Fourth floor:

Front apartment is a renovated free market studio with a separate kitchen. Custom closet space and lovely details. The fourth floor rear is a large rent stabilized studio with a separate eat-in-kitchen. Flexible layout. Currently vacant.

Fifth floor:

Front facing one bedroom, and rear facing studio. Both are free market apartments.

There are four free market apartments, plus two rent stabilized apartments. One of the rent stabilized apartments is vacant. Centrally Located on the widest tree lined street in Brooklyn Heights, Monroe Place is secluded with little traffic. An outstanding historic home and sound investment.

Listing History for 20 Monroe Place

Now
01/31/2017
$5,400,000
Sold and Closed by Brian Lehner
Brown Harris Stevens
2017

Building Details for 20 Monroe Place

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1854
Floors/Apts5/7
Learn More About the Building

Transit and Citi Bike

Subway

Clark St
0.07 miles
Court St
0.18 miles
High St
0.2 miles
Borough Hall
0.27 miles
Jay St-MetroTech
0.39 miles

Citi Bike

Clinton St & Tillary St
0.05 miles
Clark St & Henry St
0.09 miles

Contact Agent

Contact Agent

Brian Lehner
Brown Harris Stevens

Brooklyn Heights | Brooklyn

Quick Profile

Brooklyn Heights was Manhattan’s first suburb. The Brooklyn Bridge is a neighborhood draw, offering some of the most beautiful views of the Manhattan skyline, as well as an easily walkable means of commuting into the City. Montague Street has been the main commercial street in Brooklyn Heights since the 1800s, but it is not overly commercialized. Smaller shops help maintain the small neighborhood feel of Brooklyn Heights.

The quaint cobblestoned side streets highlight the historic feel to this lovely, vibrant neighborhood that is filled with exciting and innovative restaurants, stores that have those perfect home decor items, that little black dress you love, and your favorite dry cleaner is right around the corner. Brooklyn Heights is your perfect city within the City.

There are apartments, condos, and co-ops that resulted from the conversion of pre-war residential hotels. The townhouses in Brooklyn Heights are often five stories, instead of the three stories found elsewhere. You’ll also find row houses and stunning single family mansions. Due to the three protected historic districts, opportunities for new construction are limited, and the appearance of the neighborhood seems frozen in the era when these buildings were originally constructed.

Renowned public and private schools make the neighborhood attractive to young families with school-age children. The neighborhood is generally “kid-friendly,” with parks, playgrounds, and quiet streets where kids can still play safely.

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: 62203TH