Updated 3 years ago
Off Market
47 Monitor Street
East Williamsburg, Brooklyn | Herbert Street & Meeker Ave
14 Rooms6 Beds4 Baths4,188 Square FeetMulti-Family
$2,495,000
floors / apts3 / 3
Lot Size21'x100'
Built Size21'x47'
ZoneR6B
Building TypeTownhouse
RE Taxes$9,897
Price Per SF
$596
Outdoor space and views
- Backyard [20'x18']
Building Amenities
- Driveway
Property Description for 47 Monitor Street
Welcome to 47 Monitor Street, a stunning three-family house nestled in the vibrant neighborhood of Williamsburg, Brooklyn. This meticulously maintained property presents an incredible opportunity for investors, multigenerational families, or those seeking a spacious home with income-generating potential. This property is 2,761 sq. ft. with additional 1,427 sq. ft. FAR, Dimension of the building 21' x 47'; dimensions of the lot is 21' x 100'; R6B. Exterior: Situated on a tree-lined street, this charming three-story townhouse boasts an attractive brick facade that exudes classic Brooklyn charm. The well-maintained front entrance welcomes you into a property that has been thoughtfully designed with both aesthetics and functionality in mind. Interior: Each unit within this impressive three-family house has been beautifully managed, offering a perfect blend of modern comforts and timeless appeal. Abundance of natural light create an inviting atmosphere throughout. The spacious floor plans have been intelligently designed to maximize living space and ensure optimal comfort for all residents. Unit 1: The first unit of this triplex features an open-concept layout, with a spacious living room, a contemporary. Two well-appointed bedrooms and a modern newly renovated full bathroom. Private backyard, ideal for hosting barbecues or creating a peaceful outdoor oasis complete this level. Unit 2: Located on the second floor, the second unit boasts generous living areas, a fully updated kitchen with dishwasher, and three comfortable bedrooms. It is bright and airy with unobstructed views of the city Unit 3: The third unit occupies the third floor and offers a bright and airy living space, a modern kitchen with dishwasher, two flexible three bedrooms, and a well-appointed bathroom. This unit is perfect as an additional rental property or as a private owner's retreat. Additionally, there is a full basement that with washer/dryer offers ample storage space for each unit. It also has a full garage that can be used or rented. Situated in the heart of Williamsburg, 47 Monitor Street enjoys the best of Brooklyn living. The neighborhood is renowned for its vibrant culture, trendy restaurants, boutiques, and artistic scene. With easy access to public transportation, including nearby subway stations, commuting to Manhattan or other parts of Brooklyn is a breeze. Low expenses and high income makes it a great investment with almost 6% CAP. Don't miss this opportunity to own a magnificent three-family house in the highly sought-after neighborhood of Williamsburg. Schedule a showing today and envision the possibilities of living in this remarkable property while reaping the benefits of an exceptional investment opportunity. Projected income $ 152,000 per year Taxes $ 9,987 per year; Maintenance $ 5,000 per year
Listing History for 47 Monitor Street
Now
11/08/2023
POM by Rafael Malka
Douglas Elliman
10/23/2023
$2,495,000 [-$55,000] [2.2%]
Price Drop by Rafael Malka
Douglas Elliman
Building Details for 47 Monitor Street
OwnershipMulti-Family
Building TypeTownhouse
AgePost-War
AccessWalk-up
Year Built1980
Floors/Apts3/3
Transit and Citi Bike
Subway
Graham Av
0.44 miles
Citi Bike
Monitor St & Meeker Ave
0.03 miles
Richardson St & N Henry St
0.12 miles
Contact Agents
Contact Agents
Rafael Malka
Douglas Elliman
David Hubschman
Douglas Elliman
Roland Levin
Douglas Elliman
East Williamsburg | Brooklyn
Quick Profile
East Williamsburg is a mixed industrial neighborhood in Brooklyn, with many working factories that make everything from beer and wontons to clothing and concrete. You are likely to hear screeching, pounding and the deep thump of industrial machinery throughout the day. East Williamsburg has become a haven for artists and musicians of every description, who are attracted to the large open loft spaces of the converted industrial buildings. The area has attracted a younger crowd of 20- and 30-somethings that are drawn by affordable rents and a generally lower cost of living.
There is a rich history of immigrants from Puerto Rico and Italy, and oddly enough, they chose to settle on opposite ends of Graham Avenue, with the Italians on the north and the Puerto Ricans on the south.
Housing in the area consists of mid-rise apartment buildings, row houses, and public housing complexes. There are also smaller multi-family apartment buildings available. Lofts are becoming more prevalent as the older, abandoned factory buildings come up for sale and are converted into residential properties.
East Williamsburgfairly pulses with a creative vibe. There are unique shopping venues, numerous tiny coffee shops, interesting restaurants, and cafes, along with food trucks that frequent the area. The grocery stores are affordable and carry a wide variety of goods that appeal to the eclectic tastes of the neighborhood residents.
There is a vibrant bar scene, where you will find mostly local residents imbibing, so it is easy to make friends among your neighbors if you stop in frequently at your favorite watering hole. There are many interesting shops, bars and restaurants tucked in amongst the warehouses and factories. Many do not invest in elaborate signage, so it can be difficult to find some of the best spots. Keep an eye out for hand-painted signs on the sides of buildings with arrows pointing to nondescript, nearly invisible entrances.
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: 91262TH
Find home. Discover happiness.