Updated 3 years ago
Sold
140 Monroe Street
Bedford Stuyvesant, Brooklyn | Bedford Ave & Nostrand Ave
18 Rooms8 Beds4 Baths3,600 Square FeetMulti-Family
$2,600,000
floors / apts4 / 4
Lot Size20'x100'
Built Size20'x45'
ZoneR6B
Building TypeTownhouse
RE Taxes$13,444
Price Per SF
$722
This property was sold for $2,600,000 on 09/14/23.
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
Prime Investment at a Prime Location
Monroe Street between Bedford and Nostrand Avenues is a leafy, quiet block in Bedford Stuyvesant, near the border of Clinton Hill. At Number 140 stands a three story, Italianate brownstone (circa 1899), configured as four free-market apartments.
The entire building has been fully renovated, including all new windows, kitchens and baths. 2021 upgrades include a new roof and water heaters. The basement has tenant-friendly amenities: a cash-free, income producing laundry and generous shelved storage. Building-wide sprinklers and the wireless video system provide a sense of security for tenants and owner alike.
Each of the bright floor-through apartments has been smartly designed and finished, and is separately metered for tenant-paid heat and hot water. The kitchens feature granite-topped, crisp white cabinetry, tiled backsplashes, and Frigidaire stainless steel appliances; the baths are nicely outfitted and tiled, as well. The roster of long term tenants attests to the building's many desirable qualities.
Bedford Stuyvesant is widely recognized as one of Brooklyn's most vibrant and culturally rich neighborhoods, home to innovative dining, shopping and recreation. There is a City Bike dock directly across the street; nearby transportation includes the A/C, G and S trains, B52 bus line and LIRR for travel throughout Brooklyn, to Manhattan and beyond.
Ideal as a savvy starter investment or valuable enhancement to a legacy portfolio, 140 Monroe Street is ready to start performing on Day One. Complete setup is available upon request.
Monroe Street between Bedford and Nostrand Avenues is a leafy, quiet block in Bedford Stuyvesant, near the border of Clinton Hill. At Number 140 stands a three story, Italianate brownstone (circa 1899), configured as four free-market apartments.
The entire building has been fully renovated, including all new windows, kitchens and baths. 2021 upgrades include a new roof and water heaters. The basement has tenant-friendly amenities: a cash-free, income producing laundry and generous shelved storage. Building-wide sprinklers and the wireless video system provide a sense of security for tenants and owner alike.
Each of the bright floor-through apartments has been smartly designed and finished, and is separately metered for tenant-paid heat and hot water. The kitchens feature granite-topped, crisp white cabinetry, tiled backsplashes, and Frigidaire stainless steel appliances; the baths are nicely outfitted and tiled, as well. The roster of long term tenants attests to the building's many desirable qualities.
Bedford Stuyvesant is widely recognized as one of Brooklyn's most vibrant and culturally rich neighborhoods, home to innovative dining, shopping and recreation. There is a City Bike dock directly across the street; nearby transportation includes the A/C, G and S trains, B52 bus line and LIRR for travel throughout Brooklyn, to Manhattan and beyond.
Ideal as a savvy starter investment or valuable enhancement to a legacy portfolio, 140 Monroe Street is ready to start performing on Day One. Complete setup is available upon request.
Listing History for 140 Monroe Street
Now
09/15/2023
$2,600,000
Sold and Closed by Beth M. Hirsch
Brown Harris Stevens
07/25/2023
Contract Signed by Beth M. Hirsch
Brown Harris Stevens
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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