Active

582 Monroe Street

New York City NY, 11221

$1,675,000


$2,242.30 per sqft

Active

4 Beds

2 Baths

747 sqft

Town House

Built in 1899

Here's an opportunity to own a piece of history in one of Brooklyn's most sought-after neighborhoods. 582 Monroe St is an exquisite 2-family townhouse that boasts stunning Brick-Faced Neo-Grec style architecture and charming details that transport you back in time. Located in the heart of Stuyvesant Heights, this beautiful townhouse offers its residents a sophisticated living experience.

Whether looking for a spacious home or an investment property with rental income potential, 582 Monroe St is a perfect choice. Currently used as two bedroom duplex with one bedroom rental above, this property offers a versatile layout that new homeowners can tailor to meet their unique needs. The building has a full cellar, and a walk-in English basement with two additional floors above, providing ample space for all your needs.

Enter through the ornate, wrought-iron gate and be welcomed by a charming front garden that leads you into the owner's duplex. The interior of the owner's duplex is equally impressive, featuring an open living, dining, and kitchen layout with stunning hardwood floors and coffered ceilings. Newly renovated, the kitchen boasts top-of-the-line stainless steel appliances overlooking a south-facing garden perfect for outdoor dining and entertaining. Upstairs, the owner's duplex boasts two spacious bedrooms with a closet that is as big as some bedrooms. 582 Monroe has been loveling cared for, and it shows in the meticulous upkeep of the one-bedroom rental unit on the top floor.

This townhouse is on a picturesque tree-lined block, offering breathtaking views and a peaceful environment. But owning this piece of history is about more than just the charm and versatility of the property. It's also about convenience to Manhattan, central to the A and C trains and the J Train.

With its prime location in the Bedford-Stuyvesant neighborhood of Brooklyn, this property is sure to appreciate over time. Investors should take note of the increasing demand for properties in this area, as well as the countless amenities within walking distance. 582 Monroe is privileged to be near Chez Oscar, Saraghina, Mama Fox, L'Antagoniste, and The Coop School.

Historically, Brooklyn has always been a preferred destination for renters seeking a blend of style and convenience. Investing in this property comes with the added benefit of historical significance, and studies have shown that properties located in historic districts often experience a premium on their value. In a world where uncertainty prevails, investing in a property that offers historical charm and financial benefits is rare. Make the smart investment choice today and own a piece of Brooklyn's iconic history at 582 Monroe St in Bedford-Stuyvesant.

RPLU-33422417922

MLS ID

April 21, 2023

Listed

February 27, 2024

Updated

Map

582 Monroe Street
New York City NY, 11221

Interior Features

Total Stories

3


Bedrooms

4 Beds


Bathrooms

2 Baths


Laundry Description

In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.04 Acres

Other Property Details

Taxes

$3,684


Tax Frequency

Annually


Garage

No


View

No


View Description

Other


County

Kings


Pool

No


Buyer Agency Compensation

2.5%

Courtesy of Corcoran Group with Omari Toomer,
Listing Contact: (917) 774-1647 

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.

©2024 The Real Estate Board of New York, Inc., All rights reserved

Data last updated 7:04 PM UTC, 2/27/2024

 

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