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Key Details
Sold Price $2,600,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $722
Subdivision Bedford-Stuyvesant
MLS Listing ID RLS10888136
Sold Date 09/14/23
Bedrooms 8
Full Baths 4
HOA Y/N No
Property Sub-Type Multi Family
Property Description
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.
Location
State NY
County Kings
Building Detail https://bhre.com/nyc/buildings/140-monroe-st&sold-listing=true
Interior
Fireplace No
Appliance Washer Dryer Allowed
Exterior
Private Pool No
Building
Story 3
Others
Pets Allowed Pets Allowed
Pets Allowed Building Yes, No
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RLS Data display by Brooklyn Heights Real Estate