1 Monroe St Brooklyn, NY 11238
Bed-Stuy NeighborhoodEstimated payment $10,173/month
About This Home
Positioned prominently on the corner of Classon Avenue and Monroe Street, 1 Monroe Street is a rare opportunity to own a 20-ft-wide, 52-ft-deep townhouse set on an oversized 25-foot-wide lot. Currently configured as an income-producing three-family residence, this property offers exceptional flexibility for investors and end users alike.
Each of the three free-market apartments occupies a full-floor footprint, providing generous living space, excellent light, and two full bathrooms per unit. The garden apartment offers direct access to the expansive backyard, creating an ideal indoor-outdoor flow perfect for entertaining, gardening, or quiet relaxation.
Whether you choose to maintain the building as a strong income-producing asset or reimagine it as a grand single-family residence, 1 Monroe Street presents unlimited potential on a sizable lot in a prime Brooklyn location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,136
Year Built
- Built in 1998
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 80.00x20.00
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,120 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Full Bathrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
Utilities
- No Cooling
Community Details
- 3 Units
- Bedford Stuyvesant Subdivision
Listing and Financial Details
- Legal Lot and Block 0001 / 01985
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,207 | $112,560 | $15,060 | $97,500 |
| 2024 | $7,207 | $112,560 | $15,060 | $97,500 |
| 2023 | $6,970 | $111,840 | $15,060 | $96,780 |
| 2022 | $6,707 | $91,560 | $15,060 | $76,500 |
| 2021 | $6,670 | $100,440 | $15,060 | $85,380 |
| 2020 | $3,128 | $121,800 | $15,060 | $106,740 |
| 2019 | $6,255 | $96,960 | $15,060 | $81,900 |
| 2018 | $5,830 | $28,598 | $3,865 | $24,733 |
| 2017 | $5,707 | $27,997 | $5,970 | $22,027 |
| 2016 | $5,280 | $26,413 | $7,603 | $18,810 |
| 2015 | $3,186 | $24,919 | $10,762 | $14,157 |
| 2014 | $3,186 | $24,919 | $12,923 | $11,996 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/02/2026 03/02/26 | For Sale | $1,800,000 | 0.0% | $577 / Sq Ft |
| 05/25/2023 05/25/23 | Rented | $3,200 | 0.0% | -- |
| 05/10/2023 05/10/23 | For Rent | $3,200 | 0.0% | -- |
| 08/29/2018 08/29/18 | For Rent | $3,200 | -- | -- |
| 08/29/2018 08/29/18 | Rented | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $625,000 | -- | |
| Bargain Sale Deed | $319,000 | Regal Title | |
| Trustee Deed | $60,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $425,000 | Purchase Money Mortgage | |
| Previous Owner | $318,815 | FHA |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20074408
APN: 01985-0001
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RLS Data display by Homes.com LLC
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