NOT LISTED FOR SALE
8 Beds
4 Baths
3,600 Sq Ft
-- Built

Sale Details

Date Sold: September 14, 2023

Last sale price $2,600,000 $722 Per Sq Ft

48 Days on Market

About This Home

As of September 2023

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.

Last Agent to Sell the Property

Beth Hirsch

Brown Harris Stevens Residential Sales LLC License #10301200406 Listed on: 06/06/2023

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 3,600 Sq Ft Home
  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Community Details

  • 4 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 01817

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 3600.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 8

Garage/Parking

  • Garage: No

Building Info

  • Units: 4
  • Total Stories: 3

Tax Info

  • Tax Block: 01817

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Sep 14, 2023
Sold by
Bought by
Seller's Agent
Beth Hirsch
Brown Harris Stevens Residential Sales LLC
List Price
$2,500,000
Sold Price
$2,600,000
Premium/Discount to List
$100,000
4%
Views
155

Purchase Details

Closed on
Feb 12, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$907,000
Interest Rate
0.0364%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2010
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,600,000 --
$1,900,000 --
$425,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $907,000
Closed $340,000
Closed $1,160,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/14/2023 09/14/23 Sold $2,600,000 +4.0% $722 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $2,500,000 -- $694 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,796 $865,800 $93,600 $772,200
2025 $13,702 $737,550 $93,600 $643,950
2024 $13,702 $629,550 $93,600 $535,950
2023 $13,444 $552,600 $93,600 $459,000
2022 $9,745 $460,350 $93,600 $366,750
2021 $12,063 $375,750 $93,600 $282,150
2020 $5,491 $375,750 $93,600 $282,150
2019 $10,542 $313,200 $93,600 $219,600
2018 $10,723 $84,306 $30,234 $54,072
2017 $10,723 $84,306 $28,747 $55,559
2016 $10,146 $78,699 $25,497 $53,202
2015 $1,729 $72,870 $18,899 $53,971
2014 $1,729 $51,982 $14,005 $37,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10888136

Real Estate Board of New York (REBNY)

APN: 01817-0014

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