Seller's Agent in 2020
Ian Parker
Corcoran Group
(718) 810-5104
5 in this area
11 Total Sales
228 Monroe St Brooklyn, NY 11216
Bed-Stuy Neighborhood
11
Beds
4
Baths
4,800
Sq Ft
--
Built
About This Home
As of April 2020LOCATION-LOCATION-LOCATION ... 228 Monroe is an over-sized 4 story legal 4 family brownstone which offers tremendous investment opportunity for the right investor. The building is built 2060 and 4 stories totaling 4,800 Square feet. All four units are currently set up as full floor 3 bedroom apartments, with a owner duplex being delivered vacant. All existing tenants are month to month. Each unit has separate boilers. The building's current monthly cash flow is $7,800.00, monthly taxes of $1,033.00 with tremendous rental upside. Also the perfect opportunity for a condo conversion. The property is located within a few short blocks to the A, C, and G subway lines, offering quick and easy access to Manhattan. It is also within walking distance to some of the best bars and restaurants Bed-Stuy has to offer. The subject offering provides a new owner with the opportunity to acquire a very high income producing building in a very desirable neighborhood.Owner motivated.
Last Agent to Sell the Property
Corcoran Group License #40PA1152722 Listed on: 09/08/2019
Property Details
Home Type
- Multi-Family
Home Design
- Pre War Building
Bedrooms and Bathrooms
- 11 Bedrooms
- 4 Full Bathrooms
Additional Features
- 4-Story Property
- Lot Dimensions are 20.0 x 100.0
Community Details
- 4 Units
- Bedford Stuyvesant Subdivision
Listing and Financial Details
- Tax Block 1818
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 04/23/2020 04/23/20 | Sold | $2,100,000 | -12.5% | $438 / Sq Ft |
| 03/24/2020 03/24/20 | Pending | -- | -- | -- |
| 08/16/2019 08/16/19 | For Sale | $2,399,000 | -- | $500 / 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 | $17,248 | $528,750 | $36,000 | $492,750 |
| 2025 | $15,973 | $440,550 | $36,000 | $404,550 |
| 2024 | $15,973 | $409,320 | $36,000 | $373,320 |
| 2023 | $15,673 | $341,100 | $36,000 | $305,100 |
| 2022 | $14,831 | $284,400 | $36,000 | $248,400 |
| 2021 | $13,769 | $227,565 | $36,000 | $191,565 |
| 2020 | $6,401 | $220,950 | $36,000 | $184,950 |
| 2019 | $12,395 | $184,140 | $36,000 | $148,140 |
| 2018 | $12,500 | $98,280 | $23,057 | $75,223 |
| 2017 | $11,860 | $93,245 | $24,619 | $68,626 |
| 2016 | $11,131 | $86,342 | $28,543 | $57,799 |
| 2015 | $7,226 | $81,648 | $32,336 | $49,312 |
| 2014 | $7,226 | $75,600 | $36,000 | $39,600 |
Source: Public Records
Agents Affiliated with this Home
-
Ian Parker
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10621957
APN: 01818-0007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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