NOT LISTED FOR SALE

Estimated Value: $1,525,000 - $2,415,000

4 Beds
4 Baths
3,068 Sq Ft
$673/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2024

Last sale price $2,220,000 $724 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $11,800 / mo

70 Days on Market

About This Home

As of April 2024

Welcome to 511 Monroe Street, a beautiful 3 family townhouse on a charming, tree-lined block in Bed-Stuy. The home offers investors a high yield / turnkey investment opportunity or end users the potential to live in one of the units and enjoy substantial rental income.

The lower duplex offers an expansive, open floor-plan with a fully renovated kitchen featuring stainless steel appliances and custom cabinetry. The garden level of the home boasts a spacious living room and a mudroom leading to a perfectly manicured backyard. Upstairs, the parlor level is dedicated to two bright and spacious bedrooms with original fireplaces and exposed brick walls adding character and an adjacent den. Both bathrooms offer radiant heated flooring.

Units 2 and 3 also feature luxury finishes, beautifully restored decorative fireplace mantels, and gleaming white oak hardwood floors throughout. These units offer sundrenched living rooms, well-appointed kitchens with stainless steel appliances, and spacious bedrooms with ample storage.

511 Monroe is in turnkey condition with a gorgeous facade, welcoming entry vestibule, and intercom system.

With nearby eateries such as Peaches Hot House and Therapy Wine bar, the Raymond Bush Playground and Patrick Van Doren Pocket Park a short walk away, and with easy access to major bus routes and the M line, commuting around town and to Manhattan is a breeze.

Last Agent to Sell the Property

Ari Harkov

Brown Harris Stevens Residential Sales LLC License #10301202788 Listed on: 10/03/2023

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Christian Emanuel

Brown Harris Stevens Residential Sales LLC License #10401241909

Brown Harris Stevens Residential Sales LLC

Last Buyer's Agent

Christian Emanuel

Brown Harris Stevens Residential Sales LLC License #10401241909

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,896

Year Built

  • Built in 1910

Home Design

  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Additional Features

  • 3-Story Property
  • Lot Dimensions are 0.0x19.00
  • Central Air

Community Details

  • 511 Monroe Street Condos
  • Stuyvesant Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0055 / 01634

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,896

Year Built

Built in 1910

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.0x19.00

Building Info

  • New Construction: No
  • Building Name: 511 MONROE STREET
  • Total Stories: 3
  • Year Built: 1910

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01634
  • Tax Lot: 0055
  • Tax Annual: 4896.0

Multi Family

  • Building Area Units: Square Feet

Matterport 3D Tour

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
Oct 3, 2023
Closed on
Apr 1, 2024
Sold by
Bought by
Seller's Agent
Ari Harkov
Brown Harris Stevens Residential Sales LLC
Buyer's Agent
Christian Emanuel
Brown Harris Stevens Residential Sales LLC
List Price
$2,300,000
Sold Price
$2,220,000
Premium/Discount to List
-$80,000
-3.48%
Views
44
Current Estimated Value
$2,065,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$154,372
Avg. Annual Appreciation
-3.06%
Original Mortgage
$387,000
Interest Rate
0.0682%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 2022
Sold by
Bought by

Purchase Details

Closed on
May 31, 2019
Sold by
Bought by

Purchase Details

Closed on
Jul 8, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 2015
Sold by
Bought by

Purchase Details

Listed on
Mar 12, 2014
Closed on
Jan 15, 2015
Sold by
Bought by
Seller's Agent
Jennifer Rhodes
Corcoran Group
List Price
$1,250,000

Purchase Details

Closed on
May 3, 2013
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
$400,000
Interest Rate
0.0451%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2008
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
$533,850
Interest Rate
0.064%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2008
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
$533,850
Interest Rate
0.064%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2008
Sold by
Bought by

Purchase Details

Closed on
May 31, 2006
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
$132,800
Interest Rate
0.0662%

Purchase Details

Closed on
Jan 13, 2006
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
$360,000
Interest Rate
0.0634%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
$2,220,000 --
-- --
-- --
-- --
-- --
-- --
$1,100,000 --
$450,000 --
-- --
-- --
$385,000 --
$1,000 --
$664,000 --
$400,000 --
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
Open $387,000
Open $1,500,000
Closed $276,000
Closed $400,000
Closed $533,850
Previous Owner $132,800
Previous Owner $531,200
Closed $360,000
Previous Owner $360,000
Previous Owner $220,000
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 Prior Sale
04/08/2024 04/08/24 Sold $2,220,000 -3.5% $724 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $2,300,000 +84.0% $750 / Sq Ft
01/26/2015 01/26/15 Sold -- -- -- View Prior Sale
12/27/2014 12/27/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $1,250,000 -- $407 / 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 $5,491 $72,300 $18,360 $53,940
2025 $5,181 $82,260 $18,360 $63,900
2024 $5,181 $82,980 $18,360 $64,620
2023 $4,948 $76,680 $18,360 $58,320
2022 $3,648 $69,540 $18,360 $51,180
2021 $5,081 $75,960 $18,360 $57,600
2020 $2,383 $85,380 $18,360 $67,020
2019 $4,497 $94,440 $18,360 $76,080
2018 $4,139 $20,304 $5,716 $14,588
2017 $4,139 $20,304 $5,872 $14,432
2016 $4,022 $20,119 $6,948 $13,171
2015 $2,310 $18,984 $9,839 $9,145
2014 $2,310 $17,914 $11,135 $6,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10971271

Real Estate Board of New York (REBNY)

APN: 01634-0055

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