NOT LISTED FOR SALE

Estimated Value: $1,484,664 - $1,695,000

4 Beds
2 Baths
2,241 Sq Ft
$716/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $1,525,000 $680 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,742/month

319 Days on Market

About This Home

As of June 2024

Here's an opportunity to own a piece of history in one of Brooklyn's most sought-after neighborhoods. 582 Monroe St is an exquisite 2-family townhouse that boasts stunning Brick-Faced Neo-Grec style architecture and charming details that transport you back in time. Located in the heart of Stuyvesant Heights, this beautiful townhouse offers its residents a sophisticated living experience.

Whether looking for a spacious home or an investment property with rental income potential, 582 Monroe St is a perfect choice. Currently used as two bedroom duplex with one bedroom rental above, this property offers a versatile layout that new homeowners can tailor to meet their unique needs. The building has a full cellar, and a walk-in English basement with two additional floors above, providing ample space for all your needs.

Enter through the ornate, wrought-iron gate and be welcomed by a charming front garden that leads you into the owner's duplex. The interior of the owner's duplex is equally impressive, featuring an open living, dining, and kitchen layout with stunning hardwood floors and coffered ceilings. Newly renovated, the kitchen boasts top-of-the-line stainless steel appliances overlooking a south-facing garden perfect for outdoor dining and entertaining. Upstairs, the owner's duplex boasts two spacious bedrooms with a closet that is as big as some bedrooms. 582 Monroe has been loveling cared for, and it shows in the meticulous upkeep of the one-bedroom rental unit on the top floor.

This townhouse is on a picturesque tree-lined block, offering breathtaking views and a peaceful environment. But owning this piece of history is about more than just the charm and versatility of the property. It's also about convenience to Manhattan, central to the A and C trains and the J Train.

With its prime location in the Bedford-Stuyvesant neighborhood of Brooklyn, this property is sure to appreciate over time. Investors should take note of the increasing demand for properties in this area, as well as the countless amenities within walking distance. 582 Monroe is privileged to be near Chez Oscar, Saraghina, Mama Fox, L'Antagoniste, and The Coop School.

Historically, Brooklyn has always been a preferred destination for renters seeking a blend of style and convenience. Investing in this property comes with the added benefit of historical significance, and studies have shown that properties located in historic districts often experience a premium on their value. In a world where uncertainty prevails, investing in a property that offers historical charm and financial benefits is rare. Make the smart investment choice today and own a piece of Brooklyn's iconic history at 582 Monroe St in Bedford-Stuyvesant.

Last Agent to Sell the Property

Omari Toomer

Corcoran Group License #10401202891 Listed on: 08/01/2023

Corcoran Group

Last Buyer's Agent

Alessandra Delacruz

Compass License #10401248939

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,684

Year Built

  • Built in 1899

Lot Details

  • 1,867 Sq Ft Lot
  • Lot Dimensions are 100.00x18.67

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 2 Units
  • Stuyvesant Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0032 / 01640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,684

Year Built

Built in 1899

Lot Details

1,867 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1867.0
  • Lot Size Dimensions: 100.00x18.67

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 01640
  • Tax Lot: 0032
  • Tax Annual: 3684.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Jun 24, 2024
Sold by
Priester Annette
Bought by
Zananiri Elias
Seller's Agent
Omari Toomer
Corcoran Group
Buyer's Agent
Alessandra Delacruz
Compass
List Price
$1,675,000
Sold Price
$1,525,000
Premium/Discount to List
-$150,000
-8.96%
Views
87
Current Estimated Value
$1,604,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,916
Avg. Annual Appreciation
2.98%
Original Mortgage
$1,220,000
Outstanding Balance
$1,203,248
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$401,668

Purchase Details

Closed on
Mar 7, 2011
Sold by
Steve Casholo Inc
Bought by
Priester Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,832
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2010
Sold by
Booker Gary
Bought by
Steve Casholo Inc

Purchase Details

Closed on
Feb 6, 2009
Sold by
Exqquisite Quality Construction Inc
Bought by
Booker Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2006
Sold by
Jeffers Robert D
Bought by
Lafontant Armel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2006
Sold by
Cummings Eric
Bought by
Jeffers Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.28%

Purchase Details

Closed on
Sep 15, 2004
Sold by
Guy America Development Enterprises Corp
Bought by
Bandhu Vishnu

Purchase Details

Closed on
Jul 26, 2004
Sold by
Dlc Interests Inc
Bought by
Cummings Eric

Purchase Details

Closed on
Jun 19, 2003
Sold by
Harris Jerrol
Bought by
Anderson Anthony E

Purchase Details

Closed on
Oct 5, 2000
Sold by
Moses Daniel
Bought by
Harris Jerrol
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zananiri Elias $1,525,000 --
Zananiri Elias $1,525,000 --
Priester Annette $480,000 --
Priester Annette $480,000 --
Steve Casholo Inc -- --
Steve Casholo Inc -- --
Booker Gary $650,000 --
Exqquisite Quality Construction Inc $370,000 --
Booker Gary $650,000 --
Exqquisite Quality Construction Inc $370,000 --
Lafontant Armel $690,000 --
Lafontant Armel $690,000 --
Jeffers Robert D $472,500 --
Jeffers Robert D $472,500 --
Bandhu Vishnu -- --
Bandhu Vishnu -- --
Cummings Eric $640,000 --
Cummings Eric $640,000 --
Anderson Anthony E $308,000 --
Dlc Interests Inc -- --
Anderson Anthony E $308,000 --
Dlc Interests Inc -- --
Harris Jerrol $212,000 Stewart Title Insurance Co
Harris Jerrol $212,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zananiri Elias $1,220,000
Closed Zananiri Elias $1,220,000
Previous Owner Priester Annette $467,832
Previous Owner Booker Gary $520,000
Previous Owner Lafontant Armel $138,000
Previous Owner Lafontant Armel $552,000
Previous Owner Jeffers Robert D $94,500
Previous Owner Jeffers Robert D $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $1,525,000 -9.0% $680 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
12/05/2023 12/05/23 For Sale $1,675,000 +9.8% $747 / Sq Ft
12/01/2023 12/01/23 Off Market $1,525,000 -- --
08/16/2023 08/16/23 Price Changed $1,675,000 -6.9% $747 / Sq Ft
08/01/2023 08/01/23 For Sale $1,799,999 +18.0% $803 / Sq Ft
07/25/2023 07/25/23 Off Market $1,525,000 -- --
06/13/2023 06/13/23 Price Changed $1,799,999 -12.2% $803 / Sq Ft
05/03/2023 05/03/23 For Sale $2,050,000 0.0% $915 / Sq Ft
05/01/2023 05/01/23 Off Market $2,050,000 -- --
04/21/2023 04/21/23 For Sale $2,050,000 -- $915 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $3,605 $92,520 $18,960 $73,560
2024 $3,605 $108,840 $18,960 $89,880
2023 $2,070 $103,860 $18,960 $84,900
2022 $1,828 $83,460 $18,960 $64,500
2021 $3,512 $82,140 $18,960 $63,180
2020 $1,638 $99,600 $18,960 $80,640
2019 $3,080 $79,200 $18,960 $60,240
2018 $2,989 $16,123 $3,889 $12,234
2017 $2,841 $15,405 $4,824 $10,581
2016 $2,704 $15,078 $5,659 $9,419
2015 $1,533 $14,230 $7,095 $7,135
2014 $1,533 $13,436 $8,034 $5,402
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10974503

Real Estate Board of New York (REBNY)

APN: 01640-0032

Your Personal Tour Guide

Ask me questions while you tour the home.