NOT LISTED FOR SALE

618 Monroe St Unit 201 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $806,000 - $1,034,000

2 Beds
2 Baths
954 Sq Ft
$349/mo HOA Fee

Last Sold July 19, 2021

Last sale price $875,000 $917 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,916/month

97 Days on Market

Highlights

  • Rooftop Deck
  • Laundry Facilities
  • South Facing Home
  • Central Air

About This Home

As of July 2021

Welcome to 618 Monroe Street, a sophisticated, amenity rich 10-unit condominium located on the northern edge of historic Stuyvesant Heights in Brooklyn?s Bedford Stuyvesant neighborhood. A unique building exterior contains harmonious elements of warm brick and concrete textures. Offering Studio, 1-bedroom and 2-bedroom apartments, the dynamically designed units display a suite of top-of-the-line appliances, beautiful hardwood floors and oversized windows. Enter into the furnished lobby with elegant design elements. Amenities include a communal workspace, communal lounge, fitness room and common bike room. A large communal roof deck offers sweeping views of the neighborhood. With the shared garden, owners have plenty of options for entertaining guests outdoors.

Apartment 201 is a sprawling 954 sq ft 2-bedroom, 2-bathroom unit. With European oak floors throughout, the open kitchen includes a Fisher & Paykel refrigerator and Bosch dishwasher. Delta-made faucets grace the Crane Stainless steel sink in the center island. A Bosch range with outside-vented XO hood rounds out the high-end appliances.

The apartment boasts an abundance of southern sunlight showcasing the high ceilings. Both bathrooms, tastefully designed, come with a countertop vanity, brushed nickel Gerber fixtures and highlighted by hand-held Delta showerhead. The en suite off the master bedroom is finished with a blend of over-sized marble; the second bathroom is wrapped in warm gray tile. With ample closet space in each bedroom, a large capacity LG washer and dryer is tucked away within one of two of the unit?s additional storage closets. A 31 sq ft deeded storage unit is also included.

Located just north of Stuy Heights, the building is central to the historical Brownstones that the neighborhood is known for. Residents are close to the Broadway corridor with a multitude of world cuisine restaurants, cocktail bars, breweries and hangouts. The Farmers Market meets at nearby Herbert Von King Park, which also houses the Almira Kennedy Coursey Amphitheatre. Two train stations are conveniently equidistant and close by: the J & Z trains at Gates Ave and the A & C trains at Utica Ave. A little further is the G train at the Bedford-Nostrand station.

Last Agent to Sell the Property

Alexandra Newman

Serhant License #10401267998 Listed on: 02/09/2021

Serhant

Co-Listed By

Mary Wyatt

Corcoran Group License #10301219556

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,572

Lot Details

  • 4,008

HOA Fees

  • $349 Monthly HOA Fees

Interior Spaces

  • 954 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • South Facing Home
  • Central Air

Listing and Financial Details

  • Tax Block 1641

Community Details

Overview

  • 10 Units
  • 618 Monroe St Condos
  • Bedford Stuyvesant Subdivision

Amenities

  • Rooftop Deck
  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,572

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Cross Street: Stuyvesant Avenue & Malcolm X Boulevard
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 954.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden, Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 349.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 618 Monroe St
  • Units: 10
  • Total Stories: 4

Tax Info

  • Tax Block: 1641
  • Tax Annual: 7572.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Jul 19, 2021
Sold by
618 Monroe Development Llc
Bought by
Prati Fabrizio and Stephenson Kristen
Seller's Agent
Alexandra Newman
Serhant
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Current Estimated Value
$897,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,108
Avg. Annual Appreciation
0.99%
Original Mortgage
$787,500
Outstanding Balance
$719,474
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,269
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Prati Fabrizio $875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prati Fabrizio $787,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $875,000 -1.1% $917 / Sq Ft
07/19/2021 07/19/21 Sold $885,000 -1.6% $928 / Sq Ft
02/09/2021 02/09/21 For Sale $899,000 +1.6% $942 / Sq Ft
08/26/2020 08/26/20 Off Market $885,000 -- --
03/28/2020 03/28/20 For Sale $899,000 -- $942 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $7,858 $130,643 $24,281 $106,362
2024 $7,858 $108,885 $24,281 $84,604
2023 $7,710 $90,737 $24,281 $66,456
2022 $7,690 $83,822 $24,281 $59,541
2021 $7,430 $83,822 $24,281 $59,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10698230

Real Estate Board of New York (REBNY)

APN: 01641-1002