NOT LISTED FOR SALE

708 Monroe St Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,048,650

3 Beds
2 Baths
5,000 Sq Ft
$210/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2023

Last sale price $999,000 $200 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,987 / mo

98 Days on Market

About This Home

As of June 2023

VACANT LAND - A 20.42 wide x 100.00 Lot Size block through residence building that is located on tree line 708 Monroe St. The LAND has DOB Approved Plans for four story build up-ground-up building. This is vacant land as is. Four story of each floor can be built 3BR and 2bath residential which would allow the building to be built appx 5,000 Sq.ft + basement above ground. Excellent Investment Opportunity on a beautiful tree line street in Stuyvesant Heights, Malcolm X Blvd and Patchen Avenue. The property also has great modes of transportation, with the J, Z train on State Station.. Note: The information above is from sources we deem reliable, but we make no representation or warranties as to the accuracy of information. The above offer is subject to change or withdrawal without any notice. All prospective purchasers should seek professional consultation prior to any commitment to purchase. Approved Plans from DOB.

Last Agent to Sell the Property

Sherri Shang

Douglas Elliman Real Estate License #40SH0946650 Listed on: 12/16/2022

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,047

Home Design

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 01642

Property Details

Home Type

Multi-Family

Lot Details

2,047 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 5000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 2

Tax Info

  • Tax Block: 01642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Jun 7, 2023
Sold by
Wyz Collaborates Llc
Bought by
Pdg 708 Monroe Llc
Seller's Agent
Sherri Shang
Douglas Elliman Real Estate
List Price
$1,125,000
Sold Price
$999,000
Premium/Discount to List
-$126,000
-11.2%
Current Estimated Value
$1,048,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,650
Avg. Annual Appreciation
1.68%
Original Mortgage
$749,520
Outstanding Balance
$723,795
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$324,855

Purchase Details

Listed on
Jun 6, 2017
Closed on
Jul 27, 2017
Sold by
Hampton Luisa and Hampton Tommy
Bought by
Wyz Collaborates Llc
Buyer's Agent
NON MEMBER
Sold Price
$930,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.23%
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

Date Buyer Sale Price Title Company
Pdg 708 Monroe Llc $999,000 --
Pdg 708 Monroe Llc $999,000 --
Pdg 708 Monroe Llc $999,000 --
Wyz Collaborates Llc $930,000 --
Wyz Collaborates Llc $930,000 --
Wyz Collaborates Llc $930,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pdg 708 Monroe Llc $749,520
Closed Pdg 708 Monroe Llc $749,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2023 06/07/23 Sold $999,000 -11.2% $200 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
12/16/2022 12/16/22 For Sale $1,125,000 +21.0% $225 / Sq Ft
07/27/2017 07/27/17 Sold $930,000 -- $569 / Sq Ft View Prior Sale
06/06/2017 06/06/17 Pending -- -- --
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
2026 $5,118 $107,550 $107,550 --
2025 $2,672 $113,400 $113,400 --
2024 $2,672 $119,250 $119,250 $0
2023 $2,008 $96,480 $16,740 $79,740
2022 $1,945 $79,740 $16,740 $63,000
2021 $1,937 $71,760 $16,740 $55,020
2019 $1,723 $66,360 $16,740 $49,620
2018 $1,679 $8,238 $1,966 $6,272
2017 $1,655 $8,118 $2,352 $5,766
2016 $1,533 $7,671 $3,002 $4,669
2015 $924 $7,239 $3,935 $3,304
2014 $924 $6,865 $4,478 $2,387
Source: Public Records

Agents Affiliated with this Home

  • Sherri Shang

    Seller's Agent in 2023

    Sherri Shang

    Douglas Elliman Real Estate

    (917) 603-8275

    1 in this area

    32 Total Sales

    Sherri Shang
    Section Image

  • N

    Buyer's Agent in 2017

    NON MEMBER

See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10854209

Real Estate Board of New York (REBNY)

APN: 01642-0024

New York Kings County Brooklyn 11221 Bed-Stuy

708 Monroe St, Brooklyn, NY

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.

Real Estate Board of New York (REBNY) 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.

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