NOT LISTED FOR SALE

Estimated Value: $1,546,000 - $1,979,000

5 Beds
5 Baths
2,500 Sq Ft
$682/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $2,260,000 $904 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $9,342/month

145 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Gates Avenue
  • Central Air
  • Terrace
  • Building Terrace

About This Home

As of March 2023

An idyllic expression of townhouse living, this light-filled Neo-Grec brownstone has been carefully adapted to modern sensibilities while retaining its original grandeur.

Consist of an owner, duplex, three-bedroom, two and half-bathroom home over a two-bedroom garden apartment.

Of all the beautiful homes in Bedford-Stuyvesant, the recently renovated residence at 789 Monroe St stands out as undeniably unique.

Originally built in 1899, this stunning brownstone boasts over 3,200 square feet of living space, including a gorgeous two-floor duplex and an equally well-appointed two-bedroom garden apartment, ideal as staff quarters, guest accommodations or an income-generating rental unit.

Sitting 20' wide, this brownstone combines space and flow to create the perfect oasis. The duplex seamlessly merges interior spaces with the rear multi-level garden to create a serene indoor-outdoor living experience. With extreme precaution, care, and attention to detail, the parlor floor was completely restored to its original glory. The white-on-white chef's kitchen dazzles with top of the line appliances and countertops. All windows in the home are Andersen, giving the new buyer the best in the industry windows. All details were restored including the gorgeous mantles, crown moldings, shutters and banisters.

A palatial primary room where a sun-drenched primary bedroom is accompanied by a bathroom equipped for royalty. Additionally, there is a terrace right off the bedroom, allowing you to enjoy a nice glass of wine or cup of coffee right off your bedroom. Two more spacious bedrooms are on the top the floor, both with original shutters and ample closet space. Another full bathroom and a convenient laundry closet complete this floor.

789 Monroe Street is at the epicenter of vibrant Bedford-Stuyvesant living and surround by the area's best restaurants, nightlife and local hangouts. Saraghina, Peaches, Reinald Salgado Playground, Chez Oscar and many other hotspots are all over are all within easy reach. Nearby A/C, J and Z trains offer fantastic access to transportation, putting Lower Manhattan just 30 minutes away. Don't miss this rare opportunity to call this perfectly conceived townhouse yours.

Last Agent to Sell the Property

Afik Evenn

Massada Home Sales Inc License #10401318644 Listed on: 10/11/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • 2,004

Home Design

  • Pre War Building

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property
  • Decorative Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Terrace
  • Lot Dimensions are 20.0 x 100.0
  • Central Air

Community Details

  • Stuyvesant Heights Subdivision
  • Building Terrace

Listing and Financial Details

  • Legal Lot and Block 63 / 1638

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Patchen Avenue/Ralph Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Living Area: 2500.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Building Cooling, Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1638
  • Tax Lot: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2018
Sold by
Jenkins Kasun J
Bought by
Banuelos Joel
Current Estimated Value
$1,705,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Outstanding Balance
$803,375
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$901,759

Purchase Details

Closed on
Oct 12, 2006
Sold by
Bsdc Neighborhood Homes Housing Developm
Bought by
Jenkins Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2000
Sold by
Helpline Soul Rescue Ministry Inc
Bought by
Hud

Purchase Details

Closed on
Jun 29, 1998
Sold by
Cook Conna M
Bought by
Helpline Soul Rescue Ministry Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,800
Interest Rate
6.92%
Mortgage Type
FHA
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
Banuelos Joel $1,190,000 --
Jenkins Kevin $502,000 --
Hud $500 --
Helpline Soul Rescue Ministry Inc $137,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banuelos Joel $952,000
Previous Owner Jenkins Kevin $388,000
Previous Owner Helpline Soul Rescue Ministry Inc $201,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2023 03/06/23 Sold $2,260,000 +0.4% $904 / Sq Ft
10/21/2022 10/21/22 For Sale $2,250,000 -0.4% $900 / Sq Ft
10/11/2022 10/11/22 Off Market $2,260,000 -- --
10/11/2022 10/11/22 For Sale $2,250,000 -- $900 / 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 $5,207 $101,160 $18,840 $82,320
2024 $5,207 $89,460 $18,840 $70,620
2023 $5,221 $109,740 $18,840 $90,900
2022 $5,132 $88,200 $18,840 $69,360
2021 $5,108 $68,100 $18,840 $49,260
2020 $2,396 $82,320 $18,840 $63,480
2019 $4,519 $65,460 $18,840 $46,620
2018 $4,367 $21,422 $6,076 $15,346
2017 $4,067 $21,422 $9,582 $11,840
2016 $3,734 $20,227 $12,214 $8,013
2015 $2,218 $19,083 $17,299 $1,784
2014 $2,218 $18,003 $14,312 $3,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10841565

Real Estate Board of New York (REBNY)

APN: 01638-0062