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228 Monroe Street

Monroe Street and Monroe Street
Townhouse
$2,299,000

Reduced price

Annual Taxes: $11,000
What will this home cost?
Subway Lines
Subway number A Subway number C Subway number G Subway number S
Nearby Subway Stations
Subway number A Nostrand Ave - Fulton St
Subway number C Nostrand Ave - Fulton St
Subway number G Nostrand Ave - Lafayette Ave
Subway number S Franklin Ave - Fulton St
Essentials
Price $2,299,000
Type Townhouse
Units 4
Floors 4
Bedrooms 11
Bathrooms 4
Rooms 15
Approx. Sq. Ft. 4,800
Key Features
Guarantors Allowed
Garden
Cable Ready
High-Speed Internet

LOCATION-LOCATION-LOCATION ... 228 Monroe is an over-sized 4 story legal 4 family brownstone which offers tremendous investment opportunity for the right investor. The building is built 20×60 and 4 stories totaling 4,800 Square feet. All four units are currently set up as full floor 3 bedroom apartments, with a owner duplex being delivered vacant. All existing tenants are month to month. Each unit has separate boilers. The building's current monthly cash flow is $7,800.00, monthly taxes of $1,033.00 with tremendous rental upside. Also the perfect opportunity for a condo conversion.

The property is located within a few short blocks to the A, C, and G subway lines, offering quick and easy access to Manhattan. It is also within walking distance to some of the best bars and restaurants Bed-Stuy has to offer. The subject offering provides a new owner with the opportunity to acquire a very high income producing building in a very desirable neighborhood.

Owner motivated.

Agent
Bedford-Stuyvesant
Living in Bedford-Stuyvesant
Culturally diverse and abundant in history Bed Stuy is one of Brooklyn's most famous neighborhoods. Featured in Spike Lee's seminal movie 'Do the Right Thing' it is home to many notable performers past and present from rapper, Biggie Smalls to Jay Z to Norah Jones. In the last few years, it has seen an influx of stores, restaurants, and bars, which mix with the many historic buildings and homes throughout the neighborhood to create a beautiful and vibrant community. It is connected to much of the city through numerous subway lines including the 3,4, A, C and G.
Explore Bedford-Stuyvesant

Reduced price

228 Monroe Street
Monroe Street and Monroe Street
Townhouse
Essentials
Price $2,299,000
Annual Taxes $11,000
Type Townhouse
Units 4
Floors 4
Bedrooms 11
Bathrooms 4
Rooms 15
Approx. Sq. Ft. 4,800

LOCATION-LOCATION-LOCATION ... 228 Monroe is an over-sized 4 story legal 4 family brownstone which offers tremendous investment opportunity for the right investor. The building is built 20×60 and 4 stories totaling 4,800 Square feet. All four units are currently set up as full floor 3 bedroom apartments, with a owner duplex being delivered vacant. All existing tenants are month to month. Each unit has separate boilers. The building's current monthly cash flow is $7,800.00, monthly taxes of $1,033.00 with tremendous rental upside. Also the perfect opportunity for a condo conversion.

The property is located within a few short blocks to the A, C, and G subway lines, offering quick and easy access to Manhattan. It is also within walking distance to some of the best bars and restaurants Bed-Stuy has to offer. The subject offering provides a new owner with the opportunity to acquire a very high income producing building in a very desirable neighborhood.

Owner motivated.

Guarantors Allowed
Garden
Cable Ready
High-Speed Internet
Bedford-Stuyvesant
Living in Bedford-Stuyvesant
Culturally diverse and abundant in history Bed Stuy is one of Brooklyn's most famous neighborhoods. Featured in Spike Lee's seminal movie 'Do the Right Thing' it is home to many notable performers past and present from rapper, Biggie Smalls to Jay Z to Norah Jones. In the last few years, it has seen an influx of stores, restaurants, and bars, which mix with the many historic buildings and homes throughout the neighborhood to create a beautiful and vibrant community. It is connected to much of the city through numerous subway lines including the 3,4, A, C and G.
Explore Bedford-Stuyvesant
Subway Lines
Subway number A Subway number C Subway number G Subway number S
Nearby Subway Stations
Subway number A Nostrand Ave - Fulton St
Subway number C Nostrand Ave - Fulton St
Subway number G Nostrand Ave - Lafayette Ave
Subway number S Franklin Ave - Fulton St