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Sold
WEB ID: 5861746

522 Monroe Street Bedford - Stuyvesant, Brooklyn, NY 11221

Bedford - Stuyvesant, Brooklyn, NY 11221

sold | Apartment Building | Built in 1905

2 beds
1 bath
$1,300,000 USD
  • Annual Tax: $3,372.00

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The Details

About 522 Monroe Street, Bedford - Stuyvesant, Brooklyn, NY 11221

MARCUS GARVEY BOULEVARD and LEWIS AVENUE
Excellent Investment Opportunity at this 20 foot wide, 3-family, 4 story Bedford Stuyvesant Brownstone in need of a full gut renovation. Ideally laid out as 1 lower duplex and 2 upper floor through apartments. Once renovated the units will garner approximately, $3,200 for EACH floor through and $5,500 for the lower duplex, totaling a yearly rent roll of $142,800 and a CAP RATE of over 6%. Located just a few blocks...
Listing Courtesy of Corcoran, David Beegun, (718) 422-2517, RLS data displayed by Corcoran Group
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Listing agent

Get to know Bedford-Stuyvesant

Bedford-Stuyvesant (often shortened to Bed-Stuy) is a neighborhood that could only exist in New York City. A sizeable, trapezoid-shaped chunk out of north Brooklyn, the community in Bed-Stuy is a tight-knit world unto itself while still being an inextricable part of the borough’s fabric. The aesthetic appeal of Bed-Stuy is obvious as historic, ornately detailed homes sit along its tree-lined streets. Construction of these stately residences began in the 1870s, and they remain largely intact and untouched to this day. In fact, the number of buildings constructed before the turn of the 20th century reaches upwards of 8,000. Subway service covers several letters of the alphabet: The A and C run under Fulton Street near the neighborhood’s southern boundary, the JMZ travels above its northeastern border of Broadway, and the G slides down and out through Marcy and Lafayette avenues.

Bedford-Stuyvesant Neighborhood Guide
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about the building

522 Monroe Street

Apartment Building in Bedford-Stuyvesant

Marcus Garvey Boulevard And Lewis Avenue

  • 3 UNITS
  • 4 STORIES
  • 1905 BUILT

Sales History for 522 Monroe Street
datepricelisting status
12/13/2019$1,300,000Sold

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    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer. Images may be digitally enhanced photos, virtually staged photos, artists' renderings of future conditions, or otherwise modified, and therefore may not necessarily reflect actual site conditions. Accordingly, interested parties must confirm actual site conditions for themselves, in person.