NY > Brooklyn > Stuyvesant Heights > 411 Monroe Street
Brooklyn, NY 11221,411 Monroe Street #Multi-family 2 Units
Listing Courtesy of Keller Williams NYC
$1,500,000
Est. payment /mo
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4 Beds
3 Baths
New

411 Monroe Street #Multi-family 2 Units Brooklyn, NY 11221

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Stuyvesant Heights

MLS Listing ID RLS20043148

Bedrooms 4

HOA Y/N Yes

Year Built 1899

Annual Tax Amount $2,885

Property Sub-Type Multi Family

Property Description

Property For Sale: Two-Family Townhouse at 411 Monroe Street, Brooklyn, NY 11221

Discover an exceptional opportunity to own a legal two-family townhouse in the vibrant heart of Bedford-Stuyvesant, Brooklyn. Located at 411 Monroe Street, NY 11221, this property is a blank canvas awaiting your vision to transform it into a meticulously designed masterpiece following a complete renovation.

Property Highlights:

• Prime Location: Nestled in the historic and culturally rich Bed-Stuy neighborhood, this townhouse offers the perfect blend of urban convenience and community charm. Enjoy proximity to local cafes, restaurants, parks, and easy access to public transportation (J/M/Z trains at Kosciuszko Street or A/C at Utica Avenue).

• Two-Family Layout: Ideal for a first-time homebuyer or owner occupant seeking rental income, this spacious townhouse features two separate living units, providing flexibility and potential for customization.

• Renovation Potential: With a full renovation, this property offers the chance to create a modern, stylish home tailored to your exact specifications. Envision high-end finishes, open-concept living spaces, and contemporary amenities designed to elevate your lifestyle.

• Classic Brooklyn Charm: Retain the historic character of this townhouse with its original architectural details, while incorporating modern upgrades to suit your needs.

• Outdoor Space: The property includes a private backyard that can be transformed for entertaining, gardening, or creating your own urban oasis.

• Growing Neighborhood: Bedford-Stuyvesant is one of Brooklyn's most sought-after areas, known for its tree-lined streets, vibrant community, and proximity to Manhattan.

Financing Opportunity with FHA 203(k) Loan: Unlock the potential of this townhouse with an FHA 203(k) loan, a unique financing option designed for properties requiring rehabilitation. Listed price factors a combined purchase and renovation. This loan allows you to finance both the purchase and renovation costs in a single mortgage, making it easier to transform 411 Monroe Street into your dream home. With competitive terms and flexible eligibility, the FHA 203(k) loan is perfect for buyers looking to create a customized living space while building equity in a prime Brooklyn location. Consult with a qualified lender to explore this financing option and streamline your path to ownership.

Investment Opportunity: Whether you're looking to craft your dream home, generate rental income, or both, 411 Monroe Street offers endless possibilities. The two-family setup allows for flexible living arrangements or the potential for significant rental revenue in one of Brooklyn's hottest markets.

Seize the Moment: This is your chance to own a piece of Brooklyn's dynamic Bed-Stuy neighborhood and create a home that reflects your unique style. With a full renovation, this townhouse at 411 Monroe Street can become a stunning showcase of modern design and comfort.

Note: All renovations must comply with local zoning and building regulations. Buyer to verify all property details and FHA 203(k) loan eligibility with a lender.

Location

State NY

County Kings

Building 411 Monroe Street

Rooms

Basement Concrete, Walk-Up Access, Walk-Out Access

Interior

Furnishings Unfurnished

Fireplace No

Laundry Building Other, Other

Exterior

Present Use Multi-Family

Private Pool No

Building

Dwelling Type House

Story 2

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $240

Special Listing Condition Standard

Pets Allowed Building Yes, Yes

REBNY IDX
RLS Data display by Manhattan Miami Real Estate

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agent

Anthony Guerriero

Broker

+1(646) 376-8752

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411 Monroe Street #Multi-family 2 Units

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