2 months on rocket

Sale Pending

498 Monroe St, New York City, NY, 11221

$1,895,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
2,400 SqFt
$790/SqFt
Townhouse
Schools Nearby

Location

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498 Monroe St, New York$1,895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1905
BasementYes
FireplaceDecorative
ViewOther
MLS #RPLU-33422858259
StatusSale Pending

About 498 Monroe St

Generational Craftmanship <br>Impeccable. Stylish. Exquisite. These are just some words that will come to mind when you experience 498 Monroe Street. This 2-unit townhome is not only grand in size, at 2400 SF, but it also sparks grand emotions from everyone interacting with its architectural details that have lasted generations. To step inside this residence is to be transported into classic Brooklyn grandeur. And, to live here would be a New York City Dream come true.<br><br>Your amazement will start at the curb. This home's brownstone facade and cornice exude perfection--and perfection continues into this 20' x 40' home. Two decorative fireplaces and dynamic woodwork will draw your eye to every inch of the parlor floor through oversized doors, moldings draping the windows, wainscoting, and a grand staircase. Whether you love to entertain, need space to lounge, or desire more walls for your art collection, this open floorplan with a spacious living room, spacious kitchen, and neverending luxury is for you. Old-world charm and modernity effortlessly integrate inside the chef's kitchen which features granite countertops, gorgeous cabinetry, and a stainless steel appliance package. From the kitchen, you'll be able to access the serene garden, which will be the perfect setting for morning coffees and warm night ice teas. The good life can happen here.<br><br>The owner's unit is a 3-Bed, 2-Bath duplex, and each bedroom provides the flexibility to live as you please. The owner's bedroom has a generous floor plan for lounging and sleeping, and is complemented by a beautiful decorative fireplace--it is the perfect urban retreat. The two baths are both chic spaces, but the upstairs bath is special; it's a 5-piece spa-like bath with a shower and jacuzzi so you will always have options for getting ready and relaxing. In addition to two gorgeous floors, the owner also has access to an unfinished basement that is waiting for you to turn it into something special. The garden unit is a 2-Bed, 1-Bath simplex that is perfect for rental income or an in-law suite. The aesthetics in this unit are on par with the owner's; decorative fireplaces, exposed brick, and large windows create an ambiance that anyone would anticipate coming home to. Whether you're in the duplex or simplex, living here will be an experience to cherish.<br>498 Monroe Street resides on a picturesque, quiet, tree-lined street in Bedford Stuyvesant, Brooklyn with rows of gorgeous townhomes. Nestled between Marcus Garvey and Lewis Avenue, every amenity you could need is nearby. Amazing transportation, chic shops, and amazing restaurants like Saraghina, Peaches On Lewis Ave and Chez Oscar, Frog Wine Bar are all within a radius of a few blocks. This is not just an opportunity to buy a house, it's a chance to create a home that would put the perfect punctuation on the life you deserve. Find your sweet spot.

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Living Area: 2,400 SqFt

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Toni Martin
  • Agent Phone: (718) 288-7703

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,895,000
  • Price Per SqFt: $790/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

498 Monroe St vs New York

77 DAYS ON ROCKET

-19 Days

$1,895,000

+$1.0M More

$790/SqFt

+$153 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $153/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33422858259

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Toni Martin
  • Agent Phone: (718) 288-7703

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/29/2024, 8:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,525

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,748

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3318424
4
/10
  • PS 44 Marcus Garvey

  • 432 Monroe St

  • 0.16 miles

  • Public District Grades PK-5

school-card-donut-3318425
5
/10
  • Teaching Firms of America Professional Preparatory Charter School

  • 616 Quincy St3rd Fl

  • 0.17 miles

  • Public Charter Grades KG-3

school-card-donut-3318426
4
/10
  • La Cima Charter School

  • 800 Gates Ave

  • 0.30 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,227. Residents of New York, NY typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 498 Monroe St

What is the listing price of this property?

The listing price of 498 Monroe St property is $1,895,000.

What type of property is this?

The property 498 Monroe St is a townhouse located in New York City, New York, 11221.

Is this property for sale now?

Sale Pending: 498 Monroe St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

How many bedrooms and bathrooms does this property have?

The property at 498 Monroe St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 498 Monroe St is 2,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 498 Monroe St is 1905.

Rocket HomesNew YorkKings CountyNew York11221498 Monroe St

This home is located at 498 Monroe St in New York City, NY and zip code 11221 in the Stuyvesant Heights neighborhood. This 2,400 square foot home was built in 1905. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $1,895,000.

While more than 154 listings in New York, NY in March 2024 were sold above asking price, there were more than 645 listings sold at asking price, and more than 748 were sold below. In March 2024 in New York, NY there were 3.7% more homes for sale than in February 2024. While the average time on the market in March 2024 was 96 days, the median list price was $845,489.

From Rocket Homes Real Estate and based on county public records data.

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