12 months on rocket

Sale Pending

582 Monroe St, New York City, NY, 11221

$1,675,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
Townhouse
Schools Nearby

Location

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582 Monroe St, New York$1,675,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1899
ViewOther
MLS #RPLU-33422417922
StatusSale Pending

About 582 Monroe St

Here's an opportunity to own a piece of history in one of Brooklyn's most sought-after neighborhoods. 582 Monroe St is an exquisite 2-family townhouse that boasts stunning Brick-Faced Neo-Grec style architecture and charming details that transport you back in time. Located in the heart of Stuyvesant Heights, this beautiful townhouse offers its residents a sophisticated living experience.<br><br>Whether looking for a spacious home or an investment property with rental income potential, 582 Monroe St is a perfect choice. Currently used as two bedroom duplex with one bedroom rental above, this property offers a versatile layout that new homeowners can tailor to meet their unique needs. The building has a full cellar, and a walk-in English basement with two additional floors above, providing ample space for all your needs.<br><br>Enter through the ornate, wrought-iron gate and be welcomed by a charming front garden that leads you into the owner's duplex. The interior of the owner's duplex is equally impressive, featuring an open living, dining, and kitchen layout with stunning hardwood floors and coffered ceilings. Newly renovated, the kitchen boasts top-of-the-line stainless steel appliances overlooking a south-facing garden perfect for outdoor dining and entertaining. Upstairs, the owner's duplex boasts two spacious bedrooms with a closet that is as big as some bedrooms. 582 Monroe has been loveling cared for, and it shows in the meticulous upkeep of the one-bedroom rental unit on the top floor.<br><br>This townhouse is on a picturesque tree-lined block, offering breathtaking views and a peaceful environment. But owning this piece of history is about more than just the charm and versatility of the property. It's also about convenience to Manhattan, central to the A and C trains and the J Train.<br><br>With its prime location in the Bedford-Stuyvesant neighborhood of Brooklyn, this property is sure to appreciate over time. Investors should take note of the increasing demand for properties in this area, as well as the countless amenities within walking distance. 582 Monroe is privileged to be near Chez Oscar, Saraghina, Mama Fox, L'Antagoniste, and The Coop School.<br><br>Historically, Brooklyn has always been a preferred destination for renters seeking a blend of style and convenience. Investing in this property comes with the added benefit of historical significance, and studies have shown that properties located in historic districts often experience a premium on their value. In a world where uncertainty prevails, investing in a property that offers historical charm and financial benefits is rare. Make the smart investment choice today and own a piece of Brooklyn's iconic history at 582 Monroe St in Bedford-Stuyvesant.

Property Details

Property Features

Property Information:

  • Year Built: 1899

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Omari Toomer
  • Agent Phone: (917) 774-1647

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,675,000
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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

582 Monroe St vs New York

363 DAYS ON ROCKET

+267 Days

$1,675,000

+$829.5K More

KEY TAKEAWAY

This property is $829.5K more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33422417922

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Omari Toomer
  • Agent Phone: (917) 774-1647

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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: 4/19/2024, 7:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$8,427

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,088

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-379672
4
/10
  • La Cima Charter School

  • 800 Gates Ave

  • 0.10 miles

  • Public Charter Grades KG-5

school-card-donut-379673
5
/10
  • Teaching Firms of America Professional Preparatory Charter School

  • 616 Quincy St3rd Fl

  • 0.13 miles

  • Public Charter Grades KG-3

school-card-donut-379674
6
/10
  • PS 26 Jesse Owens

  • 1014 Lafayette Ave

  • 0.35 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,222. Typical income of New York, NY residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 582 Monroe St

What is the listing price of this property?

The listing price of 582 Monroe St property is $1,675,000.

What type of property is this?

The property 582 Monroe St is a townhouse located in New York City, New York, 11221.

Is this property for sale now?

Sale Pending: 582 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 582 Monroe St has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 582 Monroe St is 1899.

Rocket HomesNew YorkKings CountyNew York11221582 Monroe St

This home is located at 582 Monroe St in New York City, NY and zip code 11221 in the Stuyvesant Heights neighborhood. This home was built in 1899. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 21, 2023 and is currently priced at $1,675,000.

In March 2024, from all listings sold in New York, NY there were more than 154 sold above asking price, over 748 sold below and more than 645 were sold right at the asked price. In March 2024 in New York, NY there were 3.7% more homes for sale than in February 2024. Listings spent 96 days on the market in March 2024, and had a median list price of $845,489 during the same period.

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

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