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    OFF-MARKET
    Apartment buildings

    36 Monroe St, New York, NY 10002

    1,158 SF
    Property ID
    Property summary
    AI-generated overview

    This stunning two-family brick townhouse, situated on a highly sought-after block in Bedford-Stuyvesant bordering Clinton Hill, presents a unique investment opportunity. The property boasts approximately 1,158 square feet of existing space, with city records indicating an additional 2,284 square feet of buildable square footage, offering significant potential for expansion. The main residence features a spacious, open-plan living and dining area bathed in natural light from floor-to-ceiling windows. A modern kitchen seamlessly connects to a private garden accessible via a steel-framed Ipe and fiberglass slatted deck, perfect for outdoor entertaining. The garden itself is a tranquil oasis, featuring a gas fire pit, mature plantings including a paw-paw tree, and a flowering cherry blossom tree. The second floor comprises two large bedrooms and a full bathroom. A self-contained garden apartment provides additional rental income or the possibility of expanding the main living space. Conveniently located near Franklin Ave Station (A/C subway lines and S shuttle), and served by the B52 and B26 bus routes, the property offers easy access to Downtown Brooklyn and the rest of Bedford-Stuyvesant. Nearby amenities include the Bedford Stuyvesant YMCA, Holistic Home Spa, and a variety of restaurants, cafes, and bars. This meticulously maintained property offers a blend of classic charm and modern convenience, making it an exceptional investment opportunity. The asking price is $2,350,000. The property is zoned R6B.

    Property profile
    Verified
    Property type Apartment buildings
    Total area 1,158 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hamilton-Madison House Family Counselor
    • Hamilton-Madison House Senior Center Community Center
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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