36 Monroe St, New York, NY 10002
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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