494 Monroe Street

Brooklyn, NY 11221

Pending $1,300,000

  • Basement: See Remarks
  • Single Family Residence
  • 9 Rooms
  • 5 Beds
  • 3 Baths
  • 2,280 ft2
  • Built: 1905
  • Heating: Other, See Remarks
  • Cooling: None
  • Taxes $299 (Monthly)
  • Taxes: $3,588 (Yearly)
494 Monroe is a well-maintained Brownstone Charmer with an oasis inspired landscaped backyard. The 2,280 square foot handsome residence currently comprised of 5 bedrooms and 3 baths, highlighting original shutters, classic doors, window moldings, decorative fireplace , banister and spindles.The single family home can be easily converted into a 2 family. Great opportunity to subsidize your mortgage with high monthly rental income and enjoy low real estate taxes at $3597.28/year. Mechanicals are in excellent condition and include a gas-powered central furnace, forced air heat, and 200-amp electrical service. FLEXIBILITY/ INVESTMENT OPPORTUNITY IS KEY! This 3-story property is built 19'x40' and lot dimensions are 19'x100', with an estimated total 2,280 sq. ft. However, with an FAR of 2, there's additional build-able 1520 square footage available to expand on the property. (Please consult an architect). Unfinished basement has external stairway and would make an excellent recreational room for a potential triplex. Owner Garden level is spacious, featuring a your modern open eat-in kitchen, where you be able to share quality time cooking /family style, and still chat away with your guest in the warmth of your living room. Spiral staircase is located in the middle, and leads you to the privacy of the bedrooms. Three spacious bedrooms with your second full bathroom is located on this level. There is also a straight stairway in the hallway to access the bedroom level. Backyard has been thoughtfully landscape with tall pine trees offering shade and privacy to enjoy your raised decked lounging area. While this once primarily residential neighborhood still maintains its intimate charm, several excellent restaurants, coffee shops, wine bars and art galleries, such as Zagat rated Peaches, Saraghina, Do or Dine, Besos offer excellent dining experiences. Located a short walk to the A/C subways, Manhattan is just a 20 minute ride away. As well as Citi bike station just down the block !!
MLSID
H5108579

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Data was last updated 2021-01-15 19:45:00