Property For Sale: Two-Family Townhouse at 411 Monroe Street, Brooklyn, NY 11221 Discover an exceptional opportunity to own a legal two-family townhouse in the vibrant heart of Bedford-Stuyvesant, Brooklyn. Located at 411 Monroe Street, NY 11221, this property is a blank canvas awaiting your vision to transform it into… Read More a meticulously designed masterpiece following a complete renovation. Property Highlights: • Prime Location: Nestled in the historic and culturally rich Bed-Stuy neighborhood, this townhouse offers the perfect blend of urban convenience and community charm. Enjoy proximity to local cafes, restaurants, parks, and easy access to public transportation (J/M/Z trains at Kosciuszko Street or A/C at Utica Avenue). • Two-Family Layout: Ideal for a first-time homebuyer or owner occupant seeking rental income, this spacious townhouse features two separate living units, providing flexibility and potential for customization. • Renovation Potential: With a full renovation, this property offers the chance to create a modern, stylish home tailored to your exact specifications. Envision high-end finishes, open-concept living spaces, and contemporary amenities designed to elevate your lifestyle. • Classic Brooklyn Charm: Retain the historic character of this townhouse with its original architectural details, while incorporating modern upgrades to suit your needs. • Outdoor Space: The property includes a private backyard that can be transformed for entertaining, gardening, or creating your own urban oasis. • Growing Neighborhood: Bedford-Stuyvesant is one of Brooklyn’s most sought-after areas, known for its tree-lined streets, vibrant community, and proximity to Manhattan. Financing Opportunity with FHA 203(k) Loan: Unlock the potential of this townhouse with an FHA 203(k) loan, a unique financing option designed for properties requiring rehabilitation. Listed price factors a combined purchase and renovation. This loan allows you to finance both the purchase and renovation costs in a single mortgage, making it easier to transform 411 Monroe Street into your dream home. With competitive terms and flexible eligibility, the FHA 203(k) loan is perfect for buyers looking to create a customized living space while building equity in a prime Brooklyn location. Consult with a qualified lender to explore this financing option and streamline your path to ownership. Investment Opportunity: Whether you’re looking to craft your dream home, generate rental income, or both, 411 Monroe Street offers endless possibilities. The two-family setup allows for flexible living arrangements or the potential for significant rental revenue in one of Brooklyn’s hottest markets. Seize the Moment: This is your chance to own a piece of Brooklyn’s dynamic Bed-Stuy neighborhood and create a home that reflects your unique style. With a full renovation, this townhouse at 411 Monroe Street can become a stunning showcase of modern design and comfort. Note: All renovations must comply with local zoning and building regulations. Buyer to verify all property details and FHA 203(k) loan eligibility with a lender. Read Less
Listing Courtesy of: Hector Ramos, Keller Williams NYC
Listing Snapshot
Days Online
4
Last Updated
Property Type
MultiFamily
Beds
4
Full Baths
3
Square Ft.
2,000
Lot Size
0.04 Acres
Year Built
1899
MLS Number
RLS20043148
30 Days Snapshot Of 11221
$1.20M
+5%
(avg) sold price
5
+150%
homes sold
113
+169%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement YN: t
Building
Living Area Units: SquareFeet, Rooms Total: 10, Structure Type: House
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by Coldwell Banker Warburg. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
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