Prime Investment at a Prime Location
Monroe Street between Bedford and Nostrand Avenues is a leafy, quiet block in Bedford Stuyvesant, near the border of Clinton Hill. At Number 140 stands a three story, Italianate brownstone (circa 1899), configured as four free-market apartments.
The entire building has been fully renovated, including all new windows, kitchens and baths. 2021 upgrades include a new roof and water heaters. The basement has tenant-friendly amenities: a cash-free, income producing laundry and generous shelved storage. Building-wide sprinklers and the wireless video system provide a sense of security for tenants and owner alike.
Each of the bright floor-through apartments has been smartly designed and finished, and is separately metered for tenant-paid heat and hot water. The kitchens feature granite-topped, crisp white cabinetry, tiled backsplashes, and Frigidaire stainless steel appliances; the baths are nicely outfitted and tiled, as well. The roster of long term tenants attests to the building's many desirable qualities.
Bedford Stuyvesant is widely recognized as one of Brooklyn's most vibrant and culturally rich neighborhoods, home to innovative dining, shopping and recreation. There is a City Bike dock directly across the street; nearby transportation includes the A/C, G and S trains, B52 bus line and LIRR for travel throughout Brooklyn, to Manhattan and beyond.
Ideal as a savvy starter investment or valuable enhancement to a legacy portfolio, 140 Monroe Street is ready to start performing on Day One. Complete setup is available upon request.
Sold for $2,600,000
$2,600,000
140 Monroe St, Brooklyn, NY 11216
8beds
3,600sqft
MultiFamily
Built in 1899
-- sqft lot
$3,058,600 Zestimate®
$722/sqft
$-- Estimated rent
Home value
$3,058,600
$2.57M - $3.67M
Not available
Zestimate® history
Owner options
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$16,659/mo
Est. payment
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$16,659/mo
Est. payment
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List your homeWhat's special
New windowsTiled backsplashesInnovative diningNew roofBuilding-wide sprinklersFree-market apartmentsWireless video system
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- None
Appliances
- Included: Dryer, Washer
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 3,600 sqft
Property
Parking
- Parking features: None
Lot
- Size: 2,000 Square Feet
Details
- Parcel number: 018170014
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1899
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $722/sqft
- Tax assessed value: $1,639,000
- Annual tax amount: $14,723
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2023 | Sold | $2,600,000+4%$722/sqft |
Source: Public Record Report a problem | ||
| 7/25/2023 | Pending sale | $2,500,000$694/sqft |
Source: StreetEasy Report a problem | ||
| 6/6/2023 | Listed for sale | $2,500,000+31.6%$694/sqft |
Source: StreetEasy Report a problem | ||
| 1/22/2021 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 1/20/2021 | Listed for rent | $2,500+35.1%$1/sqft |
Source: StreetEasy Report a problem | ||
| 3/5/2015 | Sold | $1,900,000-4.8%$528/sqft |
Source: Public Record Report a problem | ||
| 1/29/2015 | Pending sale | $1,995,000$554/sqft |
Source: Corcoran #3356424 Report a problem | ||
| 1/29/2015 | Listed for sale | $1,995,000$554/sqft |
Source: Corcoran #3356424 Report a problem | ||
| 11/27/2014 | Pending sale | $1,995,000$554/sqft |
Source: Corcoran #3356424 Report a problem | ||
| 9/19/2014 | Listed for sale | $1,995,000+369.4%$554/sqft |
Source: The Corcoran Group #3356424 Report a problem | ||
| 8/18/2014 | Listing removed | $1,850$1/sqft |
Source: Stuyvesant Heights Brokerage Co, Report a problem | ||
| 7/9/2014 | Listed for rent | $1,850$1/sqft |
Source: Stuyvesant Heights Brokerage Co, Report a problem | ||
| 9/8/2010 | Sold | $425,000$118/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,723 +7.5% | $737,550 +17.2% |
| 2024 | $13,702 | $629,550 +13.9% |
| 2023 | -- | $552,600 +20% |
| 2022 | -- | $460,350 +22.5% |
| 2021 | -- | $375,750 |
| 2020 | $11,357 +8% | $375,750 +20% |
| 2019 | $10,516 | $313,200 +271.5% |
| 2018 | -- | $84,306 |
| 2017 | $10,723 +5.8% | $84,306 +7.1% |
| 2016 | $10,139 | $78,699 +8% |
| 2015 | $10,139 +486.4% | $72,870 +40.2% |
| 2014 | $1,729 | $51,982 +287.6% |
| 2013 | -- | $13,410 +5.9% |
| 2012 | -- | $12,662 +5.8% |
| 2011 | -- | $11,967 +0% |
| 2010 | -- | $11,962 +1% |
| 2009 | -- | $11,839 +5.9% |
| 2008 | -- | $11,175 +5.9% |
| 2007 | -- | $10,552 +5.8% |
| 2006 | -- | $9,973 +0% |
| 2005 | -- | $9,969 +1% |
| 2004 | -- | $9,866 +5.9% |
| 2003 | -- | $9,313 +5.9% |
| 2002 | -- | $8,794 +5.8% |
| 2001 | -- | $8,311 +0% |
| 2000 | -- | $8,308 |
Find assessor info on the county website
Neighborhood: Bedford-Stuyvesant
Nearby homes
- $1,518,8003 bd1 ba900 sqft140 Monroe St #3, Brooklyn, NY 11216Off Market

- $1,310,6002 bd1 ba900 sqft140 Monroe St #2, Brooklyn, NY 11216Off Market

- $1,847,600-- bd-- ba2.5k sqft138 Monroe St, Brooklyn, NY 11216Off Market
- $1,639,000-- bd-- ba3.6k sqft142 Monroe St, Brooklyn, NY 11216Off Market
- $--1 bd1 ba-- sqft142 Monroe St #5, Brooklyn, NY 11216Off Market
- $3,187,7004 bd4 ba2.5k sqft136 Monroe St, Brooklyn, NY 11216Off Market
- $--1 bd1 ba2.3k sqft136 Monroe St FLOOR 1, Brooklyn, NY 11216Off Market
- $1,627,000-- bd0 ba1k sqft144 Monroe St, Brooklyn, NY 11216Off Market
Nearby schools
GreatSchools rating
- 5/10Ps 3 The Bedford VillageGrades: PK-5Distance: 0.2 mi
- 5/10Urban Assembly Unison School (The)Grades: 6-8Distance: 0.4 mi
- 9/10Bedford Academy High SchoolGrades: 9-12Distance: 0 mi