Rare opportunity to acquire a fully vacant legal 3-family brick building in a prime Bedford-Stuyvesant location near the Clinton Hill and Williamsburg borders. Built in 2007, this meticulously maintained property offers 8 bedrooms, 6 full bathrooms, approximately 3,361 sq ft of above-grade living space, plus a huge finished basement of approximately 1,109 sq ft, for a total usable interior space of approximately 4,470 sq ft.
No tenant headaches. Delivered completely vacant and ready for immediate occupancy, leasing, furnished rentals, corporate housing, student housing, multi-generational living, or long-term investment.
Modern construction means significantly lower maintenance than many century-old Brooklyn brownstones. Separate utilities, private backyard, and flexible layouts provide exceptional versatility for both investors and owner-occupants.
Conveniently located near Manhattan, Williamsburg, universities, hospitals, shopping, dining, and public transportation.
Proof of funds or mortgage pre-approval required prior to scheduling private showings. Showings and negotiations are conducted directly by the owner.
PROPERTY HIGHLIGHTS
Turn-Key & Vacant: Delivered 100% vacant at closing—set your own market rents from Day 1.
Modern Construction (Built 2007): Enjoy the durability of a classic brick building without the headache and high maintenance of century-old brownstone upkeep.
Spacious Layouts: 8 BR / 6 BA across three functional units featuring hardwood floors throughout and updated kitchens with granite countertops.
Bonus Spaces: Includes a huge, fully finished basement and a rare, private backyard perfect for outdoor dining and entertaining.
Tenant-Paid Utilities: Separate gas and electric meters for each unit, keeping landlord overhead exceptionally low.
Furnished Flexibility: Turn-key furnished options are available (perfect for immediate mid-term rental or corporate housing operations).
PROVEN INVESTMENT POTENTIAL
Since its acquisition, this property has been highly successful as both a traditional unfurnished rental and a premium furnished rental. It boasts a proven track record of strong, consistent demand from high-quality tenant pools, including:
Young professionals & corporate tenants
Graduate students & visiting academics
Medical professionals from nearby healthcare centers
LOCATION, LOCATION, LOCATION
Nestled on a beautiful, quiet, tree-lined Bed-Stuy block, the property offers the quintessential Brooklyn lifestyle while remaining highly accessible. Tenants and owners alike will love being minutes away from local universities, top-tier hospitals, bustling neighborhood amenities, cafes, and multiple transit options for a quick, seamless commute into Manhattan.
VERSATILITY AT ITS BEST
Whether you are seeking:
A high-yield, long-term portfolio asset
A primary residence where your tenants pay your mortgage
A multi-generational compound
A turn-key co-living or corporate housing play
...359 Monroe Street delivers on every front.
VIEWING REQUIREMENTS
Due to high demand and the rare nature of this vacancy: Proof of funds or mortgage pre-approval is required prior to scheduling private showings. No exceptions.
For sale by owner
Price cut: $6K (9/3)
$2,393,500
359 Monroe St, Brooklyn, NY 11221
8beds
4,470sqft
MultiFamily
Built in 2007
-- sqft lot
$-- Zestimate®
$535/sqft
$-- HOA
What's special
Separate utilitiesHardwood floors throughoutSpacious layouts
What the owner loves about this home
No tenant headaches — delivered empty, ready to lease or occupy immediately
Modern construction — lower maintenance than century-old brownstones
Proven rental demand — young professionals, medical staff, academics, corporate tenants
Flexible use — pure investment, owner-occupied, or multi-generational
Outdoor space + finished basement — massive differentiator in Bed-Stuy
Tree-lined block near transit, hospitals, universities, and Manhattan
- 119 days
- 494
- 23
Listed by:
Property Owner (929) 382-4879
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Gas
Appliances
- Included: Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Carpet, Hardwood
- Basement: Finished
Interior area
- Total interior livable area: 4,470 sqft
Video & virtual tour
Property
Parking
- Parking features: On-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: City
Lot
- Size: 3,328 Square Feet
Details
- Parcel number: 018150069
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 2007
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $535/sqft
- Tax assessed value: $1,279,000
- Annual tax amount: $8,894
- Date on market: 6/1/2026
Estimated market value
Not available
Estimated sales range
Not available
$6,575/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Price change | $2,393,500-0.3%$535/sqft |
Source: Owner Report a problem | ||
| 6/6/2026 | Listed for sale | $2,399,500+9.1%$537/sqft |
Source: | ||
| 7/11/2018 | Listing removed | $2,199,000$492/sqft |
Source: Strategic Group Report a problem | ||
| 6/22/2018 | Price change | $2,199,000-8.3%$492/sqft |
Source: Strategic Group Report a problem | ||
| 6/14/2018 | Price change | $2,399,000-4%$537/sqft |
Source: Strategic Group Report a problem | ||
| 6/11/2018 | Listed for sale | $2,499,000+204.8%$559/sqft |
Source: Strategic Group Report a problem | ||
| 5/10/2007 | Sold | $820,000$183/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,894 +4.7% | $76,740 +6.1% |
| 2024 | $8,493 | $72,300 +13.1% |
| 2023 | -- | $63,900 +9.1% |
| 2022 | -- | $58,560 -8.8% |
| 2021 | -- | $64,200 -15.7% |
| 2020 | $7,907 +6% | $76,200 -9.6% |
| 2019 | $7,459 +7.3% | $84,300 +153.6% |
| 2018 | $6,955 +8.8% | $33,245 +6% |
| 2017 | $6,394 +4.2% | $31,364 |
| 2016 | $6,133 | $31,364 +0.8% |
| 2015 | $6,133 +71.9% | $31,129 +6% |
| 2014 | $3,569 | $29,367 +6% |
| 2013 | -- | $27,705 +6% |
| 2012 | -- | $26,137 |
| 2011 | -- | $26,137 |
| 2010 | -- | $26,137 |
| 2009 | -- | $26,137 +1% |
| 2008 | -- | $25,876 +1289.7% |
| 2007 | -- | $1,862 |
Find assessor info on the county website







