359 Monroe St, Brooklyn, NY 11221

FULLY VACANT LEGAL 3-FAMILY — 4,470 SQ FT OF USABLE INTERIOR SPACE — DIRECT FROM OWNER Rare opportunity to acquire a fully vacant legal 3-family brick property in Bedford-Stuyvesant. Built in 2007, the property offers approximately 4,470 sq ft of usable interior space, consisting of approximately 3,361 sq ft above grade plus a 1,109 sq ft fully finished basement. BUILDING LAYOUT: Two spacious 3-bedroom / 2-full-bath apartments and one 2-bedroom / 2-full-bath apartment, plus a large fully finished basement and a huge private backyard. The property will be delivered 100% vacant, giving the new owner immediate flexibility to occupy, lease, furnish, or establish market rents without inheriting existing tenants or leases. PROPERTY HIGHLIGHTS • Legal 3-family • 8 bedrooms / 6 full bathrooms • Approximately 4,470 sq ft of usable interior space • Approximately 3,361 sq ft above grade • Approximately 1,109 sq ft fully finished basement • Two 3BR/2BA apartments • One 2BR/2BA apartment • Built in 2007 • Brick construction • Separate utilities for each apartment • Large private backyard • Delivered completely vacant • Professional photography available throughout the listing FLEXIBLE OWNER-OCCUPANT OR INVESTMENT OPPORTUNITY The configuration provides multiple possibilities. An owner-occupant can enjoy substantial living space while generating income from the additional apartments, while an investor can lease all three units at current market rents. The large finished basement also provides substantial additional usable space and flexibility for the first-floor owner or occupant. Any change in use or configuration would, of course, be subject to applicable NYC requirements and approvals. Unlike many of Brooklyn's much older multifamily properties, this building was constructed in 2007, offering buyers a relatively modern building while retaining the flexibility and income potential of a traditional Brooklyn multifamily property. LOCATION Located on a residential block in Bedford-Stuyvesant bordering Clinton Hill and Williamsburg with convenient access to public transportation, neighborhood shopping, restaurants, schools and other Brooklyn amenities, with easy access to Manhattan and surrounding neighborhoods. FINANCIALS Annual Taxes: $8,894 Price/SF: $535 Price reduced $6K — seller motivated DIRECT OWNER SALE — NO LISTING AGENT The property is being offered directly by the owner, who has owned and managed the building for more than 20 years. Due to high Demand for showing, Proof of funds or mortgage pre-approval is required prior to scheduling a private showing. All private showings are conducted directly by the owner. Serious and qualified buyers are welcome to contact the owner directly with questions or to arrange a private showing.