The One You Make Your Own.
Some houses arrive finished. Others arrive with something better: good bones, honest character, and room to become exactly what you need. 588 Monroe Street is the latter - a classic two-family Bedford-Stuyvesant townhouse that has remained in the same family for generations, cared for over time, and now ready for your next chapter.
Offered at an approachable entry point for townhouse buyers, this is the kind of opportunity that has become harder to find: a home with solid fundamentals, real architectural charm, and the flexibility to improve now, later, or over time.
Built 18.67 feet wide on a 100-foot lot, the home spans approximately 40 feet deep with additional unused FAR of roughly 1,494 square feet, creating the potential to expand if desired. The current configuration is the classic Brooklyn setup: a garden/parlor owner's duplex with approximately 2.5 bedrooms and 2 baths, plus a 1.5-bedroom, 1 Bath upper residence above.
What makes this property especially compelling is what hasn't happened here. It has not been over-altered, awkwardly chopped up, or neglected beyond repair. Instead, it remains structurally sound, functional, and move-in ready, with key systems, plumbing and electric, in working order. The family has lived here comfortably for years, maintaining the home and preserving the next owner from the kind of overwhelming gut renovation many townhouses require today.
Inside, there is a layered mix of old and new. Original details still speak throughout the home: ceiling medallions, ornate plasterwork, decorative wall and ceiling designs, the original staircase and banister, and beautifully preserved touches like the plaster ribbon detailing that carries through the foyer and stair hall. Kitchens and baths have seen updates over the years, offering usable spaces today while leaving room for cosmetic improvements tomorrow.
That is the key differentiation here: this is not a rescue project. It is a canvas. A house where a thoughtful renovation can honor the past while bringing the interiors into the present. Live in one unit while improving the other. Refresh room by room. Reconfigure as a magnificent single-family. Or maintain the two-family setup and enjoy the flexibility that comes with it.
And then there is the block. Located in the coveted Stuyvesant Heights section of Bedford-Stuyvesant, between Lewis Avenue and Stuyvesant Avenue, this stretch of Monroe is lined with handsome turn-of-the-century townhouses, mature trees, and the kind of streetscape that defines classic brownstone Brooklyn. When paired with amazing transportation, chic eateries, and dynamic shops, it feels residential, rooted, and ready to be deeply loved.
This is the chance to buy the house with the right ingredients in the right place - the kind of home where doing a little can go a very long way.
Find your sweet spot.
In contract
$1,599,000
588 Monroe St, Brooklyn, NY 11221
5beds
2,241sqft
Multi Family
Built in 1899
-- sqft lot
$-- Zestimate®
$714/sqft
$-- HOA
What's special
- 56 days |
- 452 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Corcoran 718-288-7703,
Toni M Martin
Source: StreetEasy,MLS#: S1825857
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Washer/Dryer
Features
- Flooring: Hardwood
Interior area
- Total structure area: 2,241
- Total interior livable area: 2,241 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Garden
- Has view: Yes
- View description: Garden, Skyline
Details
- Parcel number: 016400036
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1899
Community & HOA
Community
- Subdivision: Stuyvesant Heights
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $714/sqft
- Tax assessed value: $1,542,000
- Annual tax amount: $4,056
- Date on market: 5/1/2026
Estimated market value
Not available
Estimated sales range
Not available
$4,632/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Contingent | $1,599,000$714/sqft |
Source: StreetEasy #S1825857 Report a problem | ||
| 5/2/2026 | Listed for sale | $1,599,000$714/sqft |
Source: StreetEasy #S1825857 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,066 +4.6% | $92,520 -15% |
| 2024 | $3,886 | $108,840 +4.8% |
| 2023 | -- | $103,860 +24.4% |
| 2022 | -- | $83,460 +1.6% |
| 2021 | -- | $82,140 -17.5% |
| 2020 | $1,148 +9.6% | $99,600 +25.8% |
| 2019 | $1,047 -68.9% | $79,200 +391.2% |
| 2018 | $3,373 +7.4% | $16,123 +4.7% |
| 2017 | $3,140 +18.7% | $15,405 +2.2% |
| 2016 | $2,645 | $15,078 +6% |
| 2015 | $2,645 +72.5% | $14,230 +5.9% |
| 2014 | $1,533 | $13,436 |
| 2013 | -- | $13,436 +4.7% |
| 2012 | -- | $12,838 +2.2% |
| 2011 | -- | $12,565 +6% |
| 2010 | -- | $11,859 +5.9% |
| 2009 | -- | $11,197 |
| 2008 | -- | $11,197 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Bedford-Stuyvesant
Nearby schools
GreatSchools rating
- 3/10Ps 308 Clara CardwellGrades: PK-8Distance: 0.1 mi
- 1/10Boys and Girls High SchoolGrades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.




