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747 Monroe St 3 Unit Apartment Building $2,376,500 CAD ($792,167 CAD/Unit) Brooklyn, NY 11221
Investment Highlights
- The area is also near popular green spaces such as Saratoga Park and Herbert Von King Park.
- A neighborhood that has historic brownstones, cultural vibrancy, and community atmosphere.
- Offers convenient access to the Gates Avenue [J, Z] and Kosciuszko Street [J] subway stations, providing a quick commute to Manhattan.
Executive Summary
Asset CRG Advisors has been exclusively retained to sell 747 Monroe Street, a three-story multi-family building located in the heart of Bedford-Stuyvesant, Brooklyn. The property offers 3,140 square feet of built area on a 1,500 square foot lot, currently in the final stages of a two-family renovation. With approximately $300,000 remaining to complete construction, this asset presents a rare opportunity for investors or end users to customize the finishing touches and maximize value. Set within one of Brooklyn’s most dynamic neighborhoods, the building will be delivered vacant, offering immediate flexibility for redevelopment or occupancy. Its prime location near the Utica Avenue [A, C] and Gates Avenue [J, Z] subway stations ensures excellent connectivity to Downtown Brooklyn and Manhattan. Residents enjoy proximity to major retailers such as Target, Home Depot, Starbucks, and CVS, enhancing the property’s overall appeal and convenience.
Property Facts
| Price | $2,376,500 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $792,167 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.03 AC |
| No. Units | 3 | Building Size | 3,140 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2020 |
| Zoning | R6 - Medium density residential district | ||
| Price | $2,376,500 CAD |
| Price Per Unit | $792,167 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 3,140 SF |
| No. Stories | 3 |
| Year Built | 2020 |
| Zoning | R6 - Medium density residential district |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 3 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 01638-0086 | Improvements Assessment | $75,794 CAD |
| Land Assessment | $17,125 CAD | Total Assessment | $92,920 CAD |
Property Taxes
Parcel Number
01638-0086
Land Assessment
$17,125 CAD
Improvements Assessment
$75,794 CAD
Total Assessment
$92,920 CAD
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747 Monroe St
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