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411 Monroe Street Multifamily 2 UnitsBrooklyn, NY 11221

For Sale

$1,500,000

Smart Buyer Rebate $18,750

Property For Sale: Two-Family Townhouse at 411 Monroe Street, Brooklyn, NY 11221

Discover an exceptional opportunity to own a legal two-family townhouse in the vibrant heart of Bedford-Stuyvesant, Brooklyn. Located at 411 Monroe Street, NY 11221, this property is a blank canvas awaiting your vision to transform it into a meticulously designed masterpiece following a complete renovation.

Property Highlights:

• Prime Location: Nestled in the historic and culturally rich Bed-Stuy neighborhood, this townhouse offers the perfect blend of urban convenience and community charm. Enjoy proximity to local cafes, restaurants, parks, and easy access to public transportation (J/M/Z trains at Kosciuszko Street or A/C at Utica Avenue).

• Two-Family Layout: Ideal for a first-time homebuyer or owner occupant seeking rental income, this spacious townhouse features two separate living units, providing flexibility and potential for customization.

• Renovation Potential: With a full renovation, this property offers the chance to create a modern, stylish home tailored to your exact specifications. Envision high-end finishes, open-concept living spaces, and contemporary amenities designed to elevate your lifestyle.

• Classic Brooklyn Charm: Retain the historic character of this townhouse with its original architectural details, while incorporating modern upgrades to suit your needs.

• Outdoor Space: The property includes a private backyard that can be transformed for entertaining, gardening, or creating your own urban oasis.

• Growing Neighborhood: Bedford-Stuyvesant is one of Brooklyn’s most sought-after areas, known for its tree-lined streets, vibrant community, and proximity to Manhattan.

Financing Opportunity with FHA 203(k) Loan: Unlock the potential of this townhouse with an FHA 203(k) loan, a unique financing option designed for properties requiring rehabilitation. Listed price factors a combined purchase and renovation. This loan allows you to finance both the purchase and renovation costs in a single mortgage, making it easier to transform 411 Monroe Street into your dream home. With competitive terms and flexible eligibility, the FHA 203(k) loan is perfect for buyers looking to create a customized living space while building equity in a prime Brooklyn location. Consult with a qualified lender to explore this financing option and streamline your path to ownership.

Investment Opportunity: Whether you’re looking to craft your dream home, generate rental income, or both, 411 Monroe Street offers endless possibilities. The two-family setup allows for flexible living arrangements or the potential for significant rental revenue in one of Brooklyn’s hottest markets.

Seize the Moment: This is your chance to own a piece of Brooklyn’s dynamic Bed-Stuy neighborhood and create a home that reflects your unique style. With a full renovation, this townhouse at 411 Monroe Street can become a stunning showcase of modern design and comfort.

Note: All renovations must comply with local zoning and building regulations. Buyer to verify all property details and FHA 203(k) loan eligibility with a lender.

Listed by Hector Ramos

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License #10401377601

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Keller Williams NYC

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(347) 439-0878

Last updated August 22, 2025

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Source: REBNY #RLS20043148

Listing Facts

  • TypeMulti-family
  • NeighborhoodBedford-Stuyvesant
  • Bedrooms4
  • Bathrooms3
  • Days on Prevu24
  • Taxes$2,885/year

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

08/15/2025
Listed by Keller Williams NYC
$1,500,000

Estimated Closing Costs

Total
$54,350
Attorney Fees
$4,000
NYC Mansion Tax
$15,000
Title Insurance
$6,750
Bank Attorney
$1,500
Mortgage Recording Tax
$23,100
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,500,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 411 Monroe Street Multifamily 2 Units

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Exterior

Construction

  • Number Of Units Total: 2
  • Property Condition: Good Condition
  • Stories Total: 2
  • Structure Type: House
  • Year Built: 1899

Measurements

  • Building Area Total: 2,000
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,667
  • Lot Size Dimensions: 1,667
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $2,885.00

Interior

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Basement: Concrete, Walk-Up Access, Walk-Out Access
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Rooms Total: 10

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Stuyvesant Heights
  • Tax Block: 01816
  • Tax Lot: 0068

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.