Townhouse in Bedford-Stuyvesant, Listed on Feb 28, 2025 (15 days on market)
Welcome to The Metta Sanctuary NYC, Bedford Stuyvesant’s charming historic townhouse, located at 638 Monroe Street, a beautiful tree lined street featuring a row of authentic brownstones.
Boasting a fantastic array of original character like crown moldings, 6 fireplaces, staircase/handrails, chandeliers, skylights, high ceilings, exposed brick and hardwood floors, this warm and welcoming home combines these original details with modern structural renovations such as 3 kitchens, 3 bathrooms, new plumbing, electrical wiring, heating, flooring, appliances/fixtures, French doors and windows, and a standing height laundry and storage room with GE washer/dryer, all renovated in 2019. A brand new boiler installed in 2024.
With both southern and northern exposures, enjoy unobstructed views from the front and the back of the house which brings in drenching sunlight throughout the house all day long.
Enjoy the peaceful large garden with open south/east exposure and privacy, offering a safe sanctuary and retreat oasis to escape city life, relax and recharge. The garden is also an excellent place to host gatherings and plant your own flower/herb/tree/wildlife garden. Tenants have awarded the garden as one of the most popular and valued spaces to use along with the various other communal spaces throughout the building.
The house itself boasts incredible value as does the location, with culinary staples like Saraghina and Trad room as well as charming coffee shops like Early Yves across the street and numerous cafes nearby, nestled amongst the beautiful tree lined blocks of Bed Stuy and surrounded by many other stores, vintage shops, restaurants, wine bars, gyms, schools, hospitals, parks, banks and more. Previous tenants reported that they felt as if the house was taken out of the "Sex and the City" series :) !
Convenient public transportation nearby including the J Gates and the A/C Utica express train subway stations, multiple bus lines, Citi bike stations and easy street parking in front and all around the property.
This stunning move-in ready townhouse can be used in different ways.
The possibilities are endless!
1) Make it your home-sweet-home as a single or multiple family home with your own personal touches
2) Choose to convert it into an awesome owner’s duplex over a lovely garden rental
3) Elect to keep the extraordinarily wonderful tenants for investment purposes with a monthly gross rent income of ~$10,000, annual income of ~$120,000 and cap rate of 6.0%
4) Any other infinite possibilities
Currently this beauty is featuring one of NYC’s leading and innovative intentional co-living plant-based communities, The Metta Sanctuary, a thriving and inspiring business concept. This can be adapted easily to continue as a lucrative business, investment and end user opportunity, all possible options.
Please search "Metta Sanctuary" on facebook.
Shown by private appointment, come visit this Bed Stuy gem at 638 Monroe Street, Brooklyn!
17.5’x100’ lot, 17.5’x40’ house, partial finished basement.
Upcoming Open House
The morning of Sunday, Mar 16
By appointment only.
Key Features
Exposed Brick
Fireplace
High Ceilings
Outdoor Space
Recently Renovated
Light & Bright
Pre-war
Townhouse
City View
Monthly Real Estate Taxes & Estimated Mortgage
Monthly Real Estate Taxes
$331
$0.16 /ft² /mo
Estimated Mortgage
$9,349
Note: the above is only an estimate and is based on a down payment
of 20% ($360,000) and a 30 year fixed mortgage at 6.76%.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.