45 days on Market
Townhouse Facts
-
Year Built: 1849Minimum Down: 20%Total Floors: 4Listed: Oct 7, 2024Days on Market: 45Building Type: TownhouseNeighborhood: Brooklyn Heights (Brooklyn)
Est. Monthly Mortgage:
$42,424
Mortgage calculator
Total Est. Monthly Carrying Cost:
$42,424
Note: the above is based on a down payment of 20% ($1,599,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Spacious Living: A generous 25' wide layout on a 100' lot, providing ample space for customization. Perfect for creating a dream home tailored to your specific needs and preferences.
- Prime Location: Located on one of Brooklyn Heights' most sought-after 'Place' blocks, ensuring minimal street traffic. Enjoy the charm and community of this prestigious neighborhood.
- Investment Potential: An attractive opportunity for visionary developers to respond to the demand for ultra-high-end luxurious homes. Potential for additional 2,000 square feet of FAR, enhancing value.
- No Fee Rental: A rare no-fee rental offering, making it an appealing choice for prospective tenants. Enjoy the benefits of luxury living without the added costs.
- Pre-War Charm: Classic pre-war building features that add character and elegance. Experience the timeless appeal of a historic residence in a modern city.
- Historic Brownstone: Beautifully-preserved 1849 Brownstone, offering a unique blend of history and luxury. Nestled in the heart of Brooklyn Heights, this residence is one of the most photographed homes in the area.
Description
If you’ve been following the recent surge in sales of upscale townhomes in Brooklyn Heights, then you’re probably aware that homes like this beautifully-preserved 25’ wide 1849 Brownstone on a 100’ lot are extremely hard to come by.
For the first time in 61 years, 5 Monroe Place is offered for sale and stands as one of Brooklyn Heights’ most beautiful residences, nestled into the heart of the community of its most sought-after "Place" blocks - providing a charming aesthetic with minimal street traffic. It should come as no surprise that it has been one of the most photographed homes in the community. In fact, the owners often joke that this has proven to be "better than any insurance policy".
In a market dominated by properties that were built by others for others at exorbitant prices, 5 Monroe Place offers a compelling and budget-friendly chance to create your ideal home, customized to your unique tastes and needs.
Undoubtedly, this attractive and affordable opportunity to design and build your own perfectly-situated dream home, tailored to your exact preferences and requirements is a sure-fire way to get you into your dream home without compromising one bit on location. With an abundance of space configured in a way that lends itself to easy restoration to its original glory and most importantly - to your specific needs, 5 Monroe Place is truly an opportunity to love where you live.
Likewise, this offering presents visionary developers and builders of all types an opportunity to respond to New York’s insatiable appetite for ultra-high-end luxurious homes.
Could this be just the opportunity you were looking for? Let’s talk!
Note: According to Property Shark, the property may include an additional 2,000 square feet of FAR.
Corcoran is not an architect or a real estate attorney, all interested buyers should confirm the information provided.
For the first time in 61 years, 5 Monroe Place is offered for sale and stands as one of Brooklyn Heights’ most beautiful residences, nestled into the heart of the community of its most sought-after "Place" blocks - providing a charming aesthetic with minimal street traffic. It should come as no surprise that it has been one of the most photographed homes in the community. In fact, the owners often joke that this has proven to be "better than any insurance policy".
In a market dominated by properties that were built by others for others at exorbitant prices, 5 Monroe Place offers a compelling and budget-friendly chance to create your ideal home, customized to your unique tastes and needs.
Undoubtedly, this attractive and affordable opportunity to design and build your own perfectly-situated dream home, tailored to your exact preferences and requirements is a sure-fire way to get you into your dream home without compromising one bit on location. With an abundance of space configured in a way that lends itself to easy restoration to its original glory and most importantly - to your specific needs, 5 Monroe Place is truly an opportunity to love where you live.
Likewise, this offering presents visionary developers and builders of all types an opportunity to respond to New York’s insatiable appetite for ultra-high-end luxurious homes.
Could this be just the opportunity you were looking for? Let’s talk!
Note: According to Property Shark, the property may include an additional 2,000 square feet of FAR.
Corcoran is not an architect or a real estate attorney, all interested buyers should confirm the information provided.
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Building Amenities
- Pre War
Listing courtesy of
Corcoran Group
Pricing History
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