- For Sale $1,399,000
- Property Type Land
- Property Size 5,034 SF
- Lot Size 2,250 SF
- Additional Rent Contact for pricing
- Year Built 2019
- Date Updated Jun 14, 2024
Summary: Mid-construction opportunity in the Bedford-Stuyvesant neighborhood of Brooklyn. Approved plans for a 4-story, 6-unit condo building. Foundation, concrete, and steel work complete up to third floor. The property is 30% complete and needs $1,000,000 to complete.
May be eligible for 421A Tax Abatement. Budget plan and plans can be provided per request. Asking $1,399,000 ($277 a foot)
Prime Location: This development property represents a compelling investment opportunity. Bedford-Stuyvesant, celebrated for its historic charm, cultural vibrancy, and strategic proximity to downtown Brooklyn and Manhattan, emerges as an appealing choice for astute investors.
Appreciation Potential: Introducing a remarkable development opportunity strategically nestled in the vibrant heart of Bedford-Stuyvesant. This project offers a distinctive investment proposition within Brooklyn's thriving real estate landscape. With approved plans for a 4-story, 6-unit condo building, this property not only provides ample space but also promises versatility for diverse development ventures. Its prime location ensures proximity to essential amenities, excellent transportation links, and a burgeoning community, making it an ideal choice for discerning investors seeking long-term growth potential in Brooklyn's dynamic market.
Excellent Connectivity: Nestled in Bedford-Stuyvesant, this property provides seamless connectivity to subway access, streamlining residents' journeys in Brooklyn. Transportation options include the nearby Gates Av [J,Z] Subway Station.
Proximity to Amenities: Experience unparalleled convenience at this strategically positioned development property, offering discerning investors effortless access to local amenities and shops. Nearby gems include McDonald's, Starbucks, Chase Bank, Burger King, Food Bazaar, TD Bank and Blink Fitness. Collectively, these amenities enhance the overall living experience, fostering a holistic and connected community.
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Attachments
False
Contacts
Jonathan Aronov
Location
Getting Around
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Walk Score ®
87/100 Very Walkable -
Transit Score ®
98/100 Rider's Paradise -
Bike Score ®
74/100 Very Bikeable
- City Brooklyn, NY
- Neighborhood Bedford-Stuyvesant
- Zip Code 11221
- Market Brooklyn
Points of Interest
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Kingston–Throop Avenues
0.53 miles
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Kosciuszko Street
0.64 miles
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Nostrand Avenue Station Entrance
0.79 miles
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Bedford–Nostrand Avenues
0.84 miles
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Gates Avenue
0.84 miles
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Flushing Avenue
0.92 miles
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Franklin Avenue
1.04 miles
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Halsey Street
1.12 miles
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Classon Avenue
1.17 miles
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New Bell Car Service
1.18 miles
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Pure Energy
0.58 miles
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BP
0.70 miles
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Xpress Lane
0.71 miles
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Shell
0.73 miles
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Exxon
0.76 miles
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Speedy Gas
0.85 miles
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Mobil
0.99 miles
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Revel
1.05 miles
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Tesla Supercharger
1.77 miles
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ChargePoint
2.21 miles
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Cielo Garage
1.50 miles
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MMP Parking LLC
1.52 miles
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Underhill Garage
1.60 miles
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The Brooklyn Museum and Botanic Garden
1.80 miles
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Havens Place Lot
1.93 miles
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Rapid Park
2.04 miles
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Kings County Parking Garage
2.13 miles
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Garfield Garage
2.29 miles
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School bus parking
2.31 miles
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NYPD Brooklyn Tow Pound
2.39 miles
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Artel 535
0.64 miles
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Holiday Inn Express
0.65 miles
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Mirage Brooklyn
0.70 miles
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La Quinta
0.87 miles
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The Brooklyn Hotel
0.90 miles
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Marina Hotel
1.00 miles
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The Brooklyn Riviera Hostel
1.10 miles
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Hotel Bogart Street, Brooklyn
1.19 miles
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New York Moore Hostel
1.19 miles
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New York Loft Hostel
1.20 miles
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Lewis Avenue Soul Food & Sea Food Restaurant
0.18 miles
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Garnacha Bite
0.27 miles
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Lucky House Kitchen
0.27 miles
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Saragina's
0.28 miles
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King's Kitchen
0.28 miles
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Ma and Pop
0.29 miles
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Beso
0.32 miles
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Chickin Feastin
0.33 miles
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Tamá
0.33 miles
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Rocco Pizza III
0.34 miles
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Public School 129
0.16 miles
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Public School 25
0.34 miles
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Junior High School K057 Whitelaw Reid
0.37 miles
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K385 School of Business Finance and Entrepreneurship
0.40 miles
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Public School 18
0.43 miles
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Public School 26
0.45 miles
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Public School 304
0.48 miles
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K553 Brooklyn Academy High School
0.53 miles
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Saint Johns Preparatory School
0.54 miles
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Boys High School
0.55 miles
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Little Sun People
0.69 miles
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Bambi Day Care Center
0.73 miles
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Simcha Tots
0.83 miles
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Friends of Crown Heights Educational Center
0.86 miles
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Mi Casita
0.91 miles
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Our Children The Leaders of Tomorrow
0.91 miles
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Tender Tots
0.97 miles
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Little Lola & Tots
1.03 miles
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The Learning Experience
1.04 miles
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People's Daycare
1.05 miles
Frequently Asked Questions
How much does 481 Monroe St cost?
The space currently listed for sale at 481 Monroe St asks for $1,399,000.
What is the total square footage of 481 Monroe St?
481 Monroe St totals 5,034 square feet.
When was this property built?
481 Monroe St was built in 2019.
Looking for more in-depth information on this property?
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Contact Listing Broker
Sadya Liberow
Asset CRG Advisors