#810832, Listing Office: 5 Boro Realty Corp

638 Monroe St New York City, NY 11221
Property details
About 638 Monroe St
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.
Highlights
Summary
- MLS Number: RLS20006044
- MLS Name: RLS
- Office Name: Compass
- Office Phone: (212) 913-9058
- Office Email: daniel.marrello@compass.com
- Listing Agent: Alessandra DeLaCruz
- Agent Phone: (917) 543-7539
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Last updated on: 3/12/2025, 12:55:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,800,000
638 Monroe St
$10,000
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Price information
Property sales
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Tax history
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Nearby schools
5
La Cima Charter School
Public Charter KG-5
0.1 mi
•800 Gates Ave
3
P.S. 308 Clara Cardwell School
Public District PK-6
0.2 mi
•616 Quincy St
4
P.S. 26 Jesse Owens School
Public District KG-5
0.3 mi
•1014 Lafayette Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,222. Most New York City, NY residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 638 Monroe St in New York City, NY and zip code 11221 in the Stuyvesant Heights neighborhood. This 2,100 square foot home was built in 1899. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $1,800,000.
Over 189 listings were sold over their listed price in February 2025 in New York City, NY. In the same period over 627 listings were sold below the listed price and 682 listings were sold for the listed price. The number of listings in New York City, NY decreased by 3.1% between January and February 2025. Listings spent 130 days on the market in February 2025, and had a median list price of $867,439 during the same period.