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$740,000
List Price: $750,000
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491 Monroe Street #1B

Condo in Stuyvesant Heights •  building info
1bd • 1.5ba • 1,037ft² $723 per ft²
Buy with Yoreevo

$740,000

List Price

$750,000

Key Details
Days on market
34
Last price change
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Estimated payment
$5,451/mo
Taxes
Common charges
$618/mo
Description
This newly listed unit qualifies for a special First Time Homebuyer Program that allows for as little as 5% down, current rates in the 5.5% range, and NO PMI! Welcome to Residence 1B, a beautifully designed duplex offering exceptional flexibility, sophisticated finishes, and approximately 1,000 square feet of private outdoor space—a true rarity in Brooklyn. From the expansive patio to the lush lawn, the backyard feels like a natural extension of the home, creating the perfect setting for entertaining, relaxing, and everyday living. The sun-filled main level features wide-plank hardwood floors, an open-concept kitchen with abundant walnut cabinetry, white quartz counters all paired with Bertazzoni and Bosch appliances, and an in-unit washer and dryer all flowing seamlessly into the spacious living/dining area. The Queen sized bedroom overlooks the backyard, while the full bathroom features a deep soaking tub and heated floors for year-round comfort. Downstairs, an expansive finished lower level dramatically expands the home's versatility. Complete with a powder room, a walk-in closet, generous ceiling height, and direct access to the rear garden via the areaway- this incredible flex space functions beautifully as a media room, home office, fitness studio, guest retreat, creative space, or an impressive primary suite. Perfectly situated in the heart of Bedford-Stuyvesant, Residence 1B places you moments from some of Brooklyn's most beloved cafés, restaurants, and neighborhood favorites. Enjoy local favorites including Daphne's, Saraghina, Peaches, L'Antagoniste, Trad Room, and Chez Oskar, along with neighborhood coffee shops, bakeries, and markets that make Bed-Stuy one of Brooklyn's most sought-after communities. Commuting is effortless with the Kingston–Throop Avenue C station and the Nostrand Avenue A/C stations nearby, providing quick access to Downtown Brooklyn, Manhattan, and beyond. Numerous bus routes and Citi Bike stations make getting around the city just as convenient.

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Important Stuff
Washer/Dryer in unit
Home features
Central Air
Dishwasher
Hardwood floors
View

Garden

Building amenities
Services and facilities
Fios Available
Laundry in Building
Shared outdoor space
Garden
Building info

History
What it'll cost
Purchase price
$750,000
Asking Price: $750,000
Term
30 Years
Down Payment
$75,000 (10%)
Min: 10% (75,000)
Rate
6.0 %
Mortgage Amount
$675,000
Mortgage Payment
$4,047
Common Charges
$618
Taxes
$786
Estimated Yoreevo rebate
$10,000
Estimated closing cost
$25,000
Total monthly cost $5,451
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$10,000 rebate.
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Listing Courtesy of Real Broker NY

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