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$1,571,017
List Price: $1,599,000
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588 Monroe Street
Townhouse in Stuyvesant Heights •  building info
5bd • 3ba • 2,241ft² $714 per ft²
Buy with Yoreevo

$1,571,017

List Price

$1,599,000

Key Details
Days on market
2
Last price change
loading...
Estimated payment
$8,967/mo
Taxes
$339/mo
Maintenance
N/A
Description
The One You Make Your Own. Some houses arrive finished. Others arrive with something better: good bones, honest character, and room to become exactly what you need. 588 Monroe Street is the latter - a classic two-family Bedford-Stuyvesant townhouse that has remained in the same family for generations, cared for over time, and now ready for your next chapter. Offered at an approachable entry point for townhouse buyers, this is the kind of opportunity that has become harder to find: a home with solid fundamentals, real architectural charm, and the flexibility to improve now, later, or over time. Built 18.67 feet wide on a 100-foot lot, the home spans approximately 40 feet deep with additional unused FAR of roughly 1,494 square feet, creating the potential to expand if desired. The current configuration is the classic Brooklyn setup: a garden/parlor owner's duplex with approximately 2.5 bedrooms and 2 baths, plus a 1.5-bedroom,1 Bath upper residence above. What makes this property especially compelling is what hasn't happened here. It has not been over-altered, awkwardly chopped up, or neglected beyond repair. Instead, it remains structurally sound, functional, and move-in ready, with key systems, plumbing and electric, in working order. The family has lived here comfortably for years, maintaining the home and preserving the next owner from the kind of overwhelming gut renovation many townhouses require today. Inside, there is a layered mix of old and new. Original details still speak throughout the home: ceiling medallions, ornate plasterwork, decorative wall and ceiling designs, the original staircase and banister, and beautifully preserved touches like the plaster ribbon detailing that carries through the foyer and stair hall. Kitchens and baths have seen updates over the years, offering usable spaces today while leaving room for cosmetic improvements tomorrow. That is the key differentiation here: this is not a rescue project. It is a canvas. A house where a thoughtful renovation can honor the past while bringing the interiors into the present. Live in one unit while improving the other. Refresh room by room. Reconfigure as a magnificent single-family. Or maintain the two-family setup and enjoy the flexibility that comes with it. And then there is the block. Located in the coveted Stuyvesant Heights section of Bedford-Stuyvesant, between Lewis Avenue and Stuyvesant Avenue, this stretch of Monroe is lined with handsome turn-of-the-century townhouses, mature trees, and the kind of streetscape that defines classic brownstone Brooklyn. When paired with amazing transportation, chic eateries, and dynamic shops, it feels residential, rooted, and ready to be deeply loved. This is the chance to buy the house with the right ingredients in the right place - the kind of home where doing a little can go a very long way. Find your sweet spot.

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Important Stuff
Pets allowed
Washer/Dryer in unit
Home features
Storage Available
Building amenities
Shared outdoor space
Patio
Building info

History
What it'll cost
Purchase price
$1,599,000
Asking Price: $1,599,000
Term
30 Years
Down Payment
$159,000 (10%)
Min: 10% (159,000)
Rate
6.0 %
Mortgage Amount
$1,439,100
Mortgage Payment
$8,628
Taxes
$339
Estimated Yoreevo rebate
$27,983
Estimated closing cost
$57,000
Total monthly cost $8,967
Buy your dream home with us and get an estimated $27,983 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Corcoran Group

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