20 days on rocket

5 Monroe Place, New York City, NY, 11201

$7,995,000

10 Bedrooms
4 Full Baths, 1 Partial
Townhouse

Location

Image provided by Mapbox

Property Highlights

Home TypeTownhouse
Year Built1849
FireplaceOther
ViewOther
MLS #RPLU-33423221825
StatusActive

About 5 Monroe Place

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.<br><br>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".<br><br>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.<br><br>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.<br>Could this be just the opportunity you were looking for? Let's talk!<br><br>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.

Property Details

Property Features

Property Information:

  • Year Built: 1849

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Lisa Sulfaro
  • Agent Phone: (718) 923-8025

Interior Features

Interior Information:

  • Basement: No
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • View: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,995,000
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$853.8K

Med. Price/SqFt

$636

Avg. Days On Market

87

# of Sold Homes

1854

5 Monroe Place vs New York

20 DAYS ON ROCKET

-67 Days

$7,995,000

+$7.1M More

KEY TAKEAWAY

This property is $7.1M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33423221825

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Lisa Sulfaro
  • Agent Phone: (718) 923-8025

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 10/31/2024, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$39.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-893550
2
/10
  • PS 287 Bailey K Ashford

  • 50 Navy St

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-893551
4
/10
  • PS 307 Daniel Hale Williams

  • 209 York St

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-893552
9
/10
  • PS 29 John M Harrigan

  • 425 Henry St

  • 0.75 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,619. Residents of New York, NY typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Monroe Place

What is the listing price of this property?

The listing price of 5 Monroe Place property is $7,995,000.

What type of property is this?

The property 5 Monroe Place is a townhouse located in New York City, New York, 11201.

Is this property for sale now?

Active Listing: 5 Monroe Place is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5 Monroe Place has 10 bedrooms and 4 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 5 Monroe Place is 1849.
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Rocket HomesNew YorkKings CountyNew York112015 Monroe Place

This home is located at 5 Monroe Place in New York City, NY and zip code 11201 in the Brooklyn Heights neighborhood. This home was built in 1849. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $7,995,000.

Over 238 listings were sold over their listed price in September 2024 in New York, NY. In the same period over 851 listings were sold below the listed price and 765 listings were sold for the listed price. The number of listings in New York, NY increased by 3% between August 2024 and September 2024. The median list price of listings available in September 2024 was $853,828, while the average time on the real estate market was 87 days.

From Rocket Homes Real Estate and based on county public records data.

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