359 Monroe St, Brooklyn, NY, 11221

About This Home

Rare opportunity to acquire a fully vacant legal 3-family brick building in a prime Bedford-Stuyvesant location near the Clinton Hill and Williamsburg borders. Built in 2007, this meticulously maintained property offers 8 bedrooms, 6 full bathrooms, approximately 3,361 sq ft of above-grade living space, plus a huge finished basement of approximately 1,109 sq ft, for a total usable interior space of approximately 4,470 sq ft. No tenant headaches. Delivered completely vacant and ready for immediate occupancy, leasing, furnished rentals, corporate housing, student housing, multi-generational living, or long-term investment. Modern construction means significantly lower maintenance than many century-old Brooklyn brownstones. Separate utilities, private backyard, and flexible layouts provide exceptional versatility for both investors and owner-occupants. Conveniently located near Manhattan, Williamsburg, universities, hospitals, shopping, dining, and public transportation. Proof of funds or mortgage pre-approval required prior to scheduling private showings. Showings and negotiations are conducted directly by the owner. PROPERTY HIGHLIGHTS Turn-Key & Vacant: Delivered 100% vacant at closing—set your own market rents from Day 1. Modern Construction (Built 2007): Enjoy the durability of a classic brick building without the headache and high maintenance of century-old brownstone upkeep. Spacious Layouts: 8 BR / 6 BA across three functional units featuring hardwood floors throughout and updated kitchens with granite countertops. Bonus Spaces: Includes a huge, fully finished basement and a rare, private backyard perfect for outdoor dining and entertaining. Tenant-Paid Utilities: Separate gas and electric meters for each unit, keeping landlord overhead exceptionally low. Furnished Flexibility: Turn-key furnished options are available (perfect for immediate mid-term rental or corporate housing operations). PROVEN INVESTMENT POTENTIAL Since its acquisition, this property has been highly successful as both a traditional unfurnished rental and a premium furnished rental. It boasts a proven track record of strong, consistent demand from high-quality tenant pools, including: Young professionals & corporate tenants Graduate students & visiting academics Medical professionals from nearby healthcare centers LOCATION, LOCATION, LOCATION Nestled on a beautiful, quiet, tree-lined Bed-Stuy block, the property offers the quintessential Brooklyn lifestyle while remaining highly accessible. Tenants and owners alike will love being minutes away from local universities, top-tier hospitals, bustling neighborhood amenities, cafes, and multiple transit options for a quick, seamless commute into Manhattan. VERSATILITY AT ITS BEST Whether you are seeking: A high-yield, long-term portfolio asset A primary residence where your tenants pay your mortgage A multi-generational compound A turn-key co-living or corporate housing play ...359 Monroe Street delivers on every front. VIEWING REQUIREMENTS Due to high demand and the rare nature of this vacancy: Proof of funds or mortgage pre-approval is required prior to scheduling private showings. No exceptions.