Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
588 MONROE Street
Interested in this property?
Active For Sale Multi Family

$1,599,000

$714 per sq ft

588 MONROE Street

Stuyvesant Heights, Brooklyn

MLS® #RLS20088330

RLS at REBNY

Listing by Corcoran Group

5

Bedrooms

3

Baths

2,241

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 2,241 sq ft
Lot Size 1,900 sq ft
Year Built 1899
Ownership None
Property Taxes $4,068/yr
Neighborhood Stuyvesant Heights
Floor 1 of 2

Property Highlights

  • Views: Other
  • Outdoor Space: Patio
  • Climate Control: Window Units

Property Details

Type Multi Family
Ownership None
Total Rooms 11
Baths 3 Full
Floor 1 of 2
View Other
Cooling Window Units
Pets Yes
Year Built 1899
Living Area 2,241 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,900 sq ft
Block/Lot 01640/0036

Listing History

Event Date Price Change
Listed May 1, 2026 $1,599,000 -
Currently May 2, 2026 $1,599,000 -

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.

Features & Amenities

Interior Features

Smoke Free Storage Washer Hookup In Unit

Exterior Features

Private Outdoor Space Over60 Sqft Patio

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure Townhouse

Financial Details

RE Taxes $4,068/yr ($339/mo)

Stuyvesant Heights is a historic Brooklyn neighborhood within the landmarked Bedford-Stuyvesant historic district, known for its brownstone architecture. Housing stock ranges from historic pre-war cooperatives to newer condominium developments, with A/C train service.

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Location

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588 MONROE Street, Stuyvesant Heights, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
2
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $104,640
Land Value: $18,960
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,867 SF
Building Area: 2,241 SF
Built FAR: 1.2
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $4,068, or roughly $339 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms.

The listed interior living area is 2,241 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,599,000 for 2,241 sq ft, the asking price per square foot is approximately $714. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20088330
First Listed: 5/1/2026
On Market: 5/1/2026
Price Changed: 5/1/2026
Contract Date: 5/1/2026

Listing Courtesy of Corcoran Group - Toni M Martin

Listing Contact: (718) 288-7703

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/2/2026 at 1:35 AM UTC

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