708 Monroe Street, Brooklyn, NY 11221 Property Information
708 Monroe Street, Brooklyn, NY 11221 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 708 Monroe Street |
| Neighborhood | Bedford-Stuyvesant |
| Zip code | 11221 |
| Borough | Brooklyn |
| Block & lot | 01642-0024 |
Sales & Tax Overview for 708 Monroe Street, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 06/07/2023 |
| Purchase price | $999,000 |
| Tax class | Register |
| Estimated property tax | $7,455 |
Zoning & Use for 708 Monroe Street, Brooklyn
| Zoning | Register |
Area Overview
| School district | 16 |
| Community district | 3 |
| Closest police station | 0.22 Miles |
| Closest fire station | 0.44 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 708 Monroe Street, Brooklyn
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About 708 Monroe Street, Brooklyn
The current market value is $252,000.
Ownership Information for 708 Monroe Street, Brooklyn
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Spaces for Sale in 708 Monroe Street, Brooklyn
| Listing type | For Sale |
|---|---|
| Listing date | 10/21/2025 |
| Last updated | 05/09/2026 |
| Lot size | 0.0469 Acre |
AALocated in the heart of Bedford-Stuyvesant, 708 Monroe Street offers residents a vibrant Brooklyn lifestyle surrounded by a mix of historic brownstones, trendy cafés, and neighborhood amenities. The property enjoys excellent access to public transportation, with the Gates Avenue [J, Z] Subway Station and Halsey Street [J] Station nearby, providing a quick commute to Downtown Brooklyn and Manhattan. The area is also close to popular dining spots, local shops, and community parks, offering a perfect blend of convenience and neighborhood charm.Asset CRG Advisors is pleased to present a prime development opportunity at 708 Monroe Street in Bedford-Stuyvesant, Brooklyn. This 2,042 SF lot offers 4,084 buildable square feet, with potential to expand up to 4,901 BSF under the City of Yes zoning initiative. The property comes with approved plans for a six-unit residential building, and its foundation is already approximately 85% complete, allowing a new owner to begin vertical construction quickly and efficiently. The estimated cost to complete the project is approximately $1,000,000, providing a clear and defined path to project delivery. Located in a thriving residential pocket of Bedford-Stuyvesant, the site provides convenient access to the Utica Avenue [A, C] and Gates Avenue [J, Z] Subway Stations. The surrounding area is home to a strong mix of national and local retailers, including McDonaldâs, Dunkinâ, Walgreens, and Bravo Supermarkets, offering future residents excellent amenities in one of Brooklynâs most dynamic and evolving neighborhoods.
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Past Sales & Property History for 708 Monroe Street, Brooklyn
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Title Documents for 708 Monroe Street, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 708 Monroe Street, Brooklyn
Access detailed property tax data for 708 Monroe Street, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $5,159 |
| Estimated property tax: | $7,455 |
| Tax assessor's market value: | $252,000 |
| Assessed value: | $113,400 |
Assessment History for 708 Monroe Street, Brooklyn
Here's the assessment & property tax history for 708 Monroe Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $252,000 | $113,400 | $47,559 | 10.848% | $5,159 | $5,159 | +90.07% |
| 2024/25 | $265,000 | $119,250 | $25,222 | 10.762% | $2,714 | $2,714 | +36.70% |
| 2023/24 | $1,608,000 | $96,480 | $9,886 | 20.085% | $1,986 | $1,986 | +0.36% |
| 2022/23 | $1,329,000 | $79,740 | $9,742 | 20.309% | $1,979 | $1,979 | +7.64% |
| 2021/22 | $1,196,000 | $71,760 | $9,205 | 19.963% | $1,838 | $1,838 | +0.54% |
Permits for 708 Monroe Street, Brooklyn
The complete history of permits filed for 708 Monroe Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Brooklyn Commercial Market Stats
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Linden St & Broadway at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | J-Z | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.315 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Gates Av/Patchen Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.087 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 708 Monroe Street, Brooklyn
Here are the neighbors for 708 Monroe Street, Brooklyn, NY 11221.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 710 A Monroe St, Brooklyn | 1,377 | 01/17/2017 | $815,000 |
| 692 Monroe St, Brooklyn | 2,700 | 12/11/2006 | $770,000 |
| 706 Monroe St, Brooklyn | 1,594 | 05/21/2024 | $825,000 |
| 698 Monroe St, Brooklyn | 900 | 05/26/1978 | |
| 688 Monroe St, Brooklyn | 3,900 | 11/02/2010 | |
| 710 Monroe St, Brooklyn | 1,777 | 07/19/2011 | $339,000 |
| 702 Monroe St, Brooklyn | 2,096 | 03/28/2016 | $1,615,000 |
| 726 Monroe St, Brooklyn | 7,469 | 11/20/2013 | $565,000 |
| 712 Monroe St, Brooklyn | 1,377 | 05/30/2019 | $995,000 |
| 714 Monroe St, Brooklyn | 1,368 | 12/23/2025 | $824,000 |
| 716 Monroe St, Brooklyn | 1,377 | 11/05/2025 | $1,600,000 |
| 722 Monroe St, Brooklyn | 1,184 | 03/02/2000 | |
| 724 Monroe St, Brooklyn | 4,050 | 06/25/2016 | |
| 694 Monroe St, Brooklyn | 5,155 | 09/30/2015 | $575,000 |
| 718 Monroe St, Brooklyn | 1,248 | 08/10/2004 | |
| 720 Monroe St, Brooklyn | 1,184 | 02/21/2018 | $1,100,000 |
| 704 Monroe St, Brooklyn | 1,594 | 06/01/2011 | |
| 700 Monroe St, Brooklyn | 1,600 | 12/03/2025 | $600,000 |
| 696 Monroe St, Brooklyn | 900 | 04/08/2024 | |
| 690 Monroe St, Brooklyn | 5,661 | 11/25/2025 | $700,000 |