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708 Monroe Street, Brooklyn, NY 11221 Property Information

708 Monroe Street, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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708 Monroe Street, Brooklyn, NY 11221 1
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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
Estimated property tax $7,455

Lot & Building Information for 708 Monroe Street, Brooklyn

Lot sqft 2,042
Lot dimensions 20.42 ft x 100 ft
Building class Zoned Commercial or Manhattan Residential (V1)
Buildings on lot 1
Status
Status date
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Zoning & Use for 708 Monroe Street, Brooklyn

Zoning

Area Overview

Walk Score
Transit Score
Bike Score


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

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 708 Monroe Street, Brooklyn, NY 11221, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 708 Monroe Street, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 708 Monroe Street, Brooklyn

What is the market value of 708 Monroe Street, Brooklyn, NY 11221?

The current market value is $252,000.

Ownership Information for 708 Monroe Street, Brooklyn

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Property owner name for 708 Monroe Street, Brooklyn, NY 11221
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Building contacts for 708 Monroe Street, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:

Spaces for Sale in 708 Monroe Street, Brooklyn

708 Monroe St
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 McDonald’s, Dunkin’, Walgreens, and Bravo Supermarkets, offering future residents excellent amenities in one of Brooklyn’s most dynamic and evolving neighborhoods.

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Brokers

Sadya Liberow
Active Listings For This Property:
For Sale 708 Monroe St
708 Monroe St
708 Monroe Street, Brooklyn
Property VacantLand
Availability Spaces listed / Sqft
Price $1,450,000
Real Estate Reports:
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Past Sales & Property History for 708 Monroe Street, Brooklyn

Create a free account to view the complete sales history for 708 Monroe Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/07/2023 $999,000
07/27/2017 $930,000
       
       
       
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Title Documents for 708 Monroe Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
05/30/2025 - D
06/02/2025 - R
Declaration
(2025053000801001)
03/08/2024 - R Initial UCC1
(2024011000274004)
11/30/2023 - D
03/08/2024 - R
Assignment of Leases and Rents
(2024011000274002)
11/30/2023 - D
03/08/2024 - R
Mortgage
(2024011000274001)
06/07/2023 - D
06/16/2023 - R
Mortgage
(2023061600138002)
06/07/2023 - D
06/16/2023 - R
Deed
(2023061600138001)
09/28/2018 - D
10/03/2018 - R
Certificate
(2018100200179002)
09/26/2018 - D
10/03/2018 - R
Zoning Lot Description
(2018100200179001)
07/27/2017 - D
08/28/2017 - R
Deed
(2017081100101001)
12/04/1989 - R Uniform Commercial Code 1
(3480001856648)
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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.

Filing date Job type Job status Job description Initial cost
01/13/2023 Alteration
01/13/2023 Alteration
11/15/2021 Alteration
10/26/2018 Alteration type 2
10/12/2018 Alteration type 1
08/16/2018 Alteration type 3
05/24/2018 Alteration type 1
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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.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Linden St & Broadway at SW Corner
Station lines J-Z
Distance (miles) 0.315
View subway map
Bus Routes
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
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