38 Monroe Place, Brooklyn (Brooklyn Heights), NY, 11201 | $12,950,000

Located on a quaint tree-lined "Place" block in Brooklyn Heights, 38 Monroe Place boasts a beautiful brownstone facade and a sunken mansion entry, giving it a grand and elegant appearance. With five bedrooms, five full bathrooms, and three powder rooms spread across 22 feet and 5 stories (including a finished basement), this home offers over 7, 200 square feet of living space. The interior is beautifully designed, with excellent ceiling heights and oversized windows that let in plenty of natural light.

The garden and parlor floor extension create a unique and gracious layout perfect for entertaining. Luxurious features include an elevator that services all floors, a chef's kitchen with an en suite living room, two remote activated gas fireplaces, and a full floor master suite with two walk-in closets, a dressing room, and a marble bath. The wide plank, Rift White Oak floors throughout the home add a touch of sophistication.

In addition to the indoor living space, there are three sizable outdoor spaces - a planted garden, a fourth-floor rear terrace, and a massive roof terrace with breathtaking views of the Manhattan skyline, New York Harbor, and all of Brooklyn. The house is pre-wired for power shades on all windows, with power shades installed on the first three floors, and a lighting control system throughout the house, adding to the modern luxury feel.

Located on the historic Monroe Place, which dates back to the early 1830s and is named after James Monroe, 5th President of the United States, this picturesque street is lined with townhouses and historic architecture. The home is conveniently located only minutes from Manhattan and steps from local schools, charming restaurants, and cafes, and the famed Brooklyn Heights Promenade.

Overall, this elegant home offers palatial space, classic contemporary style, and modern luxury, making it an exceptional find in the heart of New York City's first historic district.

Features

  • Town: Brooklyn
  • Amenities: Alarm System; Outdoor Parking; Garden; Fitness Room; Laundry Room; Nursery; Roof Deck; Private Storage;
  • Rooms: 14
  • Bedrooms: 5
  • Baths: 5 full / 1 half
  • Year Built: 1900
  • Cooling: Central
  • Washer/Dryer Hookups: Yes
  • Terrace : Yes
  • Building Access : Elevator
  • Service Level: None
  • Built Size: 22'x66'
  • OLR#: RPLU1032523199609
  • Days on Market: 48 days
  • Website: https://www.raveis.com
    /prop/RPLU1032523199609/38monroeplace_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Serhant LLC

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

38 Monroe Place, Brooklyn (Brooklyn Heights), NY, 11201

$12,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $10,360,000 $10,360,000 $10,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $59,638 $65,482 $87,424
Total Monthly Payment $59,763 $65,607 $87,549

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.