749 Monroe Street, originally built in 1899, has been meticulously renovated to offer contemporary elegance with exceptional attention to detail. Across from the park and south facing, as you enter through the wide double doors, you are greeted by an abundance of natural light that fills the spacious living room, showcasing its high ceilings. The adjacent dining area creates an inviting atmosphere for memorable gatherings. Past the dining area, is the chef’s kitchen—a culinary masterpiece that artfully blends modern finishes with classic design. It features top-of-the-line stainless steel appliances, including a Wolf six-burner stove with a pot filler, a paneled Bosch refrigerator, paneled Bosch dishwasher and a wine cooler. With quartz countertops and custom cabinetry, this kitchen transforms meal preparation into a delightful experience. Surrounding the living room, dining area, and kitchen is a built-in surround sound system, cleverly sconced in the ceiling and easily connectable via Bluetooth. A generous deck extends from the kitchen leading to the backyard. Upstairs, you will find a thoughtfully designed layout with three spacious bedrooms, each with its own charm. The primary suite overlooks the backyard, providing a serene retreat complete with ample closet space and a luxurious ensuite bathroom featuring a dual vanity and a large shower. Two additional bedrooms, overlooking the tree-lined street and park, comfortably accommodate queen-size beds and share a beautifully appointed bathroom with a soaking tub. The washer/dryer closet can be found in the hallway as well. Downstairs and connected to the main house, the finished windowed cellar offers versatile space for storage, recreation, or a home office, complete with temperature control, sound system and a powder room. The separate garden unit also features two bedrooms and one bathroom apartment, making it an ideal income-producing asset or in-law suite. Located near the J/Z trains on Gates Avenue and the vibrant businesses along Malcolm X, Patchen, and Ralph Avenues—such as Passion Fruit Coffee, Chez Alex, Trad Room, and Early Yves Cafe—749 Monroe Street is perfect for city commuters seeking the tranquility of a peaceful neighborhood.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,195,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $1,756,000 | $1,756,000 | $1,756,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,109 | $10,955 | $14,700 |
Total Monthly Payment | $10,234 | $11,080 | $14,825 |
* 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.