89 Montrose Avenue #3-R, New York City, NY 11206
Listing Courtesy of R New York
$850,000
Potential Rebate: $12,750
Overview
Perfect investment property with low monthlies. Start collecting rental income immediately with a long-term tenant in place. 89 Montrose Ave is a boutique condominium located nearby to the Montrose L stop, Lorimer JMZ stop and the Broadway G stop. The condo is a six story, elevator building with a common roof deck. Apartment 3R features a modern open kitchen with marble countertops, abundant storage, stainless steel appliances, hardwood floors, built in Sonos sound system, video intercom, in unit washer/dryer combo, and a spacious private balcony. Unit 3R also comes with a large storage closet on the cellar level. Interior: 629 sq ft. Exterior: 53 sq ft.<br><br>From park space to subway lines to restaurants and bars, this Williamsburg neighborhood has it all. Some nearby favorites include: Winson, Winson Bakery, Testo, Brooklyn Ball Factory, Casa Ora, Blues Luncheonette, Brooklyn Harvest, Duck Duck, and Tradesman. Broker co-owner.
Home Features
- •Wall Unit(s)
- •Electric
- •Building Multiple Locations
- •Common Area
- •In Unit
- •Building Storage
- •Balcony
- •Building Roof Deck
Estimated Monthly Payment
$5,239 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$12,750
Monthly savings impact
$35/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of R New York
Data Source: TRESTLE #RLS20057473
Price Analysis
Compare average listing prices and value metrics for 89 Montrose Avenue against the surrounding Williamsburg market.
Average List Price
Price Per SqFt
20.26% Lower
than the Williamsburg price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Williamsburg
Overview of Williamsburg
Williamsburg is the global poster child for urban cool. Located just across the East River from Manhattan, it is a cultural powerhouse known for its nightlife, art scene, and trendsetting style. For buyers seeking Williamsburg Brooklyn real estate, it offers the city's most dynamic and energetic living environment.
Living in Williamsburg is fast-paced. The neighborhood is divided into the ultra-modern waterfront (Northside), the grittier Southside, and the quieter Italian/hipster mix to the east. As a premier Brooklyn NYC neighborhood, it rivals downtown Manhattan for influence and price.
Real Estate & Housing Market
The market for homes for sale in Williamsburg is premium. The waterfront is lined with "glass castles" like The Edge and Domino Sugar Factory. Inland, you find converted lofts and renovated tenements.
Demand is insatiable, driven by a young, affluent demographic that prioritizes amenities, views, and proximity to the L train.
Lifestyle & Community
The lifestyle in Williamsburg is 24/7. Bedford Avenue is the main drag, packed with tourists and shoppers. The dining scene is world-class, featuring institutions like Peter Luger alongside new hotspots.
The community is a mix of creative professionals, young families (the "stroller brigade" on the waterfront), and long-time residents, though gentrification has shifted the balance heavily toward the wealthy.
Transportation & Accessibility
Williamsburg is served by the L, G, J, M, and Z trains. The L train at Bedford Ave is one stop from Manhattan, making the commute incredibly fast.
The Williamsburg Bridge offers a bike path that sees thousands of cyclists commuting daily. The ferry terminals at North and South Williamsburg provide a relaxed alternative.
Parks, Schools & Amenities
Domino Park and Marsha P. Johnson State Park (East River State Park) are the jewels of the waterfront. McCarren Park is the active center for sports and picnics.
Amenities are unmatched: Whole Foods, Apple Store, Equinox, and hermès. Williamsburg has effectively become a self-sufficient city.
Who This Neighborhood Is Best For
Williamsburg is best for socialites, trendsetters, and young families who want the excitement of Manhattan with the fresh air and views of Brooklyn.
