111 Montgomery Street #5B, New York City, NY 11225
Listing Courtesy of Compass
$730,000
Potential Rebate: $10,950
Overview
Now the lowest PPSF unit at 111 Montgomery! This beautifully designed 718 square-foot residence offers an exquisite blend of comfort and minimalist style, featuring a spacious one-bedroom, one-bathroom layout bookended with oversize picture windows and a large private balcony giving the home a bright airy feel. Close to many subway lines, an express train to Manhattan is just moments away.
Step inside to find a modern living space equipped with central air conditioning, ensuring year-round comfort. The gourmet kitchen and in-unit washer/dryer provide the utmost convenience for daily living.
Embrace the vibrant community vibe with an array of exceptional building amenities. Enjoy leisurely weekends in the two common gardens. The roof deck with BBQ offers breathtaking treetop views for hosting friends, while the gym and resident's lounge cater to your fitness, social, and work from home needs. Young ones will delight in the playroom, and the building’s 24/7 doorman services and live-in Super elevate your experience. For added convenience, there is a bike room on each floor and private storage is available for sale from the sponsor.
Don't miss the opportunity to own this exceptional condo located moments away from Prospect Park, Brooklyn Botanic Garden and the Brooklyn Public Library. You'll also find great dining, cafe and bar options like Chavela's, Agi's, Radio Bakery, and Anything.
Home Features
- •Central Air
- •Building Washer Dryer Install Allowed
- •Common On Floor
- •Common Area
- •In Unit
- •Garage
- •Valet
- •Private Outdoor Space Under 60 Sqft
Building Amenities
- •Garage
- •Valet
Estimated Monthly Payment
$5,329 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$10,950
Monthly savings impact
$30/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).
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Rebates Up To
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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 Compass
Data Source: TRESTLE #RLS20042409
Price Analysis
Compare average listing prices and value metrics for 111 Montgomery Street against the surrounding Crown Heights market.
Average List Price
Price Per SqFt
1.04% Higher
than the Crown Heights price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Crown Heights.
Crown Heights
Overview of Crown Heights
Crown Heights is a neighborhood of contrasts and energy. Combining the Caribbean heritage of the West Indian Day Parade with a booming young professional scene, it is one of Brooklyn's most dynamic areas. For buyers seeking Crown Heights Brooklyn real estate, it offers proximity to cultural institutions and spacious pre-war housing.
Living in Crown Heights is vibrant. Franklin Avenue is one of the trendiest dining strips in the borough, while Eastern Parkway offers a grand, tree-lined promenade designed for sunday strolls.
Real Estate & Housing Market
The market for homes for sale in Crown Heights is diverse. To the north, you find grand townhouses and limestone mansions. To the south, large pre-war elevator buildings offer co-ops and rentals.
It is a market that offers value compared to neighboring Prospect Heights, while sharing many of the same amenities.
Lifestyle & Community
The lifestyle in Crown Heights is eclectic. Residents drink cocktails at intricate speakeasies on Franklin Ave, buy spices at Caribbean markets on Nostrand, and visit the Brooklyn Children's Museum.
The community is a unique blend of Afro-Caribbean families, the Chabad-Lubavitch Jewish community, and new residents.
Transportation & Accessibility
Crown Heights has distinct transit advantages. The 2/3/4/5 express trains on Eastern Parkway whisk commuters to Wall Street in 20 minutes.
The A/C trains serve the northern section, providing excellent coverage.
Parks, Schools & Amenities
Brower Park is a local favorite, and the neighborhood borders the Brooklyn Botanic Garden. The Weeksville Heritage Center provides deep historical context to the area.
Amenities are rich: varied dining, proximity to the Brooklyn Museum, and strong community centers.
Who This Neighborhood Is Best For
Crown Heights is best for diversity seekers, commuters (the express trains are unbeatable), and buyers wanting spacious pre-war apartments near Prospect Park.
