Welcome to 181 Monroe Street, also known as The Monroe Luxury, a new seven-unit condo building on a tree-lined Bed-Stuy block between Bedford and Nostrand Avenues, about a 6-minute walk from the G. It replaces a two-story house on the lot, and its homes will likely be the smallest in Bed-Stuy's current condo pipeline. The sponsor is 181 Monroe Ave LLC, whose principals are Avraham Benhamo and Yehuda Binyamin.
Where Things Stand
The offering plan for 181 Monroe Street was submitted to the New York State Attorney General on May 8, 2026, and is awaiting acceptance. No units are for sale yet, there is no public pricing, and reservations can't be taken. Across the 53 Brooklyn projects I've tracked from filing to acceptance, most were accepted 5 to 9 months after filing (about 7 months is typical), which points to acceptance by roughly February 2027. Join my early access list below and you'll hear about pricing and launch timing before it reaches StreetEasy.
What We Know So Far
Seven condos in a new four-story building
About 4,990 square feet of floor area in the DOB filing, or roughly 710 square feet per home on average
Likely one- and two-bedroom homes, based on that average size (the final mix isn't public yet)
Offering plan filed: May 8, 2026
What's next: Attorney General review typically takes several months, and pricing becomes public once the plan is accepted
Buying in a New Development?
New construction works differently than a resale: offering plans, sponsor contracts, closing costs and timelines all have their own rules.
A Closer Look at the Building
With seven homes across four floors, 181 Monroe Street is a small building, likely about two homes per floor. New construction means new systems, new layouts and the chance to be the first owner of your home. Based on the filings it looks like a walk-up. Finishes and outdoor space haven't been disclosed yet. Final pricing, common charges and the unit mix will be public once the plan is accepted.
Buying a brownstone condo? Most Brooklyn townhouse conversions are cut one of two ways: a four-unit stack or a two-unit split. See why brownstone condos share the same floor plans and how brownstone prices compare by neighborhood in my Brooklyn Brownstone Guide.
Bed-Stuy Highlights
Bed-Stuy has the largest collection of intact brownstones in New York City. Tree-lined blocks, the Stuyvesant Heights and Bedford Historic Districts, and walkable corridors along Tompkins, Nostrand and Bedford Avenues make it one of the most consistently asked-about neighborhoods in my inbox. 181 Monroe Street sits in a pocket close to transit and surrounded by historic houses.
The G at Bedford-Nostrand Avenues, about a 6-minute walk
The A and C at Nostrand Avenue, about 7 minutes
The Franklin Avenue Shuttle, about 8 minutes, connecting to the 2, 3, 4 and 5
The cafes, restaurants and shops along Tompkins, Nostrand and Bedford Avenues, a short walk away
Katie's Take
I track every new development filing in Brooklyn, and here's how this one compares: at roughly 710 square feet per home, 181 Monroe Street will likely have the smallest homes of any Bed-Stuy project I'm following, where the buildings now selling average about 800 to 1,300 square feet. Those buildings have been asking roughly $900 to $1,200 per square foot, so smaller homes here could make this one of the more accessible ways into new construction in the neighborhood. If you're shopping for a one- or two-bedroom rather than a family-size home, this is the Bed-Stuy filing to follow, and pricing at acceptance will show whether the sponsor lines up with those buildings or reaches above them.
Your next Brooklyn home may be closer than you think. Let's talk.
Explore Similar Developments
287 Nostrand Avenue · Bed-Stuy