Primary listing photo

417 Menahan St APT 1, Brooklyn, NY, 11237

6beds
6baths
1,958sqft
$899,999
$460price/sqft
$5,481/moest. monthly cost
$219,240/yrincome needed

About This Home

Well-maintained six-unit multifamily building located in the heart of Bushwick, Brooklyn. The property consists of six (6) residential units with a desirable mix of rent-stabilized and free-market apartments. Three (3) units are currently rent-stabilized with long-term tenants at approximately $790/month, while three (3) units are free-market, generating rents of $2,600+. The building is in overall good condition and has been properly maintained. Three (3) units will be delivered vacant, offering immediate opportunity for income optimization and repositioning at market rents. This creates a strong value-add component for investors seeking both in-place cash flow and upside potential. Zoned R6. Additional interior reconfiguration or optimization potential may exist, subject to purchaser’s independent verification and required approvals. Conveniently located near public transportation, shopping, and neighborhood amenities. Property to be delivered AS-IS. Buyer to perform their own due diligence. All information deemed reliable but not guaranteed.

Getting Around

92
WalkingWalker's Paradise
0
TransitVery Limited Transit
85
BikeVery Bikeable

Schools

6/10
Ps 86 The IrvingtonGrades K-50.3 mi

Construction

Condition

  • Year built: 1931

Materials

  • Roof: Roof Rights

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Fireplace features: Gas
  • Fireplace: Yes

Interior Area

  • Total structure area: 1,958
  • Total interior livable area: 1,958 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Garden
  • Has view: Yes
  • View description: Garden