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Six-Unit Apartment Building
For Sale
$950,000
Pending

417 Menahan Street, Brooklyn, NY 11237

Commercial Sale, Brooklyn, NY

Property SizeContact for details
Lot Size0.04 Acres
Days on Market157

Property Features for 417 Menahan Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R6
Rooms Basement
Parking features On Street
Basement Full
Standard status Pending
APN 03312-0040
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3237

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Electric
Water source Public

Building Details

Year built 1931
Floors in Building 3
Number of units 6
Building materials Brick
Listing Agency: Voro LLC
Listed By: Shahroz A. Syed
Added: Apr 4 Changed: Aug 19 Last Checked: Sep 7 at 5:06PM
MLS# 980621

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This six-unit apartment building at 417 Menahan Street is a brick residential property constructed in 1931. The unit mix includes three rent-stabilized apartments and three free-market apartments, with three units scheduled for delivery vacant. The property is being offered AS-IS and has been maintained in overall good condition. A basement is included, with natural gas heating, electric cooling, public water, and public sewer service.

The property occupies approximately 0.0449 acres in Brooklyn, NY 11237, within the Bushwick area identified in the listing. R6 zoning applies. Public transportation, shopping, and neighborhood amenities are located nearby, while parking is available on the street. Any interior reconfiguration or other changes remain subject to purchaser verification and required approvals.

Key Highlights

  • Six residential units with three rent‑stabilized and three free‑market apartments
  • Three units scheduled for vacant delivery
  • R6 zoning on approximately 0.0449 acres

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Acupuncture Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

5,833
Businesses Nearby

Demographics for 11237, NY

49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with R6 zoning, residential unit diversity, and three apartments scheduled for vacant delivery.
Where is this apartment building located?
The property is located at 417 Menahan Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Six residential units with three rent‑stabilized and three free‑market apartments; Three units scheduled for vacant delivery; R6 zoning on approximately 0.0449 acres
More about this property
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