Six-Unit Multifamily
For Sale
$1,300,000
321 Menahan St, Brooklyn, NY 11237
Well-maintained 6-unit multifamily with two renovated units, plus proximity to the Myrtle–Wyckoff L and M lines.
Property Size4,875 SF
Price / SF$266.67
Days on Market127
Property Features for 321 Menahan St
General Information
Standard status
Active
Size
4,875 SF
Property subtype
Multifamily
Additional Details
Cap Rate
6.6%
Multifamily Units
6
Amenities
321 Menahan Street is a 6-Unit multifamily asset spanning 4,875 SF Above Grade.
Tax Class: 2A | Zoning: R6 | 100% Rent Stabilized
Prime Bushwick Location off of the Myrtle-Wyckoff Transit hub.
Building Details
Building Size
4,875 SF
Units
6
Listing Agency:
New York City Office
(718) 475-4369
Listed By:
Shaun Riney · License #License(s): NY: 10491208207, NY: 10301215754
(718) 475-4369
Source:
Marcusmillichap
Added: Apr 24
Changed: Aug 25
Last Checked: Aug 28 at 7:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New York City Office
Investment Insights
Based on property information with market context.
321 Menahan Street is a well-maintained 6-unit multifamily building offering 4,875 square feet above grade. The property has been consistently maintained and thoughtfully upgraded, including renovations to two units into high-end 2-bedroom finishes.
The building is situated just steps from the Myrtle–Wyckoff transit hub, providing access to both the L and M subway lines. For financial reference, the offering is listed at $1,300,000 and notes protected annual taxes of $12,176 (Tax Class 2A), along with an in-place 6.6% cap rate at asking.
The building is situated just steps from the Myrtle–Wyckoff transit hub, providing access to both the L and M subway lines. For financial reference, the offering is listed at $1,300,000 and notes protected annual taxes of $12,176 (Tax Class 2A), along with an in-place 6.6% cap rate at asking.
Key Highlights
- Well‑maintained 6‑unit multifamily building built in 1931
- 4,875 SF above grade, with two units renovated to high‑end 2‑bedroom finishes
- In‑place cap rate of 6.6% at asking
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
5,940
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 6-unit multifamily with two renovated units, plus proximity to the Myrtle–Wyckoff L and M lines.
Where is this apartment building located?
The property is located at 321 Menahan St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Well‑maintained 6‑unit multifamily building built in 1931; 4,875 SF above grade, with two units renovated to high‑end 2‑bedroom finishes; In‑place cap rate of 6.6% at asking
