Bushwick Multifamily Building with
417 Menahan St Brooklyn, NY 11237
For Sale
$950,000
Six-unit building in Bushwick with value-add potential.
Days on Market103
Property Features for 417 Menahan St
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1931
Listing Agency:
VORO LLC
(646) 730-3062
Listed By:
Shahroz A. Syed
(646) 730-3062
Source:
Elliman
Added: Apr 12
Changed: Jul 10
Last Checked: Jul 23 at 10:53AM
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 VORO LLC
Investment Insights
Based on property information with market context.
This well-maintained six-unit multifamily building is located in Bushwick, Brooklyn. The property features six residential units with a mix of rent-stabilized and free-market apartments. Three units are rent-stabilized with long-term tenants, generating approximately $790 per month. The other three units are free-market, generating rents of $2,600 or more. The building is in overall good condition and has been properly maintained. Three units will be delivered vacant, offering an immediate opportunity for income optimization and repositioning at market rents, creating a value-add component for investors seeking both in-place cash flow and upside potential. The property is zoned R6, and additional interior reconfiguration or optimization potential may exist, subject to purchaser’s independent verification and required approvals. The property is conveniently located near public transportation, shopping, and neighborhood amenities. The property will be delivered AS-IS. The bike score is 67, making it bikeable. The walk score is 93, indicating it is a walker's paradise. The transit score is 88, indicating excellent transit.
Key Highlights
- Three (3) units delivered vacant, offering immediate income optimization at market rents.
- Desirable mix of rent‑stabilized and free‑market apartments provides both stability and upside potential.
- Located in the heart of Bushwick, Brooklyn, a highly desirable location.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Six-unit building in Bushwick with value-add potential.
Where is this apartment building located?
The property is located at 417 Menahan St 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: Three (3) units delivered vacant, offering immediate income optimization at market rents.; Desirable mix of rent‑stabilized and free‑market apartments provides both stability and upside potential.; Located in the heart of Bushwick, Brooklyn, a highly desirable location.
