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417 Menahan St Brooklyn, NY 11237

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For Sale
$949,999

Six-unit building in Bushwick with value-add potential.

Type:Commercial
Added:
Apr 12, 2026
Days on Market:
6
Last Refresh:
Apr 12 at 5:58 am

Property Features for 417 Menahan St

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1931

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Listing Contact
Shahroz A. Syed

Listing agent Shahroz A. Syed

Listing office Keller Williams Landmark II

Listing date Apr 12, 2026

Source Elliman

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 Keller Williams Landmark II


Overview

Bushwick Multifamily Building with Upside

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.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Brooklyn
County
Kings
State
New York
Longitude
-73.912501
Latitude
40.703043

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 $949,999.
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.
More about this property
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