Price Reduced 5.26%


Price History

$949,999
4/10/2026

$899,999
4/14/2026


417 Menahan Street, Brooklyn, NY, 11237

417 Menahan Street, Brooklyn, NY, 11237

1931

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.


Status:

Active

Type:

Commercial

Units:

6

Heating:

Natural Gas

Cooling:

Electric

Basement:

Full

Levels:

3

Parking:

On Street

Acreage:

0.04

Est. Taxes:

$3,237

Assessment

$372,600

Construction

Brick

Utilities

Electricity Available, Natural Gas Available

Days on Market:

3

MLS #:

980621


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Keller Williams Landmark II 347-846-1200