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417 Menahan St - 417 MENAHAN ST

6 Unit Apartment Building Offered at £747,507 in Brooklyn, NY 11237

Investment Highlights

  • High Vacancy: 50% of the property will be delivered vacant.
  • Natural Tenant Turnover: Opens opportunity for a substantial rehabilitation.
  • Tax Class Protection: 2A tax class limits tax increase to no more than 8% a year or 30% over 5 years.
  • Owner-User Potential: Ideal for an owner-user, this property provides a unique opportunity to duplex 1A into the basement, which is partially complete
  • Premier Location: Located in prime Bushwick on an idyllic street, one block from Wyckoff Avenue.
  • Excellent Transportation Access: Short walk to Dekalb L and Wyckoff M with access to Manhattan in 20 Minutes.

Executive Summary

Broker of Record
Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Price £747,507
Price Per Unit £124,585
Sale Type Investment
No. Units 6
Property Type Residential
Building Size 3,510 SF
Number of Floors 4
Year Built 1931
Walk Score ®
Walker's Paradise (91)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 34235226

  • Date on Market: 18/12/2024

  • Last Updated:

  • Address: 417 Menahan St, Brooklyn, NY 11237

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