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417 Menahan St
Brooklyn, NY 11237

$950,000 USD

Multifamily For Sale  •  3,510 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 3,510 SF
  • Lot Size 0.04 AC
  • Year Built 1931
  • Zoning R6
100 Transit Score
91 Walk Score

Highlights

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

Public Transportation

Commuter RailDriveWalkDistance
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 6 min - 2.9 mi
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 11 min - 3.6 mi
Transit/SubwayDriveWalkDistance
Myrtle-Wyckoff Avenues (L - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
Seneca Avenue (M - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
Dekalb Avenue (L Line) (L - New York MTA Subway (The Subway)) 1 min 8 min 0.4 mi
Knickerbocker Avenue (M Line) (M - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
Forest Avenue (M - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
AirportDriveWalkDistance
Laguardia 15 min - 6.9 mi
John F Kennedy International 18 min - 10.8 mi
Newark Liberty International 33 min - 17.3 mi
DJ Johnston 914-584-7422 Matthews Real Estate Investment Services
DJ Johnston 914-584-7422 Matthews Real Estate Investment Services