417 Menahan Street, Brooklyn, NY 11237
sale
$950,000
|
Other
Courtesy Of VORO LLC
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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Building Units: 6
- Cooling System: Electric
- Exterior Type: Brick
- Floors: 3
- Heating System: Natural Gas
- MLSID: 980621
- Rooms: Basement
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