Tyler Prokosch - John J Lease Realtors Logo
$950,000
( $270.66Per Sq Foot )
 $5,100 est/mo Sourced by Back At You

417 Menahan Street,Brooklyn, NY 11237

Brooklyn, NY 11237

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Description

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.

Details

MLS #980621
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusPending
Year1931
Days On Site157
Listing Provided ByVoro LLC | Shahroz A. Syed

Features

SQ Feet3,510
BasementY
Story(s)3
Units6
ZoningR6
Acreage0.04

Interior

CoolingElectric
HeatingNatural Gas

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesOn Street

Utilities

UtilitiesElectricity Available, Natural Gas Available
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value372600
Tax Annual Amount3236.92

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11237
Listing VS Median (in 11237)
Price:
$950,000
low | high
Med:
$1,158,000
28.105263157895% of Average
sqft:
3,510
low | high
Med:
4,875
11.111111111111% of Average
$ / sqft:
$271
low | high
Med:
$238
62.235789473684% of Average
On site:
157
low | high
Med:
137
100% of Average
Sourced by Back At You

Market Activity 11237

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Learn More About This Property

Tyler Prokosch

Tyler Prokosch

John J Lease REALTORS

 (845) 542-6966tylerprokosch@johnjleaserealtors.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11237
Listing VS Median (in 11237)
Price:
$950,000
low | high
Med:
$1,158,000
28.105263157895% of Average
sqft:
3,510
low | high
Med:
4,875
11.111111111111% of Average
$ / sqft:
$271
low | high
Med:
$238
62.235789473684% of Average
On site:
157
low | high
Med:
137
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $712K - $1.187M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
1720 Menahan Street Property Photo 1
$3,500
1720 Menahan Street
Ridgewood, NY 11385
Listing Updated: July 24, 2026 at 2:14:33 AM PDT

Tyler Prokosch - John J Lease Realtors