Owner-User Potential Property For Sale
$950,000
417 Menahan Street, Brooklyn, NY 11237
For Sale
Multifamily
Active
Last Updated: 12/20/2024
3,510 sqft
158,333
Price Per Unit
Details:
: 3,510 sqft
Price Per Unit: $158,333
Buildable Area: 798 sqft
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
Documents:
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Offering Memorandum
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