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321 Menahan St
Brooklyn, NY 11237 Bushwick

$1,300,000 USD

Apartments For Sale • 4,875 SF

Property Details

Property Type Apartments
Total Building Size 4,875 SF
Lot Size 0.06 AC
Building Class B
Year Built 1931
Cap Rate 6.60 %
Zoning R6

100 Transit Score

100 Walk Score

                
                    Highlights
                
                                6-Unit Multifamily Building Spanning 4,875 SF Above Grade | 100% RS
                            
                                Prime Residential Bushwick Location | Myrtle-Wyckoff Transit Hub
                            
                                Thoroughly Maintained with Two High-End 2-Bedroom Apartments
                            
                                Extensive IAI Paperwork Backup Available 
                            
                                Tax Class 2A | $12,176 Annual Property Taxes
                            
                                Asking $1,300,000 | 6.6% Cap Rate | $267/SF

Property Flyers

321 Menahan Street - Exec Summary

Financial Summary (Actual)

Net Operating Income: $93,509 USD (2024)

Cap Rate:	6.60 %
Total Expenses:	$47,757 USD

Amenities

Washer/Dryer
Eat-in Kitchen

Public Transportation

Commuter Rail	Drive	Walk	Distance
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)	8 min	-	2.7 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	-	3.5 mi
Transit/Subway	Drive	Walk	Distance
Myrtle-Wyckoff Avenues (L - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway))	1 min	4 min	0.2 mi
Knickerbocker Avenue (M Line) (M - New York MTA Subway (The Subway))	2 min	6 min	0.3 mi
DeKalb Avenue (L Line) (L - New York MTA Subway (The Subway))	2 min	7 min	0.4 mi
Seneca Avenue (M - New York MTA Subway (The Subway))	2 min	11 min	0.6 mi
Central Avenue (M - New York MTA Subway (The Subway))	3 min	13 min	0.7 mi
Airport	Drive	Walk	Distance
LaGuardia	16 min	-	7.2 mi
John F Kennedy International	21 min	-	11.1 mi
Newark Liberty International	33 min	-	17.7 mi

Shaun Riney 718-475-4382 Marcus & Millichap

321 Menahan St Brooklyn, NY 11237 Bushwick