312 Menahan Street Brooklyn, NY 11237

$3,700,000
312 Menahan Street, Brooklyn, NY 11237
OLRS-0073268

Multi-Family Home for sale in Brooklyn, NY

for $3,700,000 with 12 bedrooms and 7 full baths. This home was built in 2017 on a lot size of 20'x100'.

Property Information

  • $3,700,000
  • 12 Bedrooms
  • 7 Full Baths
  • Multi-Family
  • Taxes are $1,919
  • Low-Rise
  • Active
  • Lot size of 20'x100'
  • Built in 2017
  • Brooklyn, NY
  • Bushwick Neighborhood
  • Kings County
  • MLS/Web ID is OLRS-0073268
  • Just Listed

Description

This is a newly developed, four-story building that is offering 6 free-market apartments. The building can be delivered vacant for condo conversions or with a rent roll in place that will earn a ~5.4% cap rate. Each apartment has an independent boiler, private outdoor space, central air, dishwasher and washer/dryer. Located just five minutes to transportation and among the restaurants, nightlife and outdoor activities Bushwick has to offer. The area is up and coming which allows for significant asset appreciation.

Interior 1

Cooling System

  • Air Conditioning

† Excluded Feature

Listed By

Listing Agent: Eugene Litvak

312 Menahan Street, Brooklyn, NY, 11237 is a Multi-Family Home for sale at $3,700,000 with a lot size of 20'x100'. 312 Menahan Street has 12 bedrooms, 7.0 baths, and was built in 2017. The property's zip code is 11237 which is in Brooklyn, NY

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Market Pricing

Average % of sale price Median % of sale price
All listings in Brooklyn $1,352,634 63 % below $998,000 73 % below
Multi-family listings in Brooklyn $1,499,949 59 % below $1,349,000 64 % below

Get the facts about Brooklyn, NY!

Population 2,605,119
Population Growth (since 2000) 6 %
Median Income $50,321
Median Age 35.91
Households w/ Children 29 %

Residential Dwellings

  • Owned 264711
  • Vacant 78635
  • Rented 691357

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or Call us at 1-800-839-1363