321 Menahan St
Brooklyn, NY 11237
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- In 2019, the New York City Department of City Planning released a Bushwick rezoning plan covering 300 city blocks.
- The plan would allow for high-density development on Broadway and Myrtle and Wyckoff Avenues
EXECUTIVE SUMMARY
Prime Bushwick neighborhood- A flourishing artist community has existed in Bushwick for decades and has become more visible in the neighborhood. Dozens of art studios and galleries are scattered throughout the neighborhood. Several open studios programs are conducted that enable the public to visit artist studios and galleries,[55] and several websites are devoted to promoting neighborhood art and events.
OWNER RELOCATING- SUBSTANTIAL PRICE REDUCTION FOR QUICK SALE
OWNER RELOCATING- SUBSTANTIAL PRICE REDUCTION FOR QUICK SALE
PROPERTY FACTS
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 4,875 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1931/2019 |
UNIT AMENITIES
- Washer/Dryer
- Eat-in Kitchen
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 03310-0054 | Improvements Assessment | $458,100 |
| Land Assessment | $5,400 | Total Assessment | $463,500 |
ZONING
| Zoning Code | R6 (R6 Zoning is a medium density residential zoning district. It has multifamily buildings that can range from walk up townhouses to taller apartment bui) |
