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Sold for $1,600,000
  • $1,600,000

    391 Menahan Street, Brooklyn, NY 11237

    5beds
    3,420sqft
    Triplex, Multi Family
    Built in 1899
    -- sqft lot
    $2,050,000 Zestimate®
    $468/sqft
    $4,224 Estimated rent

    Home value

    $2,050,000

    $1.74M - $2.40M

    $4,224/mo

    Zestimate® history
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    What's special

    Welcome to this charming three-family building located in the vibrant heart of Bushwick, Brooklyn. This property offers an excellent investment opportunity! Situated on a picturesque tree-lined street, the building is just three blocks from the MTA's Knickerbocker Avenue station on the M line, approximately a 6-minute walk away. Another nearby option is the Central Avenue station, also on the M line, providing convenient access to public transportation. Spanning 3,420 square feet, this spacious building accommodates three families, with each unit offering approximately 1,134 square feet of living space. The current layout includes one unit designed as a one-bedroom with five rooms and two units as two-bedroom, six-room apartments. Each unit features a kitchen, dining room, living room, and one bathroom, offering plenty of possibilities for customization and design. The property also includes a large unfinished basement providing ample storage space and an above-ground oil tank, The backyard, filled with trees, offers a private outdoor retreat for residents. A new roof was installed about seven years ago, ensuring the building is in good condition and ready for immediate occupancy upon sale. The property will be delivered vacant, with no current tenants, allowing for a seamless transition for the new owner. Priced competitively for a quick sale, this building's strategic location and income-producing potential make it an exceptional investment opportunity Additional Information: HeatingFuel:Oil Below Ground,

    Zillow last checked:

    Listing updated:

    Listed by:

    Warren Mitchell 800-558-0475,

    Opulence Realty Group 800-558-0475

    Bought with:

    Warren Mitchell, 10491210090

    Opulence Realty Group

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: H6317490MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Hot Water, Oil
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Full
    Interior area
    • Total structure area: 3,420
    • Total interior livable area: 3,420 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 2,000 Square Feet
    • Features: Near Public Transit, Near School, Near Shops
    Details
    • Parcel number: 033110037

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    • Attached to another structure: Yes
    Condition
    • Actual
    • Year built: 1899

    Utilities & green energy

    • Gas: Separate Gas Meters: 3
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Trash Collection Public

    Community & HOA

    Community
    • Features: Park
    HOA
    • Has HOA: No
    • Amenities included: Park
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $468/sqft
    • Tax assessed value: $1,253,000
    • Annual tax amount: $6,100
    • Date on market: 7/16/2024
    • Cumulative days on market: 20 days
    • Listing agreement: Exclusive Right To Sell
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    11/19/2024Sold$1,600,000+6.7%$468/sqft
    Source: OneKey® MLS as distributed by MLS GRID #H6317490 Report a problem
    8/5/2024Pending sale$1,499,000$438/sqft
    Source: OneKey® MLS as distributed by MLS GRID #H6317490 Report a problem
    7/16/2024Listed for sale$1,499,000$438/sqft
    Source: OneKey® MLS as distributed by MLS GRID #H6317490 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,986 -0.4%$75,180 -6.3%
    2024$6,009 $80,220 +13.1%
    2023-- $70,920 -6.6%
    2022-- $75,960 -8.9%
    2021-- $83,340 -8.4%
    2020$4,662 +1%$91,020 +9.5%
    2019$4,618 -6.2%$83,160 +253.5%
    2018$4,922 +8.7%$23,527 +5.9%
    2017$4,528 +30.2%$22,213 +6%
    2016$3,477 $20,956 +0%
    2015$3,477 +66.5%$20,948 +0.8%
    2014$2,089 $20,775 +6%
    2013-- $19,606 +5.9%
    2012-- $18,511 +6%
    2011-- $17,464 +0%
    2010-- $17,457 +0.8%
    2009-- $17,313 +6%
    2008-- $16,339 +5.9%
    2007-- $15,426 +6%
    2006-- $14,554 +0%
    2005-- $14,548 +0.8%
    2004-- $14,428 +6%
    2003-- $13,616 +5.9%
    2002-- $12,855 +6%
    2001-- $12,129 +0%
    2000-- $12,124
    Find assessor info on the county website

    Neighborhood: Bushwick

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Contact Agent
    • Middle: Jhs 291 Roland Hayes
    • High: Contact Agent

    Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.