IPRG is pleased to present 319 Menahan Street, a well-maintained six-family brick building in the heart of Bushwick, Brooklyn. Built 24.5’ × 65’ on a 24.5’ × 100’ lot (±5,350 existing SF), the property delivers strong day-one cash flow with multiple avenues for future upside. KEY HIGHLIGHTS: - Three Fully Gut-Renovated, High-Rent Units: Ownership invested over $400,000 renovating these three units, each featuring high-end finishes, individual HVAC systems, and fully signed-off DOB GC permits. Two units are true free-market. One remains rent-stabilized (did not previously meet the high-rent vacancy decontrol threshold) with a current preferential/market rent of $2,692/mo and a legal regulated rent of $4,402/mo, offering immediate mark-to-market upside upon turnover. - IAI Documentation Package: Ownership will provide a complete renovation file, including before/during/after photos, signed GC and architect contracts, invoices, and copies of all canceled checks. - Legal Garden Duplex with Private 875 SF Yard: Apartment 1R is a spacious legal duplex with direct parlor-level access to an expansive 875 SF private rear yard. - Three Rent-Stabilized Units: Three unrenovated rent-stabilized apartments provide stable in-place income with additional long-term value-add potential. - Excellent Condition & Strong Compliance Record: Fewer than 10 HPD violations in 12 years of ownership. Only two complaints in the past four years. Full collections for the entire ownership period, with no nonpayment issues, arrears, or vacancies. - Prime Bushwick Location: Just steps from the Myrtle-Wyckoff Ave L/M trains and surrounded by Bushwick’s vibrant retail, dining, galleries, and nightlife. 319 Menahan Street offers investors a true turnkey opportunity—three high-performing renovated units with significant capital investment, complete documentation, low-maintenance operations, protected stabilized income, and clear value-add potential through preferential rent recapture and future repositioning of remaining units