MENEHAN STREET PROPERTIES GROUP LLC paid $5M to MENAHAN BROOKLAND LLC

MENEHAN STREET PROPERTIES GROUP LLC paid MENAHAN BROOKLAND LLC $4.9 million for 2 parcels, including the tax class unlicenced parking lot (G7) and containing 26 residential units at Menahan Streetnot available in Bushwick. The deal closed on July 01, 2019 and was recorded on July 12, 2019. The parcel(s) have total development potential of 19,469 square feet.
The sale price per unit is $188,462.
The last time the property sold was July 22, 2014, for $2,350,000.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel.There have been 2 new building permit applications totaling 17,558 square feet. Those plans include a total of 26 residential or hotel units.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link