You'd be hard pressed to find a safer place than 47 Menahan Street unless it was a police station
Germaphobes might squirm a little bit around 47 Menahan Street, but normal city dwellers won't have many issues.
47 Menahan Street is not great, but not bad either. Monopoly-wise, it's sort of like the orange properties.
Living at 47 Menahan Street is such a steal, you might want to call your attorney.