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Multi Family, 67 GROVE Street #, Bushwick South - Real Estate Brooklyn :: Brick&Mortar LLC

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Status: Active

67 GROVE Street, #

Bushwick South

$2,500,000
 |  8 Beds  |  4.5 Baths  |  3,238SF

Description

Welcome to 67 Grove Street, a four-story, four-unit free-market rental building built in 2015 and located on a quiet residential block in the heart of Bushwick, moments from the border of Ridgewood. Perfectly positioned for a long-term hold or 1031 exchange, this fully occupied asset delivers immediate, stable cash flow with additional upside through future rent growth.
The building currently generates $167,400 in annual gross income, offering investors reliability from day one. With an attractive 4.7% cap rate, 67 Grove Street represents a compelling opportunity in one of Brooklyn's most active rental markets. The property spans approximately 3,238 square feet across four full floors plus a cellar, situated on an 18.5' x 87.5' lot with R6 zoning.
Each residence features efficient two-bedroom layouts with hardwood floors, modern kitchens with full-sized stainless steel appliances and stone countertops, and modern baths. All units have central heating and cooling systems. All units offer private outdoor space, while a roof terrace provides additional lifestyle appeal and value enhancement. The residences and common areas were ...
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Property Details

  • Multi Family

Amenities

  • Private Outdoor Space Over60 Sqft
  • Cooling: Central Air
  • View: Other
  • Smoke Free
  • Pets: Building Yes, No

The Neighborhood

Bushwick
South
Bushwick South

Bushwick South Guide ›
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For information on 67 GROVE Street, # contact:

realtor top real estate agent

Sophia Dong

Licensed RE Salesperson

646-653-5750

Licensed RE Salesperson
sophia@brickandmortar.com
646-653-5750

Listing courtesy of Corcoran Group
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