124 Grove St - Apartments FOR SALE


Brooklyn, NY 11221- Bushwick
$2,999,000 USD
917-415-1060
124 Grove St, Brooklyn, NY for Sale
$2,999,000 USD
Apartments - FOR SALE
1/15
null | 7.22% Cap Rate

124 Grove St
Brooklyn, NY 11221
Bushwick


OVERVIEW

Fully Vacant | Fully Renovated 4-Family Property | 16 Bedrooms Situated in Bushwick, 124 Grove Street is a fully renovated semi-attached four-family property delivered completely vacant. The vacant delivery provides flexibility for owner occupancy, rental use, or a combination of both. Each residence is separately metered for gas and electric. Originally built in 1931, the property has been comprehensively renovated with updated systems and contemporary finishes throughout. The building offers approximately 4,125 square feet of interior space and consists of two 5-bedroom, 4-bathroom residences and two 3-bedroom, 1-bathroom residences, providing a total of 16 bedrooms and 10 full bathrooms. Each residence features updated kitchens with quartz countertops, custom cabinetry, stainless steel appliances, gas ranges, dishwashers, refrigerators, and in-unit washers and dryers. Additional features include renovated bathrooms, split-system heating and cooling, baseboard heat, approximately 9 to 10-foot ceilings, large windows, and abundant natural light. The property also includes a full basement, front yard, and private backyard. Conveniently located near the J, Z, M, and L subway lines, the property provides access to Williamsburg, Downtown Brooklyn, and Manhattan. Nearby amenities include restaurants, cafés, grocery stores, neighborhood retail, parks, fitness centers, and other local services. This property offers a flexible four-family layout, updated interiors, and vacant delivery in the Bushwick neighborhood.

FOR SALE DETAILS

PRICE

$2,999,000 USD

PRICE/SF

$727 USD /SF

# OF UNITS

9

PRICE/UNIT

$333,222

CAP RATE

7.22%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

R6, Brookyln

APN/PARCEL ID

03323-0021

ASK ABOUT THIS PROPERTY

Davidson JosephKeller Williams Realty of Greater NassauMore Info
917-415-1060

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Davidson JosephKeller Williams Realty of Greater NassauMore Info
917-415-1060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.