349 Grove St - Apartments FOR SALE


Brooklyn, NY 11237- Bushwick
$1,100,000 USD
718-536-7787
349 Grove St, Brooklyn, NY for Sale
$1,100,000 USD
Apartments - FOR SALE
1/9
null | 6.6% Cap Rate

349 Grove St
Brooklyn, NY 11237
Bushwick


OVERVIEW

Squeaky clean Prime Bushwick Opportunity Six-family rent-stabilized building on Grove St. & Wyckoff Ave with one vacant first-floor unit offering direct yard access — perfect for an owner-user. Well-maintained, income-producing, and ideally located near Bushwick’s best cafes, nightlife, and subway lines. This build has zero violations! DHCR is clean. Building: 25 × 65 ft Lot: 25 × 100 ft Zoning: R6 FAR: 1.95; Max FAR: 2.43 1200 Sqft of FAR available Taxes: $11,892/Yr 1L VAVANT 1961.75 1R occupied $1400.48 2L occupied $1606.8 2R occupied $748.78 3L occupied $2026.94 3R occupied $722.48 = $8,467.23 Gross income: $101606.76 NOI: $72,262.76 6.5 CAP

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$226 USD /SF

# OF UNITS

6

PRICE/UNIT

$183,333

CAP RATE

6.6%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Live Rent free! 6 Family Brick 1 Vacant

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

2,483 SF

ZONING

R6,Brooklyn,(C2)

APN/PARCEL ID

03319-0051

ASK ABOUT THIS PROPERTY

Theo EastwindTheo EastwindMore Info
718-536-7787

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Theo EastwindTheo EastwindMore Info
718-536-7787

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