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69 Grove Street, Brooklyn, NY 11221

Brooklyn
Local realty services provided by:CENTURY 21 Awaye Realty
69 Grove Street,Brooklyn, NY 11221
$2,250,000
  • 7 Beds
  • 7 Baths
  • 3,447 sq. ft.
  • Multi-family
  • Active
Listed by: nicholas andrew hovsepian, leslie a marshall, stephanie wilberding
Office: corcoran group
MLS#:RLS20062051
Source:NY_REBNY

Price summary

  • Price:$2,250,000
  • Price per sq. ft.:$652.74

About this home

Welcome to 69 Grove Street, a three-family, free-market <strong>brick rental building built in 2015</strong> and located on a quiet residential block in the heart of Bushwick. 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.<br> The building currently generates <strong>$144,000 in annual gross income</strong>, offering investors reliability from day one. With an attractive <strong>5.0% cap rate</strong>, 69 Grove Street represents a compelling opportunity in one of Brooklyn's most active rental markets. The property spans approximately <strong>3,447 square feet across three full floors plus a basement</strong>, situated on an <strong>18.9' x 87.5' lot</strong> with <strong>R6 zoning</strong>.<br> Each residence features <strong>spacious two-bedroom and three-bedroom, two-bathroom layouts</strong> with hardwood floors,

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Home facts

  • Year built:1931
  • Listing ID #:RLS20062051
  • Added:87 day(s) ago
  • Updated:February 27, 2026 at 07:41 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:7
  • Full bathrooms:6
  • Half bathrooms:1
  • Rooms Total:14
  • Basement:Yes
  • Living area:3,447 sq. ft.

Heating and cooling

  • Cooling:Central Air

Structure and exterior

  • Year built:1931
  • Building area:3,447 sq. ft.
  • Levels:3 Story

Finances and disclosures

  • Price:$2,250,000
  • Price per sq. ft.:$652.74
  • Tax amount:$13,200
MLS LogoThis information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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