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$2,353,087
List Price: $2,395,000
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69 Grove Street
Townhouse in Bushwick •  building info
7bd • 6.5ba • 3,447ft² $695 per ft²
Buy with Yoreevo

$2,353,087

List Price

$2,395,000

Key Details
Days on market
14
Last price change
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Estimated payment
$14,372/mo
Taxes
$1,100/mo
Maintenance
N/A
Description
Welcome to 69 Grove Street, a three-family, free-market brick rental building built in 2015 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. The building currently generates $144,000 in annual gross income, offering investors reliability from day one. With an attractive 5.0% cap rate, 69 Grove Street represents a compelling opportunity in one of Brooklyn's most active rental markets. The property spans approximately 3,447 square feet across three full floors plus a basement, situated on an 18.9' x 87.5' lot with R6 zoning. Each residence features spacious two-bedroom and three-bedroom, two-bathroom 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. Private outdoor space includes a rear yard and a roof terrace, providing additional lifestyle appeal and value enhancement. The residences and common areas were finished with durable materials for a hands-off owner experience. Utilities are separately metered, helping keep operating expenses low and income performance strong. Located just minutes from vibrant restaurants, nightlife, shopping, and multiple transit options, 69 Grove Street combines durable income, modern construction, and long-term neighborhood momentum-making it a prime Brooklyn investment opportunity for both seasoned and emerging investors.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$2,395,000
Asking Price: $2,395,000
Term
30 Years
Down Payment
$239,000 (10%)
Min: 10% (239,000)
Rate
6.25 %
Mortgage Amount
$2,155,500
Mortgage Payment
$13,272
Taxes
$1,100
Estimated Yoreevo rebate
$41,913
Estimated closing cost
$88,000
Total monthly cost $14,372
Buy your dream home with us and get an estimated $41,913 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Corcoran Group

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