316 Grove St | Brooklyn, NY 11237
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- LoopNet Team
316 Grove St
Brooklyn, NY 11237
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- This lucrative multifamily investment provides 6 one-bedroom units with only one vacancy, providing existing income and further growth potential.
- The area provides fantastic amenities, including household name retailers such as Food Bazaar, Planet Fitness, CVS, McDonald’s, Starbucks, and more.
- A prime location places tenants just 3 blocks from the M & L subway lines, with convenient access to the vibrant culture and amenities of Bushwick.
- A new owner can source new tenants from a 1-mile population of more than 161k, with over 83% of residents currently renting their homes.
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 4,875 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1931 |
| Building Class | C | ||
| Zoning | R6, Brooklyn (C2) - R6B | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,875 SF |
| No. Stories | 3 |
| Year Built | 1931 |
| Zoning | R6, Brooklyn (C2) - R6B |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 03326-0032 | Improvements Assessment | $564,300 |
| Land Assessment | $5,400 | Total Assessment | $569,700 |
PROPERTY TAXES
Parcel Number
03326-0032
Land Assessment
$5,400
Improvements Assessment
$564,300
Total Assessment
$569,700
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