69 Grove Street

69 Grove St
Bushwick

$2,395,000
Price
7
Beds
3,447 Sq. Ft.
$695 / Sq. Ft.
3,447
Sq. Ft.
$695
per Sq. Ft.

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...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.
  1. Listed by Nicholas Andrew Hovsepian • Corcoran Group
    P: (310)-748-8668 C: (310)-748-8668 nick.hovsepian@corcoran.com

Property Details for 69 Grove Street

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LISTING UPDATED: 12/02/2025 04:47 PM

Property Details for 69 Grove Street

StatusActive
MLS IDRLS20062051
Days on Market4
Taxes$1,100 / month
Maintenance-
Min. Down Pymt-
Total Rooms14.0
Compass TypeTownhouse
MLS TypeHouse/Building
Year Built1931
Lot Size1,640 SF / 87' x 18'
CountyKings County

Building

69 Grove St

3 Units3 StoriesBuilt in 1931

Location

Listing Courtesy of Corcoran Group
Add your commute

Building Information for 69 Grove Street

Stories3Residences3Year Built1931Building Size18.9' x 60.8'Building Sq. Ft3,447.36 SFLot Size1,640 SF / 87' x 18'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$12,935 per month

30 year fixed, 6.28% Interest

Principal and Interest

$11,835

Property Taxes

$1,100

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 69 Grove Street

Summary
Location and General Information
  • Subdivision Name: Bushwick
  • Stories Total: 3
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0021
  • Tax Block: 03313
  • Flip Tax: $0
  • Building Tax Lot: 0021
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 3447.0
  • Building Area Total: 3447.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 87.50x18.75
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • New Construction: No
  • Structure Type: Townhouse
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: None
Interior Features
  • Cooling: CentralAir
  • Entry Level: 1
  • Fireplace: No
  • Floor Number: 1
  • Basement: Yes
  • Cooling: Yes
  • ElevatorsTotal: 0
  • Size Dimensions: 60.50x18.75
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 69 Grove Street

DateEvent & SourcePriceAppreciationLink
Dec 2, 2025

Listed (Active)

RLS RESO #RLS20062051

$2,395,000—
Feb 7, 2014

Sold (Public Record)

ACRIS #2014022000195001

$900,000

+81.9% / yr

Nov 13, 2012

Sold (Public Record)

ACRIS #2012111901315001

$430,000—
DateEvent & SourcePrice
12/02/2025

Listed (Active)

RLS RESO #RLS20062051

$2,395,000
02/07/2014

Sold (Public Record)

ACRIS #2014022000195001

$900,000

+81.9% / yr

11/13/2012

Sold (Public Record)

ACRIS #2012111901315001

$430,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 69 Grove Street

Taxable ValueLand$19,080Additions$100,320Total$119,400
Tax Record2025$12,898 ($1,075 / month) Tax Class1Tax Rate20.085%
Home Facts
Total Finished SqFt3,447 SqFtLot Size1,654 SqFtYear Built1931ZoningR6APN3033130021

Schools near 69 Grove Street

This home is within New York City Geographic District #32.
Rating
School
Type
Grades
Distance
P.S. 75 Mayda Cortiella
Public - PK to 5
Jhs 291 Roland Hayes
Public - 6 to 8
Bushwick Leaders High School For Academic Excellence
Public - 9 to 12
P.S. 377 Alejandina B De Gautier
Public - PK to 5
Rating
School
Distance
P.S. 75 Mayda Cortiella
PublicPK to 5

Jhs 291 Roland Hayes
Public6 to 8

Bushwick Leaders High School For Academic Excellence
Public9 to 12

P.S. 377 Alejandina B De Gautier
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 69 Grove Street, Bushwick

69 Grove Street is a townhouse for sale in Bushwick. This property was listed for sale on December 2, 2025 by Corcoran Group, it's currently listed at $2,395,000. It has been on the market for a total of 4 days and was last sold on February 7, 2014. This listing's school district is New York City Geographic District #32. Nearby schools include P.S. 75 Mayda Cortiella, Jhs 291 Roland Hayes and Bushwick Leaders High School For Academic Excellence. 69 Grove Street is a 7-bed, 7-bath, 3,447 sqft townhouse built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.