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Brick 6-Family Apartment Building
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349 Grove Street, New York, NY 11237

Brick construction with an on-site superintendent apartment and one unit scheduled to be vacant at closing.

Property SizeContact for details
Days on Market128

Property Features for 349 Grove Street

General Information

Standard status Active
Property subtype Multifamily
Zoning R6

Additional Details

Gross Income $103,000
Public Transit Yes
Multifamily Units 6

Building Details

Year Built 1931
Units 6
Construction Brick
Listing Agency: Campione Realty
Listed By: Louis Campione · License #992532
Source: Crexi
Added: Apr 29 Changed: Sep 2 Last Checked: Sep 1 at 3:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Campione Realty

Investment Insights

Based on property information with market context.

Built in 1931, this six-family brick apartment property is located at 349 Grove Street in Brooklyn’s Wyckoff Heights section. The building includes an on-site superintendent apartment, supporting day-to-day upkeep within the property. Apartment 1L is expected to be vacant at closing, while the remaining apartments are occupied by established tenants. DHCR documentation is in order, and the property is reported free of violations. The building carries R6 zoning. Residents can walk to the M, L, and J train lines, as well as nearby bus service.

Key Highlights

  • Six‑family brick apartment building constructed in 1931
  • Apartment 1L will be vacant at closing
  • On‑site superintendent apartment 1R

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Auto Parts Store Adult Day Care Buffet Pet Grooming Service Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

26,214
Businesses Nearby

Demographics for 11237, NY

49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick construction with an on-site superintendent apartment and one unit scheduled to be vacant at closing.
Where is this apartment building located?
The property is located at 349 Grove Street New York, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Six‑family brick apartment building constructed in 1931; Apartment 1L will be vacant at closing; On‑site superintendent apartment 1R
(718) 326-3003 Call to check price and availability
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