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Six-Unit Apartment Building
For Sale
$899,000

349 Grove St Unit 6, Brooklyn, NY 11237

Three-level residential property with nearby M, L, and J train service, buses, and one apartment scheduled for vacancy.

Property SizeContact for details
Days on Market21

Property Features for 349 Grove St Unit 6

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

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

Building Details

Year Built 1931
Stories 3
Listing Agency: Campione Realty
Listed By: Louis J. Campione · License #992532
Source: Realtyconnectusa
Added: Aug 10 Changed: Aug 28 Last Checked: Aug 29 at 12:19PM

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.

This three-level apartment property contains six residential units and was constructed in 1931. The building is described as clean and well maintained, with established tenancy and current rents. Apartment 1L is expected to be delivered vacant, providing a defined vacancy at closing or transition.

The property is positioned near M, L, and J train service as well as local buses, supporting access to the surrounding Brooklyn and Queens neighborhoods. Its location sits along the boundary of Wyckoff Heights in Brooklyn and Ridgewood in Queens.

Key Highlights

  • Six residential units across three levels
  • Built in 1931
  • Apartment 1L to be delivered vacant

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Acupuncture Travel Agency

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

5,940
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 - Three-level residential property with nearby M, L, and J train service, buses, and one apartment scheduled for vacancy.
Where is this apartment building located?
The property is located at 349 Grove St Unit 6 Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Six residential units across three levels; Built in 1931; Apartment 1L to be delivered vacant
More about this property
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