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Well-Kept Brick Six-Family Building
For Sale
$899,000

349 Grove Street, Brooklyn, NY 11237

Clean, well-maintained brick six-family with DHCR paperwork in order and one unit vacant at closing.

Property SizeContact for details
Days on Market105

Property Features for 349 Grove Street

General Information

Standard status Active
Property subtype Commercial

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $12,116

Amenities

super on premise
Natural Gas Heating
On Street

Building Details

Year Built 1931
Construction Brick
Tenancy Multi
Listing Agency: CAMPIONE REALTY
Listed By: LOUIS J. CAMPIONE · License #992532
Source: Corcoran
Added: Apr 29 Changed: Aug 10 Last Checked: Aug 10 at 4:41AM

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.

Located at 349 Grove Street, this clean and well-kept brick six-family property presents with all paperwork in order, including the DHCR. The building reports no violations, and current long-standing tenants are described as being in good standing. Apartment 1L is scheduled to be vacant at closing time.

The property features an on-premises superintendent unit, identified as apartment 1R, to help keep the building maintained. Reported approximate annual performance is $103,000 in gross income with about $35,000 in expenses.

Convenient transit access is noted with nearby access to the M, L, and J trains, along with buses, all described as within walking distance.

Key Highlights

  • Brick 6‑family building built in 1931 in the Wyckoff Heights section of Brooklyn
  • DHCR paperwork in order with all paperwork reported as in order and no violations reported
  • Long‑standing tenants in good standing; super on‑premises in apt 1R to maintain the building

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
Multi-tenant
Tenancy

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 - Clean, well-maintained brick six-family with DHCR paperwork in order and one unit vacant at closing.
Where is this apartment building located?
The property is located at 349 Grove Street 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: Brick 6‑family building built in 1931 in the Wyckoff Heights section of Brooklyn; DHCR paperwork in order with all paperwork reported as in order and no violations reported; Long‑standing tenants in good standing; super on‑premises in apt 1R to maintain the building
More about this property
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