67 GROVE Street, New York City, NY 11221

Welcome to 67 Grove Street, a four-story, four-unit free-market rental building built in 2015 and located on a quiet residential block in the heart of Bushwick, moments from the border of Ridgewood. 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.<br> The building currently generates <strong>$167,400 in annual gross income</strong>, offering investors reliability from day one. With an attractive <strong>4.7% cap rate</strong>, 67 Grove Street represents a compelling opportunity in one of Brooklyn's most active rental markets. The property spans approximately <strong>3,238 square feet</strong> across four full floors plus a cellar, situated on an <strong>18.5' x 87.5' lot</strong> with R6 zoning.<br> Each residence features efficient two-bedroom 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. All units offer private outdoor space, while a roof terrace provides 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.<br> Located just minutes from vibrant restaurants, nightlife, shopping, and multiple transit options, 67 Grove Street combines durable income, desirable layouts, and long-term neighborhood momentum-making it a prime Brooklyn investment opportunity for both seasoned and emerging investors.<br>