$1,400,000
Updated 10 years ago
Sold

136 Grove Street

Bushwick, Brooklyn | Evergreen Ave & Central Ave

15 Rooms7 Beds3 Baths3,100 Square FeetIncome Property

$1,400,000
floors / apts3 / 3
Lot Size20'x100'
Built Size20'x45'
ZoneR6
Building TypeTownhouse
RE Taxes$2,737
Price Per SF
$452

This property was sold for $1,400,000 on 11/07/16.

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 136 Grove Street

Welcome to 136 Grove Street, a masterfully renovated, 3 family town home in the heart of Bushwick. This 3,100 square foot townhouse has been upgraded to its very foundation, and comes fully equipped with brand new plumbing, electrical, and luxury finishes, all in close proximity to countless bars, venues, and cultural enclaves in the Bushwick and Williamsburg areas. This model property entails 3 larger than life units, including a sprawling, 2-bedroom and 3 bedroom floor-through apartment, each boasting 900 square feet of space, and 2-bedroom, garden level duplex boasting 1,300 square feet of space. Owners and occupants will enjoy all the comforts of home, including rich, hard wood floors; a brand new open kitchen with stainless steel appliances, granite countertops, and custom lighting fixtures; a modern bathroom with standing glass shower and a stainless steel, massaging shower nozzle; as well as recessed lighting and brilliant exposures throughout.Don't wait to collect rent! 136 Grove Street comes occupied and presents a rare opportunity to make a return on your investment upfront:Unit 1 - $2,950Unit 2 - $2,800Unit 3 - $3,050With a cap rate of over 7%, immediate train access at Knickerbocker Avenue, and the option to have the Garden Level Duplex delivered vacant, 136 Grove Street a indisputably worthy investment for any savvy buyer!

Listing History for 136 Grove Street

Now
11/09/2016
$1,400,000
Sold and Closed by Mark Martov
Corcoran
06/30/2016
Contract Signed by Mark Martov
Corcoran

Building Details for 136 Grove Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Gates Av
0.33 miles
Knickerbocker Av
0.33 miles
Kosciuszko St
0.48 miles
Central Av
0.49 miles

Citi Bike

Menahan St & Central Ave
0.1 miles
Bushwick Ave & Linden St
0.19 miles

Contact Agents

Contact Agents

Mark Martov
Corcoran

Bushwick | Brooklyn

Quick Profile

As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century. 

With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue. 

Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs. 

But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here). 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 65091TH