Maligayang pagdating sa 38 Grove Street, isang GANAP NA NAAKUPAN, kumikita na two-family townhouse na matatagpuan sa isang tahimik na residential block sa puso ng Bushwick. Umabot ito sa dalawang palapag kasama ang isang buong basement at isang natapos na attic, ang maayos na pinananatiling gusaling ito ay nakatayo sa isang 25' x 83.92' na lote at nag-aalok ng agarang, matatag na cash flow na may pangmatagalang potensyal.

Sa kasalukuyan, ang ari-arian ay bumubuo ng $102,000 na taunang kabuuang kita na may parehong yunit sa matibay na mga lease na umaabot hanggang 2026. Sa katamtamang taunang gastos sa operasyon na humigit-kumulang $9,606, ang gusali ay nagbibigay ng isang kahanga-hangang net operating income na $92,394 at isang kaakit-akit na cap rate na 5.27%. Ito ay isang malinis, simpleng pamumuhunan na may mahuhulaan na resulta at minimal na intensity ng pamamahala.

Ang gusali ay naka-configure bilang dalawang mal spacious duplex residences, bawat isa ay nag-aalok ng maraming kwarto, maluwang na living at dining areas, at magagandang natural na ilaw. Ang mga apartment ay may central heating at cooling, modernong mga kusina na may full size na stainless steel appliances, at in-unit laundry. Ang karagdagang attic at basement ay nagbibigay ng mahalagang flexible space para sa mga nangungupahan, pinalalakas pa ang pangmatagalang functionality at flexibility.

Perpektong nakaposisyon sa isa sa mga pinaka-aktibong rental markets ng Brooklyn, ang 38 Grove Street ay nag-aalok sa mga mamumuhunan ng bihirang kombinasyon ng malakas na kumikitang kita, paborableng operating metrics, at pangmatagalang potensyal ng kapitbahayan.

Welcome to 38 Grove Street, a FULLY LEASED, income-producing two-family townhouse located on a quiet residential block in the heart of Bushwick. Spanning two stories plus a full basement and a finished attic, this well-maintained building sits on a 25' x 83.92' lot and offers immediate, stable cash flow with long-term upside.
The property currently generates $102,000 in annual gross income with both units on strong leases extending into 2026. With modest annual operating expenses of approximately $9,606, the building delivers an impressive net operating income of $92,394 and an attractive 5.27% cap rate. This is a clean, straightforward investment with predictable performance and minimal management intensity.
The building is configured as two spacious duplex residences, each offering multiple bedrooms, generous living and dining areas, and great natural light. The apartments each have central heating and cooling, modern kitchens with full size stainless steel appliances, and in-unit laundry. The additional attic and basement provide valuable flexible space for tenants, further enhancing long-term functionality and flexibility.
Perfectly positioned within one of Brooklyn's most active rental markets, 38 Grove Street offers investors a rare combination of strong in-place income, favorable operating metrics, and long-term neighborhood upside.