Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
12 Beds
5 Baths
3,700 sqft

$1,750,000

138 Grove Street, Brooklyn NY, 11221

Price per sqft$472.97
Built in1931
Property size3,700 sqft
Property typeMulti-family

Overview

Active

Listed Aug 24, 2026

Updated 16h ago

138 Grove Street offers a flexible multi-family opportunity with approximately $13,000 in monthly gross rent, or $156,000 annually. The property can be delivered vacant or occupied, giving a new owner multiple options. The first-floor residence is a duplex, allowing an owner to occupy the duplex while collecting approximately $8,500 per month from the other two apartments. The property features HVAC and approximately 2,800 SF above grade, and a full approximately 900 SF basement. An excellent opportunity for an owner-occupant or investor seeking strong rental income and flexibility.Welcome to 138 Grove Street, a spacious three-family home located in the heart of Bushwick. Fully renovated in 2015 and maintained in great condition, the property offers three separate residences with generous living space throughout. The flexible layout presents an excellent opportunity for an owner-occupant looking to live in one unit while generating rental income from the others, or for an investor seeking a well-maintained multifamily property. Conveniently located near the J and Z trains at Gates Avenue and the M train at Knickerbocker Avenue, with access to the B52, B60, and Q24 bus routes. The property is also close to Irving Square Park, Maria Hernandez Park, and the many restaurants, cafés, shops, and everyday conveniences found along Broadway, Knickerbocker Avenue, and Myrtle Avenue. A great opportunity to own a spacious, renovated three-family property in one of Brooklyn’s most active neighborhoods. mix it ad do nice desptoion A great opportunity to own a spacious, renovated three-family property in one of Brooklyn’s most active neighborhoods.

$11,643/mo

Est. mortgage payment based on a $1,750,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
RLS20110818

Interior Features

Bedrooms
12
Bathrooms
5
Cooling
Yes
Basement
Yes

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$6,972
Tax Frequency
Annually
HOA Frequency
Monthly
MLS provider logo

Listing Courtesy of Compass -  Parviz Latipzoda

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026  The Real Estate Board of New York, Inc., All rights reserved

RLS Data display by Keller Williams. Data last updated on 10/3/2026 at 4:39 AM UTC

Powered by Luxury Presence