Open House
Sun, Nov 8 · 12:00PM–1:00PM
Open House
Sun, Nov 8 · 12:00PM–1:00PM
138 Grove Street
$1,750,000
MLS# RLS20110818 · Bushwick
Listed September 25, 2026 · 41 days on the market
12 Beds 5 Baths 3,700 Sq.Ft.
About This Property
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.
Agent's Note
From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Compass.
Three separate residences make up 138 Grove Street, and the flexible layout is the first thing I'd look at. One owner could live in a unit and keep the other two as separate homes, or use the house in another way. The description puts the house at about 2,800 square feet above grade and a full basement of about 900 square feet, which brings the total to 3,700 square feet with 12 bedrooms and 5 bathrooms.
The house was fully renovated in 2015. The floors are hardwood, marble and tile, and central air is included. The washer and dryer are in the unit, which is a daily convenience worth having in a multifamily home like this.
The J and Z at Gates Avenue are about 9 minutes on foot, and the M at Knickerbocker Avenue is about 8 minutes. The B52, B60 and Q24 buses are also nearby. C-Town is about 2 minutes away, and Irving Square Park and Maria Hernandez Park are close by.
Broadway, Knickerbocker Avenue and Myrtle Avenue have restaurants, cafes and shops within a few minutes.
Quick answers+
How many residences does the property have?
Three separate residences.
Does the property have in-unit laundry?
Yes. There's a washer and dryer in the unit.
Does the home have central air?
Yes. Central air and HVAC are included.
Curtis Bain
Brown Harris Stevens
Property Features
Home features
- Washer/dryer in unit
- Central air
- Hardwood floors
- Marble floors
- Tile floors
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$9,430 / month
- Principal and interest$8,849
- Property taxes$581
Due at closing
- Down payment (20%)$350,000
- NYS “mansion tax” (1%)$17,500
- Mortgage recording tax (1.925%)$26,950
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Location & Nearby
Map
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138 Grove Street
Subway
- MKnickerbocker AvAbout 8 min walk
- JZGates AvAbout 9 min walk
- JKosciuszko StAbout 13 min walk
- MCentral AvAbout 13 min walk
Parks
- Heckscher PlaygroundAbout 2 min walk
- Hope BallfieldAbout 6 min walk
- Bushwick PlaygroundAbout 10 min walk
Public schools · Elementary schools
- P.S. 75 Mayda CortiellaAbout 2 min walk
- Success Academy Charter School - Bushwick · CharterAbout 4 min walk
- P.S. 299 Thomas Warren FieldAbout 6 min walk
Middle schools
- J.H.S. 291 Roland HayesAbout 7 min walk
- J.H.S. 383 Philippa SchuylerAbout 7 min walk
High schools
- Math, Engineering, and Science Academy Charter High School · CharterAbout 7 min walk
- Bushwick Community High SchoolAbout 7 min walk
Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.
The Neighborhood
About Brooklyn
Bushwick is covered by our Brooklyn guide.
A dynamic borough offering architecturally significant residences, world-class culture, and an unmatched creative energy.
Walkability
9/10
Public transit
8/10
Schools
7/10
Dining
9/10
Groceries & parks
8/10
Gallery
Property Photos
Listing Courtesy of Compass
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.