138 Grove St, Brooklyn, NY 11221

Property Description

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.