38 Grove Street

$1,750,000

For Sale

2,640 ft²

$662 per ft²

10 rooms

4 beds

4 baths

Three-family home
Bushwick
Resale

This home has been saved by 4 users.

Report listing

Listing by Corcoran, Limited Liability Broker, 1 Pierrepont Plz, Brooklyn, NY 11201

Listing updated in the last 2 days

Common charges

Not applicable

Estimated payment

$8,078/mo

Taxes

$234/mo

Tax abatement

No info

About

Seller’s agent

Nick Hovsepian

Licensed Real Estate Salesperson

Corcoran

description

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.

Policies

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Home features

Central air
Dishwasher
Hardwood floors
Private outdoor space
Garden
Washer/dryer

Building amenities

No info on building amenities

About the building

38 Grove Street

38 Grove Street, Brooklyn, NY 11221

Three-family house inBushwick

3 units

2 stories

1920 built

For sale

1 available units for sale

For rent

0 available units for rent

Documents and permits

View documents and permits

Learn more about 38 Grove Street

Property history

Price Change: No changes
Days on market: Listed today

Date	Price	Event
12/4/2025	$1,750,000	Listed by Corcoran
9/11/2024	$0

Explore Bushwick

Transit

Location	Distance
at Gates Av	under 500 feet
at Kosciusko St	0.31 miles
at Halsey St	0.51 miles
at Central Av	0.51 miles
at Knickerbocker Av	0.56 miles

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About Bushwick

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

4 beds

$1.4M

RentalsMedian asking base rent

4 beds

$4,500

Bushwick has seen a lot of change over the years. In the early 1900s, it was known for its thriving distilleries and breweries. After those industries declined, it experienced a long period of blight through the 1970s and 1980s. Now the neighborhood is seeing a renaissance, as artists pushed out of Williamsburg and elsewhere move in and raise property values. Bushwick offers unconventional living spaces: The housing market is full of converted lofts in old factories, sometimes with great access to outdoor space.

Learn more about Bushwick