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1091 Hancock Street
1091 Hancock Street
1091 Hancock Street
1091 Hancock Street
1091 Hancock Street
1091 Hancock Street
1091 Hancock Street
1091 Hancock Street
1091 Hancock Street
1091 Hancock Street
1091 Hancock Street
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$1,499,000

1091 Hancock Street

7 Beds 4 Baths 1,960 Sq.Ft.

Description

Are you an end user of developer looking for an investment opportunity in Bushwick? If so, welcome to Hancock Street which is situated in the heart of Bushwick! This impressive townhouse boasts over 2500 total square feet of living space, offering ample room for those who crave space and flexibility. Featuring a total of 10 rooms, which include 7 comfortable bedrooms and 5 total bathrooms, this property is perfect for an end user looking to live and collect rent to subsidize the mortgage. Starting from the bottom up, the first floor consists of another 2-bedroom, 1.5 bathroom apartment which is also occupied. The top floor consists of a 3-bedroom 1.5-bathroom apartment that is vacant and recently updated. The property's private outdoor space is plentiful and stretches from the front all the way around back were you'll find a huge backyard.

This property is also a great play for a developer as the subject is located within the R6 zoning district. This district currently holds a 2.43 as-of-right FAR, allowing for a total buildable square footage of approximately 6,000 SF. Therefore, a developer could build a new 8-unit rental or condominium building in the heart of Bushwick, making this an outstanding investment opportunity.

Bushwick is renowned for its vibrant arts scene and eclectic mix of local flavors. From captivating street art to chic dining spots, the neighborhood buzzes with energy and creativity. You're just a short stroll from coffee shops, bakeries, and unique boutiques, ensuring you'll never run out of adventures close to home. One of the best features of this property is its connectivity. With convenient access to nearby subways, commuting to NYC or exploring the broader Brooklyn area is a breeze. The L and J trains make your experience of the city seamless and enjoyable. Don't miss the opportunity to own or develop this prime Bushwick property.

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Location

1091 Hancock Street, Brooklyn, NY 11221

Status

For Sale

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Gregory Valvo

Gregory Valvo

TITLE

Senior Associate

LICENSE

10301222351

Property

Interior
Appliances Gas Water Heater, Refrigerator, Cooktop
Flooring Laminate, Tile
Total Bedrooms: 7
Half Bathrooms: 2
Full Bathrooms: 3
Other Interior Features Laminate, Tile
Area & Lot
Lot Area 2,500 Sq.Ft.
Living area 1,960 Sq.Ft.
MLS® ID 487456
Year Built 1997
Type Multi-Family
Status For Sale
Exterior
Stories 2
Heat type Baseboard, Natural Gas
Roof Shingle
Finance
Sales Price $1,499,000
Real Estate Tax $5,995 yearly
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Thank you for your interest in 1091 Hancock Street, Brooklyn, NY 11221. We are reviewing your request and will be in touch shortly!

Bushwick

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We are friendly, easy to talk to, and easy to understand. We’re not intimidating or judgmental — so clients from all walks of life feel comfortable talking to us about their real estate needs and concerns. Our messaging is warm, sincere, and familiar. We’re not money-driven.