Brooklyn, NY 11221,1091 Hancock ST
Brooklyn, NY 11221,1091 Hancock ST
Brooklyn, NY 11221,1091 Hancock ST
Brooklyn, NY 11221,1091 Hancock ST
Brooklyn, NY 11221,1091 Hancock ST
Brooklyn, NY 11221,1091 Hancock ST
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$ 1,499,000
Est. payment | /mo

7 Beds

5 Baths

1,960 SqFt


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$ 1,499,000
Est. payment | /mo
Save

7 Beds

5 Baths

1,960 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,960 sqft

Price per Sqft $764

MLS Listing ID 487456

Bedrooms 7

Full Baths 3

Half Baths 2

Year Built 1997

Annual Tax Amount $5,995

Property Sub-Type Multi-Family

Property 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.

Location

State NY

County Kings (brooklyn)

Area Bushwick

Zoning R6

Rooms

Basement Finished, Full

Interior

Hot Water Gas

Heating Gas

Flooring Laminate, Tile

Heat Source Gas

Exterior

Exterior Feature Brick

Amenities Available NONE

Roof Type Flat,Shingle

Handicap Access No

Building

Story 2

Foundation Block

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

Listed by Revived Residential
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7610 13th Ave, Brooklyn, New York, 11228, USA

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1091 Hancock ST