1363 Hancock Street Bushwick, Brooklyn, NY 11237
*** CALLING ALL INVESTORS ***
6-Family unit Investment Property over 7% CAP RATE projected!! New Construction, Free Market
Annual Property tax of $12,912.
Annual rental income of $187,800
Penthouse is Rented : $3,500
1 bedroom on the first floor is rented : $2,200
Studio on the first floor is rented : $1,950
1363 Hancock Street is a 6 family building, fully gut renovated with an extension and converted from a 2 family residence. Located in the Bushwick section of Brooklyn. This 6-unit multi-family building has 4,368 square feet of space and sits on a 2,000 square foot lot.
3 units rented so far and 3 vacant.
- 1st floor includes a 2 bed/ 2 bath with garden unit
- 3 one-bedroom apartments on the 2nd & 3rd floors.
- 1 studio on the 2nd floor
- 4th floor Penthouse is a 2 bed/2 bath with front and rear terraces.
All utilities are separately metered. Recent top of the line gut renovation and extension.
- 1st and 4th floors have a private washer/dryer
- while 2nd & 3rd floors have shared washer/dryer.
This building also features central A/C throughout with new electric, plumbing and sprinkler systems. Property can be delivered vacant or rented. Easy access to public transportation with the L and M trains nearby. Short distance to the BQE, Brooklyn and Manhattan bridges, Jackie Robinson Parkway and the Van Wyck Expressway.
We offer the highest level of expertise, service, and integrity. The Sarsen Team is a leading real estate team based in Greenwich, Connecticut, and has helped hundreds of buyers find their dream home in Fairfield County, Connecticut, and Westchester County, New York, resulting in over $1.2 Billion of closed residential real estate transactions.Contact Us
Courtesy of Howard Morrel