1363 Hancock Street Bushwick, Brooklyn, NY 11237
1363 Hancock St Bushwick

1363 Hancock St Bushwick

1363 Hancock Street Bushwick, Brooklyn, NY 11237

$2,595,000
HIGHLIGHTS
  • 7 Beds
  • 8 Full Baths
  • 2,000 Sq.Ft. Lot
  • 4,368 Sq.Ft. Living
  • 1901 Year Built
  • For Sale Status

*** 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.

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Amenities

Interior

  • Total Bedrooms7
  • Total Bathrooms8
  • Full Bathrooms8
  • other interior Features Private Terrace, Hardwood Floors, Central AC, Dual Pane Windows, Central Heating, High Ceilings

Area & Lot

  • Status For Sale
  • Living Area4,368 Sq.Ft.
  • Lot Area2,000 Sq.Ft.
  • TypeMULTI_FAMILY
  • YEAR BUILT1901

Exterior

  • other exterior Features Bike Room, Eastern Exposure, Open Views, Private Yard, Roof Deck, Private Entrance

Financial

  • Sales Price$2,595,000

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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.

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Courtesy of Howard Morrel