1091 Hancock Street

$1,499,000
Price
7
Beds
3
Baths
2
1/2 Baths
1,960 Sq. Ft.
$765 / Sq. Ft.
1,960
Sq. Ft.
$765
per 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...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.

Amenities

  • Top Floor
  • Air Conditioning
  • Basement
  • Private Outdoor Space
  • Parking Included
  • Lowrise
  • No Pets
LISTING UPDATED: 11/19/2024 10:13 AM

Property Details for 1091 Hancock Street

StatusActive
MLS ID487456
Days on Market31
Taxes$5,995 / year
Maintenance-
Min. Down Pymt-
Total Rooms10.0
Compass TypeMulti Family
MLS TypeResidential
Year Built1997
Lot Size2,500 SF / 25' x 100'
CountyKings County

Building

1091 Hancock St

2 Units2 StoriesBuilt in 1997

Building Information for 1091 Hancock Street

Stories2Residences2Year Built1997Building Size20' x 49'Building Sq. Ft1,960 SFLot Size2,500 SF / 25' x 100'Building AgePost-warBuilding Type-

Property Information for 1091 Hancock Street

Summary
Location and General Information
  • Block: 3388
  • Cross Street Name: Evergreen Avenue
  • Zoning: R6
  • Roof: Flat, Shingle
  • Water Front Present YN: No
  • Residential Features: A/C Unit - Wall, Refrigerator, Stove
  • Number Of Vacant Units: 1
Parking
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Carport
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 5995.0
Property
Lot Information
  • Sq Ft Total: 1960
  • Yard: Back, Front, Side, Fenced - Full
  • Lot Number: 135
  • Lot Size Irregular YN: No
  • Lot Size Length: 100
  • Lot Size Width: 25
Utilities
  • Heat Delivery: Baseboard
  • Heating Fuel: Gas
  • AC Units: 5+
  • Hot Water: Gas
Interior and Exterior Features
Interior Features
  • Basement Amenities: Finished, Full
  • Baths Three Quarter: 0.0
  • Baths Total Level 1: 1
  • Baths Total Level: 2
  • Total Rooms: 10
  • Foundation Details: Block
  • Flooring: Laminate, Tile
  • Unit Count: 2
  • Building Amenities: NONE
  • Number Of Available Units: 2
  • Construction Materials: Brick, Wood Frame
  • Electric: 200 Amp
  • Baths Total Level: 2
  • Beds Total Level: 2
  • Beds Total Level: 2
  • Beds Total Level: 3
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 980.0
  • Building Length: 49.0
  • Building Type: Semi-Detached
  • Building Width: 20.0
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 1.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 2
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 2800.0
  • Unit Floor: 1
  • Unit Projected Rent: 3000.0
  • Unit Rooms Total: 3
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 1.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 2
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Features: Appliances Included,Refrigerator,Water Included
  • Unit Floor: 2
  • Unit Projected Rent: 3300.0
  • Unit Rooms Total: 5
  • Unit Status: Vacant
  • Unit Unit Type: 3 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 2114.0
  • Owner Occupied: No

Property History for 1091 Hancock Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1091 Hancock Street

Taxable ValueLand$14,460Additions$39,660Total$54,120
Home Facts
Total Finished SqFt1,960 SqFtLot Size2,450 SqFtYear Built1997ZoningR6APN3033880135

Schools near 1091 Hancock Street

This home is within Nyc Geog District #32 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
P.S. 45 Horace E Greene
PublicPK to 8

Evergreen Middle School-Urban Exploration
Public6 to 8

Bushwick Community High School
Public9 to 12

P.S. 377 Alejandina B De Gautier
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1091 Hancock Street is a multi-family home for sale in Bushwick. This property was listed for sale on November 14, 2024 by Revived Residential, it's currently listed at $1,499,000. This listing's school district is Nyc Geog District #32 - Brooklyn. Nearby schools include P.S. 45 Horace E Greene, Evergreen Middle School-Urban Exploration and Bushwick Community High School. 1091 Hancock Street is a 7-bed, 4-bath, 1,960 sqft multi-family home built in 1997.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Revived Residential; Revived Commercial

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.