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1091 Hancock Street, Brooklyn, NY 11221

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For Sale

$1,499,000

7 beds • 3 baths • 2 half baths • 1,960 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Attached
    Property type

  • $764.80
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

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.
MLS# 487456

Courtesy Of Revived Residential

(929) 379-3750

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Dock
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Laminate, Tile
  • Heating System
    Baseboard
  • Lot Size
    0.06 Acres

Map and Directions

Directions to 1091 Hancock Street, Brooklyn, NY 11221

Home seller CENTURY 21 American Homes

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 American Homes

(718) 395-5626
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Copyright © 2024 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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