For Sale

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1363 Hancock St Bushwick

$2,595,000

1363 Hancock St Bushwick

1363 Hancock Street Bushwick, Brooklyn, NY 11237

Description

*** 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.

Features

7 Beds

8 Baths

4,368 Sq.Ft. Living Area

2,000 Sq.Ft. Lot

Features & Amenities

Interior

Total Bedrooms 7
Total Bathrooms 8
Full Bathrooms 8
Other Interior Features Private Terrace, Hardwood Floors, Central AC, Dual Pane Windows, Central Heating, High Ceilings

Exterior

Other Exterior Features Bike Room, Eastern Exposure, Open Views, Private Yard, Roof Deck, Private Entrance

Area & Lot

Status For Sale
LIVING SPACE 4,368 Sq.Ft.
LOT SIZE 2,000 Sq.Ft.
Type MULTI_FAMILY
Year Built 1901

Financial

SALES PRICE $2,595,000
Jon Granston photo

Jon Granston

Lloyd O'Neill photo

Lloyd O'Neill

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