Active
1091 Hancock Street
Brooklyn NY, 11221
$1,499,000
$764.80 per sqft
Active
7 Beds
4 Baths
1,960 sqft
Townhomes
Built in 1997
Are you an end user of developer looking for an investment opportunity in Bushwick? If so, welcome to 1091 Hancock Street which is situated in the heart of the bustling Bushwick neighborhood! 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 3 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 basement consists of a 2 bedroom, 1 bathroom apartment which is currently occupied. The first floor consists of another 2 bedroom, 1 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 an array of coffee shops, bakeries, and unique boutiques, ensuring you'll never run out of exciting adventures close to home. One of the standout features of this property is its excellent connectivity. With convenient access to nearby subway lines, commuting to Manhattan 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.
RPLU-1635523256499
MLSⓇ ID
November 13, 2024
Listed
December 4, 2024
Updated
Map
1091 Hancock Street
Brooklyn NY, 11221
Interior Features
Total Stories
1
Bedrooms
7
Total Bathrooms
4
Full Bathrooms
3
Half Bathrooms
2
Laundry Description
In Unit
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.06 Acres
Other Property Details
Taxes
$5,988
Tax Frequency
Annually
Garage
Yes
Garage Spaces
1
Parking
Assigned, Garage
View
No
View Description
Other
County
Kings
Pool
No
Listed by Gregory Valvo with Revived Residential
Listing Contact: (718) 795-6263
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
Data last updated on 12/4/2024 at 5:11 PM UTC