SOLD FOR $1,900,000
· Sold at asking price · Closed October 23, 2020
$1,900,000
$633 per sq ft
1223 Hancock Street
MLS® #RLS10604877
Listing by Compass
5
Bedrooms
6.5
Baths
3,000
Sq. Ft.
1910
Year Built
Sale Details
Property Summary
Description
The perfect investment, 1031 exchange or primary residence with extra rental income. Completely gut renovated legal 3 family building (like you've never seen in Bushwick). This 20 X 45 building sits on a 100 ft lot and offers 3 free market units fully occupied with excellent tenants. $114,000 rent roll. Solid 5% cap! Having undergone a complete renovation by an experienced and top level craftsman, each unit features custom kitchens with corian counter tops, walnut details, custom cabinetry, paneled top-of-the-line Samsung appliances and a built in vented LG washer/dryer. White oak flooring throughout, brush painted solid core doors and Baldwin hardware complete the package. Central air conditioning system seamlessly melds into the soaring ceiling height. With very low taxes and expenses, this multi family in booming Bushwick is a turn key investment. Situated along a tranquil tree-lined section of Bushwick and a short distance to Irving Square Park and Bushwick Playground. Close proximity to mass transit with Halsey Street Station (L Train) and Myrtle-Wyckoff Avenue Station (L & M Train) nearby as well as Multiple NYC Buses (B13, B26, B52, B54, Q56, Q58). Contact us for a set up.
Property Details
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Listing courtesy of Esther Patten at Compass. 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.