Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,900,000

· Closed October 1, 2025

1276 Hancock Street
Looking for something similar?
Closed For Sale Multi Family

$1,900,000

$459 per sq ft

1276 Hancock Street

Bushwick, Brooklyn

MLS® #RLS20010727

RLS at REBNY

Listing by Sothebys International Realty

6

Bedrooms

6

Baths

4,135

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 6
Bathrooms 6
Living Area 4,135 sq ft
Lot Size 2,000 sq ft
Year Built 1899
Ownership None
Property Taxes $4,488/yr
Neighborhood Bushwick

Property Highlights

  • Views: City
  • Character: Pre-war building (1899)

Property Details

Type Multi Family
Ownership None
Total Rooms 13
Baths 6 Full
View City
Pets Yes
Year Built 1899
Living Area 4,135 sq ft
Structure Type Townhouse
Flooring Hardwood
Furnished Unfurnished
Lot Size 2,000 sq ft
Parcel # 03398-0025
Block/Lot 03398/0025

Description

6% CAP RATE – Prime Bushwick Investment with Strong Cash Flow from Day One! Welcome to 1276 Hancock Street, a gut-renovated three-family townhouse on a deep 20' × 100' lot between Knickerbocker and Wilson Avenues in the heart of Bushwick. Offering an impressive 6% cap rate and low taxes, this is a rare opportunity to own a turnkey income-producing property with immediate cash flow and room for future value-add. Spanning 2,260 sq/ft with additional FAR potential, there’s an opportunity to expand all three floors or even add an extra floor. Each unit has been thoughtfully designed with premium finishes and modern comforts. The garden level features two bedrooms and two full bathrooms, including an en-suite bath, measuring 1,075 sq/ft with 8’5” ceilings and a 659 sq/ft private fenced backyard. The first floor also offers two bedrooms and two full bathrooms, including an en-suite bath, measuring 1,005 sq/ft with soaring 9’6” ceilings. The second floor is a convertible three-bedroom, two-bathroom unit, including an en-suite bath, measuring 1,005 sq/ft with 9’2” ceilings. All units feature open-concept layouts with high ceilings and recessed lighting, engineered hardwood floors with tall baseboards, and modern kitchens with quartz countertops, vented hoods, stainless steel appliances, and shaker cabinetry. Each apartment is also equipped with a vented in-unit washer and dryer. The cellar includes a brand-new mechanical room and offers potential for additional storage lockers and bike storage. The location is unbeatable, just two avenues from the J train at Halsey, providing a quick 20-minute commute to Manhattan. It’s also close to Irving Square Park and some of Bushwick’s best restaurants, including Roberta’s, Faro, Tong, and more. This property is fully occupied and will require 48 hours’ notice for showings. Contact us for the rent roll and pro forma.

Features & Amenities

Interior Features

Entrance Foyer Common On Floor In Unit Flooring: Hardwood

Exterior Features

Building Garden Garden Private Outdoor Space Over60 Sqft

Appliances

Dishwasher

Building Information

Total Units 3
Stories 3
Structure Townhouse

Financial Details

RE Taxes $4,488/yr ($374/mo)
Sale Price $1,900,000

Bushwick has emerged as Brooklyn's premier creative frontier, known for its world-class street art, eclectic nightlife, and industrial-chic vibe. The neighborhood offers a wide range of housing options, from converted warehouse lofts that appeal to artists and professionals to traditional multi-family townhouses. Recent years have seen a surge in boutique new construction condominiums, making it a top destination for those seeking a dynamic and evolving urban environment.

Bushwick Live Market Data

View Neighborhood

Active Listings

92

Median Asking Price

$968K

Median $/Sqft

$938

Avg Days on Market

N/A

New This Week

8

Price Reduced

20%

Sold (30 Days)

7

Median Sale Price

$854K

Live data from RLS at REBNY • Updated 3/23/26, 10:00 AM EST

Similar Listings in Bushwick

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Location

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1276 Hancock Street, Bushwick, Kings County

Floor Plans

Floor Plan
MLS® ID: RLS20010727
First Listed: 3/20/2025
On Market: 3/20/2025
Price Changed: 3/20/2025
Closed: 10/1/2025
Contract Date: 3/20/2025

Listing Courtesy of Sothebys International Realty - Tedy Ma

Listing Contact: (631) 889-6161

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.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 2:00 PM UTC

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