SOLD FOR $2,450,000
· Sold at asking price · Closed February 7, 2022
$2,450,000
$561 per sq ft
1363 Hancock Street
MLS® #RLS10759545
Listing by Compass
7
Bedrooms
8
Baths
4,368
Sq. Ft.
1901
Year Built
Sale Details
Property Summary
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.
Property Details
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Listing courtesy of Farbod Yarahmadi 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.