SOLD FOR $1,400,000
· Sold at asking price · Closed May 19, 2025
$1,400,000
$714 per sq ft
1091 HANCOCK Street
MLS® #RLS11020981
Listing by Revived Residential
7
Bedrooms
4.5
Baths
1,960
Sq. Ft.
1997
Year Built
Sale Details
Property Summary
Description
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.
Property Details
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Listing courtesy of Gregory Valvo at Revived Residential. 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.