$1,499,000
1091 HANCOCK Street Brooklyn, NY 11221
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Listing Courtesy of Revived Residential
$1,499,000
Est. payment /mo
7 BD
4 BA
1,960 SqFt
Active
1091 HANCOCK Street Brooklyn, NY 11221
UPDATED:
11/18/2024 08:49 PM
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,960 sqft
Price per Sqft $764
Subdivision Bushwick
MLS Listing ID RPLU-1635523256499
Bedrooms 7
Full Baths 3
Half Baths 2
HOA Y/N No
Year Built 1997
Annual Tax Amount $5,988
Property 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.
Location
State NY
County Kings
Rooms
Basement Other
Interior
Cooling Wall Unit(s)
Fireplace No
Laundry In Unit
Exterior
Parking Features Assigned, Garage
Garage Spaces 1.0
Garage Description 1.0
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 1
New Construction No
Others
Ownership None
Monthly Total Fees $499
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by Coastal Property Advisors
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