NY > Brooklyn > Bushwick
Brooklyn, NY 11221,1276 Hancock Street
Brooklyn, NY 11221,1276 Hancock Street
Brooklyn, NY 11221,1276 Hancock Street
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Listing Courtesy of Sothebys International Realty
$1,900,000
Est. payment /mo
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6 Beds
6 Baths
4,135 SqFt
Pending

1276 Hancock Street Brooklyn, NY 11221

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,135 sqft

Price per Sqft $459

Subdivision Bushwick

MLS Listing ID RLS20010727

Bedrooms 6

HOA Y/N Yes

Year Built 1899

Annual Tax Amount $4,488

Property Sub-Type Multi Family

Property 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.

Location

State NY

County Kings

Interior

Interior Features Entrance Foyer

Flooring Hardwood

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher

Laundry Common On Floor, In Unit

Exterior

Exterior Feature Building Garden, Garden, Private Outdoor Space Over 60 Sqft

View Y/N Yes

View City

Present Use Investment

Private Pool No

Building

Dwelling Type Townhouse

Story 3

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $374

Pets Allowed Building Yes, Yes

REBNY IDX
RLS Data display by Manhattan Miami Real Estate

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agent

Anthony Guerriero

Broker

+1(646) 376-8752

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1276 Hancock Street

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