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1323 Hancock Street - Availability Details

1323 Hancock Street, Brooklyn, NY 11237

  • For Sale $1,295,000 | $251 per SF | 6% CAP
  • City Brooklyn
  • Neighborhood Bushwick
  • Zip Code 11237
  • Market Brooklyn
  • Property Type Multi-Family
  • Property Size 5,250 Sqft
  • Lot Size 0.06 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1907
  • Date Updated 15 Jun, 2021
Located on the northwest side of Hancock Street between Irving and Knickerbocker Avenues.
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Location

  • City Brooklyn, NY
  • Neighborhood Bushwick
  • Zip Code 11237
  • Market Brooklyn

Contacts

broker

DJ Johnston

B6 REAL ESTATE ADVISORS

(646) 933-2619

Highlights

  • As Tax Class 2A, the building is protected from egregious tax increases. An opinion letter from a tax attorney can be provided upon request.
  • Building comprises of six (6) 2-bedroom units through three stories.
  • Located within four blocks to L train at Halsey Street station on Wyckoff Avenue, providing convenient access to Williamsburg and Manhattan within 20 minutes.
  • Building benefits from a live-in super and two vacancies, allowing for immediate value-add opportunity.
  • The building is 77’ feet deep offering massive 2 BR units. Value-add potential through renovation or reconfiguration of layouts.
  • The property also benefits from close proximity to many of Bushwick’s already flourishing art galleries, night life, and dining options

Attachments

Contact Listing Broker

broker

DJ Johnston

B6 REAL ESTATE ADVISORS

(646) 933-2619

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