Brooklyn, NY 11221,1223 Hancock St

$1,900,000

Est. payment /mo

$1,900,000

Est.Price: ?

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1223 Hancock St Brooklyn, NY 11221

2,000 Sqft Lot

SOLD DATE : 10/23/2020

Key Details

Sold Price $1,900,000

Property Type Multi-Family

Sub Type Multi-family

Listing Status Sold

Purchase Type For Sale

Subdivision Bushwick

MLS Listing ID OLRS-0076735

Sold Date 10/23/20

Year Built 1910

Annual Tax Amount $281

Lot Size 2,000 Sqft

Property Description

The perfect investment, 1031 exchange or primary residence with extra rental income.

Completely gut renovated legal 3 family building (like you've never seen in Bushwick). This 20 X 45 building sits on a 100 ft lot and offers 3 free market units fully occupied with excellent tenants. $114,000 rent roll. Solid 5% cap!

Having undergone a complete renovation by an experienced and top level craftsman, each unit features custom kitchens with corian counter tops, walnut details, custom cabinetry, paneled top-of-the-line Samsung appliances and a built in vented LG washer/dryer. White oak flooring throughout, brush painted solid core doors and Baldwin hardware complete the package. Central air conditioning system seamlessly melds into the soaring ceiling height.

With very low taxes and expenses, this multi family in booming Bushwick is a turn key investment.

Situated along a tranquil tree-lined section of Bushwick and a short distance to Irving Square Park and Bushwick Playground. Close proximity to mass transit with Halsey Street Station (L Train) and Myrtle-Wyckoff Avenue Station (L & M Train) nearby as well as Multiple NYC Buses (B13, B26, B52, B54, Q56, Q58).

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Location

State NY

County Brooklyn

Community Bushwick

Zoning R6

Rooms

Other Rooms LegalRoomsTotal: 10.00

Exterior

Garage No

Building

Story 2

Structure Type Walk-up

Others

Pets Allowed Yes

Pets Description Pets allowed

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