870 Hancock St - Apartments FOR SALE


Brooklyn, NY 11233- Bedford-Stuyvesant
$2,150,000 USD
718-360-2993
870 Hancock St, Brooklyn, NY for Sale
$2,150,000 USD
Apartments - FOR SALE
1/16
null | 5.78% Cap Rate

870 Hancock St
Brooklyn, NY 11233
Bedford-Stuyvesant


HIGHLIGHTS

  • All Units are Free Market
  • All of the Five Units are Renovated/Updated
  • One Unit has Private Backyard and W/D in Unit

OVERVIEW

Investment Property Realty Group (IPRG) has been exclusively retained to sell 870 Hancock St, a fully renovated 5-unit brownstone located in the Bedford-Stuyvesant section of Brooklyn. The property features one spacious 3-bedroom ground-floor unit, complete with an in-unit washer and dryer and exclusive access to a private backyard. The remaining four units are well-appointed 1-bedroom apartments. The building measures 18 x 55 feet, totaling 2,970 square feet. The building operates as a free-market property and benefits from a protected Tax Class 2A status with annual taxes of $5,302. Conveniently situated just one block from the Halsey J train station, the property provides excellent access to public transportation.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$724 USD /SF

# OF UNITS

5

PRICE/UNIT

$430,000

CAP RATE

5.78%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,350 SF

ZONING

R6B

APN/PARCEL ID

01490-0040

ASK ABOUT THIS PROPERTY

Steve ReynoldsInvestment Property Realty GroupMore Info
718-360-2993

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Steve ReynoldsInvestment Property Realty GroupMore Info
718-360-2993

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.