898 Hancock St - Apartments FOR SALE


Brooklyn, NY 11233- Bedford-Stuyvesant
$2,600,000 USD
718-475-4382
898 Hancock St, Brooklyn, NY for Sale
$2,600,000 USD
Apartments - FOR SALE
1/32
null | Request Cap Rate

898 Hancock St
Brooklyn, NY 11233
Bedford-Stuyvesant


OVERVIEW

898 Hancock Street is a fully vacant, 26.67’ wide, legal four-family building in Brooklyn with a Certificate of Occupancy issued in 2005, eliminating the uncertainty that often comes with older properties. Delivered completely empty, the building offers immediate control and flexibility from day one — no tenant buyouts, no regulatory complications, just a clean slate. The property spans an enormous 6,110 square feet plus a 2,000 SF garden floor with 7’ ceilings, making it ideally suited for a condominium conversion or full-scale renovation, with enough depth and square footage to create oversized residences that stand out. For investors and developers, this is a rare opportunity to work with strong fundamentals already in place. Located near the J and Z trains, the building benefits from direct access to Manhattan while remaining positioned in a neighborhood where renovated product continues to command strong demand. For buyers seeking a large, legally configured, vacant building with true upside, 898 Hancock Street is just that.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$426 USD /SF

# OF UNITS

4

PRICE/UNIT

$650,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2005

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6, Brooklyn, (C2)

APN/PARCEL ID

01491-0016

ASK ABOUT THIS PROPERTY

Shaun RineyMarcus & MillichapMore Info
718-475-4382

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Shaun RineyMarcus & MillichapMore Info
718-475-4382

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