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1066 Hancock St
Brooklyn, NY 11221 Bushwick

$1,995,000 USD

Apartments For Sale  •  2,880 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,880 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1915
  • Zoning R6
100 Transit Score
100 Walk Score

Highlights

Fully Renovated: The building underwent a full gut renovation in 2019, with all new floors, windows, and high end finishes throughout.
Fully Free Market: The property has no history of rent regulation.
Owner User Opportunity: Finishes, garden access, neighborhood, and transit oriented location make this an ideal candidate for an owner/user/investor.
Investment Opportunity: Fully occupied and cashflowing on 12 month leases.
Cashflow + Upside: Currently grossing $148K / year, with natural upside as Bushwick continues to appreciate.
Highly Efficient: Each renovated unit is responsible for their own utilities.

Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Washer/Dryer
  • Hardwood Floors

Public Transportation

Commuter RailDriveWalkDistance
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 8 min - 2.1 mi
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 10 min - 2.4 mi
Transit/SubwayDriveWalkDistance
Chauncey Street (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 2 min 9 min 0.5 mi
Gates Avenue (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
Bushwick Avenue-Aberdeen Street (L - New York MTA Subway (The Subway)) 3 min 14 min 0.8 mi
Halsey Street (J Line) (J - New York MTA Subway (The Subway)) 3 min 15 min 0.8 mi
Wilson Avenue (L - New York MTA Subway (The Subway)) 5 min 15 min 0.8 mi
AirportDriveWalkDistance
John F Kennedy International 20 min - 8.4 mi
LaGuardia 20 min - 8.8 mi
Newark Liberty International 38 min - 18.7 mi
DJ Johnston 914-584-7422 Matthews Real Estate Investment Services
DJ Johnston 914-584-7422 Matthews Real Estate Investment Services