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Listing Courtesy of Serhant
$ 1,500,000
Est. payment /mo
Open Sun 12PM-1PM
1207 HANCOCK Street Brooklyn, NY 11221
5 Beds
3 Baths
2,565 SqFt
Open House
Sat Aug 15, 1:00pm - 2:00pm
Sun Aug 16, 12:00pm - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,565 sqft
Price per Sqft $584
Subdivision Bushwick
MLS Listing ID RLS20108803
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1910
Annual Tax Amount $3,108
Property Sub-Type Multi Family
Property Description
1207 Hancock Street, Bushwick Live in it. Earn from it. Reimagine it. Welcome to 1207 Hancock Street, a versatile Bushwick townhouse offering approximately 2,565 interior square feet, five legal bedrooms, three full bathrooms, a substantial private backyard, a full unfinished basement, and a separate two bedroom upper residence previously rented for $3,350 per month. Set on an approximately 19 by 100 foot lot, this Brooklyn property presents a compelling opportunity for an end user, owner investor, multigenerational household, or investor looking for space, income potential, and long term flexibility. The home is presently configured as two residences with a spacious garden and parlor owner's duplex, a separate two-bedroom residence on the third floor, and a full unfinished basement. The garden level is designed for comfortable everyday living and entertaining, featuring a generously proportioned living room, dedicated dining area, kitchen, full bathroom, and laundry room. At the rear of the home, direct access leads to a large private backyard, creating an inviting extension of the living space with plenty of possibilities for outdoor dining, entertaining, gardening, play, or a private city retreat. The parlor level offers three legal bedrooms, another full bathroom, and additional flexible space that can function beautifully as a nursery, home office, dressing room, or additional living area. Together, the garden and parlor levels provide the space and separation that make townhouse living so desirable. Occupying the third floor is a separate two-bedroom residence complete with a living room, dining room, kitchen, full bathroom, and its own laundry. Previously rented for $3,350 per month, this residence offers meaningful income potential for an owner looking to offset the cost of ownership. It can also provide valuable separation for extended family, guests, or other permitted uses. The property will be delivered fully vacant with no tenants in place at closing, giving the next owner the flexibility to determine how the home best suits their needs, subject to applicable laws and permitted use. Below, a full unfinished basement provides substantial additional storage and utility space. The property also benefits from remarkably low 2026 to 2027 real estate taxes of approximately $3,105 annually, an especially attractive carrying cost for a Brooklyn townhouse of this size. For those thinking about the property's longer term potential, the R6 zoning may offer opportunities beyond the home's current configuration. Buyers interested in future expansion or development are encouraged to consult with their architect and other professionals to explore what may be possible. Located in Bushwick, Brooklyn, 1207 Hancock Street offers excellent access to neighborhood restaurants, cafés, shopping, parks, and everyday conveniences. The Wilson Avenue L train is approximately 0.4 mile away, providing convenient connectivity throughout Brooklyn and into Manhattan. Whether you're searching for a Bushwick townhouse, a Brooklyn multifamily property, an owner occupied investment, a home with rental income, or simply more space and flexibility, 1207 Hancock Street offers a compelling combination of generous living space, income potential, private outdoor living, vacant delivery, and long term opportunity. One property. Multiple possibilities. All square footage, lot dimensions, taxes, zoning, FAR, development potential, rental history, and property information are approximate and should be independently verified by the purchaser and the purchaser's professionals. No representation is made regarding future rental income, development rights, or permissible use. All showings are by appointment only.
Location
State NY
County Kings
Rooms
Basement Other
Interior
Interior Features High Ceilings, Smoke Free, Storage
Cooling Other
Fireplace No
Appliance Washer Dryer Allowed
Laundry Washer Hookup, In Unit
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
Pool Building None
View Y/N No
View Other
Porch Patio
Private Pool Yes
Building
Dwelling Type Townhouse
Story 1
New Construction No
Others
Pets Allowed Pets Allowed
Tax ID 03390-0050
Ownership None
Monthly Total Fees $259
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by Elegran