Farbod Yarahmadi

Licensed Real Estate Salesperson

He closely follows real estate trends to assist his clients in making highly informed and fiscally responsible decisions.

1363 Hancock St

*** CALLING ALL INVESTORS *** 6-Family unit Investment Property over 7% CAP RATE projected!! New Construction, Free Market Annual Property tax of $12,912. Projected rental income of $187,200 1363 Hancock Street is a 6 family building, fully gut renovated with an extension and converted from a 2 family residence. Located in the Bushwick section of Brooklyn. This 6-unit multi-family building has 4,368 square feet of space and sits on a 2,000 square foot lot. Delivered VACANT and ready to lease. - 1st floor includes a 2 bed/ 2 bath with garden unit - 3 one-bedroom apartments on the 2nd & 3rd floors. - 1 studio on the 2nd floor - 4th floor Penthouse is a 2 bed/2 bath with front and rear terraces. All utilities are separately metered. Recent top of the line gut renovation and extension. - 1st and 4th floors have a private washer/dryer - while 2nd & 3rd floors have shared washer/dryer. This building also features central A/C throughout with new electric, plumbing and sprinkler systems. Property will be delivered vacant. Easy access to public transportation with the L and M trains nearby. Short distance to the BQE, Brooklyn and Manhattan bridges, Jackie Robinson Parkway and the Van Wyck Expressway.

Features & Amenities

Interior

Total Bedrooms 7
Total Bathrooms 8
Full Bathrooms 8

Exterior

Stories 3
Other Exterior Features Balcony

Area & Lot

Status Active Under Contract
LIVING SPACE 4,368 Sq.Ft.
MLS ID OLRS-0074393
Type RESIDENTIAL
Year Built 1901
Architecture Styles Prewar
View Description City

Financial

SALES PRICE $2,595,000
Zoning R6

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