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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23359958
23359959

1333 Hancock St, Brooklyn, NY 11237

PM
10311207456
Matheos Realty Group
IT
10401321987, NY 10401321987
Matheos Realty Group
Listed by Matheos Realty Group
$1,300,000
391 days on market
Updated 118 days ago

1333 Hancock Street, Brooklyn, NY 11237

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,250
Units 6
Cap Rate 6.54%
NOI $85,074
Occupancy 100%
Price per SqFt $248
Broker Co-Op Yes
Year Built 1920
Year Renovated 2012
Buildings 1
Stories 3
Lot Size (SqFt) 2,500
Investment Type Stabilized

Multifamily | 6 Units | $216,667/unit

Marketing description

Introducing an exceptional investment opportunity in Bushwick, 1333 Hancock St, Brooklyn, NY 11237. This three-story property is 5,250 SF, featuring six units, 1 Free Market and 5 Rent Stabilized. The property generates an annual income of $124,280, with a Net Operating Income of $85,074. With a lot size of 25 FT x 100 FT, this well-maintained building presents a lucrative chance for investors looking to expand their portfolio in a thriving rental market.

Strategically located near the vibrant Irving and Knickerbocker cross streets, this property offers convenience and accessibility to transportation, dining, and entertainment options. Take advantage of this prime investment at 1333 Hancock St and secure your foothold in Brooklyn's dynamic real estate landscape.

Listing Contacts

PM
10311207456
Matheos Realty Group
IT
10401321987, NY 10401321987
Matheos Realty Group
Listed by Matheos Realty Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$85,074.00
$7,089.50/mo

Valuation Metrics

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DSCR
6.54%
Cap Rate
6.54%
ROI

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