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33335854
33335853

1094 Hancock Street, Brooklyn, NY 11221

DB
NY 10991237362
IPRG Investment Property Realty Group
BD
NY 10401299684
IPRG Investment Property Realty Group
IPRG Investment Property Realty Group
IPRG Investment Property Realty Group
Listed by IPRG Investment Property Realty Group
$1,750,000
0 days on market
Updated 0 days ago
Opportunity zone

1094 Hancock Street

Details
APN 03395-0035
Property Type Retail, Mixed Use
Sub Type Commercial
Square Footage 3,600
Units 5
NOI $14,955
Tenancy Vacant
Pro-Forma Cap Rate 9.93%
Pro-Forma NOI $173,733
Price per SqFt $486
Lot Size (SqFt) 2,000
Zoning R6
Investment Type Owner/User

Retail | 3,600 SqFt

Marketing description

Investment Property Realty Group (IPRG) has been exclusively retained to sell 1094 Hancock Street. The subject property is located on the corner of Evergreen Avenue and Hancock Street in Bushwick, Brooklyn.

The property offers four apartments and one store. The property is built 20 ft x 60 ft, offering approximately 3,600 square feet. 1094 Hancock Street sits on a 20 ft x 100 ft lot.

The property is located within walking distance to the J, L, M, & Z subway lines.

Investment highlights

  • 3 of 4 Residential Units will be Delivered Vacant
  • Store Delivered Vacant
  • All Residential Units are Free Market

Listing Contacts

DB
NY 10991237362
IPRG Investment Property Realty Group
BD
NY 10401299684
IPRG Investment Property Realty Group
IPRG Investment Property Realty Group
IPRG Investment Property Realty Group
Listed by IPRG Investment Property Realty Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$14,955.00
$1,246.25/mo

Valuation Metrics

0
DSCR
0.85%
Cap Rate
0.85%
ROI

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Additional Information

Name
Derek Bestreich
License
10991237362
Brokerage
Investment Property Realty Group
Title
Real Estate Broker
Brokerage Address
45 Broadway
Name
Brian Davila
License
10401299684
Brokerage
Investment Property Realty Group
Title
Real Estate Salesperson
Brokerage Address
45 Broadway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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