SOLD FOR $1,499,000
· Sold at asking price · Closed January 6, 2020
$1,499,000
$566 per sq ft
1276 Hancock Street
MLS® #RLS10580147
Listing by Compass
4
Bedrooms
3
Baths
2,650
Sq. Ft.
1899
Year Built
Sale Details
Property Summary
Description
Tremendous opportunity to transform this historic townhouse into the primary home of your dreams and/or an investment of a potential 6% CAP in a flourishing section of Bushwick, Brooklyn. Built in 1899, this three-family brownstone is ideally situated along a tranquil tree-lined section of Bushwick and a short distance to Irving Square Park and Bushwick Playground. Close proximity to mass transit with Halsey Street Station (L Train) and Myrtle-Wyckoff Avenue Station (L & M Train) nearby as well as Multiple NYC Buses (B13, B26, B52, B54, Q56, Q58). The property is priced significantly lower than comparable properties in the area to allow the new owner to develop the property into an incredible home, as well as an income producing opportunity. Low annual taxes of $3,898.00, coupled with the opportunity for high disposable income from the local booming rental market. Current property size is 2,650 Square Feet (Three Floors plus Basement) on a 2,000 Square feet lot (20 Feet by 100 Feet). Unused FAR and Additional air rights available with the property! Currently occupied by the owner, the property will be delivered vacant.
Property Details
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Listing courtesy of Michael Park at Compass. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.