Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1207 HANCOCK Street

For Sale · Listing by Serhant

1207 HANCOCK Street

Bushwick, Brooklyn

$1,500,000

Interested in this property?
Active For Sale Multi Family

$1,500,000

$585 per sq ft

1207 HANCOCK Street

Bushwick, Brooklyn

MLS® #RLS20108803

RLS at REBNY

Listing by Serhant

5
Bedrooms
3
Baths
2,565
Sq. Ft.
1910
Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 2,565 sq ft
Lot Size 1,900 sq ft
Year Built 1910
Ownership None
Property Taxes $3,108/yr
Neighborhood Bushwick
Floor 1 of 1

Property Highlights

  • Views: Other
  • Outdoor Space: Patio
  • Climate Control: Other

Property Details

Type Multi Family
Ownership None
Total Rooms 13
Baths 3 Full
Floor 1 of 1
View Other
Cooling Other
Pets Yes
Year Built 1910
Living Area 2,565 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,900 sq ft
Parcel # 03390-0050
Block/Lot 03390/0050

Listing History

Event Date Price Change
Listed Aug 11, 2026 $1,500,000 -
Currently Aug 11, 2026 $1,500,000 -

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 classified as a three-family residence, but currently 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.

Features & Amenities

Interior Features

High Ceilings Smoke Free Storage Washer Hookup In Unit

Exterior Features

Garden Private Outdoor Space Over60 Sqft Patio

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units -1
Stories 1
Structure Townhouse

Financial Details

RE Taxes $3,108/yr ($259/mo)

Bushwick has emerged as Brooklyn's premier creative frontier, known for its world-class street art, eclectic nightlife, and industrial-chic vibe. The neighborhood offers a wide range of housing options, from converted warehouse lofts that appeal to artists and professionals to traditional multi-family townhouses. Recent years have seen a surge in boutique new construction condominiums, making it a top destination for those seeking a dynamic and evolving urban environment.

Bushwick Live Market Data

View Neighborhood

Active Listings

109

Median Asking Price

$925K

Median $/Sqft

$881

Avg Days on Market

N/A

New This Week

6

Price Reduced

25%

Sold (30 Days)

1

Median Sale Price

$825K

Live data from RLS at REBNY • Updated 8/11/26, 7:26 PM EST

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Location

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1207 HANCOCK Street, Bushwick, Kings County

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
2
Floors
3
Residential Units
R6
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $83,760
Land Value: $11,940
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,900 SF
Building Area: 2,565 SF
Built FAR: 1.35
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $3,108, or roughly $259 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms.

The listed interior living area is 2,565 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is None

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $1,500,000 for 2,565 sq ft, the asking price per square foot is approximately $585. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20108803
First Listed: 8/11/2026
On Market: 8/11/2026
Price Changed: 8/11/2026
Contract Date: 8/11/2026

Listing Courtesy of Serhant - Gabrielle Amanda Gilbert

Listing Contact: (347) 886-8362

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.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 8/11/2026 at 11:26 PM UTC

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Bushwick Market Update

1 sale last 30 days · $925K median · 109 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Bushwick Borough Brooklyn
County Kings
Floor 1 of 1
Year Built 1910
First Listed 8/11/2026
Living Area 2,565 sqft
Annual Tax $3,108

Monthly Costs Estimate

Down Payment 20%

$300,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $259
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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