1404 Hancock Street

This versatile, classic brick townhouse is turn key from top to bottom. Along with its wonderful pre-war details and modern finishes, it sets up easily as a two family or single family residence. This house is perfect to live in while the rent off sets your costs or keep it as a pure investment and enjoy $78,000 of rental income per year and only costs about $8800 per year to run. Tenants are happy to stay (all have 700+ credit score) or can happily vacate in time for closing (30 day notice). The are some of the nicest tenants I’ve ever met. Neighboring buildings have added two full floors to similar houses. I do believe an additional 2660 sqft can be built on top of the existing. Please consult your architect. Located on arguably one the prettiest blocks in the neighborhood with rare prewar details (not over done) throughout. The modern kitchens and baths blend well with the overall aesthetic and have been updated on every floor. If you are looking for a single family, this layout is great as it is. There is plenty of space for two offices plus three or four bedrooms. The finished basement make for a great play room, music room, gym etc. We have put together a few different alternative layouts, that with minimal construction work, the house opens up some even better options. You are surrounded by a host of trendy bars, delicious artisanal restaurants, and coffee shops. There’s L'imprimerie, Café Pro Industry 1332, Brooklyn Barista, Bridge and Tunnel Brewery, Nowadays, and Father Knows Best just to name a few. Just 5 mins to the L train Halsey street stop (2 blocks) or 8 mins to the M train Myrtle Wyckoff Ave stop (6 blocks) , for an easy commute to Midtown or Downtown. Rent roll provided by request. Stats: Building is 20x55 on a 20x100 ft lot Gross Sqft. : Basement: 1200 Parlor floor: 1200 Second floor: 1200 Total gross: 3600 Exterior Sqft.: Front: 335 Garden: 595 Total exterior: 930