$1,499,000

1091 Hancock St Brooklyn, NY 11221

$10,000
Closing credit¹
7 beds
3 full, 2 partial
1,960 sqft
$765 / sqft
Multi-Family

Property details

About 1091 Hancock St

Are you an end user of developer looking for an investment opportunity in Bushwick? If so, welcome to Hancock Street which is situated in the heart of Bushwick! This impressive townhouse boasts over 2500 total square feet of living space, offering ample room for those who crave space and flexibility. Featuring a total of 10 rooms, which include 7 comfortable bedrooms and 5 total bathrooms, this property is perfect for an end user looking to live and collect rent to subsidize the mortgage. Starting from the bottom up, the first floor consists of another 2-bedroom, 1.5 bathroom apartment which is also occupied. The top floor consists of a 3-bedroom 1.5-bathroom apartment that is vacant and recently updated. The property's private outdoor space is plentiful and stretches from the front all the way around back were you'll find a huge backyard. This property is also a great play for a developer as the subject is located within the R6 zoning district. This district currently holds a 2.43 as-of-right FAR, allowing for a total buildable square footage of approximately 6,000 SF. Therefore, a developer could build a new 8-unit rental or condominium building in the heart of Bushwick, making this an outstanding investment opportunity. Bushwick is renowned for its vibrant arts scene and eclectic mix of local flavors. From captivating street art to chic dining spots, the neighborhood buzzes with energy and creativity. You're just a short stroll from coffee shops, bakeries, and unique boutiques, ensuring you'll never run out of adventures close to home. One of the best features of this property is its connectivity. With convenient access to nearby subways, commuting to NYC or exploring the broader Brooklyn area is a breeze. The L and J trains make your experience of the city seamless and enjoyable. Don't miss the opportunity to own or develop this prime Bushwick property.

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
CoolingWall Unit(s)
Size1,960 sqft
BasementYes
Year built1997
Parking2 Spaces, Carport
MLS #487456
Garage2 spaces
FireplaceStove

Summary

  • MLS Number: 487456
  • Office Name: Revived Residential

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Last updated on: 2/28/2025, 4:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,499,000

1091 Hancock St

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$54,120$5,994
2023$66,420$5,994
2021$58,980$11,618
2019$58,920$5,512
2018$24,873$4,277
2017$24,382$3,696

History based on county public records data.

Nearby schools

3

P.S. 299 Thomas Warren Field School

Public District KG-5

0.2 mi

88 Woodbine St

5

P.S./I.S. 045 Horace E. Greene

Public District KG-5

0.3 mi

84 Schaefer St

2

P.S. 106 Edward Everett Hale School

Public District PK-5

0.3 mi

1328 Putnam Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,769. Residents of Brooklyn, NY typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

45%
<35k
46%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
25%
Single, with Kids
9%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
10%
12-17 yrs old
31%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1091 Hancock St in Brooklyn, NY and zip code 11221 in the Bushwick neighborhood. This 1,960 square foot home was built in 1997. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $1,499,000.

While more than 31 listings in Brooklyn, NY in January 2025 were sold above asking price, there were more than 254 listings sold at asking price, and more than 154 were sold below. Between December and January 2025, Brooklyn, NY real estate market has seen decrease in the number of listings by 4.4%. In January 2025 median list price was $991,265 and the average listing age was 93 days.

From Rocket Homes Real Estate and based on county public records data.

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