$1,900,000

1276 Hancock St New York City, NY 11221

$10,000
Closing credit¹
6 beds
6 full
4,135 sqft
$459 / sqft
Multi-Family

Property details

About 1276 Hancock St

6% CAP RATE – Prime Bushwick Investment with Strong Cash Flow from Day One! Welcome to 1276 Hancock Street, a gut-renovated three-family townhouse on a deep 20' × 100' lot between Knickerbocker and Wilson Avenues in the heart of Bushwick. Offering an impressive 6% cap rate and low taxes, this is a rare opportunity to own a turnkey income-producing property with immediate cash flow and room for future value-add. Spanning 2,260 sq/ft with additional FAR potential, there’s an opportunity to expand all three floors or even add an extra floor. Each unit has been thoughtfully designed with premium finishes and modern comforts. The garden level features two bedrooms and two full bathrooms, including an en-suite bath, measuring 1,075 sq/ft with 8’5” ceilings and a 659 sq/ft private fenced backyard. The first floor also offers two bedrooms and two full bathrooms, including an en-suite bath, measuring 1,005 sq/ft with soaring 9’6” ceilings. The second floor is a convertible three-bedroom, two-bathroom unit, including an en-suite bath, measuring 1,005 sq/ft with 9’2” ceilings. All units feature open-concept layouts with high ceilings and recessed lighting, engineered hardwood floors with tall baseboards, and modern kitchens with quartz countertops, vented hoods, stainless steel appliances, and shaker cabinetry. Each apartment is also equipped with a vented in-unit washer and dryer. The cellar includes a brand-new mechanical room and offers potential for additional storage lockers and bike storage. The location is unbeatable, just two avenues from the J train at Halsey, providing a quick 20-minute commute to Manhattan. It’s also close to Irving Square Park and some of Bushwick’s best restaurants, including Roberta’s, Faro, Tong, and more. This property is fully occupied and will require 48 hours’ notice for showings. Contact us for the rent roll and pro forma.

Highlights

Home typeMulti Family
StatusActive
Size4,135 sqft
Year built1899
MLS #RLS20010727
ViewCity

Summary

  • MLS Number: RLS20010727
  • MLS Name: RLS
  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Tedy Ma
  • Agent Phone: (631) 889-6161

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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Last updated on: 4/6/2025, 9:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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floor plan

$1,900,000

1276 Hancock St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

5

P.S. 151 Lyndon B. Johnson School

Public District PK-5

0.1 mi

763 Knickerbocker Ave

2

P.S. 106 Edward Everett Hale School

Public District PK-5

0.2 mi

1328 Putnam Ave

2

P.S. 377 Alejandrina B. De Gautier School

Public District PK-5

0.3 mi

200 Woodbine St

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 $34,641. Most New York City, NY residents have annual incomes less than $<35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

51%
<35k
40%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

37%
Single, No Kids
31%
Single, with Kids
13%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
29%
18-34 yrs old
36%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 1276 Hancock St in New York City, NY and zip code 11221 in the Bushwick neighborhood. This 4,135 square foot home was built in 1899. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $1,900,000.

Over 180 listings were sold over their listed price in March 2025 in New York City, NY. In the same period over 693 listings were sold below the listed price and 763 listings were sold for the listed price. The number of listings in New York City, NY increased by 5.1% between February and March 2025. Listings spent 143 days on the market in March 2025, and had a median list price of $869,492 during the same period.

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

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