10-Family Building Listed at 155 Hancock Street Brooklyn
FOR SALE
$1,950,002
155 Hancock Street, Brooklyn, NY 11216
4,500 SF
Square Feet
$433
PPSF
10
Units
100.0K
PPU
6.70%
CAP
Property Description
Units
10 — PPU: 100.0K
NOI
$130,650
Cap Rate
6.70%
Welcome to 155 Hancock Street, a remarkable 10-family building located in the heart of Bedford-Stuyvesant, Brooklyn. This impressive property offers a total of 10 units, consisting of 5 one-bedroom apartments and 5 two-bedroom apartments, providing a diverse range of living options for residents. Each unit within this well-maintained building is thoughtfully designed to maximize comfort and functionality. The one-bedroom apartments offer a cozy and intimate living space, perfect for individuals or couples seeking a comfortable retreat. The two-bedroom apartments provide ample room for families or those desiring additional space for a home office or guest room. The building features modern amenities and finishes, ensuring a high standard of living for its residents. Each unit is equipped with contemporary appliances, stylish fixtures, and ample storage space. The open and airy layout of the apartments creates a welcoming atmosphere, while large windows allow for an abundance of natural light to fill the space. 155 Hancock Street is ideally situated in the vibrant neighborhood of Bedford-Stuyvesant, offering a plethora of amenities and conveniences right at your doorstep. From trendy cafes and restaurants to local boutiques and parks, residents will enjoy the best of Brooklyn living. Additionally, the building's proximity to public transportation provides easy access to the rest of the city, making commuting a breeze. Whether you're an investor looking for a lucrative opportunity or a tenant seeking a comfortable and convenient place to call home, 155 Hancock Street offers the perfect solution.
Property Details
Asset Type
MultiFamily
Year Built
1900
Zoning
R6A
Lot Size
2,000 SF
Neighborhood
Bedstuy
Submarket
Brooklyn
ZIP
11216
Renovated
2021
Listing Type
sale
30 years
10 years
Net Operating Income (NOI)
$207,277
Debt Service Coverage Ratio (DSCR)
1.87x
Cap Rate
10.63%
Cash Flow (Annual)
$96,349
Cash-on-Cash Return
19.76%
Monthly Debt Service
$9,244
Annual Debt Service
$110,928
View on Map
Address
155 Hancock Street
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Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.