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Stunning Two-Family Brownstone at 460a Hancock Street

Stunning Two-Family Brownstone at 460a Hancock Street
FOR SALE

$2,149,000

460a Hancock Street, Brooklyn, NY 11233

3,002 SF

Square Feet

$716

PPSF

2

Units

1.0M

PPU

4.30%

CAP

Property Description

Units

2 — PPU: 1.0M

NOI

$92,407

Cap Rate

4.30%

Welcome to this stunning brownstone two-family home located in the heart of Bedford-Stuyvesant. This impeccably maintained property boasts 6 bedrooms, 4 bathrooms, and a generous 3600 square feet of living space. The interior features elegant finishes, high ceilings, and an abundance of natural light throughout. The first unit offers a spacious living room, modern kitchen, and three bedrooms including a master suite. The second unit features a similar layout with two additional bedrooms and a beautifully updated kitchen. There is a semi finished basement that can be converted into a game room, office space and much more. Outside, you'll find a charming backyard oasis perfect for outdoor entertaining or relaxing in the sun. This home is truly a rare find in a prime location, offering convenient access to transportation, shopping, dining, and all that the vibrant Bedford-Stuyvesant neighborhood has to offer.


Property Details

Asset Type

MultiFamily

Year Built

1899

Zoning

R6B

Lot Size

1,641 SF

Neighborhood

Bedstuy

Submarket

Brooklyn

ZIP

11233

Renovated

2024

Listing Type

sale

Net Operating Income (NOI)

$146,604

Debt Service Coverage Ratio (DSCR)

1.20x

Cap Rate

6.82%

Cash Flow (Annual)

$24,356

Cash-on-Cash Return

4.53%

Monthly Debt Service

$10,187

Annual Debt Service

$122,248

View on Map

Address

460a Hancock Street

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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

Nina Sabag

Nina Sabag

Corporate Broker

22 closed

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Nina Sabag

Nina Sabag

Corporate Broker

22 closed

Call