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
30 years
10 years
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.