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Sold for $1,650,000
  • $1,650,000

    1285 Hancock St, Brooklyn, NY 11221

    9beds
    3,300sqft
    MultiFamily
    Built in 1901
    -- sqft lot
    $1,803,000 Zestimate®
    $500/sqft
    $4,347 Estimated rent

    Home value

    $1,803,000

    $1.60M - $2.04M

    $4,347/mo

    Zestimate® history
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    $4,347/mo

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    Rent Zestimate®

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    $7,966/mo

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    $7,966/mo

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    What's special

    Huge and beautiful legal 3 family building . 1st fl - 3 bedrooms 2 bath 2nd fl - 3 bedrooms 2 bath 3rd fl - 3 bedrooms 2 bath Basement - shared. Storage. Laundry. Utilities. This 20 X 50 building sits on a 100 ft lot and offers 3 free market units fully occupied with excellent tenants. $110,400 rent roll. With room to grew the income Solid 5% cap. With very low taxes and expenses, this multi family in booming Bushwick is a turn key investment. Great upside is the zoning, you can build over 4800 sqft. Creat a 6 unit condo or rental in the future. Situated along a tranquil tree-lined section of Bushwick , probably the most beautiful block in Bushwick! Around the corner you have Irving Square Park and Bushwick Playground. Close proximity to mass transit with Halsey Street Station (L Train) and Myrtle-Wyckoff Avenue Station (L & M Train) nearby as well as Multiple NYC Buses (B13, B26, B52, B54, Q56, Q58). Property Taxes Tax class 1 Property tax $4,162 Property tax tentative $4,409 Lot Lot sqft 2,000 Lot dimensions 20 ft x 100 ft Ground elevation 60 ft Corner lot No Zoning Zoning districts R6 i Zoning map 13d Building Building class Three Families (C0) i Square feet 3,000 Building dimensions 20 ft x 50 ft

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    • Full bathrooms: 6
    Cooling
    • Central
    Appliances
    • Included: Dishwasher
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 3,300 sqft

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 2,000 sqft
    Details
    • Parcel number: 033910042

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1901

    Community & neighborhood

    Location
    • Region: Brooklyn

    Other

    Other facts
    • Bicycle Storage
    • Broker Exclusive
    • Cold Storage
    • No Fee
    • Terrace

    Price history

    DateEventPrice
    9/19/2024Sold$1,650,000-2.7%$500/sqft
    Source: Public Record Report a problem
    5/15/2024Listing removed$1,695,900$514/sqft
    Source: StreetEasy Report a problem
    5/7/2024Price change$1,695,900-2.8%$514/sqft
    Source: StreetEasy Report a problem
    3/30/2024Price change$1,745,000-5.7%$529/sqft
    Source: StreetEasy Report a problem
    3/17/2024Listed for sale$1,850,000-5.1%$561/sqft
    Source: StreetEasy Report a problem
    8/20/2023Listing removed--
    Source: StreetEasy Report a problem
    7/29/2023Price change$1,950,000+6.8%$591/sqft
    Source: StreetEasy Report a problem
    7/3/2023Price change$1,825,000-1.3%$553/sqft
    Source: StreetEasy Report a problem
    6/23/2023Price change$1,849,000+0.2%$560/sqft
    Source: StreetEasy Report a problem
    5/24/2023Price change$1,845,000-2.8%$559/sqft
    Source: StreetEasy Report a problem
    5/11/2023Price change$1,899,000-4.3%$575/sqft
    Source: StreetEasy Report a problem
    5/2/2023Listed for sale$1,985,000+6.1%$602/sqft
    Source: StreetEasy Report a problem
    8/17/2022Listing removed--
    Source: StreetEasy Report a problem
    7/4/2022Price change$1,870,000-1.6%$567/sqft
    Source: StreetEasy Report a problem
    6/17/2022Listed for sale$1,900,000+90.2%$576/sqft
    Source: StreetEasy Report a problem
    2/8/2021Listing removed--
    Source: StreetEasy Report a problem
    1/19/2021Listed for rent$2,795-5.3%$1/sqft
    Source: StreetEasy Report a problem
    8/18/2020Listing removed$2,950$1/sqft
    Source: Massada Home Sales Inc Report a problem
    8/16/2020Price change$2,950-1.3%$1/sqft
    Source: Massada Home Sales Inc Report a problem
    7/30/2020Listed for rent$2,990-0.3%$1/sqft
    Source: Massada Home Sales Inc Report a problem
    6/12/2018Listing removed$3,000$1/sqft
    Source: Massada Home Sales Inc Report a problem
    5/14/2018Listed for rent$3,000$1/sqft
    Source: Massada Home Sales Inc Report a problem
    2/27/2017Sold$999,000$303/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,350 -1.2%$71,820 -7.9%
    2024$4,403 $78,000 -5.8%
    2023-- $82,800 +16.6%
    2022-- $71,040 +24.9%
    2021-- $56,880 -8.4%
    2020$3,867 $62,100
    2019$3,867 +2.2%$62,100 +243.2%
    2018$3,785 +8.7%$18,093 +6%
    2017$3,481 +10.4%$17,076 +5.9%
    2016$3,153 $16,123 +5.9%
    2015$3,153 +62.3%$15,225
    2014$1,943 $15,225 +1%
    2013-- $15,078 +6%
    2012-- $14,230 +5.9%
    2011-- $13,436 +5.9%
    2010-- $12,688
    2009-- $12,688 +1%
    2008-- $12,565 +6%
    2007-- $11,859 +5.9%
    2006-- $11,197 +5.9%
    2005-- $10,574
    2004-- $10,574 +1%
    2003-- $10,471 +5.9%
    2002-- $9,883 +5.9%
    2001-- $9,331 +5.9%
    2000-- $8,812

    Find assessor info on the county website

    Neighborhood: Bushwick

    Nearby schools

    GreatSchools rating