1 month on rocket

1091 Hancock St, New York City, NY, 11221

$1,499,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
3 Full Baths, 2 Partial
1,960 SqFt
$765/SqFt
Townhouse

Location

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1091 Hancock St, New York$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAssigned, Garage
Garage1 space
Year Built1997
CoolingWall Unit(s)
ViewOther
MLS #RPLU-1635523256499
StatusActive

About 1091 Hancock St

<p>Are you an end user of developer looking for an investment opportunity in Bushwick? If so, welcome to 1091 Hancock Street which is situated in the heart of the bustling Bushwick neighborhood! This impressive townhouse boasts over 2500 total square feet of living space, offering ample room for those who crave space and flexibility. Featuring a total of 10 rooms, which include 7 comfortable bedrooms and 3 bathrooms, this property is perfect for an end user looking to live and collect rent to subsidize the mortgage. Starting from the bottom up, the basement consists of a 2 bedroom, 1 bathroom apartment which is currently occupied. The first floor consists of another 2 bedroom, 1 bathroom apartment which is also occupied . The top floor consists of a 3 bedroom 1.5 bathroom apartment that is vacant and recently updated. The property's private outdoor space is plentiful and stretches from the front all the way around back were you'll find a huge backyard. </p> <p> <strong></strong>This property is also a great play for a developer as the subject is located within the R6 zoning district. This district currently holds a 2.43 as-of-right FAR; allowing for a total buildable square footage of approximately 6,000 SF. Therefore, a developer could build a new 8-unit rental or condominium building in the heart of Bushwick; making this an outstanding investment opportunity.</p> <p>Bushwick is renowned for its vibrant arts scene and eclectic mix of local flavors. From captivating street art to chic dining spots, the neighborhood buzzes with energy and creativity. You're just a short stroll from an array of coffee shops, bakeries, and unique boutiques, ensuring you'll never run out of exciting adventures close to home. One of the standout features of this property is its excellent connectivity. With convenient access to nearby subway lines, commuting to Manhattan or exploring the broader Brooklyn area is a breeze. The L and J trains make your experience of the city seamless and enjoyable. Don't miss the opportunity to own or develop this prime Bushwick property. </p>

Property Details

Property Features

Property Information:

  • Year Built: 1997
  • Living Area: 1,960 SqFt

Listing Office:

  • Office Name: Revived Residential
  • Office Phone: (929) 469-5800
  • Listing Agent: Gregory Valvo
  • Agent Phone: (718) 795-6263

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • View: Other

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Garage

Utilities

Utilities Information:

  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
  • Price Per SqFt: $765/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

1091 Hancock St vs New York

33 DAYS ON ROCKET

-52 Days

$1,499,000

+$648.8K More

$765/SqFt

+$97 More

KEY TAKEAWAY

This property is $648.8K more than the Median Sold Price and $97/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-1635523256499

Listing Office:

  • Office Name: Revived Residential
  • Office Phone: (929) 469-5800
  • Listing Agent: Gregory Valvo
  • Agent Phone: (718) 795-6263

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

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.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/22/2024, 10:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-943599
3
/10
  • P.S. 299 Thomas Warren Field School

  • 88 Woodbine St

  • 0.21 miles

  • Public District Grades KG-5

school-card-donut-943600
5
/10
  • P.S./I.S. 045 Horace E. Greene

  • 84 Schaefer St

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-943601
2
/10
  • P.S. 106 Edward Everett Hale School

  • 1328 Putnam Ave

  • 0.30 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,769. Typical income of New York, NY residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1091 Hancock St

What is the listing price of this property?

The listing price of 1091 Hancock St property is $1,499,000.

What type of property is this?

The property 1091 Hancock St is a townhouse located in New York City, New York, 11221.

Is this property for sale now?

Active Listing: 1091 Hancock St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1091 Hancock St has 7 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 1091 Hancock St is 1,960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1091 Hancock St is 1997.

Rocket HomesNew YorkKings CountyNew York112211091 Hancock St

This home is located at 1091 Hancock St in New York City, NY and zip code 11221 in the Bushwick neighborhood. This 1,960 square foot home was built in 1997. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $1,499,000.

Over 220 listings were sold over their listed price in November 2024 in New York, NY. In the same period over 758 listings were sold below the listed price and 769 listings were sold for the listed price. The inventory of homes for sale in New York, NY between October 2024 and November 2024 decreased by 7.2%. In November 2024 median list price was $850,115 and the average listing age was 85 days.

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

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