619-25 Hancock St | Brooklyn, NY 11233
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- LoopNet Team
619-25 Hancock St
Brooklyn, NY 11233
Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- Eight Free Market Apartment Units over 6,000 SF Day Care Center
- Fully Cash Flowing Asset with No Deferred Maintenance
- Assumable Agency Financing at 4.51% Rate Locked Through 1/1/2026
- Highly Desirable 2B Protected Tax Class
- Immediate Upside within the Below Market Rent Roll with additional Income Growth Potential through Capital Improvements
- Within a 10 minute walk from the Utica Ave A and C Subway Train Stop
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 15,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1921 |
| Building Class | C | ||
| Zoning | R6B | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 15,000 SF |
| No. Stories | 2 |
| Year Built | 1921 |
| Zoning | R6B |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+1 | 6 | - | 925 |
| 5+2 | 2 | - | 1,325 |
PROPERTY TAXES
| Parcel Number | 01656-0052 | Improvements Assessment | $1,008,900 |
| Land Assessment | $368,100 | Total Assessment | $1,377,000 |
PROPERTY TAXES
Parcel Number
01656-0052
Land Assessment
$368,100
Improvements Assessment
$1,008,900
Total Assessment
$1,377,000
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