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Executive Summary

898 Hancock Street is a fully vacant, 26.67’ wide, legal four-family building in Brooklyn with a Certificate of Occupancy issued in 2005, eliminating the uncertainty that often
comes with older properties. Delivered completely empty, the building offers immediate control and flexibility from day one — no tenant buyouts, no regulatory complications,
just a clean slate.

The property spans an enormous 6,110 square feet plus a 2,000 SF garden floor with 7’ ceilings, making it ideally suited for a condominium conversion or full-scale renovation, with enough depth and square footage to create oversized residences that stand out. For investors and developers, this is a rare opportunity to work with strong
fundamentals already in place.

Located near the J and Z trains, the building benefits from direct access to Manhattan while remaining positioned in a neighborhood where renovated product continues to
command strong demand. For buyers seeking a large, legally configured, vacant building with true upside, 898 Hancock Street is just that.

Property Facts

Price $2,600,000
Price Per Unit $650,000
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 6,110 SF
No. Stories 3
Year Built 2005
Zoning R6, Brooklyn, (C2) - R6 is a medium-density residential zoning district.

Amenities

Unit Amenities

  • Air Conditioning
  • Wheelchair Accessible (Rooms)

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 - -
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
01491-0016
Land Assessment
$6,750
Improvements Assessment
$749,700
Total Assessment
$756,450
  • Listing ID: 40408143

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 898 Hancock St, Brooklyn, NY 11233

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