Property Details

Overview

Exceptional Brownstone Opportunity on Hancock Street** Introducing a unique investment opportunity nestled on the picturesque Hancock Street in prime Bed-Stuy. This meticulously maintained three-family brownstone boasts timeless charm and modern convenience, perfect for both investors and homeowners. The property features a spacious duplex and two floor-through apartments. The duplex spans the parlor and second floors, offering two expansive bedrooms, a stunning spiral staircase, and generous living spaces. The ground floor is currently an open space, ideal for guests but easily convertible into a guest suite or additional rental unit, potentially netting an additional $3, 300 monthly. The garden apartment is a cozy one-bedroom with direct access to a serene garden, perfect for those seeking a peaceful retreat. The top-floor apartment comprises two bedrooms and generates approximately $3, 300 monthly, contributing to a substantial rental income. This 20-foot-wide brownstone extends over 45 feet deep, providing ample living space and access to a private backyard. The property retains many original details, evoking the elegance of its turn-of-the-century origins, while offering modern comforts. Located just a short distance from the express stop at Nostrand Avenue for the A and C trains, as well as the Long Island Railroad at Atlantic and Nostrand Avenue, commuting is a breeze. The area is rich in amenities, including shopping centers, parks, and the YMCA pool at Bedford. A nearby library at the corner of Franklin and Hancock further enhances the neighborhood’s appeal.