Welcome to an Opportunity to Buy Well.
236 Hancock Street represents a rare acquisition for the discerning investor, situated in the vibrant heart of Bedford-Stuyvesant. This offering combines a stable, fully occupied rent-stabilized multifamily building with an adjacent development parcel, a pairing that defines exceptional rarity in today's market. The architecture… Read More delivers character and prestige, anchoring this asset in one of Brooklyn's most sought-after residential corridors.
The additional land creates a sprawling combined footprint, offering future flexibility that is nearly impossible to find in this prime location. Whether you maintain the existing income stream or pursue expansion and redevelopment, this asset offers a unique foothold in a high-barrier-to-entry market. Opportunities to acquire an income-producing building with additional land in this location are exceptionally limited.
Property Information
Asking Price: $2,395,000
Units: Seven (7) Legal Residential Apartments
Occupancy: Fully Occupied
Building Size: Approximately 2,880 Square Feet
Combined Lot Size: Approximately 4,560 Square Feet
Building Dimensions: 24' × 60'
Lot Dimensions: Approximately 38' × 120'
Stories: Four
Year Built: 1931
Zoning: R6B
Block: 1839
Lot: 5
Annual Real Estate Taxes: $24,051
Adjacent Development Parcel: Included in Sale
Financial information, rent roll, and due diligence materials are available upon request. Read Less
Listing Courtesy of: KEITH E FRAZIER, Compass, 212-913-9058.
Listing Snapshot
Days Online
1
Last Updated
Property Type
MultiFamily
Beds
7
Full Baths
7
Square Ft.
2,880
Year Built
1900
MLS Number
RLS20118559
Additional Details
Building
Built in 1900, Living area: 2880.0, Living area units: SquareFeet, 3 stories, Entry level: 1
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by The Anwar Team at Compass. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
Confirm your time
Fill in your details and we will contact you to confirm a time.