1427 Hancock Street, Bushwick, Brooklyn, NY 11237

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Located on Hancock Street between Irving and Wyckoff on the border of bustling Bushwick and Ridgewood is this legal two family brick townhouse. This home has been in the same family for many decades and it is time for new owners. The buildings foot print is 20x55, spans 3,300 square feet and sits on a 20x100 lot. It has fantastic zoning and FAR if you were interested in adding on to this already massive home. The zoning is R6, the FAR is 2.43. Currently the family occupies the home and has it set up as a three family. It is easily converted back into a two or used as a massive one family. This can easily be made into a huge three bedroom duplex with a garden rental or a top floor rental. That rental will cover a large portion of your mortgage as Bushwick has some of the highest price per square feet on rentals in Brooklyn. There are some very nice historical details still left, the home does need some cosmetic updating but the bones are solid and this will be a stunning residence once updated. This can also be an amazing hold for any investor looking for some positive cash flow. The sellers are motivated and would love to hear all reasonable bids. The location is unbeatable, only 2 short blocks to the L train on Halsey and a few short blocks to M/L on Myrtle. Near all the shopping, dining, nightlife, art scene that Bushwick is renowned for. Only a few subway stops to Williamsburg and 20 minutes to Midtown.