898 Hancock Street, Brooklyn, NY 11233

This spacious four-family walk-up apartment building in Stuyvesant Heights, Brooklyn, is being offered for sale at $2.85 million. It presents a unique opportunity for both homeowners and investors, combining historical charm with income-generating potential. Property Highlights: Location: Stuyvesant Heights, Brooklyn, NY. Known for its picturesque walk-up buildings, charm, and proximity to shopping, schools, restaurants, and public transportation (B7, B26, B47, Q24 buses, and J and Z subway lines). Building Type: Four-family walk-up apartment building. Price: $2.85 Million. Occupancy: Three apartments are currently tenant-occupied, providing immediate income. Apartment #2 (second floor) and the basement will be delivered vacant, offering flexibility for an owner-occupant or new tenants. Size: o Approximate Living Space Area: 6,110 Sq ft. o Building Dimensions: 27' x 76'. o Lot Size: Approximately 2,667 Sq ft. o Lot Dimensions: 26'.67" x 100'. Zoning: R6B. This contextual zoning district in NYC typically allows for medium-density residential buildings, often townhouses or small multi-family residential buildings of up to 4 or 5 stories, and the maximum building height is generally 50 feet. Annual Real Estate Taxes: Approximately $9,249.39 Features: o Second Floor (Vacant): Features soaring ceilings with intricate upgrades, expansive windows, and original hardwood floors. Includes a gourmet kitchen with high-end appliances, seamlessly connected to a spacious dining area. o Upper Floors: Each of the two upper floors has two to three well-proportioned bedrooms, maintaining original details like fireplaces or pocket doors. o Basement/Garden Apartment (Vacant): Offers a separate entrance and is ideal for an income-producing rental unit. o Outdoor Space: A private back deck terrace for relaxation and entertaining. Investment Potential: The income from the three existing tenants, along with the potential income from the vacant second floor and basement unit, can significantly offset mortgage costs or provide additional financial security. Multi-family properties in Brooklyn are considered a compelling opportunity for consistent income and long-term appreciation. Is-as-Is-Sale. Call Agent for viewing and to make your Best Offer at 5 1 6 7 2 5 7 0 8 4. Do Not Contact the Owner. Call today to schedule a private showing!