1329 Hancock Street

New York - United States of America

Properties > 1329 Hancock Street
4 years
Multi Family Home

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1329 Hancock St stands as a remarkable and spacious six unit walk-up building nestled in the heart of the vibrant Bushwick neighborhood in Brooklyn, New York. This vintage structure presents a unique investment opportunity for those looking to be part of Brooklyn's rich heritage. Hancock St offers a desirable unit mix, including four (4) incredibly spacious 3b/2ba, and two (2) 3b/1.5ba apartments, all boasting over 4,896 square feet of living space.

About the area

Bushwick is known for its dynamic arts scene, cultural diversity, and lively atmosphere. It serves as a hub for artists and enthusiasts, featuring galleries, street art, and creative spaces. 

Residents enjoy easy access to local amenities such as trendy cafes, eclectic boutiques, and a burgeoning culinary scene reflecting the neighborhood's diverse cultural influences.

Proximity to the L subway line at Halsey Street Station provides convenient commuting options, making Manhattan just a short subway ride away and enhancing the location's appeal.

Selling points

Strong Market Fundamentals

Our experienced and professional real estate team review each and every Bricksave deal utilising our AI driven, Algorithmic real estate sourcing programme.

Good Condition

This property has undergone a detailed inspection and only minor decorative repairs are required in order to achieve the target rent and maximise the returns. 

Investment Timeline
  • Funding started
    14th Dec. 2023
  • Funding complete
    15th May 2024
  • Rental starts
    3rd May 2024
  • Returns start
    1st June 2024
  • Year 1 returns
    1st June 2025
  • Year 2 returns
    1st June 2026
  • Year 3 returns
    1st June 2027
  • Year 4 returns
    1st June 2028
  • Property sold

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