1215 Hancock St #1-3, Brooklyn, NY, 11221

About This Home

1215 Hancock Street ideal townhome for a hybrid owner/user/investor who intends to live in one or more of the units and lease out the rest, or convert to a single family home. Fully Free Market: The property has no history of rent regulation. Move-In Ready: The building is fully renovated with high end finishes. Available Development Rights: R6 zoning allows for additional ~2,600 SF of unused development rights for upward or outward expansion. Proximity to Subway: Located within 5 blocks of the Halsey Street L-Train, with access to Bedford Avenue and Union Square within 20-30 minutes Low Taxes, Protected Tax Class: Annual taxes are just $7,138 and designated protected tax class 1, limiting tax increases to no more than 8% a year or 30% over 5 years