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  • $1,500,000

    1207 Hancock St, Brooklyn, NY 11221

    5beds
    2,565sqft
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    Multi Family
    Built in 1910
    -- sqft lot
    $1,503,900 Zestimate®
    $585/sqft
    $-- HOA

    What's special

    Substantial private backyardFive legal bedroomsPrivate outdoor livingFull unfinished basementDedicated dining areaGenerous living space
    1207 Hancock Street, Bushwick Live in it. Earn from it. Reimagine it. Welcome to 1207 Hancock Street, a versatile Bushwick townhouse offering approximately 2,565 interior square feet, five legal bedrooms, three full bathrooms, a substantial private backyard, a full unfinished basement, and a separate two bedroom upper residence previously rented for $3,350 per month. Set on an approximately 19 by 100 foot lot, this Brooklyn property presents a compelling opportunity for an end user, owner investor, multigenerational household, or investor looking for space, income potential, and long term flexibility. The home is presently configured as two residences with a spacious garden and parlor owner's duplex, a separate two bedroom residence on the third floor, and a full unfinished basement. The garden level is designed for comfortable everyday living and entertaining, featuring a generously proportioned living room, dedicated dining area, kitchen, full bathroom, and laundry room. At the rear of the home, direct access leads to a large private backyard, creating an inviting extension of the living space with plenty of possibilities for outdoor dining, entertaining, gardening, play, or a private city retreat. The parlor level offers three legal bedrooms, another full bathroom, and additional flexible space that can function beautifully as a nursery, home office, dressing room, or additional living area. Together, the garden and parlor levels provide the space and separation that make townhouse living so desirable. Occupying the third floor is a separate two-bedroom residence complete with a living room, dining room, kitchen, full bathroom, and its own laundry. Previously rented for $3,350 per month, this residence offers meaningful income potential for an owner looking to offset the cost of ownership. It can also provide valuable separation for extended family, guests, or other permitted uses. The property will be delivered fully vacant with no tenants in place at closing, giving the next owner the flexibility to determine how the home best suits their needs, subject to applicable laws and permitted use. Below, a full unfinished basement provides substantial additional storage and utility space. The property also benefits from remarkably low 2026 to 2027 real estate taxes of approximately $3,105 annually, an especially attractive carrying cost for a Brooklyn townhouse of this size. For those thinking about the property's longer term potential, the R6 zoning may offer opportunities beyond the home's current configuration. Buyers interested in future expansion or development are encouraged to consult with their architect and other professionals to explore what may be possible. Located in Bushwick, Brooklyn, 1207 Hancock Street offers excellent access to neighborhood restaurants, cafés, shopping, parks, and everyday conveniences. The Wilson Avenue L train is approximately 0.4 mile away, providing convenient connectivity throughout Brooklyn and into Manhattan. Whether you're searching for a Bushwick townhouse, a Brooklyn multifamily property, an owner occupied investment, a home with rental income, or simply more space and flexibility, 1207 Hancock Street offers a compelling combination of generous living space, income potential, private outdoor living, vacant delivery, and long term opportunity. One property. Multiple possibilities. All square footage, lot dimensions, taxes, zoning, FAR, development potential, rental history, and property information are approximate and should be independently verified by the purchaser and the purchaser's professionals. No representation is made regarding future rental income, development rights, or permissible use. All showings are by appointment ONLY.
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    Zillow last checked:

    Listing updated:

    Listed by:

    SERHANT. 929-630-2338,

    Gabrielle Gilbert

    Source: StreetEasy,MLS#: S1841766

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Appliances
      • Included: Washer/Dryer
      • Laundry: Inside
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 2,565
      • Total interior livable area: 2,565 sqft

      Property

      Features
      • Patio & porch: Other
      • Exterior features: Courtyard, Garden
      Details
      • Parcel number: 033900050
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1910

      Community & HOA

      Community
      • Subdivision: Bushwick
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $585/sqft
      • Tax assessed value: $1,603,000
      • Annual tax amount: $3,108
      • Date on market: 8/11/2026

        Estimated market value

        $1,503,900

        $1.43M - $1.58M

        $4,526/mo

        Price history

        DateEventPrice
        8/11/2026Listed for sale$1,500,000+15.4%$585/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1037518 Report a problem
        6/25/2024Listing removed--
        Source: BNYMLS #480100 Report a problem
        4/30/2024Price change$1,299,999-3.7%$507/sqft
        Source: StreetEasy Report a problem
        2/26/2024Listed for sale$1,350,000+35.1%$526/sqft
        Source: BNYMLS #480100 Report a problem
        3/26/2020Sold$999,000+461.2%$389/sqft
        Source: Public Record Report a problem
        11/24/1998Sold$178,000+256%$69/sqft
        Source: Public Record Report a problem
        8/21/1996Sold$50,000$19/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,099 -0.3%$96,180 -11.7%
        2024$3,108 $108,900 +13.2%
        2023-- $96,240 +22.2%
        2022-- $78,780 -8.8%
        2021-- $86,400 +18.6%
        2020$2,755 +13.2%$72,840 +2.3%
        2019$2,433 -4.5%$71,220 +484.6%
        2018$2,548 +8.8%$12,182 +6%
        2017$2,343 +28.6%$11,493 +5.8%
        2016$1,822 $10,866 +0.2%
        2015$1,822 +67.4%$10,846 +0.9%
        2014$1,088 $10,747 +5.9%
        2013-- $10,152 +6%
        2012-- $9,578 +5.8%
        2011-- $9,055 +0.2%
        2010-- $9,039 +0.9%
        2009-- $8,956 +5.9%
        2008-- $8,460 +6%
        2007-- $7,982 +5.8%
        2006-- $7,546 +0.2%
        2005-- $7,533 +0.9%
        2004-- $7,464 +5.9%
        2003-- $7,050 +6%
        2002-- $6,652 +5.8%
        2001-- $6,289 +0.2%
        2000-- $6,278
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Bushwick

        Getting around

        89 / 100
        Very Walkable
        86 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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