Triplex Brownstone with Spiral
For Sale
$3,499,000
121 Hancock Street, Brooklyn, NY 11216
MULTI_FAMILY - Other - Brooklyn, NY
Property Size4,400 SF
Lot Size0.10 Acres
Price / SF$795.23
Days on Market113
Property Features for 121 Hancock Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Interior features
Entrance Foyer
Fireplace
1
Subdivision
Bedford-Stuyvesant
Standard status
Active
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
5500
Utilities
Heating system
Natural Gas, Steam
Water source
Public
Building Details
Year built
1890
Floors in Building
4
Flooring type
Hardwood, Tile
Building materials
Stone, Masonite
Roof type
Rubber
Architectural style
Other
Listing Agency:
SAINT WALKER REALTY INC
Listed By:
Rudolph Walker
Added: Apr 15
Changed: Aug 3
Last Checked: Aug 5 at 3:06PM
MLS# 11738795
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
121 Hancock Street is a historic Brooklyn triplex-style brownstone built in the 1890s. The home totals 4,400 sqft and features 6 bedrooms and 3 baths, with an entrance foyer and a solid oak spiral staircase connecting the owner’s duplex. Interior finishes include walnut wood wainscoting and white oak parquet flooring with mahogany inlays. The property also includes 5 slate/marble fireplaces and natural gas steam heating.
Construction is stone with Masonite elements, and the roof is rubber. Updates include electrical service with a 100-amp riser, along with plumbing, gas heat, and drainage improvements for modern reliability. Water service is public. The configuration includes a 2-bedroom top-floor rental and a 1-bedroom garden unit with backyard access.
Set on a landmark block in Bedford-Stuyvesant between Nostrand Avenue and Bedford Avenue, the home is about 2 short blocks from the A/C trains on Fulton Street.
Construction is stone with Masonite elements, and the roof is rubber. Updates include electrical service with a 100-amp riser, along with plumbing, gas heat, and drainage improvements for modern reliability. Water service is public. The configuration includes a 2-bedroom top-floor rental and a 1-bedroom garden unit with backyard access.
Set on a landmark block in Bedford-Stuyvesant between Nostrand Avenue and Bedford Avenue, the home is about 2 short blocks from the A/C trains on Fulton Street.
Key Highlights
- 4,400 sqft historic brownstone built in the 1890s with 6 bedrooms and 3 baths
- Solid oak spiral staircase connecting the owner’s duplex plus walnut wainscoting and oak parquet floors
- 5 slate/marble fireplaces and natural gas steam heating
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $224.4k | $51.00 |
| − Vacancy | −$4.3k | −$0.97 |
| EGI | $220.1k | $50.03 |
| − OpEx | −$66.0k | −$15.01 |
| NOI | $154.1k | $35.02 |
4,400 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.20M
$1.93M – $2.57M
NOI $154,095 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$1.92M
$1.68M – $2.24M
NOI $134,327 @ 7.0% cap · market cap 3.84%
Theoretical Best
Specialty Retail
$3.64M
$3.19M – $4.25M
NOI $255,024 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
5,956
Businesses Nearby
Explore this area
Business Placement
Demographics for 11216, NY
61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Historic 1890s triplex brownstone with 6 bedrooms, 3 baths, natural gas steam heat, and backyard-access rental units.
Where is this triplex located?
The property is located at 121 Hancock Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: 4,400 sqft historic brownstone built in the 1890s with 6 bedrooms and 3 baths; Solid oak spiral staircase connecting the owner’s duplex plus walnut wainscoting and oak parquet floors; 5 slate/marble fireplaces and natural gas steam heating
