593 Hancock Street

Whether you're seeking a beautiful home or an excellent investment, you must see this four story semi-detached Brownstone located on a beautiful block in Bed Stuy's sweet spot! It just needs the right buyer who is ready to transform this partially tenanted SRO a great money maker or a beautiful home. This four-story semi-detached Brownstone has incredible potential, with original details like crown molding, beautiful archways, lattice work and built-in cabinetry. It faces south, so there is abundant sunlight! The boiler and hot water heater have been replaced recently and the roof has been resurfaced recently as well. While livable, cosmetically, this house is in need of a full renovation and the new owner will likely want to take steps to convert the building from its single room occupancy (SRO) status to their preferred use, maybe a 3 family with a duplex and two rentals, a triplex over a garden rental, or a four family rental building. This is a perfect building for a CASH buyer, or, for a buyer with a CONSTRUCTION LOAN, where you borrow money up front to create the home of your dreams and have the home appraised based on your final planned setup. Fully renovated in its new configuration, this house would likely sell for $1.75 mil or higher. The location is unbelievable! There's so much to do nearby: L'Antagoniste, located on the corner, offers French cuisine, Saraghina, offers delicious pizza, pasta, tapas and artisan cocktails, and, fresh baked bread at their bakery, or, you can enjoy live jazz at Bar Lunatico, coffee at Georges & Andres or Zabke, or Hatian cuisine at Grandchamps, all within a two block radius, and, many other cafes and bars, like Peaches, Casablanca, Beso, and Therapy Wine Bar. The A and C trains are a pleasant walk down Stuyvesant Avenue. That stop gets you to lower Manhattan in just 15 minutes. There is so much to love about this house and it is a bargain for all that it offers. Showings are by appointment, so call me to day to see it!