First Comes Flip, Then Comes Reno on Hancock

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Speaking of Bed Stuy, here’s a semi-recent sale that was brought to our attention. This 22-footer at 215 Hancock recently traded hands at the end of last summer for $899,000. We hear that the seller was a broker who flipped it for a tidy profit of about $375,000 in less than a year’s time. We also hear that the interior of the five-story brownstone had suffered a great deal of water damage but that many of the woodwork survived. It looks like a beautiful building to us–we hope the new owner can restore it to its former glory. GMAP P*Shark

By Brownstoner |