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20 Hancock St

On Schedule
Current Phase

Acquisition

Status: completed

Property purchased for $1.1M and title transferred to DP Homes – Hancock LLC. Due diligence completed including full structural inspection, survey, and zoning verification for 5-unit conversion. All permits secured from NYC Department of Buildings for multi-family conversion project.

65%
Project Completion

Phase Updates

Feb
12

Acquisition work is progressing on schedule.

Update
Update
View Details
Original Pro Forma

Agreements & Legal

DP-Homes-Hancock-Investment-Agreement-2025.pdf
Jan 15, 2025 • 1.2 MB
DP-Homes-Hancock-SPV-Operating-Agreement.pdf
Jan 10, 2025 • 2.1 MB
Investor-Subscription-Agreement-Hancock-LLC.pdf
Jan 15, 2025 • 856 KB

Insurance Policies

Chubb-Builders-Risk-Policy-20-Hancock-St.pdf
Jan 5, 2025 • 1.8 MB
Hartford-General-Liability-Coverage-2025.pdf
Jan 5, 2025 • 945 KB
Hartford-Performance-Bond-Certificate.pdf
Jan 8, 2025 • 512 KB

Permits & Approvals

NYC-DOB-Construction-Permit-ALT-2025-001234.pdf
Dec 20, 2024 • 623 KB
NYC-Electrical-Permit-EW-2025-005678.pdf
Jan 2, 2025 • 412 KB
NYC-Plumbing-Permit-PL-2025-002341.pdf
Jan 2, 2025 • 385 KB
Landmarks-Preservation-Approval-Letter.pdf
Dec 15, 2024 • 278 KB

Financial Reports

Hancock-St-Detailed-Renovation-Budget-2025.pdf
Jan 1, 2025 • 2.4 MB
As-Is-Appraisal-Report-20-Hancock-Brooklyn.pdf
Dec 10, 2024 • 3.2 MB
After-Repair-Value-ARV-Analysis.pdf
Dec 12, 2024 • 1.5 MB
Hancock-LLC-Q1-2025-Financial-Statement.pdf
Feb 1, 2025 • 890 KB