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$980,125
List Price: $995,000
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465 Hancock Street
Townhouse in Stuyvesant Heights •  building info
studio • 2,000ft² $498 per ft²
Buy with Yoreevo

$980,125

List Price

$995,000

Key Details
Days on market
22
Last price change
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Estimated payment
$6,007
Taxes
$199
Monthly maintenance
N/A
Description
Discover an exceptional development opportunity at 465 Hancock Street, located in the heart of Bedford Stuyvesant. This vacant lot, zoned R6B, is ideal for creating a new landmark in one of Brooklyn's most cherished neighborhoods. R6B districts are known for their traditional row houses that preserve the harmonious streetscape of 19th-century four-story attached buildings. Many of these homes feature charming stoops and small front yards, reminiscent of Brooklyn's iconic brownstone neighborhoods. With a lot size of 2,000 sq ft (20 ft x 100 ft), this property boasts a residential FAR of 2, allowing for a maximum usable floor area of 4,000 sq ft. Additional details include a building class of zoned residential (V0), a facility FAR of 2, a tax class of 1B, and an annual property tax of $2,386. This prime location provides the perfect canvas to develop a residence that complements the historical elegance and architectural continuity of the area. Nearby transportation includes the C train at Kingston-Throop or the G train at at Bedford-Nostrand Avs, and only a short jaunt to Herbert Von King Park, YMCA, and steps away from the shopping and dining districts along Tompkins Avenue & Marcus Garvey Boulevard.

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Building info

History
What it'll cost
Purchase price
$995,000
Asking Price: $995,000
Term
30 Years
Down Payment
$99,000 (10%)
Min: 10% (99,000)
Rate
6.75 %
Mortgage Amount
$895,500
Mortgage Payment
$5,808
Taxes
$199
Estimated Yoreevo rebate
$14,875
Estimated closing cost
$28,000
Total monthly cost $6,007
Buy your dream home with us and get an estimated
$14,875 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Douglas Elliman

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