Buy with Yoreevo
$1,862,000
List Price: $1,900,000
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490 Hancock Street
House in Stuyvesant Heights •  building info
studio • 2,756ft² $689 per ft²
Buy with Yoreevo

$1,862,000

List Price

$1,900,000

Open Sun, Jan 5 (10:30am - 12pm)
Key Details
Days on market
44
Last price change
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Estimated payment
$11,174
Taxes
$366
Monthly maintenance
N/A
Description
Classic Brownstone Residence in Bedford-Stuyvesant This beautiful and spacious brownstone is located on a tree-lined street in the heart of Bedford-Stuyvesant. Currently configured as a two-family home, this property offers a unique blend of move-in readiness with room for updates and customization, making it perfect for homeowners or investors. The well-maintained brownstone spans over 2,750 square feet, with the potential for future expansion thanks to its 994 unused FAR. The property is not landmarked, allowing flexibility for renovations or additions to suit your needs. Property Features The layout highlights the property's historic appeal, with large windows, high ceilings, and classic architectural details. The kitchen and living spaces are functional in their current state, but updates can easily elevate the home to align with modern design trends and conveniences. The home's full basement adds versatility, providing additional storage or a creative space to expand the property's functionality. The backyard, accessible from the main living area, is ideal for gardening, outdoor dining, or creating a private urban retreat. Prime Bedford-Stuyvesant Location Situated in one of Brooklyn's most sought-after neighborhoods, this home combines the charm of a historic brownstone community with modern urban convenience. The vibrant surroundings include boutique shops, cafes, restaurants, and cultural landmarks. With easy access to public transportation, commuting to Manhattan and other parts of Brooklyn is seamless. Local parks, schools, and grocery stores are all nearby, providing everything you need within walking distance. Additional Details Expansion Potential: With 994 unused FAR, the property offers flexibility for future projects. Basement: Full basement offering flexibility for storage or creative use. Lot Dimensions: 18.75 ft x 100 ft, providing ample outdoor space. Zoning: R6B, offering flexibility for future projects. Low Taxes: Annual property tax of $4,394. A Rare Opportunity to Customize This brownstone is a rare find-a home that offers move-in readiness with the opportunity to expand and modernize. With its flexible layout, additional FAR, and vibrant location, this property is an ideal investment or a perfect home to personalize for the future.

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Listing Amenities
Hardwood floors
City View
Fireplace
Building Amenities
Fios Available
Parking Available
Children's Playroom
Outdoor Space
Garden
Building info

History
What it'll cost
Purchase price
$1,900,000
Asking Price: $1,900,000
Term
30 Years
Down Payment
$190,000 (10%)
Min: 10% (190,000)
Rate
6.5 %
Mortgage Amount
$1,710,000
Mortgage Payment
$10,808
Taxes
$366
Estimated Yoreevo rebate
$38,000
Estimated closing cost
$66,000
Total monthly cost $11,174
Buy your dream home with us and get an estimated $38,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Coldwell Banker Reliable R E

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.