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875 Hancock Street
Condo in Stuyvesant Heights •  building info
5bd • 2.5ba • 2,856ft² $427 per ft²
Sold price

$1,220,000

Key Details
Days on market
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Last price change
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Estimated payment
$7,251/mo
Taxes
$668/mo
Maintenance
N/A
Description
2-FAMILY HOME with 2 DEEDED PARKING SPACES Welcome to 875 Hancock Street, a well-maintained two-family home in the heart of Brooklyn. This property offers a private backyard and secure gated parking, making it a solid investment opportunity for both homeowners and investors seeking substantial rental income. The owner's duplex covers the first and second floors and includes a spacious 3-bedroom, 1.5-bath layout with a private backyard. The main level features a bright, south-facing living room and a half bath. The kitchen has granite countertops and plenty of storage space. Upstairs, you'll find three large bedrooms, a full bath, and a washer/dryer. The master bedroom impresses with its considerable size and wall-to-wall closets. Recent upgrades include solid oak hardwood floors, a new hot water heater, furnace, and central AC, as well as a new dishwasher and wine fridge in the kitchen. Sliding glass doors lead to the backyard patio, which includes a new shed for additional storage. A newly tiled walkway grants access to the rear of the property, where you'll find two dedicated parking spaces. The third floor, typically utilized as a rental unit, enjoys its own entrance and spans the entire floor. It offers a spacious south facing living room, full kitchen, two large bedrooms, a full bath, and a washer/dryer, primed to generate rental income. The owner's love for this home is evident in the thoughtful improvements, including new solid oak hardwood floors, a kitchen island and pantry, updated central AC in the owner's unit, new hot water heaters in both units, roof and membrane replacement, fresh paint for the house and trim, new windows throughout the home, electrical upgrades, underground high-speed cable installation, a new garden fence with pathways and patio, and the installation of new sod in the front yard. Each unit is individually metered and furnished with its own hot water heater. Located in Brooklyn's Stuyvesant Mews Community, this property has low HOA fees of only $335 per year, covering snow removal and sewer cleaning. You'll have easy access to restaurants, cafes, supermarkets, and public transportation, with the J/M/Z/A/C subway trains within walking distance. Don't miss this opportunity to own a piece of Brooklyn. Block/Lot: 01488-0001 Location: North side of Hancock St, between Howard Ave. & Saratoga Ave. Property Type: Two Family Frame (B2) Year Built: 1992 Lot Dimensions: 20.25 x 100 Lot Square Feet: 2,025 Bldg Dimensions: 20.25 x 47 Bldg Square Feet: 2,856 Stories: 3 Zoning: R6B FAR: 2 FAR as Built: 1.41

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Important Stuff
Pets allowed
Washer/Dryer in unit
Home features
Dishwasher
Hardwood floors
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Garden

Building amenities
Services and facilities
Laundry in Building
Shared outdoor space
Courtyard
Garden
Building info

History
What it'll cost
Purchase price
$1,220,000
Asking Price: $1,220,000
Term
30 Years
Down Payment
$122,000 (10%)
Min: 10% (122,000)
Rate
6.0 %
Mortgage Amount
$1,098,000
Mortgage Payment
$6,583
Common Charges
$0
Taxes
$668
Estimated closing cost
$47,000
Total monthly cost $7,251
Listing Courtesy of Douglas Elliman

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