NOT LISTED FOR SALE

Estimated Value: $1,379,000 - $2,081,000

5 Beds
3 Baths
3,200 Sq Ft
$508/Sq Ft Est. Value

Last Sold December 27, 2017

Last sale price $1,600,000 $500 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,472/month

78 Days on Market

Highlights

  • Terrace
  • Garden
  • 3-minute walk to Halsey Street (J Line)

About This Home

As of December 2017

At 1051 Hancock, live and entertain with ease. The property is a generously proportioned brick, two-family townhouse in prime Bushwick, Brooklyn. Recently revamped, the aesthetic is sophisticated with a bohemian vibe.

The 20ft wide, three-story home boasts a vintage brick façade with a sizeable owner's duplex and a high income producing Two-Bedroom (2BR) One-Bath (1Bath) rental. The expansive Three Bedroom (3BR) Two & a Half Bath (2.5Bath) duplex encompasses 14' ceilings, decorative fireplaces with exposed brick, and a breath taking chef-style kitchen. Additional features include wide-plank white oak flooring, white shaker cabinetry in the kitchen, Ceasarstone countertops, 5-burner range, a Samsung French-door refrigerator and dishwasher. The property is leading edge with Smart Home technology, which includes energy efficient LED lighting, live camera/video intercom that is accessible via smartphone, central heating and cooling, W/D, and SONOS in-wall speakers that connect to a wall mounted iPad.

The master suite offers a luxury retreat experience, overlooking the garden through oversized balcony doors, which lead to both the private terrace and exclusive roof deck. Chic and functional are two words that come to mind when describing the ensuite master bath: white Carrera tiles throughout, an oversized double sink/vanity and rain shower with massage jets. Walk-in closets are found in all three bedrooms, and both the second and third bedrooms are large enough to fit a king bed.

Transportation is a breeze with nearby J, M, Z and L trains making for an easy commute to Manhattan. The local neighborhood offers a plethora of restaurants, nightlife and cultures venues. Local attractions include The Platform Bar, Anda Lucia Bar, The Wilky Bar, Toad Style Restaurant, Macdonough Café, Covert Coffee, Image Gallery, Stale Mater Gallery and many more!

Last Agent to Sell the Property

Jessica Peters

Douglas Elliman Real Estate License #10301209015 Listed on: 08/30/2017

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,376

Year Built

  • Built in 1920

Lot Details

  • 2,004

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Terrace
  • Garden

Community Details

  • 2 Units
  • Busk Subdivision

Listing and Financial Details

  • Tax Block 3388

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,376

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: Evergreen Ave & Bushwick Ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BUSK
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 3200.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Terrace, Rooftop

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1920

Tax Info

  • Tax Block: 3388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Dec 27, 2017
Sold by
Brooks Holdings Too Llc
Bought by
Aschner Eitan and Huang Yi
Seller's Agent
Jessica Peters
Douglas Elliman Real Estate
List Price
$1,649,000
Sold Price
$1,600,000
Premium/Discount to List
-$49,000
-2.97%
Total Days on Market
78
Current Estimated Value
$1,656,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,027
Avg. Annual Appreciation
0.13%
Original Mortgage
$1,200,000
Outstanding Balance
$1,017,360
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$598,508

Purchase Details

Closed on
Jul 7, 2016
Sold by
Joshua Home Design Inc
Bought by
Brooks Holding Too Llc

Purchase Details

Closed on
Nov 12, 2014
Sold by
Bethley Randolph and Rosado Sonia Badillo
Bought by
Joshua Home Design Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2006
Sold by
California Homes Inc
Bought by
Badillo-Rosado Sonia and Bethley Randolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,424
Interest Rate
6.52%

Purchase Details

Closed on
Jan 12, 2004
Sold by
Bembury Beverly and Huff Carlotta
Bought by
California Homes Inc

Purchase Details

Closed on
Jun 10, 1999
Sold by
First Home Properties Corp
Bought by
Huff Carlotta and Bembury Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
7.85%

Purchase Details

Closed on
Mar 19, 1999
Sold by
Salmon Margaret
Bought by
First Home Properties Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aschner Eitan $1,600,000 --
Brooks Holding Too Llc $1,495,000 --
Joshua Home Design Inc $300,000 --
Joshua Home Design Inc $300,000 --
Badillo-Rosado Sonia $612,120 --
Badillo-Rosado Sonia $612,120 --
California Homes Inc $206,000 --
California Homes Inc $206,000 --
Huff Carlotta $211,000 --
Huff Carlotta $211,000 --
First Home Properties Corp $91,500 --
First Home Properties Corp $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aschner Eitan $1,200,000
Previous Owner Joshua Home Design Inc $250,000
Previous Owner Badillo-Rosado Sonia $122,424
Previous Owner Badillo-Rosado Sonia $489,696
Previous Owner Huff Carlotta $209,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $1,600,000 -- --
12/27/2017 12/27/17 Sold $1,600,000 -3.0% $500 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
09/09/2017 09/09/17 For Sale $1,649,000 -- $515 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,376 $87,540 $16,200 $71,340
2024 $5,376 $95,640 $16,200 $79,440
2023 $5,262 $117,360 $16,200 $101,160
2022 $4,895 $97,260 $16,200 $81,060
2021 $4,868 $92,700 $16,200 $76,500
2020 $2,346 $92,520 $16,200 $76,320
2019 $4,666 $92,520 $16,200 $76,320
2018 $4,402 $21,592 $4,533 $17,059
2017 $4,261 $20,903 $5,644 $15,259
2016 $2,854 $14,276 $3,325 $10,951
2015 $1,088 $10,846 $3,172 $7,674
2014 $1,088 $10,747 $3,770 $6,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10101505

Real Estate Board of New York (REBNY)

APN: 03388-0057