NOT LISTED FOR SALE

1220 Hancock St Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,097,000 - $1,423,000

7 Beds
3 Baths
4,000 Sq Ft
$317/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $1,100,000 $275 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,974/month

49 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • 2-minute walk to Irving Square Park
  • Formal Dining Room

About This Home

As of October 2021

Excellent Townhouse in Brooklyn New York. Close to Stores and Transportation. Fully Renovated. Patio for entertaining. Will not last long.

Last Agent to Sell the Property

Luisa Then

First Home Equity Realty Brokerage Phone: 516-965-0159 License #10311208354 Listed on: 07/27/2021

Last Buyer's Agent

Luisa Then

First Home Equity Realty Brokerage Phone: 516-965-0159 License #10311208354 Listed on: 07/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,560

Year Built

  • Built in 1910

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • No Common Walls

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Stone Siding

Interior Spaces

  • 3-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Academy Of Arts And Letters Middle School
  • Bedford Academy High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 27 / 3397
  • Assessor Parcel Number 03397-0027

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,560

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 516-965-0159
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Washer
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Formal Dining, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Inclusions: Dryer,Washer
  • Total Bedrooms: 7
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Stone
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Other
  • Sewer: Sewer
  • Water Source: See Remarks
  • Hot Water: Indirect Tank

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Academy Of Arts And Letters

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Parcel Number: 03397-0027
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2021-07-28

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2560
  • Tax Block: 3397
  • Tax Lot: 27
  • Tax Map Number: 03397-0027

MLS Schools

  • High School: Bedford Academy High School
  • Middle School District: Brooklyn 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 22, 2021
Sold by
Betances Delcio and Betances Marilu
Bought by
Goldfischer Zahava and Harazi Naftali Roi
Seller's Agent
Luisa Then
First Home Equity Realty
Buyer's Agent
Luisa Then
First Home Equity Realty
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Current Estimated Value
$1,269,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,982
Avg. Annual Appreciation
3.69%
Original Mortgage
$935,000
Outstanding Balance
$857,273
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$410,535

Purchase Details

Closed on
Apr 11, 2002
Sold by
Betances Margarita
Bought by
Betances Delcio and Betances Marilu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
7.15%
Source: Public Records

Range of Values:

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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
Goldfischer Zahava $1,100,000 --
Betances Delcio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldfischer Zahava $935,000
Previous Owner Betances Delcio $300,000
Previous Owner Betances Delcio $245,000
Previous Owner Betances Delcio $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $1,100,000 -4.3% $275 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $1,150,000 -- $288 / Sq Ft
Source: OneKey® MLS

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 $3,216 $84,720 $11,760 $72,960
2024 $3,216 $91,980 $11,760 $80,220
2023 $3,070 $89,580 $11,760 $77,820
2022 $2,853 $73,320 $11,760 $61,560
2021 $2,546 $68,220 $11,760 $56,460
2020 $1,909 $60,480 $11,760 $48,720
2019 $2,499 $60,480 $11,760 $48,720
2018 $2,270 $12,597 $1,904 $10,693
2017 $2,128 $11,911 $2,840 $9,071
2016 $1,940 $11,253 $3,622 $7,631
2015 $1,136 $11,244 $4,064 $7,180
2014 $1,136 $11,120 $3,420 $7,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Luisa Then

    First Home Equity Realty

    (516) 965-0159

    1 in this area

    21 Total Sales

    Luisa Then
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3333444

OneKey® MLS

APN: 03397-0027

New York Kings County Brooklyn 11221 Bushwick

1220 Hancock St, Brooklyn, NY

This home is located at 1220 Hancock St, Brooklyn, NY 11221 since 27 July 2021 and is currently estimated at $1,269,982, approximately $317 per square foot. This property was built in 1910. 1220 Hancock St is a home located in Kings County with nearby schools including P.S. 151 Lyndon B. Johnson, Evergreen Middle School for Urban Exploration, and Bushwick Ascend Lower School.

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