NOT LISTED FOR SALE

Estimated Value: $1,278,920 - $1,718,000

10 Beds
5.5 Baths
3,000 Sq Ft
$481/Sq Ft Est. Value

Sale Details

Date Sold: November 9, 2023

Last sale price $1,225,000 $408 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,168 / mo

80 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • No Heating
  • High Ceiling
  • Laundry Facilities
  • 2-minute walk to Irving Square Park

About This Home

As of November 2023

Welcome to 1241 Hancock Street, a fully gut renovated two-family in Bushwick. The property is currently configured as a 6-bedroom, 3-bathroom owners’ duplex with a 4-bedroom, 2-bathroom rental unit above. The property has undergone a full gut renovation in the last year with no detail spared. The building dimensions are 20ft x 50ft and the lot dimensions are 20ft x 100ft. 1241 Hancock Street is near the L, M, and J trains as well as numerous cafes and restaurants. Please feel free to reach out for any additional questions or schedule a showing.

Last Agent to Sell the Property

Erion Ahmetaj

Compass License #10301219187 Listed on: 04/03/2023

Compass

Co-Listed By

Ergin Ahmetaj

Compass License #10401353531

Last Buyer's Agent

Erion Ahmetaj

Compass License #10301219187 Listed on: 04/03/2023

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,292

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 20.000000x100.000000

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 10 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 64 / 03391

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Bushwick Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,292

Year Built

Built in 1910

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Entry Level: 1
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: High Ceilings
  • Appliances: Dryer, Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 3000.0
  • Living Area Units: Square Feet
  • Basement: Yes
  • Basement: Full

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathrooms Integer: 6
  • Bedrooms: 10

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, See Remarks
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 20.000000x100.000000

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1910

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 03391
  • Tax Lot: 64
  • Tax Annual: 2292.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Nov 9, 2023
Sold by
Bought by
Seller's Agent
Erion Ahmetaj
Compass
Buyer's Agent
Erion Ahmetaj
Compass
List Price
$1,599,000
Sold Price
$1,225,000
Premium/Discount to List
-$374,000
-23.39%
Views
114
Current Estimated Value
$1,443,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,230
Avg. Annual Appreciation
6.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,225,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $1,225,000 -23.4% $408 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $1,599,000 -- $533 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,644 $72,060 $11,700 $60,360
2025 $3,623 $67,980 $11,700 $56,280
2024 $3,623 $64,980 $11,700 $53,280
2023 $3,518 $67,680 $12,180 $55,500
2022 $2,287 $69,420 $12,180 $57,240
2021 $2,224 $67,740 $12,180 $55,560
2019 $2,205 $54,480 $12,180 $42,300
2018 $2,027 $9,946 $2,060 $7,886
2017 $1,913 $9,385 $1,707 $7,678
2016 $1,771 $8,857 $2,174 $6,683
2015 $1,068 $8,857 $2,328 $6,529
2014 $1,068 $8,786 $2,560 $6,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10945344

Real Estate Board of New York (REBNY)

APN: 03391-0064

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