NOT LISTED FOR SALE

1437 Hancock St Unit 3 A Brooklyn, NY 11237

Bushwick Neighborhood

Estimated Value: $593,000 - $894,000

1 Bed
1 Bath
743 Sq Ft
$506/mo HOA Fee

Last Sold May 24, 2023

Last sale price $715,000 $962 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,420/month

About This Home

As of May 2023

This sophisticated 743 square foot, one-bedroom, one-bathroom residence articulates elegance and functional living space. The entry foyer opens to an expansive great room and custom-designed kitchen capturing southern and eastern exposures. The great room leads out to a beautiful private terrace, ideal for both entertaining and daily living. The primary bedroom is well-proportioned, situated with multiple windows, and excellent closet space. The spacious primary bathroom features porcelain and ceramic floors and walls and modern fixtures, offering an elegant bathing experience.

Introducing Hancock Jefferson, a timeless boutique condominium in Bushwick, one of Brooklyn's most electrifying neighborhoods. A collection of 18 studio to three-bedroom residences, Hancock Jefferson reflects the new modern standard of luxury living.The building was thoughtfully designed from the inside out with a reimagined look of an upscale Bushwick. The fa ade, private terraces, entrance foyers, and detailed finishes embrace the hallmarks of modern and minimalist buildings tailored for today's lifestyle desires.

Each home boasts natural light, ceilings heights up to 10'3", oversized double-pane windows, and herringbone patterned flooring throughout. With kitchens featuring quartz countertops, Blomberg stainless-steel appliances, recessed and LED cove lighting creating a warm and modern atmosphere. All units are equipped with split HVAC systems and a washer/dryer. Most residences have private terraces and Juliet balconies perfect for entertaining.

Hancock Jefferson is situated in a lovely neighborhood with tree-lined streets and moments from a variety of restaurants, bars, parks, and the L subway line. Jefferson Hancock offers a common rooftop terrace with Brooklyn and Manhattan skyline views and storage units. In addition, residents enjoy access to the neighboring building's elevated amenities tailored for today's lifestyle in mind.

Amenities Include:

- Fitness Center

- Yoga Studio

- Pickle-ball/Basketball Court

- Dog Run- First Floor Outdoor Lounge

- Roof Deck- Outdoor Kitchen and Grill

- Library

- Co-working Spaces

- Private Conference Room

- Parking Available for Rent by 3rd Party- Storage Units

Access to the amenities is for a fee after the first year and can be discontinued by the sponsor at any time.

Occupancy is anticipated for Spring 2023

Primary residence buyers are entitled to a special rate program by First Republic Bank.

The complete offering terms are in an Offering Plan available from Sponsor. File No. CD22-0066

Last Agent to Sell the Property

Ariel Tirosh

Douglas Elliman Real Estate License #30TI0896855 Listed on: 03/13/2023

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,988

Lot Details

  • 6,011

HOA Fees

  • $506 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 743 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Terrace

Community Details

  • Jefferson Hancock Condos
  • Bushwick Subdivision

Listing and Financial Details

  • Tax Block 03393

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,988

Lot Details

0

HOA Fees

$506 per month

Listing Details

  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 743.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 506.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: JEFFERSON HANCOCK
  • Total Stories: 1

Tax Info

  • Tax Block: 03393
  • Tax Annual: 5988.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
May 24, 2023
Sold by
1504 Jeff Llc
Bought by
Maes Robert and Strauss Andrew
Seller's Agent
Ariel Tirosh
Douglas Elliman Real Estate
List Price
$720,000
Sold Price
$715,000
Premium/Discount to List
-$5,000
-0.69%
Current Estimated Value
$732,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,564
Avg. Annual Appreciation
1.01%
Original Mortgage
$572,000
Outstanding Balance
$556,095
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$176,469
Source: Public Records

Range of Values:

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Average Value
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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
Maes Robert $715,000 --
Maes Robert $715,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maes Robert $572,000
Closed Maes Robert $572,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2023 05/24/23 Sold $715,000 -0.7% $962 / Sq Ft
03/13/2023 03/13/23 For Sale $720,000 -- $969 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
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 $12,502 $104,454 $6,928 $97,526
2024 $12,502 $102,791 $6,928 $95,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10850135

Real Estate Board of New York (REBNY)

APN: 03393-1215