NOT LISTED FOR SALE

159 E Front St Hancock, NY 13783

Estimated Value: $172,986

4 Beds
4 Baths
6,000 Sq Ft
$29/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2023

Last sale price $150,000 $25 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,185 / mo

181 Days on Market

About This Home

As of August 2023

Large commercial building in downtown Hancock. Renovation started on second floor, ready to convert into an air b and b, a rental or a condo? Commercial space downstairs currently income producing. An emporium with different kiosks for individual displays of product. ADDITIONAL SEPARATE ENTRANCE OFFICE/BUSINESS SPACE AVAILABLE DOWNSTAIRS. Hancock is an affordable destination for Catskill lovers. Fishing, boating and entrepreneurs thrive here. 2 1/2 hours from the GW. Lots of space. Lots of potential. Various grants and loan possibilities for the buyer.

Last Agent to Sell the Property

Jill Gorton

Listing by Woodland Creek Real Estate License #10401277699 Listed on: 01/03/2023

Last Buyer's Agent

NONMLS NONMLS

Listing by NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,247

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Poured Concrete
  • Frame Construction
  • Membrane Roofing
  • Stone

Interior Spaces

  • 6,000 Sq Ft Home
  • Gas Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Multiple Heating Units
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 429.17-2-23

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,247

Lot Details

5,663 Sq Ft Lot

Listing Details

  • NY Swis Code: Hancock-123689
  • Total Assessed Value: 65000
  • Construction: Brick, Frame
  • Foundation Description: Poured, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Information: Commercial Zoning
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1153846.15
  • Ratio Close Price By Sq Ft: 25.00
  • Ratio List Price By Acres: 1684615.38
  • Ratio List Price By Sq Ft: 36.50
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • Roof Description: Rubber Membrane
  • School Tax: 1171
  • Sub Board Code: Otsego-Delaware
  • Type of Sale: Normal
  • Year Built Description: Existing Unknown
  • Lot Sq Ft: 5663
  • Directions To Property: From 50 West Main, go east to light, turn right and then left at next light. Proceed down Front Street to the building 159 which is near the Hancock House Hotel and across from the theater.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wood-Some
  • Number of Fireplaces Gas: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Total Sq Ft: 6000

Exterior Features

  • Construction: Aluminum/Steel, Stone
  • Number of Acres: 0.1300

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: Parking Area, Street

Utilities

  • Heating Fuel Description: Gas
  • Number of Gas Meters: 4
  • Number of Heating Units: 4
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 429.17-2-23

Rental Info

  • Certificate of Occupancy: Supplied
  • Type of Tenancy: Owner Occupied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 3247

MLS Schools

  • School District Name: Hancock

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Aug 10, 2023
Sold by
Albaum Jackie P and Albaum Jason
Bought by
Bezh 159 E Front Llc
Seller's Agent
Jill Gorton
Woodland Creek Real Estate
Buyer's Agent
NONMLS NONMLS
NON MLS
List Price
$219,000
Sold Price
$150,000
Premium/Discount to List
-$69,000
-31.51%
Views
203
Current Estimated Value
$172,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,986
Avg. Annual Appreciation
5.44%

Purchase Details

Closed on
Apr 19, 2019
Sold by
Delaware County Of
Bought by
Park-Albaum Jackie and Albaum Jason

Purchase Details

Closed on
Jul 25, 2008
Sold by
Lease Properties Of Hanco Ck Llc
Bought by
Costolnick James J

Purchase Details

Closed on
Jul 11, 2008
Sold by
Lease John D and Lease Maria Dimele
Bought by
Lease Properties Of Hanco Ck Llc

Purchase Details

Closed on
Nov 4, 1994
Sold by
Mele Peter A
Bought by
Lease John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bezh 159 E Front Llc $150,000 None Available
Bezh 159 E Front Llc $150,000 None Available
Bezh 159 E Front Llc $150,000 None Available
Park-Albaum Jackie $16,758 --
Park-Albaum Jackie $16,758 --
Park-Albaum Jackie $16,758 --
Costolnick James J $149,000 --
Costolnick James J $149,000 --
Lease Properties Of Hanco Ck Llc -- Robert G Davis
Lease Properties Of Hanco Ck Llc -- Robert G Davis
Lease John $125,000 --
Lease John $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2023 08/08/23 Sold $150,000 -31.5% $25 / Sq Ft
01/03/2023 01/03/23 For Sale $219,000 -- $37 / Sq Ft
Source: Otsego-Delaware Board of REALTORS®

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
2024 $3,130 $15,000 $3,800 $11,200
2023 $3,119 $10,625 $3,800 $6,825
2022 $6,444 $10,625 $3,800 $6,825
2021 $6,444 $10,625 $3,800 $6,825
2020 $9,216 $27,500 $3,800 $23,700
2019 $8,270 $27,500 $3,800 $23,700
2018 $8,270 $27,500 $3,800 $23,700
2017 $8,050 $27,500 $3,800 $23,700
2016 $5,129 $27,500 $3,800 $23,700
2015 -- $27,500 $3,800 $23,700
2014 -- $27,500 $3,800 $23,700
Source: Public Records

Agents Affiliated with this Home

  • Jill Gorton

    Seller's Agent in 2023

    Jill Gorton

    Woodland Creek Real Estate

    (607) 206-4073

    52 Total Sales

    Jill Gorton
    Section Image

  • N

    Buyer's Agent in 2023

    NONMLS NONMLS

    NON MLS

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD137312

Otsego-Delaware Board of REALTORS®

APN: 123601-429-017-0002-023-000

New York Delaware County Hancock 13783

159 E Front St, Hancock, NY

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