NOT LISTED FOR SALE

371 Hancock St Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $2,116,000 - $2,779,000

5 Beds
3 Baths
2,940 Sq Ft
$836/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $1,900,000 $646 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $13,670/month

61 Days on Market

Highlights

  • Pre War Building
  • Eat-In Kitchen
  • 5-minute walk to Potomac Playground
  • Furnished
  • Intercom

About This Home

As of April 2020

This magnificent Edwardian brownstone with original turn of the century detail and craftsmanship is a one of a kind. Lovingly restored throughout, it boasts large, light-filled rooms with original hardwood floors, mahogany doors, 12-foot ceilings (with original moldings) and hand-carved cherry wood shutters. Each room has its own ornamental fireplace with marble mantle and the bathrooms give all the options one could ask for: One maintains a classic clawfoot tub, one a jacuzzi, and the final is a chic slate bathroom with a spacious shower. Right outside the kitchen is a lovely landscaped garden with a Jerusalem stone patio where you can enjoy an evening entertaining friends.

Charm and character exude from every corner. This lovely, comfortable home has a modern chic finish with eat-in kitchen and Island, separate dining area, and state of the art stainless steel appliances. Wired for high-speed wireless internet in every room. Landscaped garden with Jerusalem stone patio. Full basement with complete laundry room. What more could you possibly need

The Neighborhood:

Bedford-Stuyvesant has become the hottest part of Brooklyn. It is a beautiful and historic neighborhood with a trendy young spirit. Quiet, vibrant, and super friendly. Make sure you visit their local farmers market and Tompkins Avenue, with all its local haunts. So many exciting new restaurants and cafes are opening up that it's getting harder to keep up with the changes.

Located in the historic district of Bedford-Stuyvesant only 15 minutes from the Barclay Center, Prospect Park, Brooklyn Botanical Gardens/Zoo, & The Museum of Art.

Nowhere else are you able to find such luxuriously spacious living in the heart of New York City just a 20-minute subway ride to Manhattan. Be surrounded by warm and friendly neighbors in this peaceful area. You can find an abundance of fresh fruits, vegetables, and other foods at the local grocery stores. New local restaurants and cafes are cropping up every day. Customer lines are forming around blocks for famous new establishments "Peaches" and (vegetarian) "Saraghina". Fashionable Fort Greene and Williamsburg are only minutes away on foot, by bus, or subway and home to some of today's best bars and restaurants in Brooklyn.

Reach out now to see this gem!

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,183

Year Built

  • Built in 1899

Lot Details

  • 1,742

Home Design

  • Duplex
  • Pre War Building

Interior Spaces

  • 2,940 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Intercom
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1835

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,183

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Thompkins
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 2940.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 4
  • Year Built: 1899

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Block: 1835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Apr 16, 2020
Sold by
Ambalo Ruty
Bought by
Shouse Seadon and Shouse Veera
List Price
$1,900,000
Sold Price
$1,900,000
Current Estimated Value
$2,456,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,960
Avg. Annual Appreciation
4.78%
Original Mortgage
$1,500,000
Outstanding Balance
$1,333,790
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,123,170

Purchase Details

Closed on
Nov 2, 2006
Sold by
Cordero Ramonita and Gore Lynn
Bought by
Ambalo Ruty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,300
Interest Rate
6.33%

Purchase Details

Closed on
Oct 27, 2004
Sold by
Johnson Gwendolyn
Bought by
Cordero Ramonita and Gore Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Shouse Seadon $1,900,000 --
Ambalo Ruty $931,500 --
Ambalo Ruty $931,500 --
Cordero Ramonita $448,000 --
Cordero Ramonita $448,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shouse Seadon $1,500,000
Previous Owner Ambalo Ruty $186,300
Previous Owner Ambalo Ruty $745,200
Previous Owner Cordero Ramonita $403,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2020 04/15/20 Sold $1,900,000 0.0% $646 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $1,900,000 -- $646 / 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 $8,183 $142,140 $13,320 $128,820
2024 $8,183 $112,260 $13,320 $98,940
2023 $8,013 $120,000 $13,320 $106,680
2022 $7,754 $102,660 $13,320 $89,340
2021 $5,429 $91,800 $13,320 $78,480
2020 $2,699 $92,880 $13,320 $79,560
2019 $5,097 $77,700 $13,320 $64,380
2018 $4,747 $23,288 $4,809 $18,479
2017 $4,644 $22,780 $5,721 $17,059
2016 $4,297 $21,496 $4,588 $16,908
2015 $2,592 $21,496 $5,165 $16,331
2014 $2,592 $20,304 $5,851 $14,453
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10602107

Real Estate Board of New York (REBNY)

APN: 01835-0049

New York Kings County Brooklyn 11216 Bed-Stuy

371 Hancock St, Brooklyn, NY

This home is located at 371 Hancock St, Brooklyn, NY 11216 since 16 January 2020 and is currently estimated at $2,456,960, approximately $835 per square foot. This property was built in 1899. 371 Hancock St is a home located in Kings County with nearby schools including P.S. 44 Marcus Garvey, Leadership Preparatory Bedford Stuyvesant Charter School, and The Co-Op School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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