398A Hancock St Brooklyn, NY 11216
Bed-Stuy NeighborhoodEstimated Value: $1,583,220 - $2,475,000
            
                --
                Bed
            
            
            
                --
                Bath
            
            
            
                4,036
                Sq Ft
            
            
                
                    $506/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 398A Hancock St, Brooklyn, NY 11216 and is currently estimated at $2,042,555, approximately $506 per square foot. 398A Hancock St is a home located in Kings County with nearby schools including P.S. 44 Marcus Garvey, Success Academy Charter School-NYC 9, and Brooklyn Ascend Charter School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jun 9, 2017
            
        
                Sold by
            
            
                Mac Conglomerate Llc
            
        
                Bought by
            
            
                Lion Of Bronx Llc
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $820,000
            
        
                Outstanding Balance
            
            
                $682,069
            
        
                Interest Rate
            
            
                4.02%
            
        
                Mortgage Type
            
            
                Commercial
            
        
                Estimated Equity
            
            
                $1,360,486
            
        Purchase Details
                Closed on
            
            
                Sep 1, 2006
            
        
                Sold by
            
            
                Buckingham Development Associates
            
        
                Bought by
            
            
                Mac Conglomerate Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $306,000
            
        
                Interest Rate
            
            
                6.71%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Lion Of Bronx Llc | $1,300,000 | -- | |
| Mac Conglomerate Llc | $542,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Lion Of Bronx Llc | $820,000 | |
| Previous Owner | Mac Conglomerate Llc | $306,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $6,666 | $119,040 | $25,740 | $93,300 | 
| 2024 | $6,666 | $117,960 | $25,740 | $92,220 | 
| 2023 | $6,359 | $112,380 | $25,740 | $86,640 | 
| 2022 | $5,897 | $123,120 | $25,740 | $97,380 | 
| 2021 | $5,865 | $122,940 | $25,740 | $97,200 | 
| 2020 | $2,915 | $126,840 | $25,740 | $101,100 | 
| 2019 | $5,786 | $100,860 | $25,740 | $75,120 | 
| 2018 | $5,319 | $26,092 | $9,641 | $16,451 | 
| 2017 | $5,018 | $24,616 | $7,339 | $17,277 | 
| 2016 | $4,642 | $23,223 | $9,346 | $13,877 | 
| 2015 | $2,801 | $23,223 | $11,784 | $11,439 | 
| 2014 | $2,801 | $23,048 | $12,843 | $10,205 | 
                Source: Public Records
                    
            
        Map
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