NOT LISTED FOR SALE

Estimated Value: $1,807,591 - $2,396,000

4 Beds
3 Baths
2,700 Sq Ft
$788/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $2,300,000 $852 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $11,706/month

55 Days on Market

About This Home

As of August 2018

IN CONTRACT - 428A Hancock is a newly renovated two-family townhouse on a picturesque Bedford Stuyvesant brownstone block. This three-bedroom, two and a half bathroom owners duplex and cellar with a one bedroom-one bathroom garden apartment offers the perfect combination of restoration and renovation. Turn Key Ready!As you enter the duplex apartment through the parlor floor you are immediately drawn to the perfect combination of turn of the century restoration and renovation. The open and airy Parlor floor has loads of original details including original staircase, window shutters, moldings, and stained glass all perfectly flowing with the Walnut hardwood floors and custom designed chef's kitchen with blended walnut and grey cabinetry with brass hardware, marble countertops, a French Lacanche Range and custom built-in appliances. At the south end of the house, through the double wide French doors you will surely enjoy the wonderful natural stone deck off the kitchen and an amazing private OR shared garden area.On the second floor of the duplex you have the spacious master suite with three south facing windows a walk-in custom California closet and dressing area leading to the grand master en-suite bathroom with a wonderful designed marble shower with linear drain, custom double vanity, beautifully appointed fixtures and Toto toilet. Separate from the master suite, on the same floor, are two more bedrooms and a full bathroom with original clawfoot tub. As with the rest of this house, the well designed one+ bedroom garden apt keeps with the same concept of old meets new with original details and modern amenities. Completely renovated, the kitchen offers marble countertops and a stainless-steel whirlpool appliance package. An oversized bedroom, a wonderfully renovated bathroom, and an additional owner option for a bonus room with yard access make this the perfect rental unit. Tenants even pay their own utilities!Additionally, the owners duplex unit has full interior access without intruding on the garden apt rental to a finished basement with washer and dryer and a total of 900 square feet of additional recreational space. Updated and efficient throughout. Owner installed energy efficient heating and air conditioning with Fujitsi zoned air conditioning and tankless water heating system. Bed-Stuy is quickly rising to the top of Brooklyn's most loved neighborhoods. Your new home is very close to great restaurant and cozy cafes. The commute to Manhattan is quick and easy with the AC lines close by as well as easy access to the 2,3,4,5 from the Franklin Ave Shuttle.

Co-Listed By

Alexander Maroni

Douglas Elliman Real Estate License #10301201619

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,858

Year Built

  • Built in 1894

Lot Details

  • 1,830

Home Design

  • Pre War Building

Interior Spaces

  • 2,700 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Units
  • Bed Stuy Subdivision

Listing and Financial Details

  • Tax Block 1841

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,858

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Cross Street: Throop & Marcus Garvey Blvd.
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BED-STUY
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 2700.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1894

Tax Info

  • Tax Block: 1841

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Aug 6, 2018
Sold by
Moynihan Hayley
Bought by
Havalic Malik and Park Sarah Sohyun
List Price
$2,199,000
Sold Price
$2,300,000
Premium/Discount to List
$101,000
4.59%
Current Estimated Value
$2,127,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$172,852
Avg. Annual Appreciation
-1.08%
Original Mortgage
$1,725,000
Outstanding Balance
$1,498,093
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$629,055

Purchase Details

Listed on
Aug 21, 2014
Closed on
Mar 23, 2015
Sold by
Bernal Liza
Bought by
Moynihan Hayley and Naik Punit
List Price
$950,000
Sold Price
$1,175,000
Premium/Discount to List
$225,000
23.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.98%
Original Mortgage
$575,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1996
Sold by
First Home Brokerage Corp
Bought by
Bernal Muirhead

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,300
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 1996
Sold by
Ince Anthony
Bought by
Ince Illowie and Ince Marian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,300
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 1995
Sold by
Paul Gladys Gertrude
Bought by
Ince Illowie and Ince Marian
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Havalic Malik $2,300,000 --
Moynihan Hayley $1,175,000 --
Bernal Muirhead $145,000 --
Ince Illowie -- --
First Home Brokerage Corp $80,000 Lawyers Title Insurance Corp
Ince Illowie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Havalic Malik $1,725,000
Previous Owner Moynihan Hayley $575,000
Previous Owner Bernal Muirhead $142,300
Previous Owner First Home Brokerage Corp $920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2018 08/09/18 Sold $2,300,000 +4.6% $852 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $2,199,000 +87.1% $814 / Sq Ft
03/23/2015 03/23/15 Sold $1,175,000 +23.7% $435 / Sq Ft View Prior Sale
02/21/2015 02/21/15 Pending -- -- --
08/24/2014 08/24/14 For Sale $950,000 -- $352 / 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 $6,858 $106,020 $19,680 $86,340
2024 $6,858 $83,760 $19,680 $64,080
2023 $6,935 $84,600 $19,680 $64,920
2022 $6,773 $88,200 $19,680 $68,520
2021 $6,869 $96,720 $19,680 $77,040
2020 $5,152 $86,340 $19,680 $66,660
2019 $4,047 $72,180 $19,680 $52,500
2018 $3,944 $19,347 $6,234 $13,113
2017 $3,907 $19,166 $4,985 $14,181
2016 $3,307 $18,091 $5,994 $12,097
2015 $1,961 $17,067 $8,498 $8,569
2014 $1,961 $16,123 $9,631 $6,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10103544

Real Estate Board of New York (REBNY)

APN: 01841-0039