Seller's Agent in 2018
Steffen Kral
Douglas Elliman Real Estate
(917) 246-0736
5 Total Sales
446 Hancock St Brooklyn, NY 11233
Bed-Stuy NeighborhoodEstimated Value: $1,957,000 - $2,520,000
10
Beds
4
Baths
3,200
Sq Ft
$681/Sq Ft
Est. Value
About This Home
As of June 2018446 Hancock St is a fantastic income producing property located on a quiet, tree lined block in Bedford Stuyvesant. The house consists of 4 full floor apartments: a 2 bedroom 1 bathroom garden unit, a 2 bedroom 1 bathroom unit on the parlor floor and two 3 bedroom 1 bathroom units on floors 3 and 4. The upper 3 floors have recently undergone a nice renovation while the garden level is in need of some TLC. Both tenants are on month-to-month leases, so the building can be delivered vacant.
There are 2 bus stops around the corner for the B26 and B15 busses and the C-Train is only a few blocks away. The immediate neighborhood also offers a plethora of shopping, dining and entertainment options.
Last Agent to Sell the Property
Douglas Elliman Real Estate License #10301215133 Listed on: 10/27/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1899
Lot Details
- 2,004
Interior Spaces
- 3,200 Sq Ft Home
- 4-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Community Details
- 4 Units
- Bed Stuy Subdivision
Listing and Financial Details
- Legal Lot and Block 11 / 1659
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2017
Closed on
Jun 1, 2018
Sold by
Callender Neil and Griffith-Callender Jonelle
Bought by
Hum Billy and Kwok Mei-Chau
Seller's Agent
Steffen Kral
Douglas Elliman Real Estate
List Price
$1,995,000
Sold Price
$1,765,725
Premium/Discount to List
-$229,275
-11.49%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,942
Avg. Annual Appreciation
2.80%
Original Mortgage
$1,236,005
Outstanding Balance
$1,064,420
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,115,247
Purchase Details
Closed on
May 17, 2010
Sold by
Cypress Equities Inc
Bought by
Callender Neil
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$694,636
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 29, 2009
Sold by
446 Hancock Street Trust and Shimon Sabah As Successor Trustee
Bought by
Akitoye Babatunde Akofiranmi
Purchase Details
Closed on
Oct 28, 2009
Sold by
Akitoye Babatunde Akofiranmi
Bought by
Cypress Equities Inc
Purchase Details
Closed on
Sep 9, 2009
Sold by
Akitoye Babatunde A
Bought by
446 Hancock Street Trust and Surpris As Trustee Bruno
Purchase Details
Closed on
Apr 20, 2006
Sold by
Johnson Quienton
Bought by
Akitoye Babatunde Akofiranmi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.34%
Purchase Details
Closed on
Oct 11, 1996
Sold by
Richards Dossey
Bought by
Johnson Quienton
Purchase Details
Closed on
Jan 26, 1990
Sold by
Exxpand Realty Corp
Bought by
Richards Dossey
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hum Billy | $1,765,725 | -- | |
| Hum Billy | $1,765,725 | -- | |
| Callender Neil | $707,450 | -- | |
| Callender Neil | $707,450 | -- | |
| Akitoye Babatunde Akofiranmi | -- | -- | |
| Akitoye Babatunde Akofiranmi | -- | -- | |
| Cypress Equities Inc | $325,000 | -- | |
| Cypress Equities Inc | $325,000 | -- | |
| 446 Hancock Street Trust | -- | -- | |
| 446 Hancock Street Trust | -- | -- | |
| Akitoye Babatunde Akofiranmi | $750,000 | -- | |
| Akitoye Babatunde Akofiranmi | $750,000 | -- | |
| Akitoye Babatunde Akofiranmi | $750,000 | -- | |
| Johnson Quienton | $185,000 | Chicago Title Insurance Co | |
| Johnson Quienton | $185,000 | Chicago Title Insurance Co | |
| Richards Dossey | -- | Chicago Title Insurance Co | |
| Richards Dossey | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hum Billy | $1,236,005 | |
| Closed | Hum Billy | $1,236,005 | |
| Previous Owner | Callender Neil | $694,636 | |
| Previous Owner | Akitoye Babatunde Akofiranmi | $150,000 | |
| Previous Owner | Akitoye Babatunde Akofiranmi | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/06/2018 06/06/18 | Sold | $1,765,725 | -11.5% | $552 / Sq Ft |
| 05/07/2018 05/07/18 | Pending | -- | -- | -- |
| 10/30/2017 10/30/17 | For Sale | $1,995,000 | -- | $623 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
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 | $5,181 | $132,420 | $22,860 | $109,560 |
| 2024 | $5,181 | $109,080 | $22,860 | $86,220 |
| 2023 | $4,948 | $123,780 | $22,860 | $100,920 |
| 2022 | $4,864 | $114,480 | $22,860 | $91,620 |
| 2021 | $5,081 | $109,920 | $22,860 | $87,060 |
| 2020 | $2,383 | $99,660 | $22,860 | $76,800 |
| 2019 | $4,497 | $83,580 | $22,860 | $60,720 |
| 2018 | $4,139 | $20,304 | $6,077 | $14,227 |
| 2017 | $4,139 | $20,304 | $6,528 | $13,776 |
| 2016 | $4,022 | $20,119 | $8,730 | $11,389 |
| 2015 | $2,310 | $18,984 | $12,354 | $6,630 |
| 2014 | $2,310 | $17,914 | $10,733 | $7,181 |
Source: Public Records
Agents Affiliated with this Home
-
Steffen Kral
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10102584
APN: 01659-0011
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