NOT LISTED FOR SALE

Estimated Value: $917,979 - $991,000

Studio
-- Bath
2,000 Sq Ft
$474/Sq Ft Est. Value

Last Sold December 03, 2024

Last sale price $900,000 $450 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,131/month

39 Days on Market

About This Home

As of December 2024

Discover an exceptional development opportunity at 465 Hancock Street, located in the heart of Bedford Stuyvesant. This vacant lot, zoned R6B, is ideal for creating a new landmark in one of Brooklyn's most cherished neighborhoods. R6B districts are known for their traditional row houses that preserve the harmonious streetscape of 19th-century four-story attached buildings. Many of these homes feature charming stoops and small front yards, reminiscent of Brooklyn's iconic brownstone neighborhoods. With a lot size of 2,000 sq ft (20 ft x 100 ft), this property boasts a residential FAR of 2, allowing for a maximum usable floor area of 4,000 sq ft. Additional details include a building class of zoned residential (V0), a facility FAR of 2, a tax class of 1B, and an annual property tax of $2,386. This prime location provides the perfect canvas to develop a residence that complements the historical elegance and architectural continuity of the area. Nearby transportation includes the C train at Kingston-Throop or the G train at at Bedford-Nostrand Avs, and only a short jaunt to Herbert Von King Park, YMCA, and steps away from the shopping and dining districts along Tompkins Avenue & Marcus Garvey Boulevard.

Last Agent to Sell the Property

Jason Abrishami

Douglas Elliman Real Estate License #10301216796 Listed on: 07/05/2024

Douglas Elliman Real Estate

Co-Listed By

Jerry Minsky

Douglas Elliman Real Estate License #30MI0708058

Last Buyer's Agent

Jason Abrishami

Douglas Elliman Real Estate License #10301216796 Listed on: 07/05/2024

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,388

Year Built

  • Built in 1910

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100.00x20.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,000 Sq Ft Home
  • 4-Story Property
  • Laundry in unit

Utilities

  • No Cooling

Community Details

  • 8 Units
  • Stuyvesant Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0066 / 01654

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,388

Year Built

Built in 1910

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 2000.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2000.0
  • Lot Size Dimensions: 100.00x20.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 4
  • Year Built: 1910

Tax Info

  • Tax Block: 01654
  • Tax Lot: 0066
  • Tax Annual: 2388.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Dec 3, 2024
Sold by
Estate Of Beverley Desouza and Estate Of Beverly Desouza
Bought by
Rh Hancock Llc
Seller's Agent
Jason Abrishami
Douglas Elliman Real Estate
Buyer's Agent
Jason Abrishami
Douglas Elliman Real Estate
List Price
$995,000
Sold Price
$900,000
Premium/Discount to List
-$95,000
-9.55%
Views
9
Current Estimated Value
$947,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,745
Avg. Annual Appreciation
4.09%

Purchase Details

Closed on
Jul 15, 2020
Sold by
Mowatt Ivor James
Bought by
Estate Of Beverley Desouza and Estate Of Beverly Desouza

Purchase Details

Closed on
Feb 15, 2001
Sold by
Desouza Beverly and Mowatt Ivor James
Bought by
Desouza Beverley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rh Hancock Llc $900,000 --
Rh Hancock Llc $900,000 --
Estate Of Beverley Desouza -- --
Estate Of Beverley Desouza -- --
Estate Of Beverley Desouza -- --
Desouza Beverley $17,000 --
Desouza Beverley -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2024 12/03/24 Sold $900,000 -9.5% $450 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $995,000 -- $498 / 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 $2,386 $11,280 $11,280 --
2024 $2,386 $11,880 $11,880 $0
2023 $2,535 $12,480 $12,480 $0
2022 $2,623 $13,140 $13,140 $0
2021 $2,904 $13,800 $13,800 $0
2019 $8,431 $136,620 $3,150 $133,470
2018 $7,876 $61,922 $1,713 $60,209
2017 $7,293 $57,341 $1,784 $55,557
2016 $6,845 $53,094 $2,065 $51,029
2015 $4,444 $53,094 $2,478 $50,616
2014 $4,444 $51,421 $2,879 $48,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10979385

Real Estate Board of New York (REBNY)

APN: 01654-0066

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