Seller's Agent in 2021
MARK MARTOV
Corcoran Group
(212) 355-3550
24 in this area
73 Total Sales
Estimated Value: $1,444,000 - $2,463,070
Old world-details meet modern barn house, in the meticulous remodeling of this legal 3-family town home at 525 Hancock Street. It was thoughtfully redesigned to replicate the owner's grandparents' house and is the perfect antidote to the "quick flip" properties that are most commonly seen in the area. Here, period details are celebrated and rejuvenated (not erased). Take a moment to admire the beautiful facade of this nearly 19' wide and 100' lot beauty before entering the garden level of the owner's duplex, and you'll see why. First, find yourself in the proper entry foyer-once coats, shoes and umbrellas go in their proper place-make your way into the bright, open-concept, living and dining room that leads to a glorious kitchen. Admire the gorgeously detailed and tiled decorative fireplace (one of seven in the house) before walking across the lush, walnut-stained floors and past the hammered tin wainscoting and exposed brick. The kitchen melds country charm with modern convenience with light sea-foam green, shaker cabinets for abundant storage, butcher block counter tops and a center island that all sit atop white penny tiles. A full bathroom with equally tasteful design sense sits adjacent to the kitchen. Dine in or take the party directly out back into your leafy and verdant backyard. Did anyone say, "Summertime Barbecue"? Have at it, with a cooking station replete with refrigerator and counter space and grill and entertain until your heart's content.The parlor level has been transformed from three bedrooms to two massive ones and can easily be converted back. The bedrooms are bright and cleverly delineated with period pocket doors, and also include ample closet space and a washer/dryer. Two more impeccably preserved decorative fireplaces adorn the front and rear bedrooms. A windowed full bathroom with claw foot tub and two entrances rounds out this peaceful floor.Cover your mortgage, with two highly desirable rentals located on the top two floors. The third-floor oozes charm and features two decorative mantles, a sizable bedroom, a large study and a separate den-along with ample closet space and a washer/dryer. The entire unit is basked in sunlight and has tranquil views over the rear yard and trees. The bathroom on this level also includes a claw foot tub.Transport yourself to a loft in Paris when you enter the top floor, one-bedroom plus den rental with two decorative fireplaces. Three skylights bathe this unit in sunlight all day long. It also includes a washer/dryer.To say there is nothing like 525 Hancock Street on the market would be an understatement, and the heart and soul that was put into this home is abundantly clear with every turn. Nestled in the heart of Stuyvesant Heights, near all of the restaurants, shops and bars that make the neighborhood a go-to destination, and mere blocks from multiple subway lines, this income earning beauty is must-see.
Last Agent to Sell the Property
Corcoran Group License #10401264653 Listed on: 05/13/2021
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forman Eric | $2,195,000 | -- | |
| Guge Ashley | $1,200,500 | -- | |
| 525 Hancock St Llc | $635,000 | -- | |
| Gurley Hezron A | $145,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Forman Eric | $700,480 | |
| Previous Owner | Guge Ashley | $840,350 | |
| Previous Owner | Gurley Hezron A | $145,900 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/20/2021 08/20/21 | Sold | $2,195,000 | +9.8% | $892 / Sq Ft |
| 06/02/2021 06/02/21 | Pending | -- | -- | -- |
| 05/13/2021 05/13/21 | For Sale | $1,999,995 | -- | $813 / Sq Ft |
| 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 | $6,197 | $96,600 | $19,320 | $77,280 |
| 2024 | $6,197 | $84,360 | $19,320 | $65,040 |
| 2023 | $6,266 | $85,620 | $19,320 | $66,300 |
| 2022 | $6,112 | $93,120 | $19,320 | $73,800 |
| 2021 | $6,079 | $71,880 | $19,320 | $52,560 |
| 2019 | $5,379 | $69,060 | $19,320 | $49,740 |
| 2018 | $5,241 | $25,712 | $10,414 | $15,298 |
| 2017 | $5,201 | $25,516 | $8,341 | $17,175 |
| 2016 | $4,812 | $24,073 | $8,749 | $15,324 |
| 2015 | $2,684 | $22,711 | $12,394 | $10,317 |
| 2014 | $2,684 | $21,427 | $11,986 | $9,441 |
Seller's Agent in 2021
MARK MARTOV
Corcoran Group
(212) 355-3550
24 in this area
73 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10718174
APN: 01655-0076