NOT LISTED FOR SALE

Estimated Value: $2,064,000 - $2,621,871

6 Beds
6 Baths
3,240 Sq Ft
$718/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $2,375,000 $733 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $14,600/month

96 Days on Market

About This Home

As of December 2020

ALL SHOWINGS & OPEN HOUSES ARE APPOINTMENT ONLY
527A Hancock is a magnificent, completely renovated two-family townhouse nestled on a quiet tree-lined street on one of the most beautiful blocks of Stuyvesant Heights. Originally built in 1899, this gorgeous three-story brownstone has over 4,200 square feet of living space. The property is comprised of an exquisite owner's triplex with 5 bedrooms and 3.5 bathrooms, plus a beautiful 2 bedroom duplex garden apartment, ideal for an in-law suite or an income-generating rental unit. This masterfully developed brownstone combines classic townhouse living with state-of-the-art technological conveniences for today's modern lifestyle. As you enter the parlor floor of the owner's unit, you are greeted with dramatic 10' high ceilings, oversized windows, a spectacular decorative fireplace with ornate hand carved details and stunning 4-inch wide plank white oak floors. The breathtaking floor-through parlor level is the perfect place for either hosting parties or peaceful tranquility after a long day at work. The expansive open-concept living room and dining room are flooded with natural light and lead to an exquisite, state of the art eat-in kitchen. The kitchen boasts professional stainless steel appliances, including Electrolux ICON oven and microwave, Thor 6-burner range, LG Studio refrigerator and Bosch dishwasher. The imported Italian kitchen cabinetry are made of Palomino Noche & Cashmere Opaco by Stosa. The white-tiled backsplash and white Carrera Quartz countertops complete the flawlessly designed chef's kitchen. Directly off the kitchen are beautiful french doors which open onto a spacious 16 ft. wide deck which overlooks the backyard and is perfect for entertaining or al fresco dining. The stairs off the deck lead down to a beautifully landscaped fenced-in garden. The third floor is comprised of 3 spacious bedrooms, an en-suite bathroom, an additional spa-like bathroom and a laundry closet. The bedrooms offer walk-in closet space and oversized windows. The mouth-dropping top floor features a full-floor master suite where natural sunlight pours in through multiple skylights, as well as oversized north and south facing windows. The extravagant en-suite bathroom is a place of tranquility and features a beautiful black, white & teal tiled floor with deep-soaking bathtub, a luxurious glass-enclosed rain shower and his-and-her vanity sinks. There is also a sitting room, which can easily be used as a home office, nursery, gym or library. A tremendous walk-in closet with dressing room is any homeowner's dream. The duplex garden apartment boasts 2 bedrooms and 1 bathroom, access to the private backyard and a spacious open-concept living room and kitchen. The kitchen features stainless steel appliances, white subway tile and granite countertops. The apartment has a private entrance, conveniently accessed by the tenant as well as the owner from the lower level. Additionally, the home features a huge finished basement with a recreation room, laundry closet, powder room and lots of storage space. No expense was spared in this impeccable renovation. The property has a new roof, all new electrical wiring, new plumbing, new mechanicals, new hardwood floors and new architectural-series Pella windows. The home also has modern amenities such as 5-zone central heating and air conditioning for year-round climate control, four high-res security cameras with smartphone integration throughout the exterior of the home and indoor/outdoor audio capabilities with a state-of-the-art 3-zone speaker system.

Last Agent to Sell the Property

Allison Dubuisson

Douglas Elliman Real Estate License #10301217375 Listed on: 07/17/2020

Douglas Elliman Real Estate

Co-Listed By

Fredrik Eklund

Douglas Elliman Real Estate License #10301206888

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Interior Spaces

  • 3,240 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Community Details

  • 2 Units
  • Bed Stuy Subdivision

Listing and Financial Details

  • Tax Block 1655

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Lewis Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BED-STUY
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 3240.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 6
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 4
  • Year Built: 1899

Tax Info

  • Tax Block: 1655

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Dec 23, 2020
Sold by
The Residence At Hancock 527A Llc
Bought by
Ari Venture Inc
Seller's Agent
Allison Dubuisson
Douglas Elliman Real Estate
List Price
$2,495,000
Sold Price
$2,375,000
Premium/Discount to List
-$120,000
-4.81%
Current Estimated Value
$2,666,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,284
Avg. Annual Appreciation
-0.42%

Purchase Details

Closed on
Aug 21, 2017
Sold by
Cutkelvin Hope A
Bought by
The Residence At Hancock 527A Llc

Purchase Details

Closed on
Apr 20, 2016
Sold by
Cutkelvin Hope A
Bought by
Cutkelvin Hope A and Hageb Sylvia A
Source: Public Records
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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
Ari Venture Inc $2,375,000 --
The Residence At Hancock 527A Llc $1,200,500 --
Cutkelvin Hope A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2020 12/28/20 Sold $2,375,000 -4.8% $733 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $2,495,000 -- $770 / 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 $9,065 $144,240 $29,700 $114,540
2024 $9,065 $113,940 $29,700 $84,240
2023 $8,647 $121,500 $29,700 $91,800
2022 $8,449 $133,140 $29,700 $103,440
2021 $8,606 $102,780 $29,700 $73,080
2020 $8,334 $116,340 $29,700 $86,640
2019 $8,022 $121,800 $29,700 $92,100
2018 $4,309 $21,139 $6,507 $14,632
2017 $3,967 $20,928 $5,197 $15,731
2016 $3,641 $19,764 $6,535 $13,229
2015 $2,161 $18,662 $9,264 $9,398
2014 $2,161 $17,616 $10,499 $7,117
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10649259

Real Estate Board of New York (REBNY)

APN: 01655-0073