NOT LISTED FOR SALE

542 Hancock St Brooklyn, NY 11233

Bed-Stuy Neighborhood

Estimated Value: $1,872,000 - $1,980,000

4 Beds
4 Baths
3,150 Sq Ft
$611/Sq Ft Est. Value

Last Sold February 05, 2020

Last sale price $1,675,000 $532 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,650/month

124 Days on Market

About This Home

As of February 2020

Amazing opportunity awaits your creativity and design skills. This four story, three family, brick townhouse is located in historic Stuyvesant Heights on tree-lined Hancock street, arguably the most beautiful in the neighborhood. This home is currently configured as an owner's duplex with a lush garden and two income producing 1.5 bedroom apartments on the third and fourth floors. Many of its details are still intact, including ceiling molding, medallions, shutters, and banisters. Already in great shape and living condition, you can choose to restore the original beauty of this Brooklyn classic at your own pace as you put your own touch on the finishes while still collecting rent from the upper floor apartments.

542 Hancock is conveniently located on a prime Bedford Stuyvesant block between Lewis and Stuyvesant and is just a few minutes away from the A/C Utica Ave subway stop on Fulton Street. Walk through Fulton Park and afterwards go to some of the beloved neighborhood staples like Sincerely Tommy, L'Antagoniste, Cafe Luntico, Eugene and Co, Bed-Vyne Brew and Cocktail, Peaches and Saraghina.

Last Agent to Sell the Property

Carlos Saavedra

Park Property Advisors License #10311205130 Listed on: 08/30/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,354

Lot Details

  • 1,655

Home Design

Interior Spaces

  • 3,150 Sq Ft Home
  • 4-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Community Details

  • 3 Units
  • Bedford Stuyvesant Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,354

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 3150.0
  • Living Area Units: Square Feet
  • Rooms (Total): 13

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Building Info

  • Units: 3
  • Total Stories: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Jan 31, 2020
Sold by
542 Hancock Llc
Bought by
Bein Dean
Seller's Agent
Carlos Saavedra
Park Property Advisors
List Price
$1,695,000
Sold Price
$1,675,000
Premium/Discount to List
-$20,000
-1.18%
Current Estimated Value
$1,924,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,641
Avg. Annual Appreciation
2.62%
Original Mortgage
$1,172,500
Outstanding Balance
$1,043,087
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$895,151

Purchase Details

Closed on
Jul 20, 2016
Sold by
Grignafini Ariel
Bought by
542 Hancock Llc

Purchase Details

Closed on
May 9, 2016
Sold by
542 Hancock Llc
Bought by
Grignafini Ariel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,859
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2015
Sold by
Grignafini Ariel
Bought by
542 Hancock Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,000
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2015
Sold by
Taormino Tristan
Bought by
Grignafini Ariel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,000
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Pynchon Judith
Bought by
Taormino Tristan

Purchase Details

Closed on
Aug 4, 2000
Sold by
Brunson Marion
Bought by
Pynchon Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
8%
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
Bein Dean $1,675,000 --
Bein Dean $1,675,000 --
542 Hancock Llc -- --
542 Hancock Llc -- --
Grignafini Ariel -- --
Grignafini Ariel -- --
542 Hancock Llc -- --
542 Hancock Llc -- --
Grignafini Ariel $1,165,000 --
Grignafini Ariel $1,165,000 --
Taormino Tristan -- --
Taormino Tristan -- --
Pynchon Judith $238,000 Commonwealth Land Title Ins
Pynchon Judith $238,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bein Dean $1,172,500
Closed Bein Dean $1,172,500
Previous Owner Grignafini Ariel $172,859
Previous Owner Grignafini Ariel $815,000
Previous Owner Pynchon Judith $190,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $1,675,000 -- --
02/05/2020 02/05/20 Sold $1,675,000 -1.2% $532 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
09/03/2019 09/03/19 For Sale $1,695,000 -- $538 / 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 $5,354 $128,220 $21,000 $107,220
2024 $5,354 $101,280 $21,000 $80,280
2023 $5,414 $118,980 $21,000 $97,980
2022 $5,064 $105,840 $21,000 $84,840
2021 $5,248 $84,000 $21,000 $63,000
2020 $2,461 $97,920 $21,000 $76,920
2019 $4,647 $103,560 $21,000 $82,560
2018 $4,528 $22,213 $5,841 $16,372
2017 $4,309 $21,139 $5,886 $15,253
2016 $4,154 $20,780 $6,517 $14,263
2015 $2,405 $19,606 $8,493 $11,113
2014 $2,405 $18,511 $9,627 $8,884
Source: Public Records

Agents Affiliated with this Home

  • Carlos Saavedra

    Seller's Agent in 2020

    Carlos Saavedra

    Park Property Advisors

    (917) 686-7526

    5 in this area

    79 Total Sales

    Carlos Saavedra
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10589658

Real Estate Board of New York (REBNY)

APN: 01660-0025

New York Kings County Brooklyn 11221 Bed-Stuy

542 Hancock St, Brooklyn, NY

This home is located at 542 Hancock St, Brooklyn, NY 11233 since 30 August 2019 and is currently estimated at $1,924,641, approximately $610 per square foot. 542 Hancock St is a home located in Kings County with nearby schools including P.S. 262 El Hajj Malik El Shabazz Elementary School, La Cima Charter School, and Ember Charter School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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