NOT LISTED FOR SALE

Estimated Value: $2,121,745

5 Beds
4 Baths
2,916 Sq Ft
$728/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $2,149,000 $737 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $11,819/month

90 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • Building Terrace

About This Home

As of September 2018

A gut-renovated two-family brownstone graced with chic finishes and a host of restored original details, 729 Hancock is a study in contemporary Brooklyn luxury. Features of this 20-ft wide townhouse include gorgeous wide plank walnut floors, central heating and cooling, exposed brick walls, in-home washers/dryers, a landscaped backyard, a sky lit staircase, an income-producing rental unit, and charming original details that include pocket doors, arched windows with attached shutters, and beautiful fireplaces.

The owner's duplex consists of 3 large bedrooms, 2.5 immaculate bathrooms, and a finished cellar. The lower level of the duplex opens into a tasteful entry hall that has easy access to a marble powder room as well as an expansive living and dining space that can be separated by pocket doors. The living area boasts a wood-burning fireplace, while the dining area leads into a custom eat-in kitchen equipped with a decorative fireplace, Carrara marble countertops, a tiled backsplash, a farmhouse sink, and a suite of high-end stainless steel appliances from Viking and Wolf. The kitchen flows out onto a private terrace that has access to the backyard.

All three bedrooms sit on the upper level of the owner's duplex. The master bedroom overlooks the backyard and possesses a decorative fireplace, his-and-hers closets, an additional reach-in closet, and a sublime en-suite bathroom with marble walls and floors, dual vanity sinks, a glass-enclosed rain shower, and a free-standing soaking tub. The second bedroom has a walk-in closet and a decorative fireplace while the third bedroom has a pair of large windows. Both share access to a pristine full bathroom.

The 2-bedroom, 1-bathroom garden level rental unit features an open plan living room, dining room and kitchen as well as a convenient in-home washer/dryer and access to the backyard. Both bedrooms have private closets and share access to a large full bathroom.

729 Hancock is nestled on a picturesque tree-lined street in Bedford-Stuyvesant. The home is close to a number of grocery stores, restaurants, cafes, and bars, and is only three blocks away from both Reinaldo Salgado Playground and Saratoga Square Park. Nearby subway lines include the A/C/J/Z.

Last Agent to Sell the Property

Sara Golan

Serhant License #10301215946 Listed on: 06/05/2018

Serhant

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,233

Year Built

  • Built in 1899

Lot Details

  • 2,004

Home Design

  • Pre War Building

Interior Spaces

  • 2,916 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Terrace
  • Lot Dimensions are 20.0 x 100.0

Community Details

  • Stuyvesant Heights Subdivision
  • Building Terrace

Listing and Financial Details

  • Legal Lot and Block 88 / 1658

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,233

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Patchen Avenue/Ralph Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 2916.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1658
  • Tax Lot: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Sep 4, 2018
Sold by
Green Developers Nyc Llc
Bought by
Ratliff Julia and Ratliff Thomas
Seller's Agent
Sara Golan
Serhant
List Price
$2,149,000
Sold Price
$2,149,000
Current Estimated Value
$2,121,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,255
Avg. Annual Appreciation
-0.18%
Original Mortgage
$1,611,750
Outstanding Balance
$1,405,670
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$716,075

Purchase Details

Closed on
Oct 27, 2017
Sold by
Estate Of Llewel Tempro
Bought by
Green Developers Nyc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,037,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ratliff Julia $2,149,000 --
Green Developers Nyc Llc $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratliff Julia $1,611,750
Previous Owner Green Developers Nyc Llc $1,037,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2018 09/04/18 Sold $2,149,000 0.0% $737 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $2,149,000 -- $737 / 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 $7,233 $131,700 $21,300 $110,400
2024 $7,233 $107,580 $21,300 $86,280
2023 $7,051 $105,780 $21,300 $84,480
2022 $6,674 $95,700 $21,300 $74,400
2021 $7,036 $100,620 $21,300 $79,320
2020 $5,277 $91,080 $21,300 $69,780
2019 $4,497 $90,900 $21,300 $69,600
2018 $4,163 $20,420 $5,299 $15,121
2017 $3,944 $19,347 $5,464 $13,883
2016 $3,868 $19,347 $7,377 $11,970
2015 $2,201 $18,984 $9,516 $9,468
2014 $2,201 $17,914 $10,776 $7,138
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10832331

Real Estate Board of New York (REBNY)

APN: 01658-0088