NOT LISTED FOR SALE

222 Hancock St Unit 1 Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,584,000 - $2,508,121

3 Beds
3 Baths
3,127 Sq Ft
$664/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $2,250,000 $720 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $12,549/month

145 Days on Market

Highlights

  • River View
  • Garden
  • 4-minute walk to Potomac Playground
  • Pre War Building

About This Home

As of May 2021

The crown jewel of condominium living in Bed Stuy, Unit 1 at 222 Hancock occupies the entire parlor, garden, and finished basement floors of a rare 20' X 70' townhouse on arguably the single best block in the neighborhood. Offering 3127 square feet, this home offers as much space as most full townhouses, and due to its 1200 s.f. footprint, your lifestyle will be far more horizontal than in a typical 4 story walkup.





Unit 1 is one of the grandest, and most lovingly restored condominium homes ever offered in Bed Stuy. It is a 3,127 square foot 3 Bedroom, 3 baths + 2 half bath triplex with an expansive deck, gas grill, and an L shaped, 25' wide backyard. The 70' triple parlor floor is a true showpiece and an entertainer's dream. It features soaring ceilings with original plaster details and over 1,250 square feet of entertaining, living, and dining space. It has floors with original inlays, a pier mirror, original built-ins, pocket shutters, and a beautiful antique mantle with a working gas fireplace. Rare stained glass windows are accented, flooding the apartment with natural northern and southern sunlight. The huge chef's kitchen features high-end stainless steel appliances, a large statuary island, and a breakfast bar area with stunning woodwork. On this level and just off the kitchen, is a wrap-around, 206 square foot deck, perfect for grilling and entertaining.











An exquisitely designed staircase leads down to the backyard perfect for relaxing and/or gardening. On the floor below are three very large bedrooms all with en-suite baths. The master bedroom suite includes two separate closets and an implacably designed master bathroom with double vanities, heated flooring, and a steam shower. The stone-lined wine cellar is temperature regulated and is perfect for wine connoisseurs! The rec-room level has an additional working fireplace. The home has central AC; heat zoned by room, a washer/dryer, and video intercom. Conveniently surrounded by the best that Bed Stuy has to offer including trendy shops/restaurants (Peaches Hot House, Eugene & Company, Hart's, Saraghina, Black Swan, Le Paris Dakar, Bed-Vyne Brew). The C, and A express train (which will get you to Manhattan faster than the C from Clinton Hill!), and the LIRR are extremely close.











This home is a superb townhouse alternative offering horizontal living, preserved detail, and a location that is difficult to match.











The sale of the units within 222 Hancock Condominium is pursuant to Index Number NA17-0029, which is on file with the New York State Department of Law (the "No Action Application"). Investors are advised that sales are conducted pursuant to the No Action Application. 222 Hancock LLC, the developer of the property, shall respond to offers of interest from individuals and entities that possess a background in acquiring real estate or engaging in commercial real estate transactions in New York City. Equal housing opportunity.

Last Listed By

Alexander Maroni

Douglas Elliman Real Estate License #10301201619 Listed on: 10/06/2020

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,492

Year Built

  • 1899

Lot Details

  • 2,265

HOA Fees

  • $461 Monthly HOA Fees

Home Design

  • Triplex
  • Pre War Building

Interior Spaces

  • 3,127 Sq Ft Home
  • 4-Story Property
  • River Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Garden
  • No Cooling

Community Details

  • 2 Units
  • Bed Stuy Subdivision

Listing and Financial Details

  • Tax Block 1838

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,492

Year Built

1899

Lot Details

0

HOA Fees

$461 per month

Listing Details

  • Cross Street: Marcy ave /Nostarnd Ave
  • Exposures: North,South
  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: BED-STUY
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built (Public Record): 1899

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 3127.0
  • Living Area Units: Square Feet
  • Rooms (Total): 13

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: Garden

Utilities

  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 461.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 4

Tax Info

  • Tax Block: 1838
  • Tax Annual: 3492.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
May 18, 2021
Sold by
222 Hancock Llc
Bought by
Roberts Holdings Louisville Llc
Seller's Agent
Alexander Maroni
Douglas Elliman Real Estate
List Price
$2,250,000
Sold Price
$2,250,000
Total Days on Market
145
Current Estimated Value
$2,076,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$173,970
Avg. Annual Appreciation
-2.19%

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
Roberts Holdings Louisville Llc $2,225,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $2,250,000 0.0% $720 / Sq Ft
10/06/2020 10/06/20 For Sale $2,250,000 0.0% $720 / Sq Ft
11/19/2018 11/19/18 Rented -- -- --
10/20/2018 10/20/18 Under Contract -- -- --
09/08/2018 09/08/18 For Rent $7,000 -- --
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
2024 $6,000 $109,351 $16,613 $92,738
2023 $5,661 $101,229 $16,613 $84,616
2022 $5,724 $93,329 $16,613 $76,716
2021 $5,887 $64,939 $16,613 $48,326
2020 $5,586 $40,277 $16,613 $23,664
2019 $5,208 $35,035 $16,613 $18,422
2018 $0 $23,487 $6,124 $17,363
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10673605

Real Estate Board of New York (REBNY)

APN: 01838-1101