$1,799,000
Updated 7 years ago
Off Market

408 Hancock Street

Bedford Stuyvesant, Brooklyn | Throop Ave & Marcus Garvey Blvd

5 Rooms7 Beds4 Baths3,500 Square FeetMulti-Family

$1,799,000
floors / apts4 / 3
Lot Size16'x100'
Built Size16'x52'
ZoneR6B
Building TypeTownhouse
RE Taxes$5,458
Price Per SF
$514

Listing Features

  • Beamed Ceilings

Property Description for 408 Hancock Street

408 Hancock is a huge 4 story limestone home on one of Bed Stuy's most desirable blocks. This home is over 3500 square feet and 52' deep with lovely window bays in both the front and rear. It is configured as an owner's garden, parlor, and cellar apartment with two high income floor through rentals above it. The owners unit has 3 full bedrooms, new kitchen, two bathrooms, working fireplace, beamed ceilings, original floors, washer/dryer and lovely south facing garden. The two rentals are a 3 bed/1bath and a 2 bed/1bath - both renovated which can be delivered rented with combined rents of $5000 per month. This townhouse can be a home with rental income, or a full investment property.

Hancock Street is perhaps the single most desirable street in Bed Stuy. This home is in very close proximity to burgeoning restaurant rows on Tompkins and Lewis Avenue. Notable nearby hotspots include Saraghina, Peaches, L'Antogoniste, and Eugene & Co. The commute to Manhattan is quick and easy with the A and C express train stop.

Listing History for 408 Hancock Street

Now
06/21/2019
TOM by Alexander Maroni
Douglas Elliman
06/06/2019
$1,799,000 [-$100,000] [5.3%]
Price Drop by Alexander Maroni
Douglas Elliman

Building Details for 408 Hancock Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

Kingston-Throop Avs
0.26 miles

Citi Bike

Marcus Garvey Blvd & Macon St
0.1 miles
Putnam Ave & Throop Ave
0.14 miles

Contact Agents

Contact Agents

Alexander Maroni
Douglas Elliman
Bren Salamon
Douglas Elliman

Bedford Stuyvesant | Brooklyn

Quick Profile

Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood. 

Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue. 

At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 76221TH