$999,000
Updated 6 years ago
Off Market

531 Hancock Street

Bedford Stuyvesant, Brooklyn | Lewis Ave & Stuyvesant Ave

3,600 Square FeetIncome Property

$999,000
floors / apts4 / 6
Lot Size18'x100'
Built Size18'x50'
ZoneR6B
Building TypeTownhouse
RE Taxes$7,009
Price Per SF
$278

Building Amenities

  • Voice Intercom

Property Description for 531 Hancock Street

A long-term investors dream! Stately 6-family brownstone in the beautiful Stuyvesant Heights located on a tree-lined block in Bedford Stuyvesant. This brownstone is currently configured with two, 1-bedroom apartments on the garden and parlor floors, and 4 studios on the third and fourth floors. There is one vacancy. This is a rent stabilized building. Perfect for the investor who wants to buy and hold. Sold as is. This building may also be purchased as a package with 211 Irving Avenue. See link below.

211 Irving Avenue - 6 Unit Townhouse

Listing History for 531 Hancock Street

Now
09/16/2020
POM by Audrey M. Edwards
Brown Harris Stevens
09/02/2020
Contract Signed by Audrey M. Edwards
Brown Harris Stevens

Building Details for 531 Hancock Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/6
Learn More About the Building

Transit and Citi Bike

Subway

Utica Av
0.4 miles
Kingston-Throop Avs
0.48 miles

Citi Bike

Hancock St & Stuyvesant Ave
0.1 miles
Macon St & Lewis Ave
0.12 miles

Contact Agents

Contact Agents

Audrey Edwards
Brown Harris Stevens
Leigh Wallace
Brown Harris Stevens

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: 77064TH