701 Hancock St, Brooklyn, NY 11233

-- beds-- baths2,565 sqft Edit

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Sold: $499,000
Sold on 09/27/13
Zestimate®: $1,070,069
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Are you looking for brownstone in bedford stuyevesant for under $500,000? This solid two family brownstone is great for any first time homebuyer. This house has great potential as some of the original details including exposed brick and fireplaces are still in good shape. The house could use some TLC but it has great bones and character. All of the mechanicals have been updated including new bathrooms and kitchen cabinets. The house has a two bedroom duplex for the owner with a basement and large backyard. The very large kitchen is great for holiday gatherings and those who love to entertain. The top floor rental offers two bedrooms and one bath. To qualify, it must be your primary residence, your annual income cannot exceed $125,000 and you must be a first time homebuyer. This home is subsidized by one of city's neighborhood homes program. If you meet this criteria or have further questions about the program please call me today for an appointment.  More Less 

Facts

  • Lot: 1,950 sqft
  • Townhouse
  • Built in 1899
  • Last sold: Sep 2013 for $499,000
  • Last sale price/sqft: $195

Construction

  • Stories: 2
  • Unit count: 2

Other

  • Floor size: 2,565 sqft
  • Last remodel year: 1899
  • Lot depth: 100
  • Lot width: 19
  • Parcel #: 016570053
  • Zillow Home ID: 30604574

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$1,070,069
+$29,306 Last 30 days
$888K
$1.24M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,155/mo
+$4 Last 30 days
$1.7K
$3.2K
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Popularity on Zillow

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Comparable Homes

Homes like this sold for $899K-1.3M.

$790K
$1.41M

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Market guide

Zillow predicts Bedford Stuyvesant home values will rise 6% next year, compared to a 2% rise for New York as a whole. Among Bedford Stuyvesant homes, this home is valued 85.9% more than the midpoint (median) home, but is valued 54.2% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Bedford Stuyvesant, the number of foreclosures waiting to be sold is 887.5% higher than in New York, and 24.8% lower than the national average. This higher local number may prevent Bedford Stuyvesant home values from rising as quickly as other regions in New York.

Learn more about forecast calculations or Bedford Stuyvesant home values.
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    Nearby Schools in New York

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