Coming Soon

490 Hancock St, Bedford-Stuyvesant, NY, 11233

$1,900,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

490 Hancock St, New York$1,900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1899
HeatingOther
CoolingNone
MLS #3592770
Lot Size0.04 Acres
Active DateDecember 06, 2024
StatusComing Soon
(A)

About 490 Hancock St

Classic 3-Family Brownstone in Prime Bedford-Stuyvesant This fully vacant three-family brownstone is a rare opportunity to own a spacious and versatile property in the heart of Bedford-Stuyvesant. Situated on a quiet, tree-lined street, this home combines historic charm with modern potential, making it an ideal project for homeowners or investors looking to add value. With its generous dimensions of 18.75 feet by 40 feet, the property offers 2,750 square feet of interior space across three stories, plus a full above-grade basement with 925 square feet of additional potential. The lot, measuring 18.75 feet by 100 feet, provides ample room for a backyard or garden, perfect for outdoor entertaining or creating a private retreat. The property features three distinct units, offering flexibility for multi-family use, rental income, or conversion into a single-family residence. Delivered in as-is condition, it is ready for the next owner to reimagine and customize to suit their needs. Located in an R6B zoning district, the property also includes 994 unused FAR, offering additional room for expansion or redevelopment. The classic brownstone fa?ade and solid brick and masonry construction provide a strong foundation and timeless aesthetic, while original details throughout add character and warmth. Set in the vibrant Bedford-Stuyvesant neighborhood, this home is surrounded by boutique shops, cafes, and restaurants, with convenient access to public transportation that connects easily to Manhattan and other parts of Brooklyn. The area is known for its strong sense of community, historic architecture, and proximity to parks and cultural landmarks. With a low annual property tax of $4,394 and abundant potential, this property is a blank canvas ready to be transformed into a dream home or profitable investment. Don't miss this opportunity to own a piece of Brooklyn history in one of its most desirable locations. Property Highlights: Interior Space: Offers 2,750 square feet across three stories, plus a full above-grade basement with 925 square feet. 5 bedroom 3 bathroom Lot Size: 18.75 ft x 100 ft, providing outdoor space for a backyard or garden. Flexible Layout: Three units offer options for multi-family living or rental income. Zoning and FAR: Located in an R6B zoning district with 994 unused FAR, allowing room for potential expansion. As-Is Sale: A perfect opportunity to renovate and design according to your vision.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1899

Listing Office:

  • Office Name: Coldwell Banker Reliable R E
  • Office Phone: (718) 921-3100

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

490 Hancock St vs New York

$1,900,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3592770

Listing Office:

  • Office Name: Coldwell Banker Reliable R E
  • Office Phone: (718) 921-3100

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/25/2024, 10:57:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1518422
8
/10
  • Brooklyn Brownstone School

  • 272 MacDonough St

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-1518423
3
/10
  • P.S. 308 Clara Cardwell School

  • 616 Quincy St

  • 0.31 miles

  • Public District Grades PK-6

school-card-donut-1518424
3
/10
  • P.S. 44 Marcus Garvey School

  • 432 Monroe St

  • 0.32 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,375. Typical income of New York, NY residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›New York›Kings County›New York›11233›490 Hancock St

This home is located at 490 Hancock St in Bedford-Stuyvesant, NY and zip code 11233 in the Stuyvesant Heights neighborhood. This home, which was built in 1899, sits on a 0.04 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $1,900,000.

New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. Between September 2024 and October 2024, New York, NY real estate market has seen increase in the number of listings by 1.8%. In October 2024 median list price was $856,124 and the average listing age was 84 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources