1 month on rocket

490 Hancock St, Brooklyn, NY, 11233

$1,900,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,756 SqFt
$689/SqFt
Multi

Location

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490 Hancock St, Brooklyn$1,900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1899
HeatingOther
CoolingNone
MLS #L3592770
StatusActive

About 490 Hancock St

Classic Brownstone Residence in Bedford-Stuyvesant This beautiful and spacious brownstone is located on a tree-lined street in the heart of Bedford-Stuyvesant. Currently configured as a two-family home, this property offers a unique blend of move-in readiness with room for updates and customization, making it perfect for homeowners or investors. The well-maintained brownstone spans over 2,750 square feet, with the potential for future expansion thanks to its 994 unused FAR. The property is not landmarked, allowing flexibility for renovations or additions to suit your needs. Property Features The layout highlights the property's historic appeal, with large windows, high ceilings, and classic architectural details. The kitchen and living spaces are functional in their current state, but updates can easily elevate the home to align with modern design trends and conveniences. The home's full basement adds versatility, providing additional storage or a creative space to expand the property's functionality. The backyard, accessible from the main living area, is ideal for gardening, outdoor dining, or creating a private urban retreat. Prime Bedford-Stuyvesant Location Situated in one of Brooklyn's most sought-after neighborhoods, this home combines the charm of a historic brownstone community with modern urban convenience. The vibrant surroundings include boutique shops, cafes, restaurants, and cultural landmarks. With easy access to public transportation, commuting to Manhattan and other parts of Brooklyn is seamless. Local parks, schools, and grocery stores are all nearby, providing everything you need within walking distance. Additional Details Expansion Potential: With 994 unused FAR, the property offers flexibility for future projects. Basement: Full basement offering flexibility for storage or creative use. Lot Dimensions: 18.75 ft x 100 ft, providing ample outdoor space. Zoning: R6B, offering flexibility for future projects. Low Taxes: Annual property tax of $4,394. A Rare Opportunity to Customize This brownstone is a rare find-a home that offers move-in readiness with the opportunity to expand and modernize. With its flexible layout, additional FAR, and vibrant location, this property is an ideal investment or a perfect home to personalize for the future.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1899
  • Living Area: 2,756 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Near Public Transit

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
  • Price Per SqFt: $689/SqFt

Tax Information:

  • Annual Amount: $4,039
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$987.3K

Med. Price/SqFt

$714

Avg. Days On Market

88

# of Sold Homes

475

490 Hancock St vs Brooklyn

41 DAYS ON ROCKET

-47 Days

$1,900,000

+$912.6K More

$689/SqFt

-$26 Less

KEY TAKEAWAY

This property is $912.6K more than the Median Sold Price and $26/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #L3592770

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 2025, 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: 1/2/2025, 9:11:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,039$90,780
2019$4,039$90,780
2018$3,607$19,347
2017$3,307$19,166

History based on county public records data.

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-76562
8
/10
  • Brooklyn Brownstone School

  • 272 MacDonough St

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-76563
3
/10
  • P.S. 308 Clara Cardwell School

  • 616 Quincy St

  • 0.31 miles

  • Public District Grades PK-6

school-card-donut-76564
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. Residents of Brooklyn, NY typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


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

This home is located at 490 Hancock St in Brooklyn, NY and zip code 11233 in the Stuyvesant Heights neighborhood. This 2,756 square foot home was built in 1899. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $1,900,000.

In December 2024 more than 40 listings in Brooklyn, NY were sold above the asking price. During the same period more than 257 listings were sold at asking price, while more than 178 were sold below. The number of homes for sale in Brooklyn, NY decreased by 10.4% between November 2024 and December 2024. In December 2024 median list price was $987,395 and the average listing age was 88 days.

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

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