1
Map
$775,000
●
Condo -
Off Market
467 Hancock Street #2B
Brooklyn, NY 11221
2 Beds
1 Bath
908 Ft²
$4,313
Est. Monthly
$507
HOA / Fees
7.52%
Cap Rate
About This Property
1 bed + office or second bed Condo with ¼ Roof Deck rights
and giant private storage.
Very low CC- zero taxes until 2027!
Live or invest at 467 Hancock Street, located near many neighborhood classics like Saraghina, Bar Lunatico, Peaches, Barb's and many more!
This high ceiling convertible 2 bed, 1 bath Unit is just one flight up, has winged bedrooms, North and South exposures and a floor-through style layout.
INCLUDED are:
- ¼ of the entire Roof Deck just for your exclusive use
- Giant Private Storage Room.
- Free laundry! Building Laundry is in the basement and is complimentary.
- ZERO Taxes until 2027-due to the J51 Tax abatement.
- only $507 Common Charges
467 Hancock is a 6 stories, 6 unit Pre War building built in 1910 and converted into condos in 2011.
Owner occupied.
Very low CC- zero taxes until 2027!
Live or invest at 467 Hancock Street, located near many neighborhood classics like Saraghina, Bar Lunatico, Peaches, Barb's and many more!
This high ceiling convertible 2 bed, 1 bath Unit is just one flight up, has winged bedrooms, North and South exposures and a floor-through style layout.
INCLUDED are:
- ¼ of the entire Roof Deck just for your exclusive use
- Giant Private Storage Room.
- Free laundry! Building Laundry is in the basement and is complimentary.
- ZERO Taxes until 2027-due to the J51 Tax abatement.
- only $507 Common Charges
467 Hancock is a 6 stories, 6 unit Pre War building built in 1910 and converted into condos in 2011.
Owner occupied.
Unit Size
908 Ft²
Days on Market
62 days
Land Size
-
Price per sqft
$854
Property Type
Condo
Property Taxes
-
HOA Dues
$507
Year Built
1910
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (RLS #RLS10979068)
Price History
Property Highlights
Interior Details
Full Bathrooms: 1
Interior Features: High Ceilings, Soaking Tub
Flooring Type: Hardwood
Laundry Features: Common Area, CommonOnFloor
Rooms: 4
Exterior Details
Square Footage: 908
Year Built: 1910
Lot Size Units: Square Feet
Lot Size Dimensions: 26.670000x100.000000
Tax Lot: 1004
Utilities Details
Cooling Type: Other
Heating Type: Baseboard
Location Details
HOA Fee: $507
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/09/2024
|
2 Bed
|
2 Bath
|
1266 ft²
|
$850,000
2 Bed
2 Bath
1266 ft²
|
$840,000
-1.18%
10/28/2024
|
Andrew English
Compass
| |
|
04/02/2024
|
2 Bed
|
1 Bath
|
908 ft²
|
$730,000
2 Bed
1 Bath
908 ft²
|
$775,000
+6.16%
06/24/2024
|
Andrew English
Compass
| |
|
03/09/2016
|
1 Bed
|
1 Bath
|
923 ft²
|
$630,000
1 Bed
1 Bath
923 ft²
|
$630,000
07/27/2016
|
Dennis D McCarthy
The Corcoran Group
| |
|
09/19/2013
|
1 Bed
|
1 Bath
|
1284 ft²
|
$605,000
1 Bed
1 Bath
1284 ft²
|
$645,000
+6.61%
09/19/2013
|
Katy Porte
The Corcoran Group
|
Building Info
About Northern Brooklyn
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Listed by: Dalia Glazer
Listing Courtesy of Compass
Last Updated: 6 months ago
Last Checked: 7 minutes ago
Data Source: REBNY (©2026 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Compass
Last Updated: 6 months ago
Last Checked: 7 minutes ago
Data Source: REBNY (©2026 Real Estate Board of New York)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017