517 Hancock Street

517 Hancock Street is a condo located in Bedford-Stuyvesant, Brooklyn. The building was first built in 1899 and is 125 years old. It was first renovated and altered in 2019. The lot that the building was built on is 19 feet wide and 100 feet long. The official lot area is listed as 1,875 square feet. The building itself is 19 feet wide and 42 feet long. In total, 517 Hancock Street has a total floor area of 2,761 square feet. Of that, 1,841 square feet are used for residential purposes. There are a total of 3 units. Of those, 3 are residential units. There are no commercial units in this building. 517 Hancock Street has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 6 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 200 days and tend to sell below the original asking price of $2,495,000 by 5.81%. The transaction that took the longest to complete was listed on Jul 26, 2020 for $2,495,000. This particular unit ultimately sold 200 days later for $2,350,000. The most recent transaction which was first advertised on Jul 26, 2020, sold for $2,350,000 on Feb 11, 2021. Fun fact, the oldest transaction we have on record took place on Mar 10, 1993. See the full transaction history for 517 Hancock Street below.

Bedford-Stuyvesant, where 517 Hancock Street is located, has a median asking price of $1,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $2,495,000. For interested buyers, that means the building's median asking price is around 4.14% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.