Structurally Compromised Shell In Need Of Gut And Stabilization Renovation....Short Sale Subject To Bank Approval...Offer Presented To Bank Awaiting Response..
Sold for $3,200,000
$3,200,000
516 Hancock St, Brooklyn, NY 11233
6beds
2baths
3,380sqft
MultiFamily
Built in 1899
-- sqft lot
$3,337,100 Zestimate®
$947/sqft
$-- Estimated rent
Home value
$3,337,100
$3.04M - $3.67M
Not available
Zestimate® history
Owner options
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$20,431/mo
Est. payment
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$20,431/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Interior area
- Total interior livable area: 3,380 sqft
Property
Lot
- Size: 1,858 Square Feet
Details
- Parcel number: 016600010
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1899
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $947/sqft
- Tax assessed value: $2,037,000
- Annual tax amount: $9,867
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $3,200,000+31999900%$947/sqft |
Source: Public Record Report a problem | ||
| 10/25/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/10/2023 | Listed for rent | $4,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/27/2017 | Sold | $10-100% |
Source: Public Record Report a problem | ||
| 4/18/2014 | Sold | $360,000-61.7%$107/sqft |
Source: Public Record Report a problem | ||
| 12/14/2007 | Sold | $940,000+45.7%$278/sqft |
Source: Public Record Report a problem | ||
| 12/6/2005 | Sold | $645,000+186.7%$191/sqft |
Source: Public Record Report a problem | ||
| 1/13/1999 | Sold | $225,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,867 +2.1% | $122,220 +26.6% |
| 2024 | $9,663 | $96,540 +13.2% |
| 2023 | -- | $85,320 +22.2% |
| 2022 | -- | $69,840 +17.8% |
| 2021 | -- | $59,280 +19% |
| 2020 | $5,138 +5.9% | $49,800 +6.3% |
| 2019 | $4,853 +6.2% | $46,860 +114.4% |
| 2018 | $4,572 +7.9% | $21,854 +5.2% |
| 2017 | $4,236 +4.2% | $20,780 |
| 2016 | $4,063 | $20,780 +2.7% |
| 2015 | $4,063 +71.9% | $20,228 +5.9% |
| 2014 | $2,364 | $19,108 +4.9% |
| 2013 | -- | $18,212 +5.2% |
| 2012 | -- | $17,317 |
| 2011 | -- | $17,317 +2.7% |
| 2010 | -- | $16,857 +5.9% |
| 2009 | -- | $15,924 +4.9% |
| 2008 | -- | $15,177 +5.2% |
| 2007 | -- | $14,431 |
| 2006 | -- | $14,431 +2.7% |
| 2005 | -- | $14,048 +5.9% |
| 2004 | -- | $13,270 +4.9% |
| 2003 | -- | $12,648 +5.2% |
| 2002 | -- | $12,026 |
| 2001 | -- | $12,026 +2.7% |
| 2000 | -- | $11,707 |
Find assessor info on the county website
Neighborhood: Bedford-Stuyvesant
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Nearby schools
GreatSchools rating
- 8/10Ps 262 El Hajj Malik El Shabazz Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 9/10Ms 35 Stephen DecaturGrades: 6-8Distance: 0.2 mi
- 1/10Boys and Girls High SchoolGrades: 9-12Distance: 0.4 mi