Step into a piece of Brooklyn’s architectural legacy at 246 Hancock Street, a stately four-bedroom, three-and-a-half-bathroom two-family brownstone nestled in the heart of the Bedford Historic District. Built in the late 1800s as the showcase project of its original architect, this historic residence stands as a proud testament to enduring craftsmanship and elevated design. With a unique building dimension of 22x50 and spanning three full floors plus a finished basement, this two-family property is one of the largest in Bed-Stuy and offers extraordinary spaciousness, flexibility and charm. The garden-level unit is a spacious one-bedroom, one-bathroom residence with walk-in closet and direct access to a private backyard and deck, an urban oasis perfect for entertaining or peaceful reflection. The upper-level unit—the second and third floors—comprise a gracious three-bedroom, two full bathroom duplex, offering grand proportions, natural light, and an intelligent layout for modern living. A fully finished basement with its own entrance adds to the property’s functionality, complete with a powder room for added convenience. Original hardwood floors flow throughout the home, echoing its storied past, while thoughtful updates ensure ease and comfort. Located just moments from the A/C subway lines at Nostrand Avenue and the G train at Bedford-Nostrand, 246 Hancock offers seamless access to Manhattan, Downtown Brooklyn, and beyond. Surrounded by beloved local gems like Saraghina, Peaches, Bar LunÀtico, and the Bedford-Stuyvesant YMCA, this address places you in the heart of a vibrant neighborhood known for its strong sense of community, rich cultural history, and ever-evolving creative energy. Nearby parks, cafes, boutiques, and markets ensure everything you need is just a stroll away. Here, beauty, history, and possibility converge, creating a rare opportunity to literally own a true piece of New York. The property will be delivered vacant.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,440,000 | $1,440,000 | $1,440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | $694 | $694 | $694 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,621 | $8,403 | $11,766 |
| Total Monthly Payment | $8,440 | $9,222 | $12,585 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.