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Welcome to 1242 Hancock Street - A Boutique Condominium of Distinction
Discover an exceptionally reimagined three-residence condominium that blends timeless Brooklyn character with contemporary sophistication. Behind its stately prewar facade, 1242 Hancock Street honors the architectural integrity of the neighborhood while offering a tranquil retreat just one block from Irving Square Park.
Residence 3 - This top-floor, two-bedroom, two-bathroom home that spans nearly 1, 100 square feet and includes a deeded storage unit as well as a private roof terrace. With southeast exposures, the residence is bathed in natural light through three oversized living room windows, creating an inviting and airy atmosphere.
The heart of the home is its impeccably designed kitchen, where soft off-white cabinetry is paired with striking dark marble countertops and a custom fluted island. Refined gold hardware adds a timeless touch, complementing the suite of premium Fisher & Paykel appliances, including a gas range, vented microwave, paneled French door refrigerator, and dishwasher.
The first full bathroom features a sophisticated blend of sage Zellige-inspired tile, brass fixtures, and a warm wood vanity - creating a spa-like feel.
Two well-appointed bedrooms are tucked at the rear of the home. The gracious primary suite boasts excellent light, a spacious walk-in closet, and a serene en-suite bath with floor-to-ceiling neutral tiling, sleek brass finishes, and a double vanity that offers both beauty and functionality.
The private roof terrace serves as a rare and desirable retreat - perfect for relaxation or entertaining against the backdrop of Brooklyn's skyline.
Just steps from Irving Square Park, the residence enjoys proximity to beloved neighborhood favorites such as Xoco-Latte Bushwick, Rosa's Steakhouse, Fazio's, Bricklyn Pizza, Money Cat Vietnamese, Thai Ros Thip, and Alex's Luncheonette. Convenient access to the L train at Halsey Street makes commuting seamless.
This is not an offering. The complete Offering Terms are in an Offering Plan available from the Sponsor. File No. CD-240214
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,075,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $860,000 | $860,000 | $860,000 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,551 | $5,019 | $7,027 |
| Total Monthly Payment | $4,676 | $5,144 | $7,152 |
* 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.