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Welcome to the Terrace Residence at 362 Hancock Street, a beautifully renovated one-bedroom, one-and-a-half-bath home with a versatile bonus room, privately tucked away on one of Bedford-Stuyvesant's picturesque tree-lined blocks.
Thoughtfully updated throughout, the residence blends modern comfort with timeless Brooklyn charm, featuring gleaming hardwood floors, a decorative fireplace, oversized split-system heating and cooling, and a private patio that creates a seamless extension of the living space-perfect for morning coffee, outdoor dining, or relaxing with a book.
The spacious living and dining area is filled with natural light and offers an inviting setting for both everyday living and entertaining. The renovated kitchen is appointed with premium stainless steel appliances, including a double oven with a five-burner induction cooktop, vented hood, refrigerator/freezer, dishwasher, and microwave. Generous cabinetry, abundant counter space, and refined finishes complete the space, while a conveniently located powder room provides added functionality for guests.
The king-sized primary bedroom features a custom walk-in closet with built-in storage. A separate bonus room offers exceptional flexibility as a home office, nursery, fitness room, or guest space, with direct access to the home's private patio. The full bathroom is beautifully finished with a floating vanity, ample storage, and a deep soaking tub.
Additional conveniences include a private washer and dryer, dedicated storage in the finished basement, and the option to lease the residence furnished.
Perfectly positioned in the heart of Bedford-Stuyvesant, 362 Hancock Street is moments from neighborhood favorites including Peaches, Saraghina, Daphne's, and Corto, as well as local markets, cafés, and everyday conveniences. Nearby access to the A and C subway lines and multiple bus routes provides an easy commute throughout Brooklyn and Manhattan.
Lease Terms: Applicants are responsible for a $20 application and credit check fee per applicant. Upon approval, first month's rent and one month's security deposit are due at lease signing.
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.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.
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Our Executive Mortgage Banker:
$3,495
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $2,796 | $2,796 | $2,796 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $17 | $18 | $23 |
| Total Monthly Payment | $92 | $93 | $98 |
* 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.