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Welcome to 561 Hancock Street, the corner property of Hancock and Stuyvesant Ave, opens to Stuyvesant Ave with parking garages and backyard opening to Hancock St. Showing by Appointment Only. This legal 3 family landmark 1901 home is located in, arguably, the most coveted landmark block in Bedford Stuyvesant. This homes speaks to the the architectural grandeur and detail of its time. The home sits on a 24" lot with a building that boasts a rare depth of 52ft. Bathed with sunlight this home features south and east exposures. A designer's dream Brownstone with over 1400 square feet of unused FAR. This pre-war landmark home features over-flowing original details throughout including original woodwork, pocket doors, pier mirrors, wainscoting, original fireplaces and mantels, crown molding, exposed brick, original window shutters and much more. The home has maintained the original floor plans throughout allowing for a tremendous open and airy experience throughout all levels of the home. The parlor floor features grand 12 foot ceilings, 10ft, 9'5 for the 2nd & 3rd floors. A corner lot, two car garage and over four thousand square feet of living is a builder's dream. Additionally, an architect previously consulted with landmarks preservation committee regarding specifications needed to convert garages to a cottage home. Consider a conversion down to a one-fam mega mansion with adjoining carriage house. Making this landmark home a truly special property. Welcome to Stuyvesant Avenue living. Built 1901 4, 289 SFBuilding 20x 52Lot 24 100Unused FAR 1, 416Garage 21. 2 20. 2Ground Floor 12 Ft ceiling heightSecond Floor 10 Ft ceiling heightThird Floor 9. 5 Ft ceiling heightShowing by Open House appointment only. Contact our team by email to schedule a tour. Home is currently occupied. Will be delivered vacant
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
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Loan Amount | $2,876,000 | $2,876,000 | $2,876,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | $618 | $618 | $618 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,013 | $18,178 | $24,659 |
Total Monthly Payment | $17,756 | $18,921 | $25,402 |
* 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.