619 Hancock St, Brooklyn, NY 11233
Mixed-use property with eight market-rate apartments and an on-site day care center; renovated in 2018.
Property Features for 619 Hancock St
General Information
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Investment Insights
Based on property information with market context.
The day care center covers 40% of the real estate taxes above the base year. The building is located on a tree-lined block between Stuyvesant Avenue and Malcolm X Boulevard in the Stuyvesant Heights section of Bedford Stuyvesant. It is approximately a 10-minute walk from the Utica Avenue A and C subway stop and nearby bus stops along the Fulton Street corridor.
An existing agency loan is assumable, with a fixed 4.51% interest rate and a current loan balance of approximately $5,600,000, locked through 1/1/2026. A 1% loan assumption fee applies.
Key Highlights
- Mixed‑use building at 619 Hancock Street, Brooklyn, NY 11233 (Block/Lot: 01656‑0052) with eight market‑rate apartments plus a community facility day care space
- Eight apartments: all are 4‑bedroom layouts except two duplex units (3 bedrooms and 5 bedrooms respectively) between the first and second floors
- Converted from commercial to residential and extensively renovated in 2018; apartments feature loft‑style finishes with large windows and skylights
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Trade Area within ½ mile
Demographics for 11233, NY
Market
Vacancy Rate% for Multifamily in Northeast region