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513 Hancock St Brooklyn, NY 11233

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For Sale
$1,550,000

Rare development opportunity in historic Bed-Stuy with existing garage.

Property Features for 513 Hancock St

General Information

Standard status
Active

Building Details

Year built
1927

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Listing Contact
Dan Chen
Dan Chen
Source: Corcoran

Listing Agency: Park Slope Listing Agent: Dan Chen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Hancock Street Development Opportunity

Located on a picturesque brownstone block in Bedford-Stuyvesant, this property at 513 Hancock Street presents a rare development opportunity. The 20-foot by 100-foot lot features an existing one-story garage structure and offers approximately 4,000 square feet of total buildable space under R6B, C2-4 zoning. The existing garage is 20 feet by 60 feet, totaling approximately 1,200 square feet. The property is not landmarked, offering flexibility for various development visions, such as a bespoke single-family townhouse, a modern carriage house, or a mixed-use project. With a Residential FAR of 2.0 and a Community Facility FAR of 2.0, the remaining buildable area provides exceptional flexibility for new construction or conversion. Situated in the heart of Stuyvesant Heights, the property is surrounded by historic architecture and a variety of cafes, bakeries, and wine bars, including Saraghina, Peaches, Chez Oskar, Corto, Rita and Maria. Nearby subway access via the A/C trains at Utica Avenue provides convenient access to Downtown Brooklyn and Manhattan. The property has a tax class of 4 with annual taxes of $4,718.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Brooklyn
County
Kings
State
New York
Longitude
-73.93506
Latitude
40.6844

FAQs

What type of property is this?
Commercial land - Rare development opportunity in historic Bed-Stuy with existing garage.
Where is this commercial land located?
The property is located at 513 Hancock St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: - Rare 20 ft x 100 ft development lot in historic Bed-Stuy; - Buildable area of approximately 4,000 SF with R6B, C2-4 zoning, allowing for various development options; - Existing 1,200 SF one-story garage structure with curb cut, suitable for conversion or expansion
More about this property
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