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Hancock Street Development Opportunity

513 Hancock Street, Brooklyn, NY 11233

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For Sale

$1,550,000

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

Type:Mixed

Property size:

1,200 SF

Lot size:

0.05 Acres

Price / SF:

$1,291/SF

HighLights

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
Not landmarked, offering freedom in design and construction without LPC approval
Located in Stuyvesant Heights, surrounded by popular cafes, bakeries, and restaurants
Convenient access to A/C subway lines at Utica Avenue for quick commutes to Downtown Brooklyn and Manhattan

We can help!

Listing Contact

Dan Chen

For Sale

$1,550,000

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

Type:Mixed

Property size:

1,200 SF

Lot size:

0.05 Acres

Price / SF:

$1,291/SF

Added:: Oct 28, 2025
Days on Market:: 226
Last Refresh:: Apr 5 at 11:14 pm

Property Features for 513 Hancock Street

General Information

Standard status: Active
Size: 1,200 SF
Lot size: 0.05 Acres
Property subtype: Mixed

Building Details

Year Built: 1927

We can help!

Listing Contact

Dan Chen

Listing agent Dan Chen License #10401314691

Listing office Park Slope

Listing date Oct 28, 2025

Source Corcoran

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

All listing content including descriptions, pricing, images are the copyrighted material of Park Slope

HighLights

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
Not landmarked, offering freedom in design and construction without LPC approval
Located in Stuyvesant Heights, surrounded by popular cafes, bakeries, and restaurants
Convenient access to A/C subway lines at Utica Avenue for quick commutes to Downtown Brooklyn and Manhattan

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.9351
Latitude: 40.6844

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For sale
Commercial land
NY
Brooklyn
11233
513 Hancock Street

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 Street 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