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516 Hancock Street, Brooklyn, NY 11233 Property Information

516 Hancock Street, Brooklyn, NY 11233 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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516 Hancock Street, Brooklyn, NY 11233 1
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Address

Primary address 516 Hancock Street
Neighborhood Bedford-Stuyvesant
Zip code 11233
Borough Brooklyn
Block & lot 01660-0010

Sales & Tax Overview for 516 Hancock Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 03/24/2025
Purchase price $3,200,000
Tax class

Lot & Building Information for 516 Hancock Street, Brooklyn

Lot sq. ft. 1,858
Lot dimensions 18.58 ft x 100 ft
Property type Two Family Converted from One Family (B3)
Building sqft 3,579
Building dimensions 18.58 ft x 57 ft
Buildings on lot 1
Stories 3
Structure type Brownstone
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Year built 1899
Year last altered 2015
Frontage Hancock Street (narrow)
Nearest wide street Marcus Garvey Boulevard
Distance to wide street
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Zoning & Use for 516 Hancock Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 16
Community district 3
Closest police station 0.59 Miles
Closest fire station 0.06 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 516 Hancock Street, Brooklyn

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Floor area ratio (FAR) for 516 Hancock Street, Brooklyn, NY 11233, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 516 Hancock Street, Brooklyn, NY 11233, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 516 Hancock Street, Brooklyn

What is the year built & the total sq. ft. for 516 Hancock Street, Brooklyn, NY 11233?

516 Hancock Street, Brooklyn, NY 11233 was built in 1899 and has a total of 3,579 square feet.

What is the assessed value of 516 Hancock Street, Brooklyn, NY 11233 and the property tax paid?

Assessed at $160,680, the tax amount paid for 516 Hancock Street, Brooklyn, NY 11233 is $10,422.

When was 516 Hancock Street, Brooklyn, NY 11233 last sold and what was the last sale price?

516 Hancock Street, Brooklyn, NY 11233 was last sold in 03/24/2025 for $3,200,000.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 516 Hancock Street, Brooklyn

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Property owner name for 516 Hancock Street, Brooklyn, NY 11233
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Building contacts for 516 Hancock Street, Brooklyn, NY 11233
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Jun 23, 2026 NYC Resale Gains & Losses: Every Borough Made Money in 2025, Except Manhattan
In 2025, NYC home-sellers mostly made money. But, in Manhattan, resales came with losses — and it was apartments and recent buyers that absorbed them.
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
World Cup ticket prices rival monthly housing expenses in the 11 U.S. host cities, with even the cheapest seats covering weeks or even months of rent or mortgage payments.
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Past Sales & Property History for 516 Hancock Street, Brooklyn

Create a free account to view the complete sales history for 516 Hancock Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
03/24/2025 $3,200,000
11/10/2017 $10
03/25/2014 $360,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 516 Hancock Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
04/09/2026 - R
04/07/2026 - D
Assignment, Mortgage
(2026040900578001)
03/31/2025 - R
03/24/2025 - D
Satisfaction of Mortgage
(2025033100172003)
03/31/2025 - R
03/24/2025 - D
Mortgage
(2025033100172002)
03/31/2025 - R
03/24/2025 - D
Deed
(2025033100172001)
04/24/2025 - R
03/20/2025 - D
Mortgage
(2025040800902001)
02/03/2023 - R
02/02/2023 - D
Satisfaction of Mortgage
(2023020201037001)
10/19/2022 - R
10/18/2022 - D
Satisfaction of Mortgage
(2022101900689001)
05/19/2022 - R
02/08/2022 - D
Assignment, Mortgage
(2022030901349003)
05/19/2022 - R
02/08/2022 - D
Mortgage
(2022030901349002)
05/19/2022 - R
02/08/2022 - D
Deed
(2022030901349001)
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R: Recorded date
D: Document date

Property Taxes for 516 Hancock Street, Brooklyn

Access detailed property tax data for 516 Hancock Street, Brooklyn, NY 11233. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $10,422
Tax assessor's market value: $2,678,000
Assessed value: $160,680

Assessment History for 516 Hancock Street, Brooklyn

Here's the assessment & property tax history for 516 Hancock Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $2,037,000 $122,220 $49,723 19.843% $9,867 $9,867 +2.11%
2024/25 $1,609,000 $96,540 $48,109 20.085% $9,663 $9,663 +2.76%
2023/24 $1,422,000 $85,320 $46,819 20.085% $9,404 $9,404 +1.70%
2022/23 $1,164,000 $69,840 $45,530 20.309% $9,247 $9,247 +32.46%
2021/22 $988,000 $59,280 $34,970 19.963% $6,981 $6,981 +36.66%

Permits for 516 Hancock Street, Brooklyn

The complete history of permits filed for 516 Hancock Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
10/29/2015 Alteration type 1
01/30/2015 Alteration type 2
02/19/2008 Alteration type 2
         
         
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Bedford-Stuyvesant Residential Market Stats

Access a detailed real estate market overview of Bedford-Stuyvesant so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Bedford-Stuyvesant and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$1,030,000
-6.4% YoY
Median Price/Sqft
$882
-12.8% YoY
Brooklyn Median Sale Price
$885,000
2.5% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Stuyvesant Ave & Fulton St at NW Corner
Station lines A-C
Distance (miles) 0.34
View subway map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 262 El Hajj Malik El Shabazz Elementary School 5 Yes Public PK, K-5 161 0.26
P.S. 262 El Hajj Malik El Shabazz Elementary School 5 Yes Public PK, K-5 161 0.26
Brooklyn Brownstone School 8 No Public PK, K-5 310 0.18
Brooklyn Brownstone School 8 No Public PK, K-5 310 0.18
La Cima Charter School 5 No Charter K-5 199 0.29

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Ms 35 Stephen Decatur 7 No Public 6-8 185 0.18
Ms 267 Math Science And Technology 5 No Public 6-8 149 0.29
Uncommon Bed-Stuy East Middle School 7 No Charter 5-8 342 0.29
Ember Charter School 7 No Charter K-12 423 0.29
P.S. 308 Clara Cardwell 3 No Public PK, K-8 212 0.29

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Boys and Girls High School 2 Yes Public 9-12 403 0.40
Ember Charter School 7 No Charter K-12 423 0.29
Unity Prep Charter School of Brooklyn 6 No Charter 6-12 558 0.37
NELSON MANDELA HIGH SCHOOL 4 No Public 9-12 133 0.40
Research And Service High School 2 No Public 10-12 181 0.40

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 516 Hancock Street, Brooklyn

Here are the neighbors for 516 Hancock Street, Brooklyn, NY 11233.

Address Square feet Purchase date Purchase price
520 Hancock St, Brooklyn 3,560 02/15/2017
526 Hancock St, Brooklyn 2,800 08/23/2018 $1,329,000
512 Hancock St, Brooklyn 3,524 07/05/1985
389 Halsey St, Brooklyn 1,960 01/13/1995
502 Hancock St, Brooklyn 3,380 05/01/2013 $248,430
387 Halsey St, Brooklyn 1,960 05/21/2021
532 Hancock St, Brooklyn 2,800 12/14/2023
508 Hancock St, Brooklyn 3,240 04/15/2026 $1,700,000
514 Hancock St, Brooklyn 3,380
510 Hancock St, Brooklyn 3,380 05/21/2007
522 Hancock St, Brooklyn 2,249 07/05/2002
528 Hancock St, Brooklyn 2,800 02/08/2011
500 Hancock St, Brooklyn 3,240 05/06/2013 $992,750
518 Hancock St, Brooklyn 3,380 04/10/2019
524 Hancock St, Brooklyn 2,100 12/08/2022 $2,195,000
530 Hancock St, Brooklyn 2,852 09/21/2017 $1,560,000
534 Hancock St, Brooklyn 2,800 02/09/2024
536 Hancock St, Brooklyn 3,150 08/18/2004 $495,000
506 Hancock St, Brooklyn 3,380 09/10/2009
333 Lewis Ave, Brooklyn 7,968 12/12/2002
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