New York City » 11221 » Hancock St » 988 Hancock St

988 Hancock Street, Brooklyn, NY 11221 - Property report

Also known as: 988 Hancock St

Property image for 988 Hancock Street, Brooklyn, NY 11221

Property type

Three Families (C0)

Year built

1915

Lot sq. ft.

2,000

Sale price

$18,400,000

General information

Address

Primary address

988 Hancock Street

ZIP code

11221

Neighborhood

Bushwick

Borough

Brooklyn

Block & lot

03394-0013

Building

Property type

Three Families (C0)

Building sq. ft.

2,940

Building dimensions

20 ft x 40 ft

Buildings on lot

Stories

Year built

1915

Building material

Frame

Exterior wall

Composition

Basement

Sales

Sale date

10/27/2015

Sale price

$18,400,000 - M

Tax

Tax year

2026-2027

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Hancock Street (narrow)

Nearest wide street

Broadway

Distance to wide street

Lot dimensions

20 ft x 100 ft

Lot sq. ft.

2,000

Area overview

Walk score

94 /100. Walker's Paradise

Transit score

98 /100. Rider's Paradise

Bike score

77 /100. Very Bikeable

School district

Community district

Closest police station

0.45 Miles

Closest fire station

0.35 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 988 Hancock Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 988 Hancock Street, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
10/27/2015	$18,400,000	XXXXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXX	XXXXXX XXXXXXX XXXXXXXXXXX XX XXX XXXX, XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/13/2024 - R 07/24/2024 - D	Agreement (2024080900241001)	XXXXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX	XXX XXXX XX XXX XXXX
02/06/2024 - R	Initial UCC1 (2024020200559001)	XXXXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX	XXXXXXXX X X
12/13/2018 - R 11/30/2018 - D	Agreement (2018121200415004)	XXX XXXX XX XXX XXXX	XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
11/12/2015 - R	Initial UCC1 (2015110200810033)	XXXXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXX	XXXXXXXX X X
11/12/2015 - R	Initial UCC1 (2015110200810023)	XXXXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXX	XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
11/12/2015 - R 10/27/2015 - D	Mortgage (2015110200810036)	XXXXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXX	XXXXX XXXXXXXXXX XXX
11/12/2015 - R 10/27/2015 - D	Mortgage (2015110200810035)	XXXXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXX	XXXXXX XXXXXXX XXXXXXXXXXX XX XXX XXXX XXX
11/12/2015 - R 10/27/2015 - D	Subordination of Mortgage (2015110200810034)	XXXXXXXX X X	XXXX XX XXX XXXX XXXXXX XX XXX XXXXXXX XXX XXXX
11/12/2015 - R 10/27/2015 - D	Mortgage (2015110200810032)	XXXXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXX	XXXXXXXX X X
11/12/2015 - R 10/27/2015 - D	Agreement (2015110200810031)	XXXXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXX	XXXXXXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 988 Hancock Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Municipal exemptions

Recent tax assessments

Market value

$1,566,000

Assessed value

$93,960

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$1,250,000	$75,000	$0	19.843%	$6,276	$0	n/a
2024/25	$1,470,000	$88,200	$0	20.085%	$6,053	$0	n/a
2023/24	$1,804,000	$108,240	$0	20.085%	$5,902	$0	n/a
2022/23	$1,531,000	$91,860	$0	20.309%	$5,822	$0	n/a
2021/22	$1,376,000	$82,560	$0	19.963%	$5,587	$0	n/a
2020/21	$1,302,000	$78,120	$0	21.045%	$4,617	$0	n/a
2019/20	$1,386,000	$83,160	$0	21.167%	$4,381	$0	n/a
2018/19	$1,534,000	$92,040	$0	20.919%	$4,198	$0	n/a
2017/18	$1,068,000	$64,080	$0	20.385%	$3,969	$0	n/a
2016/17	$791,000	$47,460	$18,904	19.991%	$3,779	$3,779	+5.72%

Permits

Permit information for 988 Hancock Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
04/08/2019	Alteration type 1
10/03/2015	Alteration type 2
09/10/2015	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	08/25/2004	B
	08/25/2004	A
	08/25/2004	A

*Most recent HPD violations on record for this property.

Neighborhood

Bushwick South residential market stats

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

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Weirfield St & Broadway at NE Corner

Station lines

Distance (miles)

0.063

View subway map

Access the detailed traffic volume map for 988 Hancock Street, Brooklyn, NY 11221 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 45 Horace E Greene	5	Yes	Public	PK, K-8	491	0.31
P.S. 45 Horace E Greene	5	Yes	Public	PK, K-8	491	0.31
St. Marks Lutheran Schools	NR	No	Private	PK, K-8	0	0.11
St. Marks Lutheran Schools	NR	No	Private	PK, K-8	0	0.11
P.S. 299 Thomas Warren Field School	3	No	Public	PK, K-5	197	0.28
P.S. 299 Thomas Warren Field School	3	No	Public	PK, K-5	197	0.28
P.S. Is 137 Rachael Jean Mitchell	6	No	Public	PK, K-5	141	0.32
P.S. Is 137 Rachael Jean Mitchell	6	No	Public	PK, K-5	141	0.32
P.S. 5 Dr Ronald Mcnair	5	No	Public	PK, K-5	227	0.35
P.S. 5 Dr Ronald Mcnair	5	No	Public	PK, K-5	227	0.35

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Evergreen Middle School-Urban Exploration	4	Yes	Public	6-8	342	0.34
St. Marks Lutheran Schools	NR	No	Private	PK, K-8	0	0.11
P.S. 45 Horace E Greene	5	No	Public	PK, K-8	491	0.31
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.44
Achievement First North Brooklyn Prep Charter School	7	No	Charter	K-8	851	0.48
Brooklyn Excelsior Charter School	6	No	Charter	K-8	610	0.50
Brooklyn Environmental Exploration	3	No	Public	6-8	165	0.52
Excellence Boys Charter School Of Bedford Stuyvesa	6	No	Charter	K-8	472	0.56
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.60
Bushwick Ascend Charter School	7	No	Charter	K-8	799	0.61

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Brooklyn High School Law And Tech	3	No	Public	9-12	549	0.27
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.44
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.60
Eagle Academy for Young Men II	6	No	Public	6-12	599	0.61
Bushwick Community High School	2	No	Public	9-12	86	0.61
Math, Eng, Science Academy Charter High	5	No	Charter	9-12	515	0.61
Brooklyn School For Math And Research	NR	No	Public	9-12	333	0.72
Academy for Environmental Leadership	2	No	Public	9-12	275	0.72
Academy Of Urban Planning	5	No	Public	9-12	403	0.72
Bushwick School for Social Justice	2	No	Public	9-12	272	0.72

Neighbors for 988 Hancock Street, Brooklyn, NY

992 Hancock St, Brooklyn 994 Hancock St, Brooklyn 1004 Hancock St, Brooklyn 1423 Hancock St, Brooklyn 1533 Broadway, Brooklyn 996 Hancock St, Brooklyn 1547 Broadway, Brooklyn 1002 Hancock St, Brooklyn 1008 Hancock St, Brooklyn 1010 Hancock St, Brooklyn 990 Hancock St, Brooklyn 1006 Hancock St, Brooklyn 1545 Broadway, Brooklyn 1549 Broadway, Brooklyn 1417 Hancock St, Brooklyn 1000 Hancock St, Brooklyn 1551 Broadway, Brooklyn 986 Hancock St, Brooklyn 1543 Broadway, Brooklyn

Frequently asked questions

What is the year built for 988 Hancock Street, Brooklyn, NY 11221?

The development at 988 Hancock Street, Brooklyn, NY 11221 was built in 1915.

What is the total square footage of 988 Hancock Street, Brooklyn, NY 11221?

988 Hancock Street, Brooklyn, NY 11221 has a total of 2,940 square feet.

When was 988 Hancock Street, Brooklyn, NY 11221 last sold and what was the sale price?

988 Hancock Street, Brooklyn, NY 11221 was last sold on 10/27/2015 for $18,400,000.

What is the assessed value of 988 Hancock Street, Brooklyn, NY 11221?

988 Hancock Street, Brooklyn, NY 11221 is currently assessed at $93,960.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.