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1242 Hancock Street, Brooklyn, NY 11221 Property Information

1242 Hancock Street, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1242 Hancock Street, Brooklyn, NY 11221 2
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Address

Primary address 1242 Hancock Street
Neighborhood Bushwick
Zip code 11221
Borough Brooklyn
Block & lot 03398-0008

Sales & Tax Overview for 1242 Hancock Street, Brooklyn

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Purchase date 05/12/2022
Purchase price $1,150,000
Tax class

Lot & Building Information for 1242 Hancock Street, Brooklyn

Lot sq. ft. 1,720
Lot dimensions 20 ft x 86 ft
Property type Three Families (C0)
Building sqft 3,300
Building dimensions 20 ft x 55 ft
Buildings on lot 1
Stories 3
Structure type Row
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Year built 1899
Frontage(s) Hancock Street (narrow)
Nearest wide street Bushwick Avenue
Distance to wide street
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Zoning & Use for 1242 Hancock Street, Brooklyn

Zoning
Residential units (DOF) 3

Other Property Data for 1242 Hancock Street, Brooklyn

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Floor area ratio (FAR) for 1242 Hancock Street, Brooklyn, NY 11221, 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 1242 Hancock Street, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 1242 Hancock Street, Brooklyn

What is the year built & the total sq. ft. for 1242 Hancock Street, Brooklyn, NY 11221?

1242 Hancock Street, Brooklyn, NY 11221 was built in 1899 and has a total of 3,300 square feet.

What is the assessed value of 1242 Hancock Street, Brooklyn, NY 11221 and the property tax paid?

Assessed at $81,540, the tax amount paid for 1242 Hancock Street, Brooklyn, NY 11221 is $5,424.

When was 1242 Hancock Street, Brooklyn, NY 11221 last sold and what was the last sale price?

1242 Hancock Street, Brooklyn, NY 11221 was last sold in 05/12/2022 for $1,150,000.

How many residential units does this building have?

This building has 3 residential unit(s).

Ownership Information for 1242 Hancock Street, Brooklyn

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Property owner name for 1242 Hancock Street, Brooklyn, NY 11221
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Building contacts for 1242 Hancock Street, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 1242 Hancock Street, Brooklyn

Create a free account to view the complete sales history for 1242 Hancock Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/12/2022 $1,150,000

Title Documents for 1242 Hancock Street, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
05/05/2025 - D
05/06/2025 - R
Maps
(2025050501000002)
04/10/2025 - D
05/06/2025 - R
Condo Declaration
(2025050501000001)
05/26/2022 - D
06/07/2022 - R
Satisfaction of Mortgage
(2022052700060001)
05/12/2022 - D
05/20/2022 - R
Deed
(2022051500022001)
02/23/2012 - D
03/13/2012 - R
Agreement
(2012030500713003)
02/23/2012 - D
03/13/2012 - R
Mortgage
(2012030500713002)
02/21/2012 - D
03/13/2012 - R
Assignment, Mortgage
(2012030500713001)
12/09/2002 - R Satisfaction of Mortgage
(3790009013779)
11/12/2002 - R Mortgage
(3530008971953)
12/18/1992 - R Assignment, Mortgage
(3920001736692)
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R: Recorded date
D: Document date

Property Taxes for 1242 Hancock Street, Brooklyn

Access detailed property tax data for 1242 Hancock Street, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $5,424
Tax assessor's market value: $1,359,000
Assessed value: $81,540

Assessment History for 1242 Hancock Street, Brooklyn

Here's the assessment & property tax history for 1242 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 $1,359,000 $81,540 $27,337 19.843% $5,424 $5,424 +4.70%
2024/25 $1,299,000 $77,940 $25,795 20.085% $5,181 $5,181 +5.87%
2023/24 $1,554,000 $93,240 $24,365 20.085% $4,894 $4,894 +197.71%
2022/23 $1,385,000 $83,100 $8,094 20.309% $4,770 $1,644 -1.57%
2021/22 $1,387,000 $83,220 $8,364 19.963% $4,689 $1,670 -2.15%

Permits for 1242 Hancock Street, Brooklyn

The complete history of permits filed for 1242 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
03/04/2025 Alteration
11/21/2024 Alteration
07/30/2024 Subdivision: condo
05/22/2024 Alteration
04/09/2024 Alteration
01/16/2024 Alteration
01/16/2024 Alteration
12/27/2023 Alteration
05/27/2022 Alteration
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Neighborhood Residential Market Stats

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

Median Sale Price
-
Median Price/Sqft
-
Brooklyn Median Sale Price
$885,000
2.5% YoY

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

Transportation

Distance to Subway
Closest station Halsey St & Wycoff Ave at SW Corner
Station lines L
Distance (miles) 0.379
Bus Routes
Name Wilson Av/Hancock St
Line B60
Distance (miles) 0.032

Schools


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

Neighbors for 1242 Hancock Street, Brooklyn

Here are the neighbors for 1242 Hancock Street, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
1244 Hancock St, Brooklyn 3,300 05/29/2024 $1,100,000
1246 Hancock St, Brooklyn 3,300 04/18/2013
1254 Hancock St, Brooklyn 3,180 02/24/2015 $1,275,000
1256 Hancock St, Brooklyn 2,650 01/24/2008
1262 Hancock St, Brooklyn 3,180 03/08/2002
175 Weirfield St, Brooklyn 1,960 07/08/2015
1258 Hancock St, Brooklyn 2,650 10/31/2003 $360,400
515 Wilson Ave, Brooklyn 4,860 12/07/2016 $1,500,000
243 Weirfield St, Brooklyn 5,500 05/14/1973
1172 Hancock St, Brooklyn 1,944 07/02/2004
1250 Hancock St, Brooklyn 3,180 08/23/2021
1260 Hancock St, Brooklyn 2,650 05/23/1966
1240 Hancock St, Brooklyn 3,920 02/01/2001
1174 Hancock St, Brooklyn 1,944 11/03/2021 $990,000
177 Weirfield St, Brooklyn 1,944 03/16/2006
1252 Hancock St, Brooklyn 3,180 08/06/2022
517 Wilson Ave, Brooklyn 4,860 08/04/2014 $400,000
1168 Hancock St, Brooklyn 1,960 11/23/2020
1248 Hancock St, Brooklyn 3,300 08/21/2024
1178 Hancock St, Brooklyn 1,960 10/04/2021 $980,000
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