House of the Day: 371 Hancock Street
Here’s a house in wonderful original conditions on one of the best streets in Bedford Stuyvesant. The woodwork is to die for and there appears to be no shortage of ornate moldings as well. We’ll leave it up to those of you who attended yesterday’s open house, though, to opine on whether it’s worth the…
Here’s a house in wonderful original conditions on one of the best streets in Bedford Stuyvesant. The woodwork is to die for and there appears to be no shortage of ornate moldings as well. We’ll leave it up to those of you who attended yesterday’s open house, though, to opine on whether it’s worth the $995,000 asking price. How was the turn-out?
371 Hancock Street [Corcoran] GMAP P*Shark
Saw, the house this weekend. Beautiful house with great detail. The kitchen has some beautiful built-ins and the bathrooms were nice. The woodwork was intact and gorgeous but the most remarkable element was the hardware, it was the orginal bronze knobs and hinges. This house is really nice and the block was quiet.
I’m confused – I always thought CHP and Bx2bklyn were legit – the comments on this thread at least actually pertain to browntones! How are they trolling? I must have missed something…
The easist solution is to ignore the trolls. They’re like kids–ignore the bad behavior and they’ll stop.
I know the realtor on this listing. He’s a really aggressive price-pusher, always trying to break the current ceiling. He showed me something in PLG and when I questioned the price he justified it with a comp that I had seen and that was totally not comparable.
Is the Hancock St. house in move in condition? What were the kitchens and bathrooms like- I didn’t see any in the pictures but for the one small bathroom with a modern shower.
What a difference five years makes. I was in contract the summer of 2001 to purchase 369 for $389k, and due to some tenant issues and the fact that I was dealing with United Homes (b.k.a. real estate hustlers), the contract the contract fell through.
I agree pietro, classic Bed Stuy beauty. It’s on the block after two of Bed Stuy’s best blocks: Hancock between Nostrand and Marcy, and Marcy and Thompkins, but this is a beautiful house. It’s been on the market a while, if I remember correctly, and would probably sell if they lowered the price a bit. This is not the landmarked part of Bed Stuy, although it should be.
I also went to the 643 Jefferson open house. It does need a total roof to ceiling renovation. It has some fabulous detail, but extreme water damage, which make all of the ceilings and floors beyond saving. I think most of the walls could be saved, but neccesitate running new pipes and electrical sytems through them. Fortunately, in order to sell the place, they removed all of the kitchenettes and most of the bathrooms, and totally cleared out the house, so you can see what you are getting. Bx2Bklyn is correct, all of the fireplaces, except one are gone, but there are some wonderful details remaining, including some beautiful built ins, pantry cabinets, moulding, doors, and the original oak icebox. The original master bath still has a fine clawfoot tub and original sink.
But basically, one would need to rebuild the entire house, which would enable one to configure it in the best way for them, get all new electric and plumbing, new kitchen(s), baths, etc. I think it would need about $500K to rebuild, and the selling price shouldn’t be any more than $550K. It’s on a fine block, the backyard is spacious, and it would be a beautiful home for someone with vision, a good contracting team and deep pockets. If I had access to that kind of money, I’d do it.
I called the broker about 371 Hancock when it was originally listed. It was priced @ $1.1 million, and there were several comments about a house in Bed-Stuy crossing the $1MM mark. The broker sounded appauled that I even questioned the price of the house and proceeded to compare it to a house on Stuyvesant Ave & Bainbridge that had recently sold for $1.2 (http://brownstoner.com/brownstoner/
archives/2006/05/416_stuyvesant_1.html)
Interesting that shortly thereafter there has been a $155K price cut. And this is not to say it’s not a nice home. So I hope I’m not starting any kind of war! I am a new owner in Bed-Stuy so my interest is vested!
That’s absolutely spectacular! I went to the open house at 643 Jefferson yesterday. Not quite so spectacular. Although there was a lot of detail left, including wonderful built-ins,only 1 fireplace is left. Every floor and ceiling has to be redone, as does the roof. There are no kitchens and the bathrooms are nightmarish although the original bathroom still has the original tile (now painted), tub and sink.- and it would really need to be a gut rehab. But the bones are great, and the wood details are in fairly good shape. A lot of it has even been stripped. But you would need big big bucks to fix this house up.
house looks stunning. classic bed stuy.