Brooklyn (Bedford-Stuyvesant), NY, 11233 | $795,000

AMAZING LIGHT AND FRESH AIR. Private Outdoor Space. Solar Powered. Sustainable. Passive House. A true urban sanctuary, 702 Hancock is not your typical new development. Bed Stuy's only Passive House condo project, this dynamic building is always working in the background to deliver exceptional energy efficiency, superior indoor air quality, enhanced thermal comfort, durability and minimal maintenance. About Unit 2B • Private balcony overlooking leafy brownstone backyards • Kitchen is equipped with stainless steel Blomberg appliances and Samsung induction ranges, Italian recycled oak cabinets, quartz waterfall countertops, Hans Grohe polished nickel fixtures. • Bathrooms are equipped with Toto toilets, carrera marble floors, soaking tubs, American Standard porcelain sinks and Phister polished nickel fixtures. • Washer/dryer hookup • High ceilings and wide plank white oak hardwood floors throughout. • Video intercom • Deeded storage unit • Prewired with Verizon FIOS Building amenities include bike storage, common laundry, a spacious rooftop terrace with sweeping views of brownstone Brooklyn, and a solar array of 34 panels on a roof canopy which provides heating and cooling for the entire building, resulting in significant savings for each owner. Situated on a tree lined street in coveted Stuyvesant Heights, central to the vast amenities on Malcolm X and Tompkins. The Passive House Difference • Every unit has private outdoor space and is designed with the perfect balance of light and shade. • The airtight super-insulated building envelope creates an energy-efficient protective bubble, with an energy recovery ventilation system constantly cycling in fresh air and filtering out allergens, dust and stale air. • The thermal bridge-free design ensures a consistent temperature throughout the home. • Triple-paned windows and doors further insulate for a quiet and comfortable environment. • A solar array consisting of 34 panels on a roof canopy provides heating and cooling for the entire building, resulting in significant savings for each owner. • Superior construction and design results in greater durability and longevity reducing the risk of unforeseen repairs while keeping maintenance and expenses to a minimum over time. The complete offering terms are in an offering plan available from Sponsor File No. CD23-0213.

Features

  • Town: Brooklyn
  • Heating: Central
  • Cooling: Central Air
  • Levels: 5
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full
  • Lot Size: 33.000000x100.000000
  • Laundry: Common Area,In Unit,See Remarks
  • Year Built: 2024
  • Common Charge: $281 Monthly
  • Approx Sq. Feet: 777
  • Est. Taxes: $9,828
  • Pet Policy: Building No,Cats OK,Dogs OK
  • Appliances: Dishwasher,Electric Cooktop,Electric Oven,Stainless Steel Appliance(s)
  • MLS#: COMP-163417938754659
  • Days on Market: 174 days
  • Website: https://www.raveis.com
    /prop/COMP-163417938754659/702hancockstreet_brooklyn_ny?source=qrflyer
Copyright © 2024  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Compass   Phone: (212) 913-9058

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888.699.8876

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Brooklyn (Bedford-Stuyvesant), NY, 11233

$795,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $636,000 $636,000 $636,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $819 $819 $819
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,285 $4,227 $5,363
Total Monthly Payment $5,196 $5,138 $6,274

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.