--- title: "741 HANCOCK Street #PHA, New York City, NY 11233" description: "741 HANCOCK Street #PHA, New York City, NY 11233 — Townhouse in Stuyvesant Heights, Brooklyn, NY. Listing Price $950,000. In contract 11/10/2020. 2 bed, 2 bath Illustrative Buyer Commission Share of $14,250 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11233/741-hancock-street-pha-PHA-ny-11233" source: "Real Estate Rebate Team" status: "Pending" --- # 741 HANCOCK Street #PHA, New York City, NY 11233 Townhouse in Stuyvesant Heights, Brooklyn, NY **New Development · Sponsor Residence** Courtesy of Douglas Elliman Real Estate ## At a Glance - **Listing Price**: $950,000 - **Status**: In contract 11/10/2020 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 2 - **Baths**: 2 - **Common Charges**: $804 / mo - **Monthly Taxes**: $468 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $950,000 - **Illustrative Buyer Commission Share**: -$14,250* - **Illustrative Net Cost**: $935,750 *Illustrative Buyer Savings of $14,250 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![741 HANCOCK Street #PHA, New York City, NY 11233 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/082c73d7-2f88-4fc2-bdf5-8f7033f7ca1d.jpg) ![741 HANCOCK Street #PHA, New York City, NY 11233 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bb3885c7-1476-4707-90b2-bc2b90e4f83c.jpg) ![741 HANCOCK Street #PHA, New York City, NY 11233 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ba642db3-0cd6-49a7-b223-502514d570fc.jpg) ![741 HANCOCK Street #PHA, New York City, NY 11233 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d98ef5ee-96b4-4c4d-9422-581841c20df6.jpg) ![741 HANCOCK Street #PHA, New York City, NY 11233 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d044e35f-f8a4-4db9-95f4-10bde98038a4.jpg) ![741 HANCOCK Street #PHA, New York City, NY 11233 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f1a86ef6-c9fc-4c0a-931e-27f9d0f8f3e0.jpg) ![741 HANCOCK Street #PHA, New York City, NY 11233 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ee200c9a-ae05-4c54-84c0-7a623535ffed.jpg) ![741 HANCOCK Street #PHA, New York City, NY 11233 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6ce5961a-c094-422e-a264-9c70498fc4ed.jpg) ![741 HANCOCK Street #PHA, New York City, NY 11233 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ad250773-ff43-4e14-8e93-7bed5519ec10.jpg) ![741 HANCOCK Street #PHA, New York City, NY 11233 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dada0d9d-5bfe-443b-b947-dfb64ea5473b.jpg) ## Property Overview Introducing 741 Hancock Street - an exclusive collection of four full-floor, new development condominiums delivering the highest standard of living in prime Bed-Stuy! Each carefully designed residence is complete with luxurious features and finishes. Generously sized private outdoor spaces are also available! Penthouse A is a spacious 3-bedroom, 2-bath residence spanning 1,202 interior SF and 210 exterior SF comprised of 2 private roof terraces and 2 private balconies on the living room and master suite! This incredible penthouse residence enjoys a modern, open layout on the main floor for a seamless flow between the massive 17' x 14-1/2' living-dining and kitchen areas - perfect for both families and entertaining. The private balconies allow for exceptional natural light and a superior indoor-outdoor lifestyle. The kitchen features sleek slate-gray custom cabinetry along with a Bertazonni range. Custom, recessed lighting with dimmers and air conditioning throughout the home add to its exceptional comfort. The residence also provides a closet ready with a washer-dryer hook up in addition to another eight closets located throughout! Two well-appointed bedrooms round out the main level. Each of the bedroom's closets are outfitted with premium custom shelving and oversized windows. The master bedroom includes an en-suite full bath as well another spacious, private balcony. Both of the residence's full bathrooms are thoughtfully designed with natural materials featuring exquisite tile work and luxurious heated floors. Penthouse A's upper level is comprised of a well-proportioned space for a third bedroom or home office which receives excellent natural light and provides access to the home's two, large private roof terraces - marking this home as a truly rare and unique find through it's combination of the perfect layout, beautiful finishes and interiors, and four private outdoor spaces gracing the home! 741 Hancock Street is set on a peaceful block lined with historic townhouses in prime Bed-Stuy. Residents enjoy a range of convenient transportation including access to the A/C/J/Z trains as well as all of the neighborhood shops, cafes, restaurants and multiple playgrounds nearby. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 2 - **Rooms**: 5 - **Stories**: 4 - **Year Built**: 2020 - **Common Charges**: $804 / Monthly - **Monthly Taxes**: $468 / mo - **Listed On**: Jun 19, 2020 - **Days on Market**: 2281 Days ### Residence Features - Washer Hookup - Private Outdoor Space Under 60 Sqft - Smoke Free - Washer Dryer Allowed ## Buying in a new development? Before you visit the sales gallery, understand the broker registration rule. In many buildings the sponsor will only compensate a buyer’s broker who accompanied you on your first visit or registered you in writing beforehand. The sales team you meet at the door works for the developer, and once you have toured on your own that introduction is very hard to undo. [Why You Need Your Own Broker Before Your First Visit](https://realestaterebatesnewyork.com/guides/new-development-buyer-broker-nyc) ## Estimated Monthly Payment **$6,076 / month**, assuming a 20% down payment ($190,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,804 - **Property Taxes**: $468 - **Common Charges**: $804 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales One apartment at 741 HANCOCK Street has a recorded sale since September 2021, the most recent for $868,000 in October 2021. Prices are the figures recorded with the City, not asking prices. | Unit | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | | 1A (Apartment) | 1,523 | $868,000 | $570/ft² | October 5, 2021 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $950,000 - **Median sold price**: $1,125,263 - **Difference**: -$175,263 (-15.6%) - **Median $/ft²**: $1,082 - **Comparable sales**: 29 - **Sales from**: December 2024 – June 2026 - **Middle half of those sales**: $1,003,000 – $1,261,406 Based on condo two-bedroom sales in Stuyvesant Heights. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Stuyvesant Heights instead. ### How these sales were negotiated - **Sale-to-list price**: 100% (25 sales) - **Sold below asking**: 32% (25 sales) - **Typical time to find a buyer**: 86 days (29 sales) - **Typical time to close**: 79 days (29 sales) Based on condo two-bedroom sales in Stuyvesant Heights with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Sales data through June 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 741 HANCOCK Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/741-hancock-street) ## Price and Property History for 741 HANCOCK Street, Unit PHA Review the recorded listing activity for 741 HANCOCK Street, Unit PHA, including asking-price changes and prior market dates. - **Entered contract**: November 10, 2020 | Date | Price | Listing event | | --- | --- | --- | | November 10, 2020 | $950,000 | Entered contract | | June 10, 2020 | $950,000 | Listed for sale by Douglas Elliman Real Estate | ## About The Building ### 741 HANCOCK Street 741 HANCOCK Street, Brooklyn, NY 11233 A building in the neighborhood, currently featuring 0 active listings. - **Year Built**: 2020 - **Active Units**: 0 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/741-hancock-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [PHA](https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11233/741-hancock-street-pha-PHA-ny-11233) | 2 | 2 | — | — | $950,000 — In contract | Douglas Elliman Real Estate | Jun 19, 2020 | 2,280 days | ## This is a new development purchase Buying from a sponsor carries closing costs a resale does not. The New York City and New York State transfer taxes are the seller’s in a resale and are passed to the purchaser in most offering plans, and the sponsor’s attorney fee and any working capital contribution sit on top of that. Together they commonly add 2% or more of the purchase price. - [Estimate these costs](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator) - [What sponsor buyers pay](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc) - [More new developments](https://realestaterebatesnewyork.com/new-developments) ## Stuyvesant Heights Explore more real estate and insights about Stuyvesant Heights. [Explore Stuyvesant Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/stuyvesant-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Stuyvesant Heights - [Crown Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights) - [Bushwick real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick) - [Clinton Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/clinton-hill) - [Williamsburg real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/williamsburg) - [Prospect Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) - [Fort Greene real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/fort-greene) ## Related Links - [741 HANCOCK Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/741-hancock-street) - [Stuyvesant Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/stuyvesant-heights) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.