RealtyLens
for saleRealtyLens property overview
$1,149,000

1242 Hancock St Unit 1

Brooklyn, NY, 11221
View more Brooklyn, NY property pages
2Beds
2.5Baths
1,616Sqft
$711$/sqft

Market Insights

Below nearby median-28%

$711/sqft vs a nearby median of $992/sqft.

Nearby median$992/sqft
Nearby properties8
Property size1,616 sqft
  • -28% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,616 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.60M$1.45M$1.76M · 42% confidence
vs ask $1.15M−$454k (−39.5%)

Asking price is about 39.5% below the fair value — likely to draw competing offers if it's still on market.

$992/sqft median across 5 tight comps × 1,616 sqft= $1.60M
  • Days-on-market gravity−$48k −3.0%
  • Pre-war character+$40k +2.5%
  • Transit access+$8k +0.5%
Cumulative NYC adjustments+$0+0.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-28% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
228 days
Last price change
No change recorded
Listed
Sep 26, 2025
Photos
15 photos
Property type
condos
Status
for sale

Photos

Building Facts

Year built
1899
Stories
3
Total units
3
Residential units
3
Building area
3,591 sqft
Lot size
1,720 sqft
Land use
Multi-family walk-up buildings
Building class
R6

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,149,000for sale

Public Records

DOB violations1 open

1 total recorded against the building

HPD violations0 open

0 total recorded

ACRIS documents0

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)37,218

Top: noise - residential

Top complaint types in ZIP 11221

  • Noise - Residential4,573
  • HEAT/HOT WATER3,642
  • Illegal Parking3,289
  • UNSANITARY CONDITION1,850
  • Noise - Street/Sidewalk1,741

Recent DOB

  • Mar 5, 1992V-DOB VIOLATION - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.