1019 Hancock Street Condominium
1019 Hancock Street, Brooklyn, NY 11221
Overview
1019 Hancock Street is a new 8-unit condo in Brooklyn.
- Offering plan: Accepted August 2024 · 296 pages · floor plans on page 24
- Finishes: 8'8" ceilings, engineered wood floors, quartz kitchen countertops, Vissani and Hotpoint appliances, washer/dryer hook-ups, GROHE bathroom fittings and split-system units for heating and cooling
- Prices: $1,154 a square foot on average, as first offered; $7.27 million in all ($7.5 million when first offered)
- Common charges: $351–$510 a month, the sponsor's first-year estimate
- Sponsor: 1019 Hancock Street LLC, represented by Eial Girtz, PC; principals Aviad Rave
- Subway: 3-minute walk to Halsey St (J); 9 minutes to Chauncey St (J, Z)
- Amendments: 3, the latest in September 2026
- Units
- 8 residential
- Subway
- 3 min walk to Halsey St JChauncey St J Z, 9 min
- Principals
- Aviad Rave
- Average $/sf
- $1,154Homes in Schedule A, as first offered
- Common charges
- $351–$510 a monthSponsor's first-year estimate in Schedule A, January 1, 2025 To December 31, 2025
- Offering price
- $7.27 million total $7.5 million when first offered
- Floor plans
- Page 24 of the plan
- SubmittedApril 2025
- AcceptedAugust 2024
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
5 of 8homes sold (63%)
From city records (ACRIS), through Aug 31, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
Ask Claude or ChatGPT: How do 1019 Hancock Street's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills.
Each home's estimate, city bills and tax breaksSee it free →Compare
| Figure | This building1 | 1020 Hancock28 units · 0 miaccepted 2024 | 1048 Flushing38 units · 1.3 miaccepted 2024 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.51In line | $0.59 | $0.43 |
| Average Offering PricePer Apartment | $903,125In line | $780,250 | $1.02M |
| Average PricePer Square Foot | $1,154Below peers | $1,181 | $1,183 |
| Average Unit SizeSquare Feet | 783 SFIn line | 661 SF | 859 SF |
How We Got This
- Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
- Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
- Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
- Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.
Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 8 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Mar 26, 2026
Plan extended 6 months; Temporary Certificate of Occupancy issued; three units closed; five units remain unsold with specified monthly charges.
- Plan extended 6 months
- Declaration of Condominium recorded December 24, 2025
- Temporary Certificate of Occupancy issued January 12, 2026; Permanent Certificate expected in approximately 30 days
- $5,000.00 held in escrow to secure Permanent Certificate of Occupancy
- First Unit Closing (Unit 3A) on February 13, 2026; Units 2A and 4B also closed; Units 1A, 1B, 2B, 3B, 4A unsold
- Working capital account balance $765.14; reserve account balance $0.00 (target $3,900.00)
- Sponsor covering all operating costs; delaying common charges collection with 30-day notice right
- Construction financing from LYZ Corp. $3,200,000.00; Units 2A, 3A, 4B released; remaining units pledged
Amendment 1 Apr 29, 2025
Plan extended 6 months; declared effective August 11, 2025 after two units sold; building as-built changes documented with storage spaces added.
- Plan extended 6 months
- Declared effective August 11, 2025 based on sale of 2 units (25% of 8 residential units)
- One additional unit sold after effective date; Unit 4A contract terminated
- Three storage spaces in cellar assigned to Units 3B, 4A, and 4B
- Unit 1A limited common area front yard reduced from 164 sq. ft. to 138 sq. ft.
- Unit 3B: 39 sq. ft. storage added; Unit 4A: 36 sq. ft. storage added; Unit 4B: 41 sq. ft. storage added
- New financing from LYZ Corp. for $3,500,000.00; lender lien releases at 100% net proceeds per unit
- Serhant retained as Selling Agent
Team
- Sponsor
- 1019 Hancock Street LLC
- Principals
- Aviad Rave
- Counsel
- Eial Girtz, PC
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- LYZ$3.2 million loan stated in the plan
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Hastings Housenext door · 10 units · 2022
- 1060 Jefferson Condominiumnext door · 10 units · 2022
- 1020 Hancock Street Condominiumnext door · 8 units · 2024
- 1255 Bushwick Avenue Condominiumnext door · 32 units · 16 parking · 2017
- 1064 Hancock Street Condominiumnext door · 10 units · 2023
- 80 Cornelia Street Condominium0.1 mi · 3 units · 2025
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