$1,149,000
Updated 10 years ago
Off Market

279 Cornelia Street

Bushwick, Brooklyn | Wilson Ave & Knickerbocker Ave

10 Beds3 Baths2,000 Square FeetMulti-Family

$1,149,000
floors / apts2 / 2
Lot Size20'x100'
Built Size20'x60'
Building TypeHouse
RE Taxes$2,208
Price Per SF
$575

Building Amenities

  • Voice Intercom

Property Description for 279 Cornelia Street

This is a prime Bushwick two family in excellent move in condition. This is a spectacular opportunity to live in while collecting a substantial rental income to offset your mortgage or to simply hold as a cash generating investment property. The building is huge, built 20 x 60 (1200ft per floor X 3 floors =3600ft) on a generous 100 foot lot. Zoned R6 allowing for an additional 1000ft of BSF As of Right. It is currently configured as a Jumbo top floor four bedroom + home office /one and a half bath apartment over an owners two bedroom one bath duplex with a sprawling lower level rec space(s). Conveniently located off the Myrtle/Wyckoff L & M train, 15 Min to Williamsburg, 25 min to Manhattan. Bushwick continues to grow as one of Brooklyn's go to core neighborhoods for the creative, entrepreneurial and trendsetting mind set. Purchaser to independently verify BSF.

Listing History for 279 Cornelia Street

Now
04/03/2016
POM by Adam Sikorski
Compass
01/04/2016
TOM by Adam Sikorski
Compass

Building Details for 279 Cornelia Street

OwnershipMulti-Family
Building TypeHouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts2/2
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle-Wyckoff Avs
0.36 miles
Halsey St
0.41 miles

Citi Bike

Putnam Ave & Knickerbocker Ave
0.08 miles
Knickerbocker Ave & Hancock St
0.11 miles

Contact Agents

Contact Agents

Bushwick | Brooklyn

Quick Profile

As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century. 

With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue. 

Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs. 

But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here). 

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.
OLR ID: 30198TH