$1,200,000
Updated 11 years ago
Off Market

280 Cornelia Street

Bushwick, Brooklyn | Wilson Ave & Knickerbocker Ave

6 Beds3 Baths3,000 Square FeetMulti-Family

$1,200,000
floors / apts2 / 2
Lot Size20'x100'
Built Size20'x50'
ZoneR6
Building TypeTownhouse
RE Taxes$2,186
Price Per SF
$400

Building Amenities

  • Voice Intercom

Property Description for 280 Cornelia Street

Bring your architect and/or contractor to this Bushwick townhouse. The building is a 20 x 50 foot gem with excellent potential for future investment. This building is ideal for multi-family rental or primary residence with potential rental income. The building sits on a 20 x 100 foot lot with FAR of 4860 (via property shark - please independently verify). Low taxes at $2206.89 per year! The building was originally built in 1901 and is the perfect asset for anyone looking for an amazing opportunity to own in one of the hottest neighborhoods in Brooklyn. Subway and shopping very close and no current Certificate of Occupancy. This building is ideal for an acquisition/construction loan candidate. 20 footers are difficult to come by and with this property the design palette is endless. Presently Occupied but can be delivered vacant. *** Photos and Floor Plans Coming Soon !****

Listing History for 280 Cornelia Street

Now
12/07/2015
POM by Keith Arthur
Compass
09/08/2015
TOM by Keith Arthur
Compass

Building Details for 280 Cornelia Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts2/2
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle-Wyckoff Avs
0.37 miles
Halsey St
0.39 miles

Citi Bike

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

Contact Agent

Contact Agent

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: 57257TH