$1,650,000
Updated 8 years ago
Sold

25 Cornelia Street

Bushwick, Brooklyn | Broadway & Bushwick Ave

18 Rooms11 Beds6 Baths3,000 Square FeetMulti-Family

$1,650,000
floors / apts3 / 3
Lot Size20'x100'
Built Size20'x50'
ZoneR6
Building TypeTownhouse
RE Taxes$3,108
Price Per SF
$550

This property was sold for $1,650,000 on 07/27/18.

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 25 Cornelia Street

25 Cornelia Street is a three unit building for the savvy investor or live-in homeowner seeking a strong cap rate and income potential. Completely turnkey, this meticulously kept building is set up as a three-bedroom ground floor duplex, and two, four bedroom apartments.Unit 1: The first level opens to an updated, open concept kitchen with Caesar stone countertops, stainless appliances, living/dining area and hardwood floors; a full bath including a jet tub, three bedrooms and access to the back yard. The first bedroom maintains traces of its original charm, with bay windows and exposed brick with a fireplace heath. The lower level is a spacious open floor-through space, great as a living room, rec room or large home office. This level includes a full bathroom with standing shower and a closet with a full size washer/dryer. Unit 2: This unit is a four bedroom, two-bath apartment with stainless appliances and a combo washer/dryer. Hardwood floors throughout the apartment. Unit 3: This unit is a four bedroom, two-bath apartment with similar details as unit 2, with the exception of a skylight over the living/dining area, 10 foot ceilings and a stack washer/dryer. Hot water heaters are like new and mechanicals are well maintained. Duplex is currently vacant and remaining units have market rate leases in place till May & July, with options to renew. Close proximity to the J/M/Z transit lines at the Halsey station.

Listing History for 25 Cornelia Street

Now
07/27/2018
$1,650,000
Sold and Closed by Alice Corporan
Corcoran
05/17/2018
Contract Signed by Alice Corporan
Corcoran

Building Details for 25 Cornelia Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Halsey St
0.14 miles
Gates Av
0.25 miles

Citi Bike

Broadway & Madison St
0.09 miles
Broadway & Hancock St
0.12 miles

Contact Agents

Contact Agents

Maria Toro
Corcoran

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: 72443TH