$1,599,000
Updated 9 years ago
Off Market

80 Cornelia Street

Bushwick, Brooklyn | Bushwick Ave & Evergreen Ave

16 Rooms9 Beds3.5 Baths3,000 Square FeetMulti-Family

$1,599,000
floors / apts3 / 3
Lot Size20'x100'
Built Size20'x50'
ZoneR6
Building TypeHouse
RE Taxes$2,566
Price Per SF
$533

Listing Features

  • Original Details

Property Description for 80 Cornelia Street

80 Cornelia StreetBushwick, 11722LIVE | INVEST | DEVELOP80 Cornelia Street in burgeoning Bushwick, Brooklyn is bursting with possibilities for today, and the future. This stately three (3) unit townhouse is built 20 x 50 on three floors, totaling 3,000 SF, PLUS semi-finished English basement. Upon entry, a turn-of-the-century newel post with accompanying balustrade, spindles, and banister greets you. Additional Prewar details including plaster medallions, crown, picture frame, and window moldings giving all three floors continuity, and a contiguous feeling for use as a single-unit property. Strong bones, and high ceilings are an added bonus. The home is delivered vacant, allowing for immediate customization. Occupy the entire property, or earn supplemental income from free-market rental units. Perhaps, youd rather not occupy, but possess and collect free-market rent from three (3) separate streams of income. Maybe you prefer a more short-term investment, like a boutique condominium conversion project? 80 Cornelia Street FAR is 2.43, allowing for an additional 1,800 SF, for a total of 4,680 SF. A recent condominium comparable sold for $793/PPSF. (Call for more details on the condominium conversion process.) Nestled in the heart of Bushwick, between Bushwick/Evergreen avenues. Area amenities include fantastic dining, art galleries, yoga, and fitness centers, along with sundry necessities like grocery, dry cleaning, beauty services, and health food stores. Transportation includes the J at Halsey St. Station, J/M trains at Gates Avenue Station, and A/C at Broadway Junction Station. Buses include B7, B20, B20 Q24, and B60.Shown exclusively by The Morris Team at The Corcoran Group

Listing History for 80 Cornelia Street

Now
10/04/2017
POM by Anthony Morris
Corcoran
05/16/2017
$1,599,000
Initial Price by Anthony Morris
Corcoran

Building Details for 80 Cornelia Street

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Halsey St
0.21 miles
Gates Av
0.32 miles

Citi Bike

Jefferson Ave & Evergreen Ave
0.09 miles
Madison St & Evergreen Ave
0.14 miles

Contact Agents

Contact Agents

Lisa James
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: 69391TH