260 Cornelia St
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260 Cornelia St
6 Unit Apartment Building $2,950,000 ($491,667/Unit) Brooklyn, NY 11221
Executive Summary
260 Cornelia Street - Description
• 6-Family | High-End Apartment Finishes | 100% Free Market
• Converted from 4-Family | New CO Issued in 2024 | Exempt from Good Cause Eviction
• Nearby Attractions Include Irving Square Park, Local Restaurants and Several Well-Known Bars
• Located in a Vibrant and Growing Pocket of South Bushwick | Area Has Seen Explosive Rent Growth and Development
• Proximity to L-Train at Wilson Avenue and Halsey Street Station
• Asking: $2,950,000 | $587/SF
• 6-Family | High-End Apartment Finishes | 100% Free Market
• Converted from 4-Family | New CO Issued in 2024 | Exempt from Good Cause Eviction
• Nearby Attractions Include Irving Square Park, Local Restaurants and Several Well-Known Bars
• Located in a Vibrant and Growing Pocket of South Bushwick | Area Has Seen Explosive Rent Growth and Development
• Proximity to L-Train at Wilson Avenue and Halsey Street Station
• Asking: $2,950,000 | $587/SF
Property Facts
| Price | $2,950,000 | Apartment Style | Low Rise |
| Price Per Unit | $491,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Gross Rent Multiplier | 14.2 | Building Size | 5,025 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1907 |
| Price | $2,950,000 |
| Price Per Unit | $491,667 |
| Sale Type | Investment |
| Gross Rent Multiplier | 14.2 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,025 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1907 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Kitchen
- Tub/Shower
- Garden
- Skylights
Site Amenities
- Storage Space
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 741 |
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Walk Score ®
Very Walkable (86)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 03384-0017 | Improvements Assessment | $473,850 |
| Land Assessment | $67,950 | Total Assessment | $541,800 |
PROPERTY TAXES
Parcel Number
03384-0017
Land Assessment
$67,950
Improvements Assessment
$473,850
Total Assessment
$541,800
zoning
| Zoning Code | R6 (Medium density residential district) |
| R6 (Medium density residential district) |
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260 Cornelia St
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