78 Cornelia Street, New York, NY

Name: 78 Cornelia Street, For Sale in New York - Zoocasa
Brand: RE/MAX Edge
SKU: 1042433
Price: 1798000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,798,000

000

MLS® 1042433

Overview

Key Facts

Type Triplex

Levels Residential Income

Size -

Garage

Taxes $3,929

Days Active 0

Lot Size 0.0459 Acres

Approx. Age 1905

MLS® Number 1042433

Property Address: 78 Cornelia Street, New York, NY, 11221

Average square foot calculated using Size range provided by listing agent.

Description

Presenting an excellent opportunity to own a well-maintained 3-family property in the heart of Bushwick generating $11, 710 per month in total rental income, or $140, 520 in annual gross rent. The first-floor unit features 2 bedrooms and 2 full bathrooms, direct backyard access, split-zone heating and air conditioning, and baseboard heat, while the second- and third-floor units each offer 3 bedrooms and 2 full bathrooms, including a primary bedroom with a walk-in closet. The property also includes a spacious open-concept basement with a half bathroom, providing valuable additional space. Utilities are separately metered with 4 electric meters and 4 gas meters, including dedicated meters for each apartment and the common/public areas, and the gas boiler and hot water tank were installed in 2021. Situated on a 20' x 100' lot with R6 zoning, the property contains approximately 3, 000 square feet with an actual FAR of 1.50, compared with a maximum residential FAR of 2.43, indicating approximately 4, 860 square feet of maximum residential floor area and an estimated 1, 860 additional buildable square feet, subject to zoning, DOB approval, and independent verification. Transportation is a major convenience, with the J train at Halsey Street minutes away, J/Z trains at Gates Avenue are nearby, J/Z trains at Chauncey Street as well as the L train at Wilson Avenue and the M train at Knickerbocker Avenue, providing multiple options for convenient travel throughout Brooklyn and into Manhattan. With a desirable three-family configuration, spacious multi-bath layouts, separate utilities, strong existing rental income, excellent transit access, and potential unused development rights, this property presents a compelling opportunity for investors or owner-occupants alike. Property is being sold as-is. All information is deemed reliable but is not guaranteed.

MLS® Number1042433

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1905

BasementFinished, Full, See Remarks, Walk-Out Access

DrivewayNone

Garage Spaces

HeatBaseboard, Natural Gas, Other

A/CDuctless, Wall/Window Unit(s)

Extras

Map

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