HIGHLIGHTS
- Owner-User Opportunity: Ideal for an owner-user, this property provides the unique opportunity to build out an expansive duplex unit (1L, 2L), occupyi
- Low Basis: Priced at $169 per SF—well below the year-to-date Bushwick multifamily average of $303 per SF.
- Premier Location: Located 3 blocks from Irving Square Park and half a block from Knickerbocker Avenue offering great retail, restaurants, and nightlif
- Tax Class Protection: Designated as a 2A Tax Class property, capping tax increases at 8% annually or 30% over five years.
- Transit-Oriented Location: Short distance from the Myrtle-Wyckoff L train and the Gates Ave J, Z-line.
FOR SALE DETAILS
PRICE
$850,000 USD
PRICE/SF
$169 USD /SF
# OF UNITS
6
PRICE/UNIT
$141,667
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
252 Cornelia St
PROPERTY TYPE
Multi-Family
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
2000
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
03384-0014
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914-561-8609
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914-561-8609
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