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252 Cornelia St, Brooklyn, NY, 11221

252 Cornelia St
$850,000

Key Information

$ per SF
$170
Tot. SF
5,025
$ per unit
$142,000
Units
6
Type
Apartments

Highlights

  • Owner-User Opportunity: Ideal for an owner-user, this property provides the unique opportunity to build out an expansive duplex unit (1L, 2L), occupying ~1,450 SF while collecting rental income.
  • 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 nightlife.
  • 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.

Photos

Location

Agents

Broker of Record

Cory Rosenthal

License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203