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Multifamily

260 Cornelia St

260 Cornelia St, Brooklyn, NY 11221

Listing Price: $2,950,000

Cap Rate
5.40%
Number of Units
6
GRM
14.17
Price/Unit
$491,667
Price/Gross SF
$587.06
Gross SF
5,025

Investment Overview

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

Investment Highlights

  • 6-Family | High-End Apartment Finishes | 100% Free Market Located in a Vibrant and Growing Pocket of South Bushwick | Area Has Seen Explosive Rent Growth and Development
  • Converted from 4-Family | New CO Issued in 2024 | Exempt from Good Cause Eviction Proximity to L-Train at Wilson Avenue and Halsey Street Station
  • Nearby Attractions Include Irving Square Park, Local Restaurants and Several Well-Known Bars Asking: $2,950,000 | $587/SF

Exclusively Listed By

Financing By

Multifamily

260 Cornelia St

Listing Price: $2,950,000

Cap Rate
5.40%
Number of Units
6
GRM
14.17
Price/Unit
$491,667
Price/Gross SF
$587.06
Gross SF
5,025

Investment Highlights

  • 6-Family | High-End Apartment Finishes | 100% Free Market Located in a Vibrant and Growing Pocket of South Bushwick | Area Has Seen Explosive Rent Growth and Development
  • Converted from 4-Family | New CO Issued in 2024 | Exempt from Good Cause Eviction Proximity to L-Train at Wilson Avenue and Halsey Street Station
  • Nearby Attractions Include Irving Square Park, Local Restaurants and Several Well-Known Bars Asking: $2,950,000 | $587/SF

Investment Overview

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

Exclusively Listed By

Financing By

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