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252 Cornelia St

$850,000

252 Cornelia Street, Brooklyn, NY 11221

Active
Last Updated: 09/29/2025

5,025 sqft

Building Size

2,500 sqft

Lot Area

Details:
Building Size:    5,025 sqft
Lot Area:    2,500 sqft
Units:    6
Price Per Sqft:    $170
Price Per Unit:    $142,000
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.
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