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78 Cornelia Street

Brooklyn, NY 11221
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Bed --

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Bath 0

Bath

Acres0.05

Acre(Lot)

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 20 21. 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,798,000

AD Id : 89981020

MLS Id : 1042433

Lot Size : 0.05 Acre

Year Built : 1905

County : Kings (Brooklyn)

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Feature Features

  • Room Information

    Basement: Finished, Full, Walk-Out Access
  • Interior Features

    Open Floorplan, Other
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Natural Gas, Other Has Cooling: Yes Cooling: Ductless, Wall/Window Unit(s)

  • Building Information

    Year Built: 1905 Building Area Total: 3000 Construction Materials: Vinyl Siding Private Pool: No

  • Lot Information

    Lot Size Acres: 0.0459 Lot Size Square Feet: 2000

  • Listing Price Information

    Listing Price: $1798000

  • Tax Information

    Parcel Number: 03381-0018 Annual Tax: $3929

  • Parking Information

    No Garage, None

  • School Information

    Elementary School: Contact Agent
    Junior High School: Call Listing Agent
    Senior High School: Contact Agent
  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 08/29/2026 @ 04:10

MLS: 1042433 LISTED BY: Ruslan Mingazov, RE/MAX Edge 718-288-3835 SOURCE: OneKey MLS

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