NOT LISTED FOR SALE

203 Cornelia St Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,113,000 - $2,229,000

4 Beds
3 Baths
2,430 Sq Ft
$666/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2022

Last sale price $1,030,837 $424 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $9,005 / mo

21 Days on Market

Highlights

  • Property is near public transit
  • Hot Water Heating System
  • 4-minute walk to Bushwick Playground
  • Park

About This Home

As of December 2022

Three family house located in the vibrant neighborhood of Bushwick, Brooklyn. Potential buyers, this can be an affordable way to purchase into one of NYC's most desirable neighborhoods by living in one unit and renting out the other two units or it can be a great addition to an investor's portfolio. Conveniently located near the L, J, And Z Subways. About a 30-minute commute to Union Square via public transportation. Don't wait, call now!

Last Agent to Sell the Property

Jim Pappas

Rock Realty Inc License #10311200403 Listed on: 11/16/2022

Last Buyer's Agent

Constantine Pappas

Rock Realty Inc License #10301215463

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,306

Year Built

  • Built in 1910

Lot Details

  • 1,800 Sq Ft Lot
  • Lot Dimensions are 18x100
  • Two or More Common Walls

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 106 Edward Everett Hale Elementary School
  • JHS 291 Roland Hayes Middle School
  • Bushwick Community High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Legal Lot and Block 54 / 3376
  • Assessor Parcel Number 03376-0054

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,306

Year Built

Built in 1910

Lot Details

1,800 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Building Size: 18X45
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 718-478-4545
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Total Bedrooms: 4
  • Kitchens: 3

Exterior Features

  • Construction Materials: Frame, Aluminum Siding
  • Flood Zone Date: 2022-11-18
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Hot Water: Fuel Oil Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 291 Roland Hayes

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Dimensions: 18x100
  • Lot Size Sq Ft: 1800.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03376-0054
  • Zoning Description: R6
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-12-23
  • Tax Annual Amount: 2306.04
  • Tax Block: 3376
  • Tax Lot: 54
  • Tax Map Number: 03376-0054

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Elementary School: Ps 106 Edward Everett Hale
  • High School: Bushwick Community Hs
  • Middle School District: Brooklyn 32

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
Bought by
Current Estimated Value
$1,619,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,992,434
Outstanding Balance
$32,270,119
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$30,650,786

Purchase Details

Closed on
Jan 23, 2024
Sold by
Bought by

Purchase Details

Listed on
Nov 16, 2022
Closed on
Dec 22, 2022
Sold by
Bought by
Seller's Agent
Jim Pappas
Rock Realty Inc
Buyer's Agent
Constantine Pappas
Rock Realty Inc
List Price
$995,000
Sold Price
$1,030,837
Premium/Discount to List
$35,837
3.6%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%
Original Mortgage
$1,000,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2019
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 16, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 5, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- --
-- --
$2,195,000 --
$2,195,000 --
$2,195,000 --
$1,049,650 --
$1,049,650 --
$1,049,650 --
$891,324 --
$891,324 --
$891,324 --
$452,500 --
$452,500 --
$320,000 --
$320,000 --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $32,992,434
Closed $32,992,434
Previous Owner $1,000,000
Previous Owner $584,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/23/2022 12/23/22 Sold $1,030,837 +3.6% $424 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $995,000 -- $409 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,691 $106,860 $10,920 $95,940
2025 $2,655 $95,280 $10,920 $84,360
2024 $2,655 $91,080 $10,920 $80,160
2023 $2,539 $97,740 $10,920 $86,820
2022 $2,360 $78,240 $10,920 $67,320
2021 $2,352 $60,420 $10,920 $49,500
2020 $1,168 $61,980 $10,920 $51,060
2019 $2,304 $57,600 $10,920 $46,680
2018 $2,124 $10,419 $1,504 $8,915
2017 $2,008 $9,852 $2,033 $7,819
2016 $1,862 $9,313 $2,596 $6,717
2015 $1,121 $9,304 $2,553 $6,751
2014 $1,121 $9,180 $3,020 $6,160
Source: Public Records

Agents Affiliated with this Home

  • Jim Pappas

    Seller's Agent in 2022

    Jim Pappas

    Rock Realty Inc

    (718) 478-4545

    1 in this area

    116 Total Sales

    Jim Pappas
    Section Image
  • Constantine Pappas

    Buyer's Agent in 2022

    Constantine Pappas

    Rock Realty Inc

    (718) 478-4545

    1 in this area

    52 Total Sales

    Constantine Pappas
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3443968

OneKey® MLS

APN: 03376-0054

New York Kings County Brooklyn 11221 Bushwick

203 Cornelia St, Brooklyn, NY

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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID

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