NOT LISTED FOR SALE

Estimated Value: $1,683,000 - $2,334,000

Studio
-- Bath
3,960 Sq Ft
$488/Sq Ft Est. Value

Last Sold November 02, 2017

Last sale price $1,575,000 $398 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $11,049/month

179 Days on Market

About This Home

As of November 2017

BACK ON MARKET!

TWO-O-SEVEN CORNELIA
This rare, FOUR STORY, TWO FAMILY town house is brand new and conveniently located within 30 minutes of Union Square on four major train lines!

Built a full 18x55 on four floors, all floors are above ground yielding an impressive 3,960 square feet, plus 990 sqft roof deck, two terraces and landscaped yard.

Inside, this home boasts two large duplexes. The lower duplex features 2 bedrooms, 2.5 bathrooms, laundry and yard access. The upper duplex features 3 bedrooms, 2.5 bathrooms, laundry, 2 terraces and private roof deck. Mechanically state of the art, this home features a built in sound system, central heat and AC and completely separate utilities.

"Live-Plus-Income" with potential rent of $3,000 to $4,000 per month to pay for almost all of your mortgage. Or buy with friends and each take a huge duplex with private outdoor space. The first floor has an additional private entrance to the street offering several possibilities. It can be used by an owner for a studio, business or may potentially convert the ground floor to a separate third apartment.

Investor buyers here can enjoy strong income and major appreciation since 207 Cornelia is conveniently located near restaurants and shopping along Knickerbocker Avenue and Broadway and equidistant to the Myrtle-Wycoff Ave L, Gates avenue J/Z, Knickerbocker Ave M.

Last Agent to Sell the Property

Bren Salamon

Douglas Elliman Real Estate License #10301209524 Listed on: 04/04/2017

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2017

Lot Details

  • Garden

Interior Spaces

  • 3,960 Sq Ft Home
  • 4-Story Property

Community Details

  • 2 Units
  • Busk Subdivision

Listing and Financial Details

  • Tax Block 3376

Property Details

Home Type

Multi-Family

Year Built

Built in 2017

Lot Details

1,786 Sq Ft Lot

Listing Details

  • Cross Street: Wilson Ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BUSK
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 3960.0
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Rooftop

Building Info

  • Units: 2
  • Total Stories: 4
  • Year Built: 2017

Tax Info

  • Tax Block: 3376

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2019
Sold by
Margel Trustee Isidor
Bought by
Hgh Holdings Llc
Current Estimated Value
$1,932,169

Purchase Details

Closed on
Aug 31, 2018
Sold by
Trust No 3 For The Benefit Of Gail Lubch
Bought by
Hgh Holdings Llc

Purchase Details

Listed on
Apr 4, 2017
Closed on
Nov 2, 2017
Sold by
R & D Equity Llc
Bought by
Leslie Fox As Trustee Of Trust No 3 and Leslie Fox, As Trustee Of Trust No 4
Seller's Agent
Bren Salamon
Douglas Elliman Real Estate
List Price
$1,649,000
Sold Price
$1,575,000
Premium/Discount to List
-$74,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%

Purchase Details

Closed on
Dec 9, 2015
Sold by
Suero Elizabeth
Bought by
R & D Equity Llc

Purchase Details

Closed on
Jul 30, 2001
Sold by
Citibank Na
Bought by
First Homeproperties Llc

Purchase Details

Closed on
Apr 20, 2001
Sold by
Suero Elizabeth
Bought by
Suero Elizabeth
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hgh Holdings Llc $10 --
Hgh Holdings Llc -- --
Leslie Fox As Trustee Of Trust No 3 $1,575,000 --
R & D Equity Llc $250,000 --
First Homeproperties Llc -- --
Suero Elizabeth -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2017 11/02/17 Sold $1,575,000 -4.5% $398 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $1,649,000 -- $416 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

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
2025 $13,497 $105,420 $12,480 $92,940
2024 $13,497 $102,240 $12,480 $89,760
2023 $12,875 $90,360 $12,480 $77,880
2022 $11,939 $95,160 $12,480 $82,680
2021 $12,587 $89,040 $12,480 $76,560
2019 $12,489 $75,660 $12,480 $63,180
2018 $11,481 $56,322 $9,683 $46,639
2017 $5,075 $24,896 $7,283 $17,613
2016 $497 $2,487 $2,487 $0
2015 $283 $2,466 $2,466 $0
2014 $283 $2,328 $2,328 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10101023

Real Estate Board of New York (REBNY)

APN: 03376-0052

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