NOT LISTED FOR SALE

Estimated Value: $1,208,000 - $1,555,000

Studio
-- Bath
2,565 Sq Ft
$526/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2020

Last sale price $1,175,000 $458 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,554 / mo

17 Days on Market

Highlights

  • Pre War Building
  • Community Garden
  • 4-minute walk to Bushwick Playground

About This Home

As of September 2020

Don't miss the opportunity to own your own entire townhouse for the price of a two-bedroom condo! Nestled on a tree-lined street in prime Bushwick, 221 Cornelia Street is turnkey and move-in ready. With a flexible layout, it offers the enterprising buyer an affordable opportunity to re-design a custom one-or-two family home to live in for a lifetime. This is the perfect property for a buyer looking to showcase their own taste rather than being stuck with someone else's design, but on a manageable scale that won't take forever. The house comes with some lovely original details, in addition to a huge back yard and a fantastic location. Offering 2,565 sq. ft. over three floors of comfortable living space plus an unfinished basement with an additional 855 sq. ft., this spacious and charming home is a legal 2-family with separate meters separated that is presently being utilized as a single family by its current owners. The garden level is currently being used as an artist workspace with all the connections in place for you to build out a second kitchen. A separate laundry combined powder room with full size washer and dryer appliances provide added convenience. Step out into a spacious, peaceful garden with mature plants and trees, including lovely roses in full bloom. The parlor level features two bedrooms with a beautiful home office masterfully outfitted with original built-ins and glass shelving, French doors, tin ceilings, and a decorative fireplace perfectly restored along with a newly renovated bathroom. The second floor is a fully renovated, turnkey floor-through two-bedroom apartment with a modern kitchen and bathroom and features a decorative fireplace, original French doors and hardware. You should really do a virtually walk through of this home to understand its unique potential. When redesigned this home makes a picture perfect two-family, four-bedroom PLUS townhouse with the parlor and garden levels converted into a generous size owner's unit with a floor through master suite and access to the private garden and the second floor as the income producing rental unit. A selection of original details remain intact and have been meticulously restored including original French doors, door hardware, fireplace mantles, exposed beams, a dramatic staircase, and high ceilings. East and West exposure guarantees great light all day on all floors. Set nicely back from the street you can indulge in landscaping both your front and back yards and also enjoy extra privacy. And don't miss the incredibly low taxes of only $2,332 per YEAR! Install a new efficient heating and cooling system, and the monthly cost to run this house will be lower than a small condo.Bushwick provides a friendly communal atmosphere; surrounded by creativity, bohemian vibes and the energy of a culturally diverse community offering superb dining, craft cocktail joints, homemade marketplaces, cutting edge art galleries, music venues, and wide range of eclectic destination hang-outs. Local favorites include: Bushwick Public House, Maite, Archie's, Mominette, Arepera Guacuco, Dweebs, Bossa Nova Civic Club, El Cortez, Mood Ring, Foster Sundry, Dillinger's, Roberta's, Momo Sushi and Sunrise/ Sunset. Transportation: L at Halsey is only 3 blocks away, the L/M at Myrtle-Wyckoff a mere 4 blocks, and just 3 blocks to the J at Halsey, allowing for a myriad of options for an easy commute to Manhattan.

Last Agent to Sell the Property

Allison Dubuisson

Douglas Elliman Real Estate License #10301217375 Listed on: 06/26/2020

Douglas Elliman Real Estate

Co-Listed By

Fredrik Eklund

Douglas Elliman Real Estate License #10301206888

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Home Design

  • Pre War Building

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Legal Lot and Block 45 / 3376

Community Details

Overview

  • 2 Units
  • Busk Subdivision

Amenities

  • Community Garden

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Wilson Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BUSK
  • Architectural Style: Prewar
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1910

Tax Info

  • Tax Block: 3376
  • Tax Lot: 45

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

Listed on
Jun 26, 2020
Closed on
Sep 23, 2020
Sold by
Bought by
Seller's Agent
Allison Dubuisson
Douglas Elliman Real Estate
List Price
$1,175,000
Sold Price
$1,175,000
Current Estimated Value
$1,349,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,158
Avg. Annual Appreciation
2.42%
Original Mortgage
$587,500
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2010
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
$286,811
Interest Rate
0.0475%
Mortgage Type
FHA
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

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
$1,175,000 --
$330,000 --
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 $587,500
Previous Owner $286,811
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
09/29/2020 09/29/20 Sold $1,175,000 0.0% $458 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $1,175,000 -- $458 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $97,620 $9,360 $88,260
2025 $2,655 $94,860 $9,360 $85,500
2024 $2,655 $90,660 $9,360 $81,300
2023 $2,539 $80,100 $9,360 $70,740
2022 $2,360 $75,420 $9,360 $66,060
2021 $2,352 $82,740 $9,360 $73,380
2020 $1,168 $74,520 $9,360 $65,160
2019 $2,304 $60,780 $9,360 $51,420
2018 $2,124 $10,419 $1,407 $9,012
2017 $2,008 $9,852 $1,715 $8,137
2016 $1,862 $9,313 $2,188 $7,125
2015 $1,121 $9,304 $2,458 $6,846
2014 $1,121 $9,180 $2,911 $6,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10642341

Real Estate Board of New York (REBNY)

APN: 03376-0045

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