NOT LISTED FOR SALE

Estimated Value: $1,054,650 - $1,695,000

Studio
-- Bath
3,600 Sq Ft
$373/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $1,100,000 $306 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,281/month

291 Days on Market

Highlights

  • Rooftop Deck
  • Laundry Facilities
  • 2-minute walk to Bushwick Playground

About This Home

As of September 2020

PLEASE KEEP IN MIND THAT ALL OPEN HOUSES + SHOWINGS ARE BY APPOINTMENT ONLYVIRTUAL 3D TOUR LINK: to 277 Cornelia Street, a legal two family on a prime tree lined street in Bushwick. The home is currently configured as an owner's duplex with a rental unit above. The layout is 20x60ft and 2,460 FAR (please confirm these specs with your architect). The house was originally built in 1910, but both units have been recently fully renovated. The owner's duplex is a three bedroom/two bath that opens up to an oversized backyard. The upstairs apartment has an open concept, three bedrooms and two baths and will be delivered vacant upon closing. Each unit has high ceilings that allow for great natural sunlight.277 Cornelia is conveniently located near L, M, and J subways and a quick walk to Irving Square Park and Bushwick Playground. Other local attractions include numerous restaurants, coffee shops, and The Bushwick Collective.

Last Agent to Sell the Property

Erion Ahmetaj

Compass License #10301219187 Listed on: 10/11/2019

Compass

Co-Listed By

Danielle Mickiewicz

Compass License #10301219086

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 3-Story Property

Listing and Financial Details

  • Legal Lot and Block 47 / 3377

Community Details

Overview

  • 2 Units
  • Busk Subdivision

Amenities

  • Rooftop Deck
  • Community Garden
  • Building Terrace
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cross Street: Knickerbocker
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BUSK
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden, Building Roof Deck
  • Patio/Porch Features: Building Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Heating: Building Natural Gas

Building Info

  • Units: 2
  • Total Stories: 3

Tax Info

  • Tax Block: 3377
  • Tax Lot: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Sep 23, 2020
Sold by
Ordonez Francisco A
Bought by
Seytre Chloe
Seller's Agent
Erion Ahmetaj
Compass
List Price
$1,499,995
Sold Price
$1,100,000
Premium/Discount to List
-$399,995
-26.67%
Current Estimated Value
$1,343,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,913
Avg. Annual Appreciation
3.82%

Purchase Details

Closed on
Jul 7, 2004
Sold by
Orozco John
Bought by
Ordonez Francisco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.28%

Purchase Details

Closed on
Jun 20, 2002
Sold by
Sugar Equites Inc
Bought by
Orozco John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,875
Interest Rate
6.73%

Purchase Details

Closed on
Mar 22, 2002
Sold by
Homeside Lending Inc
Bought by
Sugar Equities Inc

Purchase Details

Closed on
Jun 7, 2001
Sold by
Silverstein Walter C Re and Davis Emma Def
Bought by
Homeside Lending Inc

Purchase Details

Closed on
May 24, 1996
Sold by
Webb Elsa
Bought by
Davis Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,650
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage
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
Seytre Chloe $1,100,000 --
Seytre Chloe $1,100,000 --
Ordonez Francisco A $420,000 --
Ordonez Francisco A $420,000 --
Orozco John -- --
Orozco John -- --
Sugar Equities Inc -- --
Sugar Equities Inc -- --
Homeside Lending Inc -- --
Homeside Lending Inc -- --
Davis Emma $145,000 --
Webb Elsa $80,000 --
Webb Elsa $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ordonez Francisco A $84,000
Previous Owner Ordonez Francisco A $336,000
Previous Owner Orozco John $43,875
Previous Owner Orozco John $234,000
Previous Owner Webb Elsa $144,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $1,100,000 -- --
09/23/2020 09/23/20 Sold $1,100,000 -26.7% $306 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
10/11/2019 10/11/19 For Sale $1,499,995 -- $417 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $3,634 $76,620 $12,180 $64,440
2024 $3,634 $90,120 $12,180 $77,940
2023 $3,432 $83,700 $12,180 $71,520
2022 $2,414 $68,520 $12,180 $56,340
2021 $3,204 $55,920 $12,180 $43,740
2020 $787 $55,740 $12,180 $43,560
2019 $3,154 $55,740 $12,180 $43,560
2018 $2,903 $14,239 $3,326 $10,913
2017 $2,739 $13,436 $2,532 $10,904
2016 $2,536 $12,688 $3,219 $9,469
2015 $1,309 $12,688 $3,314 $9,374
2014 $1,309 $12,565 $3,680 $8,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10613120

Real Estate Board of New York (REBNY)

APN: 03377-0047