Buy with Yoreevo
$1,766,535
List Price: $1,798,000
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78 Cornelia Street

House in Bushwick •  building info
studio • 2,000ft² $899 per ft²
Buy with Yoreevo

$1,766,535

List Price

$1,798,000

Key Details
Days on market
15
Last price change
No recorded changes
Estimated payment
$10,555/mo
Taxes
$327/mo
Maintenance
N/A
Description
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 2021. 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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Home features
Central Air
Dishwasher
Hardwood floors
Private outdoor space

Private Garden

Building amenities
Services and facilities
Fios Available
Parking Available
Shared outdoor space
Courtyard
Building info

History
8/24/26
Listed
$1,798,000
$500,000
$420,000
What it'll cost
Purchase price
$1,798,000
Asking Price: $1,798,000
Term
30 Years
Down Payment
$179,000 (10%)
Min: 10% (179,000)
Rate
6.5 %
Mortgage Amount
$1,618,200
Mortgage Payment
$10,228
Taxes
$327
Estimated Yoreevo rebate
$31,465
Estimated closing cost
$63,000
Total monthly cost $10,555
Buy your dream home with us and get an estimated
$31,465 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of RE/MAX Edge

Information ©2026, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.