219 Cornelia St, Brooklyn, NY 11221
Spacious three-unit structure with outdoor space and multiple bedrooms, supporting flexible living and rental arrangements.
- Added:
- Jun 12, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 13 at 2:10 am
Property Features for 219 Cornelia St
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing agent Michael Chindemi (929) 379-3750
Listing office Revived Residential (929) 379-3750
Listing date Jun 12, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Revived Residential
HighLights
- 1910‑built three‑family property with 2,500+ sq ft of living space
- 5 bedrooms and 3 bathrooms across the three units
- Expansive outdoor area for entertaining, gardening, or private use
- Convenient transit access: L train at Jefferson St and M train at Central Ave
- High walk/bike/transit scores: 82 Walk Score, 70 Bike Score, 84 Transit Score
Overview
The building is positioned in Bushwick with access to major transit lines, including the L train at Jefferson Street and the M train at Central Avenue. This connectivity supports commutes into Manhattan and the surrounding Brooklyn area. WalkScore, bikeScore, and transitScore indicate the neighborhood is very walkable, very bikeable, and served by excellent transit.
This is a practical fit for buyers seeking a property that can support owner-occupancy alongside rental income, or for investors evaluating a multi-unit residential asset. With three separate residential units, the building offers operational flexibility compared to a single-family setup, while the outdoor area adds an amenity that can be meaningful to residents. Showings are by appointment, and some photos are virtual staged.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $127.5k | $51.00 |
| − Vacancy | −$2.4k | −$0.97 |
| EGI | $125.1k | $50.03 |
| − OpEx | −$37.5k | −$15.01 |
| NOI | $87.6k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.913216
- Latitude
- 40.692905
