219 Cornelia Street, Brooklyn, NY 11221
MULTI_FAMILY - Brooklyn, NY
- Added:
- Jun 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 11 at 2:06 am
Property Features for 219 Cornelia Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 3
- Interior features
- A/C Unit, A/C Unit - Wall
- Basement
- Unfinished
- Standard status
- Active
- Size
- 2,565 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3834
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Block
Listing agent Michael Chindemi (929) 469-5800
Listing office Revived Residential 300 E 56th St #25D, New York, NY (929) 379-3750
Listing date Jun 10, 2026
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Three‑family property offering over 2,500 SF of living space
- Includes 5 bedrooms and 3 bathrooms across the building
- Hardwood flooring throughout
- A/C unit and wall A/C units
- Block construction; built in 1910
- Convenient access to the L train at Jefferson Street and the M train at Central Avenue
Overview
Located in Brooklyn, the listing highlights convenient transit access to the L train at Jefferson Street and the M train at Central Avenue. Showings are by appointment.
This configuration can fit buyers looking for an owner-occupant setup, where one unit is used while other units help offset housing costs, as well as investors pursuing a multi-unit arrangement. With outdoor space and a well-defined three-family structure, the property offers a straightforward residential income-versus-occupancy option within an R6 zoning context.
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 | $130.8k | $51.00 |
| − Vacancy | −$2.5k | −$0.97 |
| EGI | $128.3k | $50.03 |
| − OpEx | −$38.5k | −$15.01 |
| NOI | $89.8k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.913175
- Latitude
- 40.692949
