8-FAMILY 59 NEWEL STREET, BROOKLYN , NEW YORK 11222- GREAT INVESTMENT OPPORTUNITY IN THE HEART OF GREENPOINT! THIS WELL-MAINTAINED FOUR-STORY WALK-UP BUILDING FEATURES 8 RENT-STABILIZED RESIDENTIAL UNITS AND APPROXIMATELY 8,000 SQUARE FEET OF INTERIOR SPACE ON A 25' X 80' BUILDING FOOTPRINT WITH R6B ZONING.EACH SPACIOUS UNIT OFFERS 2 BEDROOMS, A BRIGHT LIVING ROOM, FULL BATHROOM, AND A SEPARATE KITCHEN, PROVIDING STRONG AND CONSISTENT RENTAL APPEAL. THE PROPERTY ALSO INCLUDES A FULL BASEMENT, OFFERING ADDITIONAL STORAGE AND OPERATIONAL FLEXIBILITY.METICULOUSLY MAINTAINED AND IN EXCELLENT CONDITION, THIS BUILDING IS BEING SOLD AS IS AND PRESENTS A RARE OPPORTUNITY TO ACQUIRE A STABILIZED MULTIFAMILY ASSET IN ONE OF BROOKLYN'S MOST SOUGHT-AFTER NEIGHBORHOODS.IDEALLY LOCATED JUST ONE BLOCK FROM THE G TRAIN CLOSE TO NYC FERRY, NEAR MCGOLRICK PARK, AND A SHORT DISTANCE TO MCCARREN PARK. SURROUNDED BY POPULAR RESTAURANTS, SHOPS, FITNESS CENTERS, SCHOOLS, AND EVERYDAY CONVENIENCES. ENJOY EASY ACCESS TO PUBLIC TRANSPORTATION AND ALL THAT VIBRANT GREENPOINT HAS TO OFFER.DON'T MISS THIS EXCEPTIONAL INVESTMENT PROPERTY WITH STRONG LONG-TERM POTENTIAL IN A PRIME LOCATION. MUCH MORE TO DISCOVERSCHEDULE YOUR PRIVATE VIEWING TODAY!
| MLS # | 1014129 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1928 |
| Days On Site | 81 |
| Listing Provided By | Trademarko Realty Inc | Malgorzata A. Pieniadz CBR |
| SQ Feet | 8,000 |
|---|---|
| Basement | Y |
| Pool | Yes |
| Story(s) | 4 |
| Units | 8 |
| Zoning | R6B |
| Acreage | 0.06 |
| Property View | Neighborhood |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas, Other |
| Appliances | Gas Cooktop, Gas Oven, Refrigerator, Gas Water Heater |
| Security Features | Other, Smoke Detector(s) |
|---|---|
| Construction Materials | Brick |
| Lot Features | Back Yard, Garden |
| Fencing | Back Yard, Other |
| Parking Features | Off Street |
|---|
| Utilities | Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, See Remarks, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Community Features | Fitness Center, Park, Playground, Pool |
|---|
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 1239300 |
| Tax Annual Amount | 18531.36 |
| Tax Lot | 7 |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11222 |
| School District | Williamsburg Prep School |
| Elementary School | Ps 110 Monitor |
| High School | Williamsburg Prep School |
| Listing VS Median (in 11222) | |
Price: $2,988,000 low | high Med: $2,237,500 sqft: 8,000 low | high Med: 3,524 $ / sqft: $374 low | high Med: $653 On site: 81 low | high Med: 111 | |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11222 |
| School District | Williamsburg Prep School |
| Elementary School | Ps 110 Monitor |
| High School | Williamsburg Prep School |
| Listing VS Median (in 11222) | |
Price: $2,988,000 low | high Med: $2,237,500 sqft: 8,000 low | high Med: 3,524 $ / sqft: $374 low | high Med: $653 On site: 81 low | high Med: 111 | |