59 Newel Street

Greenpoint

$2,700,000
Price
16
Beds
8
Baths
8,000 Sq. Ft.
$338 / Sq. Ft.
8,000
Sq. Ft.
$338
per Sq. Ft.

Description

Fantastic Real Estate Asset With Value-Add Potential Available In Greenpoint. This Multifamily Investment Property Features Eight Rent Stabilized Apartments Offering Solid & Stable Profits. Each Unit Is A Railroad Style Two Bedroom Apartment And The Whole Building Is In A Very Good Condition Since It Undergone Extensive Renovations & Upgrades Throughout Years. Great Income & So Much Upside Potential; One Unit Will Be Delivered Vacant. Situated In The Premier Brooklyn - Greenpoint Location. Close...Fantastic Real Estate Asset With Value-Add Potential Available In Greenpoint. This Multifamily Investment Property Features Eight Rent Stabilized Apartments Offering Solid & Stable Profits. Each Unit Is A Railroad Style Two Bedroom Apartment And The Whole Building Is In A Very Good Condition Since It Undergone Extensive Renovations & Upgrades Throughout Years. Great Income & So Much Upside Potential; One Unit Will Be Delivered Vacant. Situated In The Premier Brooklyn - Greenpoint Location. Close To McCarren & McGorlick Park, G- Train (Nassau Ave Station) & L Train (Bedford Ave), Just One Stop Away From Manhattan & Brooklyn's Best Restaurants & Amenities.
  1. Listed by Margaret Goworek • Exit All Seasons Realty
    P: 718-416-4411 C: 917-693-8766 mgoworek.realtor@gmail.com

Property Details for 59 Newel Street

Township
Brooklyn
Architectural Style
Townhouse
Zoning Description
R6B
Community Features
Park,Near Public Transportation
Garage Spaces
.00
Section Area
Nassau Ave
Offer Presentation
Cannot be Present

Location

Listing Courtesy of Exit All Seasons Realty
Add your commute
LISTING UPDATED: 04/16/2024 10:02 PM

Property Details for 59 Newel Street

StatusActive
MLS ID3489431
Days on Market293
Taxes$17,010 / year
Maintenance-
Min. Down Pymt-
Total Rooms32.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1928
Lot Size2,500 SF / 25' x 100'
CountyKings County

Building

59 Newel St

8 Units4 StoriesBuilt in 1928

Location

Listing Courtesy of Exit All Seasons Realty
Add your commute

Building Information for 59 Newel Street

Stories4Residences8Year Built1928Building Size25' x 80'Building Sq. Ft8,000 SFLot Size2,500 SF / 25' x 100'Building Age-Building Type-

Payment Calculator

$16,153 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,735

Property Taxes

$1,418

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 59 Newel Street

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 13
  • MLS District Code: 301
  • Directions: Please See MapQuest.com
  • Tax Block: 2683
  • Tax Lot: 7
  • Property Attached: Yes
  • Structure Type: true
  • Levels: Three Or More
  • Property Condition: Very Good
  • New Construction YN: No
  • Flood Zone Report: 1
  • Flood Zone Date: 2023-07-07
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Brooklyn 14
  • Elementary School District: Brooklyn 14
  • Elementary School: Ps 110 Monitor (The)
  • Middle Or Junior School District: Brooklyn 14
  • Middle Or Junior School: Conselyea Prep School
  • High School District: Brooklyn 14
  • High School: A-Tech High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Number Of 2 Bedrooms: 8
  • Building Units Total: 8
Room Information
Room 1 Information
  • Room Level: Basement
  • Room Type: Additional
  • RoomDescription 1: Full Unfinished, Mechanicals
Room 2 Information
  • Room Level: First
  • Room Type: Bedroom
  • Room Description: 2 x Two Bedroom Railroad Style Apartments
Room 3 Information
  • Room Level: Second
  • Room Type: Bedroom
  • Room Description: 2 x Two Bedroom Railroad Style Apartments
Room 4 Information
  • Room Level: Third
  • Room Type: Bedroom
  • Room Description: 2 x Two Bedroom Railroad Style Apartments
Room 5 Information
  • Room Level: Other
  • Room Type: Bedroom
  • Room Description: 2 x Two Bedroom Railroad Style Apartments
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 02683-0007
  • Tax Map Number: 02683-0007
  • Included In Taxes: Trash
  • Tenant Pays: Electricity,Gas
Income & Expenses Information
Income & Expenses Information
  • Maintenance Expense: $426.00
  • Fuel Expense: $4,664.00
Interior and Exterior Features
Interior Features
  • Amenities: Cathedral/Vaulted/High Ceiling, Eat in Kitchen, Hardwood Floors As Seen, Living Room/Dining Room Combo, Near Public Transportation, Park, Public, Refrigerator, Townhouse
  • Interior Features: Cathedral Ceiling(s), Eat-in Kitchen, Living Room/Dining Room Combo
  • Appliances: Oven,Refrigerator
  • Number Of Kitchens: 8.0
  • Total Rooms: 32
  • Living Area: 8000.0
  • Living Area Units: Square Feet
  • Basement: Full, Unfinished, Walk-Out Access
  • Fireplaces Total: 0
  • Location Amenities: Walk Out Basement, Near Public Transportation, Hardwood Floors As Seen, Cathedral/Vaulted/High Ceiling, Eat in Kitchen, Living Room / Dining Room
  • Common Walls: 2+ Common Walls
  • Flooring: Hardwood
  • Inclusions: Refrigerator
Exterior Features
  • Exterior Property Features: On Street, Park, Near Public Transportation, Near Public Transit
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Dimensions: 25x100
  • Site Features: Park, Near Public Transportation, Near Public Transit
  • Building Size: 25' x 80'
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Zoned
  • Heating: Natural Gas, Forced Air
  • Heat Fuel Type: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 8
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 9
Green Features
  • Green Features: Oven, Refrigerator, Natural Gas, Forced Air

Property History for 59 Newel Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 59 Newel Street

Taxable ValueLand$10,800Additions$1,051,650Total$1,062,450
Home Facts
Total Finished SqFt8,000 SqFtLot Size2,499 SqFtYear Built1928ZoningR6BAPN3026830007

Schools near 59 Newel Street

This home is within Nyc Geog District #14 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 2
Rating
School
Distance
P.S. 110 The Monitor
PublicPK to 5

John Ericsson Middle School 126
Public6 to 8

A-Tech High School
Public9 to 12

Citizens of the World Charter School 1
CharterK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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59 Newel Street is a multi-family home for sale in Greenpoint. This property was listed for sale on July 11, 2023 by Exit All Seasons Realty, it's currently listed at $2,700,000. This listing's school district is Nyc Geog District #14 - Brooklyn. Nearby schools include P.S. 110 The Monitor, John Ericsson Middle School 126 and A-Tech High School. 59 Newel Street is a 16-bed, 8-bath, 8,000 sqft multi-family home built in 1928.

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Listing Courtesy of Exit All Seasons Realty

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., 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. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.