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33723281
33723292

59 Newel Street, Brooklyn, NY 11222

MP
NY New York (NY) License 10301217154
TRADEMARKO REALTY INC.
Listed by TRADEMARKO REALTY INC.
$2,988,000
2 days on market
Updated 2 days ago

59 Newel Street

Details
APN 02683-0007
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 8
Cap Rate 5.00%
Year Built 1928
Acreage 0.057
Zoning R6B

Multifamily | 5.00% CAP | 8 Units

Marketing description

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 DISCOVER—SCHEDULE YOUR PRIVATE VIEWING TODAY!
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Listing Contacts

MP
NY New York (NY) License 10301217154
TRADEMARKO REALTY INC.
Listed by TRADEMARKO REALTY INC.

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Zoning

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R6B ResidentialMulti FamilyGeneral Residence
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Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Malgorzata Pieniadz
License
New York (NY) License 10301217154
Brokerage
Malgorzata Pieniadz -Trademarko Realty Inc.
Brokerage Phone
347-647-6397
Title
Real Estate Associate Broker
Brokerage Address
68-32 Forest Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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