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59 Newel St #8, Brooklyn, NY, 11222

16beds
8baths
8,000sqft
$2,988,000
$374price/sqft
$18,968/moest. monthly cost
$758,720/yrincome needed

About This Home

8-FAMILY 59 NEWEL STREET, BROOKLYN , NEW YORK 11222! Great investment opportunity in the heart of Greenpoint NY! 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 R 6B 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, cafés, 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!

Getting Around

95
WalkingWalker's Paradise
0
TransitVery Limited Transit
90
BikeBiker's Paradise

Schools

6/10
Ps 110 The MonitorGrades PK-50.3 mi
3/10
A-Tech High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1928

Type & Style

  • Home type: SingleFamily
  • Property subType: Rental Unit

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 16
  • Bathrooms: 8
  • Full bathrooms: 8

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 8,000
  • Total interior livable area: 8,000 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Garden
  • Has view: Yes
  • View description: City,Garden,Skyline