Updated 9 years ago
Off Market
92 Newell Street
Greenpoint, Brooklyn | Nassau Ave & Norman Ave
20 Rooms8 Beds4 Baths3,880 Square FeetRental Property
$3,500,000
floors / apts2 / 4
Lot Size50'x100'
Built Size34'x57'
Building TypeTownhouse
RE Taxes$13,634
Price Per SF
$902
Outdoor space and views
- Backyard
Building Amenities
- Voice Intercom
- Garage
- Laundry Room
Property Description for 92 Newell Street
> RARE FIND & EXCELLENT LIVE / INCOME OR BOUTIQUE RENTAL / CONDOMINIUM DEVELOPMENT OPPORTUNITY!!!
> This beautiful brick Legal 4 family with 3 Garages is located in prime Greenpoint steps from McGolrick Park and near North side Williamsburg, great restaurants, bars, shops and transportation!
> Currently built 34 X 57 with a gorgeous backyard, the property sits on a 50 x 100 lot.
> The 4 units are rented at below market rents with all free Market leases, providing good upside in income or potential to vacate in the next 12 months.
> This is an outstanding development opportunity to enlarge this building, develop a boutique condominium / rental property or for someone looking to convert to a single family home with garage or live in a beautiful garden apartment with income from upstairs!
> The existing property is 3,876 Sqft with an additional 6,124 sqft of air rights that total 10,000 buildable sqft!
> This is an absolute great location in one of NYC's most sought after up-and-coming neighborhoods and a chance to buy at under $400 a build able foot in an area where sales prices can exceed $1,000 Psqft!
Building Details for 92 Newell Street
OwnershipRental Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built1965
Floors/Apts2/4
Transit and Citi Bike
Subway
Nassau Av
0.19 miles
Citi Bike
Nassau Ave & Newell St
0.05 miles
Leonard St & Nassau Ave
0.15 miles
Greenpoint | Brooklyn
Quick Profile
Go north, not west. Greenpoint’s placement at the furthermost tip of Brooklyn makes it peak “North Brooklyn” territory. Bordered by the East River, its geographical location has long made Greenpoint integral to maritime activity, present day ferry service to Manhattan included. With Williamsburg to the south and Long Island City to the north, Greenpoint’s “hip factor” often experiences crossover traffic from these areas.
Particularly bustling on the weekend, the edge of McCarren Park at Bedford Avenue and Lorimer Street filters out into prime Greenpoint, where brunch has become a hallowed tradition for newer and longtime residents alike. Bars and restaurants such as Spritzenhaus and Five Leaves also provide close proximity to a post-dining jaunt in the park.
As the neighborhood continues to grow and develop, the old world feel of a tradition of Polish immigrants has commingled with the arrival of enterprising millennials that have become a part of the go-getting spirit of the neighborhood. Filled with small coffee shops, vintage boutiques and award-winning restaurants (as well as tailored bars like TØRST offering up specialty beers on tap), Greenpoint truly is the jewel of North Brooklyn.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 51508TH
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