$2,149,000
Updated 10 years ago
Sold

111 Newell Street

Greenpoint, Brooklyn | Nassau Ave & Norman Ave

32 Rooms16 Beds8 Baths5,000 Square FeetRental Property

$2,149,000
floors / apts4 / 8
Lot Size25'x100'
Built Size25'x50'
ZoneR6B
Building TypeTownhouse
RE Taxes$8,720
Price Per SF
$430

This property was sold for $2,160,000 on 06/15/15.

Building Amenities

  • Voice Intercom
  • Bike Storage
  • Gated Entry
  • Laundry Room
  • Stoop Entry

Property Description for 111 Newell Street

Excellent income producing 8 family building:1L:(lease exp 03/31/16);1R(lease exp 3/31/16);2L:(lease expired);2R:(lease exp 3/31/16; 3L:Owner Occupied: 3R:(lease expires 10/31/15); 4R:(lease exp 3/31/16);4R: (lease exp 12/31/14.) In the heart of Greenpoint. Just 3 short blocks from G train Nassau Ave Station. 4 story & 5000 sq ft property on 25x100 lot has a projected gross annual inc of $124,442.

Listing History for 111 Newell Street

Now
06/16/2015
$2,160,000
Sold and Closed by Jaroslaw (Jerry) Kaszuba
Exit All Seasons Realty
04/06/2015
Contract Signed by Jaroslaw (Jerry) Kaszuba
Exit All Seasons Realty

Building Details for 111 Newell Street

OwnershipRental Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1928
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

Nassau Av
0.18 miles
Greenpoint Av
0.48 miles

Citi Bike

Nassau Ave & Newell St
0.1 miles
Norman Ave & Leonard St
0.13 miles

Contact Agent

Contact Agent

Jaroslaw (Jerry) Kaszuba
Exit All Seasons Realty

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: 56476TH