$850,000
Updated 11 years ago
Sold

84 Newel Street

Greenpoint, Brooklyn | Nassau Ave & Norman Ave

4,950 Square FeetMulti-Family

$850,000
floors / apts3 / 6
Lot Size25'x100'
Built Size25'x66'
ZoneR6B
Building TypeTownhouse
RE Taxes$6,476
Price Per SF
$172

This property was sold for $975,000 on 03/09/12.

Building Amenities

  • Voice Intercom

Property Description for 84 Newel Street

This three story wood frame multifamily building consists of six railroad apartments. Two will be delivered vacant at closing and a third will vacate within two years. The building electrical systems have been upgraded recently and the boiler is in good condition. The property is located less than five blocks from the Nassau Avenue G train station. There is tremendous upside to this property, as the rents are considerably below market value. Vacant apartments also provide an owner/user opportunity as well.

Listing History for 84 Newel Street

Now
03/19/2012
$975,000
Sold and Closed by Mark Lively
Cushman & Wakefield
2012

Building Details for 84 Newel Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

Nassau Av
0.21 miles

Citi Bike

Nassau Ave & Newell St
0.04 miles
Leonard St & Nassau Ave
0.16 miles

Contact Agent

Contact Agent

Mark Lively
Cushman & Wakefield

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: 41186TH