Updated 3 years ago
Off Market
161 Newel Street
Greenpoint, Brooklyn | Norman Ave & Meserole Ave
18 Rooms6 Beds6 BathsIncome Property
$2,300,000
floors / apts3 / 6
Lot Size25'x100'
Built Size25'x50'
ZoneR6B
Building TypeTownhouse
Listing Features
- Original Details
Outdoor space and views
- Backyard
- Deck
Building Amenities
- Garden
Property Description for 161 Newel Street
Rare 6-Unit townhouse, centrally located in Greenpoint, Brooklyn.A pre-war masterpiece featuring original details such as banisters, railings, moldings, and archways.
A well maintained property currently comprised of Six 1-bedroom units with the option to create secondary bedrooms/home office space.First floor units enjoy their own private gardens, while second and third floor units benefit from constant sunlight with oversized windows and high ceilings.
Several units to be delivered vacant.
An amazing opportunity for upside to the investor and rare opportunity for the homeowner looking to occupy a full floor with cellar as a true duplex while generating very valuable rental income, in the highly coveted area of Greenpoint.Greenpoint experienced one of the highest rental increases year over year with a 32% climb from 2021. The average rent for August 2022 is $4,667 / month.
Enjoy all that is special about the vibrant area with close proximity to McCarren and McGolrick Park, the ever-growing art/music scene, farmers market, restaurants, cafes, retail and transportation.
A chance to own a piece of Greenpoint history awaits.
Full setup sheet available upon request, showings by appointment only.
A well maintained property currently comprised of Six 1-bedroom units with the option to create secondary bedrooms/home office space.First floor units enjoy their own private gardens, while second and third floor units benefit from constant sunlight with oversized windows and high ceilings.
Several units to be delivered vacant.
An amazing opportunity for upside to the investor and rare opportunity for the homeowner looking to occupy a full floor with cellar as a true duplex while generating very valuable rental income, in the highly coveted area of Greenpoint.Greenpoint experienced one of the highest rental increases year over year with a 32% climb from 2021. The average rent for August 2022 is $4,667 / month.
Enjoy all that is special about the vibrant area with close proximity to McCarren and McGolrick Park, the ever-growing art/music scene, farmers market, restaurants, cafes, retail and transportation.
A chance to own a piece of Greenpoint history awaits.
Full setup sheet available upon request, showings by appointment only.
Building Details for 161 Newel Street
OwnershipIncome Property
Building TypeTownhouse
AccessWalk-up
Year Built1930
Floors/Apts3/6
Transit and Citi Bike
Subway
Nassau Av
0.23 miles
Greenpoint Av
0.38 miles
Citi Bike
Norman Ave & Leonard St
0.15 miles
Calyer St & Jewel St
0.16 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: 88115TH
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