6 FAMILY Impeccably Maintained-PRIME GREENPOINT! Contact Elliot Nicks only An ideally situated 6 Family home that is an excellent value for an end-user or an investor. The building is in wonderful condition, with some nicely renovated highlights, along with pristine original detailing, . The house is a testament to an era when quality construction and attention to detail were paramount. The setting is a quiet tree-lined street where each unit in the building offers the perfect combination of style, convenience and utility, along with fantastic natural light. The lush backyard is a wonderful sanctuary that just happens to be located in legendary Greenpoint. 6 Residential Units R6B 4,500 sf Allowed Usable Floor Area - 5000 sf Building Dimensions - 25 ft X 60 ft Lot Dimensions - 25 ft X 100 ft Apt. 1R is vacant. The building presents a great opportunity for an end-user to live on the 1st floor. There is tons of potential here. 105 Newel can continue as a long-term stable income-producing property with the current rent roll. In addition, there is the potential building appreciation in this popular neighborhood, *Full Setup Sheet with the current Rent Roll is available upon request. Approximate gross income, 115,000 yearly net operating income about 85K yearly. RENT Stabilized. This is an exceedingly rare listing, well-positioned for a savvy buyer to unlock value or for someone to simply move into a beautiful house and enjoy the neighborhood. 105 newel street is in Prime Greenpoint, in close proximity to mass transit, Manhattan Avenue and all of the conveniences of the neighborhood, from Michelin-starred restaurants to art galleries.
Off market
Zestimate®
$2,773,600
105 Newel St #1A, Brooklyn, NY 11222
8beds
4,500sqft
MultiFamily
Built in 1930
-- sqft lot
$2,773,600 Zestimate®
$616/sqft
$6,404 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Cooling
- None
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 4,500 sqft
Property
Parking
- Parking features: None
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1930
Community & neighborhood
Location
- Region: Brooklyn
Other
Other facts
- Broker Exclusive
- Fios Available
- Heating included in rent
- Hot water included in rent