Frieda Fenn
Call: (516) 972-8811
Text: (516) 972-8811
BEDS0
BATHS
MLS#1014129
STATUSActive
PROPERTY TYPECommercial -
SCHOOLBrooklyn 14
Property Description
GREAT INVESTMENT OPPORTUNITY IN THE HEART OF GREENPOINT! THIS WELL-MAINTAINED FOUR-STORY WALK-UP BUILDING FEATURES 8 RENT-STABILIZED RESIDENTIAL UNITS AND APPROXIMATELY 8,000 SQUARE FEET OF INTERIOR SPACE ON A 25' X 80' BUILDING FOOTPRINT WITH R6B ZONING.EACH SPACIOUS UNIT OFFERS 2 BEDROOMS, A BRIGHT LIVING ROOM, FULL BATHROOM, AND A SEPARATE KITCHEN, PROVIDING STRONG AND CONSISTENT RENTAL APPEAL. THE PROPERTY ALSO INCLUDES A FULL BASEMENT, OFFERING ADDITIONAL STORAGE AND OPERATIONAL FLEXIBILITY.METICULOUSLY MAINTAINED AND IN EXCELLENT CONDITION, THIS BUILDING IS BEING SOLD AS IS AND PRESENTS A RARE OPPORTUNITY TO ACQUIRE A STABILIZED MULTIFAMILY ASSET IN ONE OF BROOKLYN'S MOST SOUGHT-AFTER NEIGHBORHOODS.IDEALLY LOCATED JUST ONE BLOCK FROM THE G TRAIN CLOSE TO NYC FERRY, NEAR MCGOLRICK PARK, AND A SHORT DISTANCE TO MCCARREN PARK. SURROUNDED BY POPULAR RESTAURANTS, SHOPS, FITNESS CENTERS, SCHOOLS, AND EVERYDAY CONVENIENCES. ENJOY EASY ACCESS TO PUBLIC TRANSPORTATION AND ALL THAT VIBRANT GREENPOINT HAS TO OFFER.DON'T MISS THIS EXCEPTIONAL INVESTMENT PROPERTY WITH STRONG LONG-TERM POTENTIAL IN A PRIME LOCATION. MUCH MORE TO DISCOVER-SCHEDULE YOUR PRIVATE VIEWING TODAY!
Property Features
Property Type: Commercial -
Basement: Full, Storage Space
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Natural Gas, Other
Lot Size: 0.06 Acres
Stories: 4.0
Taxes: $18,531
Year Built: 1928
Feature Descriptions
Appliances: Gas Cooktop, Gas Oven, Refrigerator, Gas Water Heater
Building Area Total: 8000
Building Features: Laundry
Community Features: Fitness Center, Park, Playground, Pool
Days on Site: 11
Exterior: Brick
Fencing: Back Yard, Other
Flooring: Ceramic Tile, Hardwood
Heating Units: 1
Lot Features: Back Yard, Garden
On Market Date: 2026-06-17
Parcel Number: 02683-0007
Parking Features: Off Street
Property Attached Y/N: 1
Rental Term: Monthly
Security Features: Other, Smoke Detector(s)
Separate Electric Meters: 9
Separate Gas Meters: 8
Sewer: Public Sewer
Special View Info: Neighborhood
Tenant Pays: Electricity, Gas
Units: 8
Utilities: Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, See Remarks, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: Williamsburg Prep School
Middle School: John Ericsson Middle School 126
Elementary School: Ps 110 Monitor
School District: Brooklyn 14
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Listed By / Shown By
Listing By
Agency Name: Trademarko Realty Inc
Agency Contact: 718-502-5141
Shown By
Agent Name: Frieda Fenn
Agent Phone: (516) 972-8811
Agency Title: Laffey Real Estate
59 Newel Street | MLS# 1014129
This commercial property located at 59 Newel Street, Brooklyn, NY 11222 is currently listed for sale with an asking price of $2,988,000. Newel Street is located within the Brooklyn 14 school district. Search Brooklyn real estate on friedafenn.laffey.com today.