Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 16-bedroom, 8-bathroom residential multi family at 59 Newel Street in Brooklyn, NY is listed for $2,988,000. Built in 1928, on a N/A lot.

Agent Description

GREAT INVESTMENT OPPORTUNITY IN THE HEART OF GREENPOINT NY! 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 RA

RE 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, CAFS, 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!

Key Features

  • Built in 1928
  • 4 stories

Property Details

4 stories
8 full
1928

Amenities

ViewHardwoodBasement

Monthly Cost Estimate

$15,980/mo

20% down · 6.5% · 30 years

Principal$2,161
Interest$12,948
Insurance$872

Estimates only. Actual payments may vary.

Location

59 Newel Street

Brooklyn, NY 11222

Features & Amenities

Exterior Features

Fire EscapeGarden

Property Details

Flooring

HardwoodTile

Construction

Brick

Views

City

Parking

Garage

Heating

BaseboardNatural Gas

Appliances

Refrigerator

Questions & Answers

This 16-bedroom, 8-bathroom residential multi family at 59 Newel Street is listed at $2,988,000. The estimated monthly payment is $12,948 based on 20% down at 6.5% interest.

Key features include: Built in 1928, 4 stories. Exterior Features: Fire Escape, Garden.

This property is listed by Malgorzata Pieniadz and can be reached at 3476476397 or mpsalesny@aol.com.

MP

Malgorzata Pieniadz

Agent at TRADEMARKO REALTY INC

(347) 647-6397

Listed by TRADEMARKO REALTY INC · View on Broker Site

MLS# 11835063· Source: listhub· Updated 9 days ago

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

59 Newel Street, Brooklyn, NY 11222

Open this listing in: