GREAT INVESTMENT OPPORTUNITY IN THE HEART OF GREENPOINT! THIS WELL-MAINTAINED 59 NEWEL STREET A 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, CAFÉS, 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!