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59 Newel Street, Brooklyn, NY 11222

$2,988,000
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Active
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!

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 kjoyce.joycerealty.com 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: 9
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

Listed By / Shown By

Listing By

Agency Name: Trademarko Realty Inc
Agency Contact: 718-502-5141

Shown By

Agent Name: Kevin Joyce, Lic. RE Broker, Owner
Agent Phone: Cell: (914) 393-0100
Agency Title: Joyce Realty

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Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/27/2026. The listing information on this page last changed on 06/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 06/27/2026 12:01:57 AM EST) or NJMLS/ IDX (last updated Fri 06/26/2026 11:23:57 PM EST) or OneKey MLS (last updated Fri 06/26/2026 11:53:25 PM EST) or REBNY MLS (last updated Fri 06/26/2026 9:22:14 PM EST). Real estate listings held by brokerage firms other than Joyce Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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