78 Newel St Greenpoint, NY 11222
Greenpoint NeighborhoodHighlights
- Community Garden
- 5-minute walk to Nassau Avenue
- Wood Burning Fireplace
- Eat-In Kitchen
- Garden
- 4-minute walk to Father Studzinski Square
About This Home
As of August 2022Welcome to this flexible two-family townhouse nestled between McGolrick and McCarren Parks in prime Greenpoint, an incredible conversion or investment opportunity with a pair of income-producing rental units that can be delivered vacant or with tenants in place. With charming period details and solid bones, 78 Newel can easily be transformed to accommodate an owner's duplex or become a single-family triplex. FAR (full air rights) also remain intact for future home expansion options.
Each 1-bedroom unit possesses beautiful hardwood floors, updated lighting, tall sash windows, open plan layouts, eat-in kitchens, spacious bedrooms, home office spaces, and windowed full bathrooms. There are also a trio of original decorativefireplaces which can be restored to fully-functioning wood-burning hearths by opening and clearing out the chimney flutes.
Additional features include airy tin ceilings, marble mantels, a tranquil backyard, and a 38-ft long windowed basement perfect for use as a gym, yoga studio, lounge area, crafts space, or extra storage.
The building has a lovely blue façade and is moments from a variety of restaurants, bars, cafes, and shops. McGolrick and McCarren Parks are both just blocks away and offer expansive green spaces, athletic fields, dog-friendly areas, and weekly farmer's markets. The L and G subway lines and the NYC Ferry are convenient public transportation options.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Lot Details
- 1,197 Sq Ft Lot
- Lot Dimensions are 19.0 x 63.0
- Garden
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Listing and Financial Details
- Tax Block 02651
Community Details
Overview
- 2 Units
- Greenpoint Subdivision
Amenities
- Community Garden
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/10/2022 08/10/22 | Sold | $1,650,000 | -4.3% | -- |
05/19/2022 05/19/22 | Price Changed | $1,725,000 | -3.9% | -- |
05/10/2022 05/10/22 | Price Changed | $1,795,000 | -5.5% | -- |
04/19/2022 04/19/22 | Price Changed | $1,899,500 | -5.0% | -- |
03/21/2022 03/21/22 | For Sale | $1,999,500 | +21.2% | -- |
02/27/2022 02/27/22 | Off Market | $1,650,000 | -- | -- |
02/22/2022 02/22/22 | For Sale | $1,999,500 | -- | -- |
Tax History Compared to Growth
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10842194

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