NOT LISTED FOR SALE
3 Beds
2 Baths
-- Sq Ft
1915 Built

Last Sold August 10, 2022

Last sale price $1,650,000

105 Days on Market

Highlights

  • 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 2022

Welcome 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Greenpoint
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: Eat-in Kitchen
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Area: 1197.0
  • Lot Size Dimensions: 19.0 x 63.0

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1915

Tax Info

  • Tax Block: 02651

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10842194

Real Estate Board of New York (REBNY)