6 FAMILY Impeccably Maintained-PRIME GREENPOINT! Contact Elliot Nicks only An ideally situated 6 Family home that is an excellent value for an end-user or an investor. The building is in wonderful condition, with some nicely renovated highlights, along with pristine original detailing, . The house is a testament to an era when quality construction and attention to detail were paramount. The setting is a quiet tree-lined street where each unit in the building offers the perfect combination of style, convenience and utility, along with fantastic natural light. The lush backyard is a wonderful sanctuary that just happens to be located in legendary Greenpoint. 6 Residential Units R6B 4,500 sf Allowed Usable Floor Area - 5000 sf Building Dimensions - 25 ft X 55 Lot Dimensions - 25 ft X 100 ft 105 Newel can continue as a long-term stable income-producing property with the current rent roll. In addition, there is the potential building appreciation in this popular neighborhood, *Full Setup Sheet with the current Rent Roll is available upon request. Approximate gross income, 115,000 yearly net operating income about 85K yearly. RENT Stabilized. This is an exceedingly rare listing, well-positioned for a savvy buyer to unlock value or for someone to simply move into a beautiful house and enjoy the neighborhood. 105 newel street is in Prime Greenpoint, in close proximity to mass transit, Manhattan Avenue and all of the conveniences of the neighborhood, from Michelin-starred restaurants to art galleries.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
