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 decorative fireplaces 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.
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.
