Turnkey Greenpoint Multifamily

97 Newel St, Brooklyn, NY 11222

Property Information

  • For Sale $2,800,000
  • Property Type Multi-Family
  • Property Size 4,125 SF
  • Units 6
  • Lot Size 0.06 Acre
  • Cap Rate % 6.6
  • # of Floors 3
  • Year Built 1930
  • Date Updated Feb 13, 2026

Description

• 3-Story / 6-Unit Multifamily Building

• 3 Gut-Renovated Units with Split-System HVAC

• Protected Tax Class 2A

• 50% Tenant-Paid Utilities (3/6 Units)

• Value-add potential due to preferential rents

• Prime Greenpoint Location near dining, transportation, entertainment, and nearby parks including McCarren Park and Transmitter Park, with convenient access to major roadways such as the BQE

• Within walking distance to the Nassau Station

• Serious inquires ONLY: Offers with unrealistic terms will be ignored.

Contacts

Lev Mavashev

Alpha Realty

Dasha Dadobaeva

Alpha Realty

Location

Located at 97 Newel St, Brooklyn, NY 11222, this property is part of the Greenpoint neighborhood and Brooklyn market.

  • 97/100 Walker's Paradise
  • 80/100 Excellent Transit
  • 93/100 Biker's Paradise
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