Description

75 Newel Street presents a rare opportunity to own a 2,880 SqFt, three-unit townhouse in one of Greenpoint's most sought-after pockets-just moments from the leafy serenity of Msgr. McGolrick Park and an incredible selection of neighborhood-favorite restaurants, cafés, and boutique shops. Perfectly situated on a charming tree-lined block, this property offers both immediate appeal and remarkable long-term potential.
Zoned Residential with a Commercial Overlay , the building invites a world of possibilities-live, invest, create, or reimagine. Its untapped potential makes it an exciting canvas for buyers with vision.
Currently configured as a garden-level owner's duplex beneath two newly renovated floor-through 1BD/1BA rental units , the home provides flexibility for end-users and investors alike. The duplex features direct access to the backyard, offering the chance to create a dreamy garden oasis, while the upper apartments provide steady rental income.
Below it all lies an expansive cellar. Whether you envision substantial storage, a workshop, a home gym, or choose to excavate and transform it into a full recreational level , the possibilities are extraordinary.
The building measures 20'x35' and sits on a 20'x75' lot , offering a solid footprint for a variety of layouts and improvements. Total FAR is 3200 SqFt.
With generous proportions, flexible zoning, strong rental potential, and a prime location in the heart of Greenpoint, 75 Newel Street is an outstanding opportunity to create something truly special. ...
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