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. Listing courtesy of Corcoran Group ...
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