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97 Newel Street

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97 Newel Street
Greenpoint Multifamily | 6.6% Cap Rate | Protected Tax Class 2A
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$2,500,000 Sales price
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$606/SF Price per Ft
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7.4% Cap Rate
  • 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
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Dasha Dadobaeva Associate
212.658.0870 dasha(at)alpharealtyny(dotted)com
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Lev Mavashev Managing Principal
212.658.0955 lev(at)alpharealtyny(dotted)com
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