Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,650,000

· Closed August 10, 2022

78 NEWEL Street #House
Closed For Sale Multi Family

$1,650,000

78 NEWEL Street #House

Greenpoint, Brooklyn

MLS® #RLS10842194

RLS at REBNY

Listing by Serhant

3

Bedrooms

2

Baths

N/A

Sq. Ft.

1915

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Lot Size 1,197 sq ft
Year Built 1915
Neighborhood Greenpoint
Floor 1 of 2

Property Highlights

  • Exposure: East,North,South,West facing
  • Fireplace: Wood-burning or decorative fireplace
  • Character: Pre-war building (1915)

Property Details

Type Multi Family
Total Rooms 7
Baths 2 Full
Floor 1 of 2
Exposure East,North,South,West
Pets Yes
Year Built 1915
Lot Size 1,197 sq ft

Listing History

Event Date Price Change
Listed Feb 22, 2022 $1,999,500 -
Price Reduced Aug 10, 2022 $1,725,000 -13.7%
Currently Jun 1, 2026 $1,650,000 -4.3%

Description

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 decorativefireplaces 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.

Features & Amenities

Interior Features

Eat In Kitchen Fireplace

Exterior Features

Building Garden Garden

Building Information

Greenpoint is a neighborhood that perfectly balances its industrial heritage with a modern, creative spirit. Known for its stunning views of the Manhattan skyline and its rich industrial heritage, the area has become a premier destination for luxury living. The real estate landscape features a mix of historic multi-family homes, converted factory lofts, and a new wave of high-end glass towers along the East River waterfront.

Greenpoint Live Market Data

View Neighborhood

Active Listings

66

Median Asking Price

$1.90M

Median $/Sqft

$1,485

Avg Days on Market

N/A

New This Week

7

Price Reduced

21%

Sold (30 Days)

9

Median Sale Price

$1.07M

Live data from RLS at REBNY • Updated 6/1/26, 9:38 AM EST

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Location

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78 NEWEL Street #House, Greenpoint, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1915
Year Built
111 years old
2
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $108,780
Land Value: $10,020
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,197 SF
Building Area: 1,492 SF
Built FAR: 1.25
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

This property has 3 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1915, making it approximately 111 years old.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10842194
First Listed: 2/22/2022
Price Changed: 8/10/2022
Closed: 8/10/2022
Contract Date: 2/22/2022

Listing Courtesy of Serhant - Michael Carlo

Listing Contact: (917) 755-8106

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/1/2026 at 1:38 PM UTC

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