Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

75 NEWEL Street
Interested in this property?
Pending For Sale Multi Family

$2,500,000

$781 per sq ft

75 NEWEL Street

Greenpoint, Brooklyn

MLS® #RLS20064080

RLS at REBNY

Listing by Corcoran Group

5

Bedrooms

3

Baths

3,200

Sq. Ft.

1905

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 3,200 sq ft
Lot Size 1,500 sq ft
Year Built 1905
Ownership None
Property Taxes $6,504/yr
Neighborhood Greenpoint
Floor 1 of 3

Property Highlights

  • Views: Other
  • Fireplace: 1 fireplace
  • Character: Pre-war building (1905)

Property Details

Type Multi Family
Ownership None
Total Rooms 8
Baths 3 Full
Floor 1 of 3
View Other
Pets Yes
Year Built 1905
Living Area 3,200 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,500 sq ft
Block/Lot 02650/0029

Listing History

Event Date Price Change
Listed Dec 18, 2025 $2,750,000 -
Currently Jul 7, 2026 $2,500,000 -9.1%

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.

Features & Amenities

Interior Features

Smoke Free In Unit Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 3
Structure Townhouse

Financial Details

RE Taxes $6,504/yr ($542/mo)
Original Price $2,750,000
Previous Price $2,750,000

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

63

Median Asking Price

$1.95M

Median $/Sqft

$1,457

Avg Days on Market

N/A

New This Week

1

Price Reduced

30%

Sold (30 Days)

4

Median Sale Price

$1.43M

Live data from RLS at REBNY • Updated 7/7/26, 3:02 AM EST

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Location

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75 NEWEL Street, Greenpoint, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1905
Year Built
121 years old
3
Floors
3
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $188,640
Land Value: $18,120
Exemptions: $0

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

Lot Area: 1,500 SF
Building Area: 3,200 SF
Built FAR: 2.13
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

The current listed annual property tax is $6,504, or roughly $542 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms.

The listed interior living area is 3,200 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1905, making it approximately 121 years old.

This listing is None

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

At the current list price of $2,500,000 for 3,200 sq ft, the asking price per square foot is approximately $781. This figure is for reference only and may differ from appraised or assessed values.

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: RLS20064080
First Listed: 12/18/2025
On Market: 12/18/2025
Price Changed: 4/8/2026
Pending Since: 4/8/2026
Contract Date: 12/18/2025

Listing Courtesy of Corcoran Group - Joan Dougherty

Listing Contact: (917) 971-6336

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 7/7/2026 at 7:02 AM UTC

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