3-Story Walk-Up Building | 6 Apartments | 4,125 SF
$2,800,000
97 Newel Street, New York, NY 11222
For Sale
Multifamily
Unknown Sub Type
Active
Last Updated: 02/16/2026
6.6
Cap Rate
184,087
NOI
Details:
Cap Rate: 6.6%
NOI: $184,087
Building Size: 4,125 sqft
Units: 6
GRM: 12.4
Year Built: 1930
Price Per Sqft: $679
Zoning: R6B
Floors: 3
Highlights:
- 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 (G train)
Documents:
| Title | ||
|---|---|---|
| Investment Flyer |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
