75 NEWEL Street, New York City, NY 11222
Listing Courtesy of Corcoran Group
$2,750,000
Potential Rebate: $41,250
Overview
75 Newel Street presents a rare opportunity to own a 3,200 sq ft, 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.<br> 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.<br> 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.<br> 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.<br> The building measures 20'x35' and sits on a 20'x75' lot , offering a solid footprint for a variety of layouts and improvements.<br> 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.
Home Features
- •In Unit
- •Private Outdoor Space Over 60 Sqft
- •Smoke Free
Estimated Monthly Payment
$14,107 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$41,250
Monthly savings impact
$115/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20064080
Price Analysis
Compare average listing prices and value metrics for 75 NEWEL Street against the surrounding Greenpoint market.
Average List Price
Price Per SqFt
39.52% Lower
than the Greenpoint price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Greenpoint
Overview of Greenpoint
Greenpoint is Brooklyn's trendy northern tip. For buyers seeking Greenpoint Brooklyn real estate, it offers waterfront condos.
Living in Greenpoint is cool. As a Brooklyn NYC neighborhood, it has Polish roots and modern vibes.
Real Estate
Homes for sale in Greenpoint are mix of frame houses and glass condos.
Lifestyle
The lifestyle is hipster-chic.
Transportation
G train and Ferry.
Amenities
McCarren Park and Transmitter Park.
Best For
Trend-conscious buyers.
