Four-Unit Townhouse with
For Sale
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38 Newel St, Brooklyn, NY 11222
Brick four-family townhouse offers four 1BR/1BA apartments, hardwood floors, and a full semi-finished basement with backyard access.
Property SizeContact for details
Days on Market128
Property Features for 38 Newel St
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Capri Jet Realty Corp
(718) 388-2188
Listed By:
Robert Napolitano · License #NY 31NA0992911
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 4:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capri Jet Realty Corp
Investment Insights
Based on property information with market context.
This brick 4-family townhouse includes four apartments with a foyer opening to a central hallway and sky-high ceilings with original crown moldings. Each unit features oversized windows and hardwood floors, and the layout is described as a 1BR/1BA configuration. The building also includes a full semi-finished basement and a backyard, with the first-floor unit providing access to the outdoor space. The property includes a massive eat-in kitchen in each unit, and there are noted opportunities to convert units to larger layouts and potentially duplex down to the basement.
The offering is described as located in Greenpoint, with McCarren Park and McGolrick Park nearby, and is also stated to be approximately 4 blocks to the G train at Nassau Ave. The remarks further note easy access to the BQE, the Pulaski Bridge to Long Island City, and the East River Ferry for travel to Manhattan or the Rockaways.
Reported building and lot dimensions are 17.25 x 70 for the building and 17.25 x 100 for the lot. Recent updates noted in the remarks include brick repointing in 2014, new windows installed in 2016, boiler replacement in 2012, and annual roof maintenance. Zoning is listed as R6B with FAR of 2.80 and a maximum FAR of 2. Taxes are reported as $8,313 per year.
The offering is described as located in Greenpoint, with McCarren Park and McGolrick Park nearby, and is also stated to be approximately 4 blocks to the G train at Nassau Ave. The remarks further note easy access to the BQE, the Pulaski Bridge to Long Island City, and the East River Ferry for travel to Manhattan or the Rockaways.
Reported building and lot dimensions are 17.25 x 70 for the building and 17.25 x 100 for the lot. Recent updates noted in the remarks include brick repointing in 2014, new windows installed in 2016, boiler replacement in 2012, and annual roof maintenance. Zoning is listed as R6B with FAR of 2.80 and a maximum FAR of 2. Taxes are reported as $8,313 per year.
Key Highlights
- Brick 4‑family townhouse with four apartments, one unit per full floor; each unit has a 1BR/1BA layout
- Full semi‑finished basement with potential to duplex down; boiler replaced in 2012
- Backyard access from the first‑floor unit and a lot size of 17.25 x 100 ft
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,420
Businesses Nearby
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Business Placement
Demographics for 11222, NY
41,957
Population
21,917
Households
1.9
Avg Household Size
35
Median Age
65%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
27,971
Density / Sq Mi
$123,963
Median Household Income
$74,237
Median Earnings
$2,595
Median Rent
$1,245,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Brick four-family townhouse offers four 1BR/1BA apartments, hardwood floors, and a full semi-finished basement with backyard access.
Where is this quadplex located?
The property is located at 38 Newel St Brooklyn, NY.
What are key features of this property?
This property features: Brick 4‑family townhouse with four apartments, one unit per full floor; each unit has a 1BR/1BA layout; Full semi‑finished basement with potential to duplex down; boiler replaced in 2012; Backyard access from the first‑floor unit and a lot size of 17.25 x 100 ft
