218 Newel St Brooklyn, NY 11222
This 36,800 square foot multi-tenant Greenpoint, Brooklyn property offers a diverse range of office and industrial spaces, perfect for various business needs. Available spaces range from 2,830 to 21,000 square feet, catering to both established companies and startups. The building, a renovated pre-war structure, boasts ample natural light, exposed brick, and modern upgrades, including updated elevators. The thoughtful renovation blends historical charm with contemporary functionality, creating a unique and productive work environment. The property's location near the Greenpoint Avenue G train stop provides convenient access to public transportation. This prime location in a thriving Brooklyn neighborhood offers businesses a chance to establish themselves in a dynamic and rapidly growing area. The building's adaptable spaces are suitable for coworking, refrigerated/cold storage, manufacturing, warehousing, distribution, flex space, R&D, executive offices, creative offices, medical offices, and traditional offices. This versatile property presents a compelling opportunity for businesses seeking a distinctive and well-located workspace in North Brooklyn.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.