158 Newton Street Entire building
$6,500,000
MLS# RLS20125954 · Greenpoint
Listed November 9, 2026 · New today
9 Beds 9 Baths
About This Property
An exceptional opportunity to acquire a modern, income-producing mixed-use property in one of Brooklyn’s most desirable and thriving neighborhoods.
Built entirely from the ground up in 2019, 158 Newton Street is a contemporary three-story building offering approximately 6,521 square feet of space, comprising six free-market residential apartments and two ground-floor commercial storefronts.
The residential component consists of four spacious two-bedroom apartments, one one-bedroom apartment with private outdoor space, and one studio apartment. Thoughtfully designed with modern living in mind, the residences feature oversized windows, contemporary kitchens with granite countertops, stainless steel appliances, and Mitsubishi split-system heating and cooling. Select apartments offer private outdoor space, while rooftop areas provide additional outdoor enjoyment and impressive city views.
The two ground-floor commercial storefronts provide valuable income diversification and benefit from the property’s location within the vibrant Greenpoint and Williamsburg corridor.
Investment Highlights:
Newly constructed in 2019 following complete demolition of the previous building
Eight total units: six free-market residential apartments and two commercial storefronts
Approximately 6,521 square feet of building area
Projected annual gross rental income of approximately $410,400
Projected capitalization rate of 5.42%, based on supplied income and expense figures
Approximately 2,523 square feet of additional buildable FAR, according to NYC records, subject to verification and zoning approvals
Modern construction, contemporary finishes, and desirable residential amenities
Strong rental appeal in an established and highly sought-after Brooklyn neighborhood
Ideally situated near Greenpoint’s celebrated restaurants, cafés, boutiques, and neighborhood attractions, 158 Newton Street offers convenient access to the Nassau Avenue G train and Graham Avenue L train, providing connectivity throughout Brooklyn and Manhattan.
With its relatively recent construction, free-market residential apartments, diversified commercial income, and additional development potential, 158 Newton Street presents an attractive opportunity for investors seeking both immediate income and long-term appreciation in the Brooklyn real estate market.
Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Cats and dogs allowed
Building amenities
Services and facilities
- Laundry in building
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$36,824 / month
- Principal and interest$32,868
- Property taxes$3,956
Due at closing
- Down payment (20%)$1,300,000
- NYS “mansion tax” (2.25%)$146,250
- Mortgage recording tax (1.925%)$100,100
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Location & Nearby
Map
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158 Newton Street Entire building
Subway
- GNassau AvAbout 10 min walk
- LGraham AvAbout 12 min walk
Parks
- Msgr. McGolrick ParkAbout 4 min walk
- Ericsson PlaygroundAbout 4 min walk
- McCarren ParkAbout 5 min walk
Public schools · Elementary schools
- P.S. 110 The MonitorAbout 6 min walk
- P.S. 34 Oliver H. PerryAbout 11 min walk
- P.S. 132 The Conselyea SchoolAbout 12 min walk
Middle schools
- John Ericsson Middle School 126About 5 min walk
High schools
- Northside Charter High School · CharterAbout 5 min walk
- A-Tech High SchoolAbout 11 min walk
Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.
The Neighborhood
About Brooklyn
Greenpoint is covered by our Brooklyn guide.
A dynamic borough offering architecturally significant residences, world-class culture, and an unmatched creative energy.
Walkability
9/10
Public transit
8/10
Schools
7/10
Dining
9/10
Groceries & parks
8/10
Gallery
Property Photos
Listing Courtesy of ENGEL & VOLKERS BROWNSTONE BROOKLYN
This 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.