158 Newton St
Brooklyn, NY 11222
Multifamily Property For Sale · 8 Units

158 Newton Street presents a rare opportunity to acquire a newly constructed mixed-use investment property at the intersection of prime Greenpoint and Williamsburg. Built in 2019 and recently completed, the asset consists of six free-market residential units and two ground-floor commercial spaces, offering investors stable in-place income, modern construction, and long-term appreciation potential in one of Brooklyn's strongest rental markets. The residential units feature contemporary finishes and highly desirable layouts. Apartments offer oversized windows with exceptional natural light, full-size stainless steel appliances including multi-burner ranges with microwaves, dishwashers, and refrigerators, granite countertops, Mitsubishi split-system heating and cooling, select units with Juliette balconies and patios, and access to shared rooftop spaces with sweeping 360 views of Manhattan and Brooklyn. The property's fully free-market unit mix provides ownership with maximum leasing flexibility and future rental upside as the neighborhood continues to strengthen. The commercial component adds diversified income and enhances the overall investment profile. Positioned with exceptional visibility and foot traffic, the two retail spaces—including a prime storefront with curb cut—and a prime corner location-benefit from strong surrounding activity and continued neighborhood growth. The layout presents immediate income generation while offering significant upside as the Greenpoint retail corridor continues to grow and rental rates appreciate. Additionally, the property generates supplemental income through a street-level lockage and storage system, providing an additional revenue stream that strengthens income diversification and overall cash flow. Strategically located near McCarren Park, McGolrick Park, Nassau Avenue, and Manhattan Avenue, the property is surrounded by Brooklyn's best dining, retail, and lifestyle amenities. Convenient access to the G, L, and M subway lines and nearby transportation routes, including the BQE, further strengthen tenant demand, making 158 Newton Street a compelling turnkey investment opportunity with strong cash flow, operational simplicity, and significant long-term growth potential.