151 Newel Street
151 Newel Street, Brooklyn, NY 11222
Greenpoint, Brooklyn
BBL 3026237502 · BIN 3065759
- Year built
- 2022
- Type
- Condominium
- Landmark
- Landmark or historic district
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 151 Newel Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
151 Newel Street is a four-story condominium of four floor-through homes on a 25-by-100-foot lot in Greenpoint, with about 5,680 square feet of floor area per city records. Permits were approved in May 2021, according to published construction reporting, and city records give 2022 as the year built. Sales launched in July 2023 with prices from $1,949,000 and homes of about 1,300 to 1,988 square feet.
It is now a finished, sold-out building. ACRIS records all four sponsor sales between September 2023 and January 2024, at prices from $1.65 million to $2.45 million and about $1,430 to $1,510 per square foot where sizes are published. That makes it a recorded benchmark for the four-unit new construction that has followed on Greenpoint's side streets.
Architecture and residences
Each of the four homes takes a full floor. Listing records describe two- and three-bedroom layouts, with a two-bedroom penthouse at the top. Published construction reporting released completed interiors in July 2023. No architect of record was identified in the records reviewed for this page.
Some listing records give a 1960 year built or describe the building as prewar. Those labels do not match city records, which give 2022, or the 2021 permits for a new building.
Offering and pricing
Per the offering plan filed with the New York State Attorney General (plan CD220047), the plan was submitted February 28, 2022, accepted May 17, 2022, and declared effective May 11, 2023, with 151 Newel LLC as sponsor and four residential units. The total offering price rose from $7,482,000 to $8,118,000, an increase of $636,000. The database records one unit sold, a figure set at effectiveness and not updated after the closings.
Recorded sales
ACRIS shows four sponsor deeds:
| Residence | Deed date | Recorded consideration | Implied price | Approx. $/sf |
|---|---|---|---|---|
| 1 | September 20, 2023 | $2,450,000 | $2,450,000 | not published |
| 4 (penthouse, 2 bed) | September 18, 2023 | $1,680,113 | $1,650,000 | $1,508 |
| 3 (3 bed) | October 31, 2023 | $1,895,000 | $1,895,000 | $1,458 |
| 2 | January 29, 2024 | $1,860,000 | $1,860,000 | $1,431 |
The penthouse figure equals $1,650,000 plus 1.825%, the combined state and city transfer tax below $3 million, which is how a buyer-paid sponsor transfer tax shows up in the consideration. The square-foot figures are from listing records, not the deeds. On implied prices, the four homes sold for $7,855,000, about $263,000 below the offering total. A $0 deed on the penthouse in October 2025 is a non-market transfer. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jan 29, 2024 | 2 | 3 BR · 2 BA · 1,300 sf | $1,860,000 | $1,431/sf | -3.4% |
| Oct 31, 2023 | 3 | 3 BR · 2 BA · 1,300 sf | $1,895,000 | $1,458/sf | +0.0% |
| Sep 20, 2023 | 1 | 2 BR · 2.5 BA · 1,998 sf | $2,450,000 | $1,226/sf | +0.0% |
| Sep 18, 2023 | 4 | 2 BR · 2 BA · 1,094 sf | $1,680,112 | $1,536/sf | +1.9% |
Market read. Most recent trades (2024) cleared a median $1,431/sf (recorded) across 1 sale. Median listing discount 0.0% from the last ask.
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-02623-7502; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 151 Newel Street and nearby.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
Keep up with 151 Newel Street and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like 151 Newel Street. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
What to know if you’re buying
Resales only. The sponsor has sold every unit. Price against the four deeds above and against newer four-unit buildings nearby.
Tax position. No tax abatement was disclosed in the records reviewed. Check the current tax bill for each unit, not the plan's projection.
A four-unit condominium. Read the by-laws on how the four owners make decisions and share costs for the roof, facade and building systems, and ask about the reserve.
Closing costs. On a resale the buyer pays the state mansion tax of 1% at $1 million and above; the seller customarily pays the transfer taxes. Use the calculators below to run your price.
Comparable buildings
If you're considering 151 Newel Street, also look at these Greenpoint condominiums:
- 104 Newel Street — four-residence condominium rehabilitation on the same street, with full-floor homes and a roof terrace
- 130 Huron Street — four-residence new-construction condominium with 2025 sales of $1.89 million to $2.354 million
- 58 Dupont Street — four-residence condominium completed 2023–24, sponsor sales from $1.79 million
- 112 Huron Street — four-residence condominium with a two-bedroom listed at $1.949 million
- 269 Eckford Street — five-residence elevator condominium, all homes closed by 2025
- 215 Calyer Street — five full-floor two-bedrooms with direct elevator entry
More Greenpoint buildings
- 149 Huron Street — 2008 condominium
- 150 Java Street — condominium
- 151 Freeman Street — 2025 condominium
- 153 Green Street — 2021 condominium
- 155 Noble Street — 1924 condominium
- 169 Huron Street — 2022 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Greenpoint.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 151 Newel Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com