59 Newel Street

59 Newel Street in Brooklyn, NY was first built in 1928 and is 96 years old. There are a total of 4 floors. The linear feet across the front of the lot is 25 ft and the linear feet between the front and back of the lot is 100.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. During this assessment, the property's total value was estimated to be about $1,157,850. If we break it down further, the land itself was valued at $10,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.