Updated 6 years ago
Sold
553 Morgan Ave
Greenpoint, Brooklyn | Driggs Ave & Nassau Ave
16 Rooms6 Beds3 Baths3,036 Square FeetMulti-Family
$1,750,000
floors / apts3 / 3
Lot Size19'x100'
Built Size19'x54'
ZoneR6B
Building TypeTownhouse
RE Taxes$6,067
Price Per SF
$576
This property was sold for $1,750,000 on 12/09/20.
Listing Features
- Original Details
Outdoor space and views
- Backyard
Building Amenities
- Voice Intercom
Property Description for 553 Morgan Ave
Video Tour available upon Request
Welcome to 553 Morgan Avenue, an excellently maintained three-family, brick town home located just blocks from the gorgeous McGolrick Park with its own private 39Â’ backyard. This free-market, income-producing building is perfect for any investor or owner occupant looking for immediate cash flow opportunity. Recently gut-renovated, the owners unit on the first floor features a brand new kitchen, a gorgeously finished new bathroom and an in-unit washer/dryer to pair with its two bedrooms. The second and third floors are both recently updated as well offering any investor a unique opportunity to own a move-in ready town home across all three floors with the possibility for greater rents. This building can be delivered vacant or fully occupied and features shared storage in the basement. All mechanicals, electric, and the roof are recently updated. Please message us for an accurate expense and income pro-forma as well as a detailed list of recent updates to the building.
Building Details for 553 Morgan Ave
OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts3/3
Transit and Citi Bike
Citi Bike
Morgan Ave & Lombardy St
0.11 miles
Kingsland Ave & Nassau Ave
0.17 miles
Greenpoint | Brooklyn
Quick Profile
Go north, not west. Greenpoint’s placement at the furthermost tip of Brooklyn makes it peak “North Brooklyn” territory. Bordered by the East River, its geographical location has long made Greenpoint integral to maritime activity, present day ferry service to Manhattan included. With Williamsburg to the south and Long Island City to the north, Greenpoint’s “hip factor” often experiences crossover traffic from these areas.
Particularly bustling on the weekend, the edge of McCarren Park at Bedford Avenue and Lorimer Street filters out into prime Greenpoint, where brunch has become a hallowed tradition for newer and longtime residents alike. Bars and restaurants such as Spritzenhaus and Five Leaves also provide close proximity to a post-dining jaunt in the park.
As the neighborhood continues to grow and develop, the old world feel of a tradition of Polish immigrants has commingled with the arrival of enterprising millennials that have become a part of the go-getting spirit of the neighborhood. Filled with small coffee shops, vintage boutiques and award-winning restaurants (as well as tailored bars like TØRST offering up specialty beers on tap), Greenpoint truly is the jewel of North Brooklyn.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 76945TH
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