$2,088,000
Updated 2 years ago
Sold

643 Morgan Ave

Greenpoint, Brooklyn | Nassau Ave & Norman Ave

19 Rooms10 Beds6 Baths2,559 Square FeetMulti-Family

$2,088,000
floors / apts3 / 3
Lot Size24'x46'8"
Built Size18'x46'2"
ZoneR6B
Building TypeTownhouse
RE Taxes$10,626
Price Per SF
$816

This property was sold for $1,997,000 on 02/26/24.

Outdoor space and views

  • Backyard
  • Balcony
  • Terrace

Building Amenities

  • Voice Intercom
  • Garage
  • Laundry Room

Property Description for 643 Morgan Ave

If you're looking for an investment that you can both live in and make money, then this for you. It offers the purchaser an excellent income potential in a low maintenance modern building. If you're considering buying a Condo that is about $2M, why not consider this 3 Family that potentially make you money without the wait of board approval or requirements. This 3-family property is perfect for a primary residence with two income producing units or as an investment property. Currently, all three units are being used as free market rentals. Built in 2005 - All units have been renovated with lots of upgrades. All units have an outdoor area. Building has coin operating washer and dryer machine for extra income. Tenants pay all their own utilities. Landlord pays for RE taxes, insurance, water/sewer and common utilities for laundry/hallway/areas, etc. Income: $3350 per month / $40,200 annual - 1st Floor duplex with basement - 3 Bedrooms and 2 Bathrooms with a back yard. $3100 per month / $37,200 annual - 2nd Floor - 3 Bedrooms and 2 Bathrooms with back outdoor balcony. $4000 per month/ $48,000 annual - 3rd Floor duplex with 4th floor - 4 Bedrooms and 2 Bathrooms with a huge outdoor terrace. $100 per month / $1,200 annual - Garage (potential garage rent is $400 to $450 per month) Total Annual Income: $126,600 Located in Greenpoint Brooklyn NY in close proximity to McGolrick Park, small shops, restaurants, transportation, etc... Please note that all showings are by appointments only because all units are currently tenants occupied. For more information, please contact DiTommaso Realty for more information and showing appointment. Thank you!

Listing History for 643 Morgan Ave

Now
02/26/2024
$1,997,000
Sold and Closed by Dawn Eugenio
Coldwell Banker DiTommaso Realty
2024

Building Details for 643 Morgan Ave

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built2005
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Citi Bike

Kingsland Ave & Nassau Ave
0.09 miles
Van Dam St & Meeker Ave
0.18 miles

Contact Agent

Contact Agent

Dawn Eugenio
Coldwell Banker DiTommaso Realty

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: 90285TH