643 Morgan Avenue, Brooklyn, NY 11222
$1,997,000
Property Type:
MultiFamily
Bedrooms:
10
Baths:
6
Square Footage:
3,367
Lot Size (sq. ft.):
1,123
Status:
Closed
Current Price:
$1,997,000
List Date:
10/18/2023
Last Modified:
9/26/2024
Listing Details MLS# 1164980
AddressLegal
- Street No.
- 643
- Street Name
- Morgan
- Street Suffix
- Avenue
- County
- Kings
- State
- NY
- Zip Code
- 11222
- Area Name
- Greenpoint
- Parcel ID
- 2659-134
ContractLocation Information
- Marketing/Listing Date
- 2023-10-18
- Sub-Type
- Triplex
- Zoning
- R6-B
- Block
- 2659
- Lot
- 134
General Property Info
- Stories
- 4
- Full Baths
- 5
- 3/4 Baths
- 3
- Total Baths
- 6
- Year Built
- 2005
- Year Built Info
- Approx
- Taxes
- 10626
- Tax Abated
- No
- Lot Size SqFt
- 1123
- Lot Dim
- 24x46.8
- Building SqFt
- 3367
- # Units
- 3
- Garage Capacity
- Yes
- No. of Heating Units
- 3
- Air Conditioner
- Units
- # of A/C Units
- 10
- Public Remarks
- If you're looking for an investment that you can both live in and make money then 643 Morgan Avenue is 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 has 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!
- Rent Control # of Units
- 0
- Rent Stabilized # Units
- 0
Status Change Info
- Pending Date
- 2023-12-20
- Sold Date
- 2024-02-27
- Projected Close Date
- 2024-03-20
Unit 1
- Unit 1 - Level
- Yes
- Unit 1 - Rent/Month
- 3350
- Unit 1 - # Rooms
- 5
- Unit 1 - # Bedrooms
- 3
- Unit 1 - # Baths
- 2
Unit 2
- Unit 2 - Level
- 2
- Unit 2 - # Rooms
- 5
- Unit 2 - # Bedrooms
- 3
More Information
Unit 3
- Unit 3 - Level
- 3
- Unit 3 - Rent/Month
- 4000
- Unit 3 - # Rooms
- 5
- Unit 3 - # Bedrooms
- 4
- Unit 3 - # Baths
- 2
Non Member
- Non Member Name
- Nicole Fishman
- Non Member Office
- Nest Apple Realty
Address/Legal
- Section
- N/A
Contract/Location Information
- List Price/SqFt
- 620.14
- CofO
- No
- List Type
- Exclusive Right To Sell
- Owner Finance
- No
Sewer
- Public Sewer
- Yes
Income & Expenses
- Gross Income
- 126000
- Net Income
- 109924
- Total Expense
- 16676
Electric
- 220
- Yes
Heat Source
- Natural Gas
- Yes
Heat System
- Hot Water
- Yes
Electric Meters
- Individual
- Yes
Gas Meters
- Individual
- Yes
Basement
- Finished
- Yes
- Full
- Yes
Parking
- On Street
- Yes
Siding
- Brick
- Yes
Property Condition
- Excellent
- Yes
Property Features
Electric Meters:
Individual
Gas Meters:
Individual
Sewer:
Public Sewer
Electric:
220
Basement:
Finished; Full
Parking:
On Street
Siding:
Brick
Heat Source:
Natural Gas
Heat System:
Hot Water
Property Condition:
Excellent
Listing Courtesy of
DiTommaso Real Estate
Listing data provided courtesy of Staten Island Multiple Listing Service.
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.