See Home Value
$1,880,000 - $2,296,000
Townhouse - Off Market

643 Morgan Avenue

Brooklyn, NY 11222
bedrooms
Studio
bathrooms
6 Baths
square feet
2559 Sqft

About This Property

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!

The manager has listed the unit size as 2559 square feet.
Unit Size
2,559Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$816
Property Type
Townhouse
Property Taxes
$886
HOA Dues
-
Year Built
2005

Price History

Date / Event Date Event Price
Dec 22, 2023 No longer available -
No longer available
Nov 14, 2023 Price Increased $2,088,000
↑ $89K (4.5%)
Price Increased
Oct 19, 2023 Listed $1,999,000
Listed
Jun 27, 2013 Sold to Kathi To $1,040,000
Sold to Kathi To

Property Highlights

Interior Details

Interior Information

Deck
Exterior Details

Exterior Information

Brick


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$2,300,000 Sep 5, 2019
$2,300,000 Jan 21, 2020
-
Townhouse
Stu
-
-
$2,350,000 Nov 27, 2016
$2,350,000 May 15, 2017
-
Townhouse
Stu
-
-
$1,600,000 Mar 15, 2019
$1,600,000 Aug 23, 2019
-
Multifamily
6 Beds
3 Baths
2,684 ft²
$820/ft²
$2,200,000 Mar 19, 2023
$2,200,000 Aug 10, 2023
-
Townhouse
4 Beds
3 Baths
2,200 ft²
$807/ft²
$1,775,000 Jan 26, 2022
$1,775,000 Nov 7, 2022
-
Multifamily
3 Beds
3 Baths
2,600 ft²
$961/ft²
$2,498,000 Apr 4, 2023
$2,498,000 Jul 15, 2023
-
House
Stu
-
-
$1,795,000 Oct 24, 2023
-
$680/mo
Other
Loft
3 Baths
1,297 ft²
$1,541/ft²
$1,999,000 Nov 2, 2023
-
$1,018/mo
Other
Loft
3 Baths
1,238 ft²
$1,777/ft²
$2,200,000 Nov 2, 2023
-
$972/mo
Other
Loft
2 Baths
1,238 ft²
$1,575/ft²
$1,950,000 Sep 13, 2023
-
$2,457/mo
Condo
2 Beds
3 Baths
2,680 ft²
$895/ft²
$2,399,000 Jul 4, 2023
-
$2,691/mo
Condo
2 Beds
3 Baths
2,001 ft²
$1,072/ft²
$2,145,000 Oct 27, 2023
-
$1,680/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

643 Morgan Avenue 643 Morgan Avenue, Brooklyn, NY 11222
  • 3 Units
  • 1 Unit for Sale
More about this Building
643 Morgan Avenue
Want to find out who owns 643 Morgan Avenue, Brooklyn, NY 11222? Get detailed property transactions here .

About Northern Brooklyn


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