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597 Morgan Ave
Brooklyn, NY 11222
Multifamily Property For Sale
·
3 Units

Executive Summary
Marcus and Millichap is pleased to offer for sale on exclusive basis 597 Morgan Ave Greenpoint NY 11222.
Greenpoint is one of the best places to live in New York. Living in Greenpoint offers residents a dense urban feel.
The property consists of three 2 BR units approximately 925 SF.
The units are speartately metered, the tenants pay their own gas heat, hotwater and electric.
Lots of potential upside.
The lot is 19 X 100 FT and the building dimension is 19 X 54 FT, the zoning is R6B with 400 SF of air rights available.
Greenpoint is one of the best places to live in New York. Living in Greenpoint offers residents a dense urban feel.
The property consists of three 2 BR units approximately 925 SF.
The units are speartately metered, the tenants pay their own gas heat, hotwater and electric.
Lots of potential upside.
The lot is 19 X 100 FT and the building dimension is 19 X 54 FT, the zoning is R6B with 400 SF of air rights available.
Property Facts
| Price Per Unit | $983,333 | Lot Size | 0.04 AC |
| Sale Type | Investment | Building Size | 3,402 SF |
| Cap Rate | 2.14% | No. Stories | 3 |
| No. Units | 3 | Year Built/Renovated | 1901/2005 |
| Property Type | Multifamily | ||
| Zoning | R6B | ||
| Price Per Unit | $983,333 |
| Sale Type | Investment |
| Cap Rate | 2.14% |
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.04 AC |
| Building Size | 3,402 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1901/2005 |
| Zoning | R6B |
Property Taxes
| Parcel Number | 02690-0119 | Improvements Assessment | $117,420 |
| Land Assessment | $15,480 | Total Assessment | $132,900 |
Property Taxes
Parcel Number
02690-0119
Land Assessment
$15,480
Improvements Assessment
$117,420
Total Assessment
$132,900
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