Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,750,000

Listed at $1,950,000 · Sold 10.3% below asking · Closed December 15, 2020

553 Morgan Avenue
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Closed For Sale Multi Family

$1,950,000

553 Morgan Avenue

Greenpoint, Brooklyn

MLS® #RLS10645481

RLS at REBNY

Listing by The Corcoran Group

6

Bedrooms

3

Baths

N/A

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 6
Bathrooms 3
Year Built 1901
Neighborhood Greenpoint

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1901)

Property Details

Type Multi Family
Total Rooms 16
Baths 3 Full
Pets Yes
Cross Street Driggs Avenue & Nassau Avenue
Year Built 1901
Architectural Style Prewar
Parcel # 02690-0039

Description

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 39? 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 Information

Total Units 3
Stories 3
Style Prewar

Greenpoint is a neighborhood that perfectly balances its industrial heritage with a modern, creative spirit. Known for its stunning views of the Manhattan skyline and its rich industrial heritage, the area has become a premier destination for luxury living. The real estate landscape features a mix of historic multi-family homes, converted factory lofts, and a new wave of high-end glass towers along the East River waterfront.

Greenpoint Live Market Data

View Neighborhood

Active Listings

36

Median Asking Price

$1.86M

Median $/Sqft

$1,533

Avg Days on Market

N/A

New This Week

5

Price Reduced

14%

Sold (30 Days)

5

Median Sale Price

$2.35M

Live data from RLS at REBNY • Updated 3/25/26, 11:19 AM EST

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Location

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553 Morgan Avenue, Greenpoint, Kings County • Near Driggs Avenue & Nassau Avenue

Floor Plans

Floor Plan
MLS® ID: RLS10645481
First Listed: 7/7/2020
Price Changed: 2/5/2021
Closed: 12/15/2020
Contract Date: 7/7/2020

Listing Courtesy of The Corcoran Group - Jonathan Conlon

Listing Contact: (212) 891-7000

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/25/2026 at 3:19 PM UTC

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