572 Morgan Avenue #BLDGR

572 Morgan Ave Unit BLDG

,

Brooklyn, NY 11222

2 Weeks Ago
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572 Morgan Avenue #BLDGR
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Beds Baths Average SF
12 Bedrooms 12 Bedrooms 12 Br 8 Baths 8 Baths 8 Ba

About This Property

8-Unit Residential Building in Greeenpoint THE OFFERING Ideal Properties Group is pleased to offer the following opportunity located in the booming Greenpoint , Brooklyn neighborhood. 572 Morgan Avenue is located between Nassau Avenue and Driggs Avenue, and contains a gross square footage of 6,500. The building is built 25 x 65 feet on a 25 x 100 lot ( Block: 2691 Lot: 59).The property is zoned R6B. Trophy Location. Situated in the prime of Greenpoint, 572 Morgan Avenue is strategically located near Msgr. McGolrick Park, the PS 110 Monitor School, Sgt.William Dougherty Playground and is in close proximity to B48, B24 buses and the G subway line, this location offers terrific access to restaurants, and other amenities in Greenpoint neighborhood. Because of these factors, renters typically pay market premiums for buildings in this location THE OPPROTUNITY Economies of Scale. 572 Morgan Avenue provides an investor with the opportunity to own an 8-unit building in one of the most desirable submarkets in Brooklyn. Rental Growth. 572 Morgan Avenue features significant in-place cash-flow with the ability to add value to the real estate by increasing current rents. Because of leases expiring periodically within the next 18 months, 572 Morgan Avenue will enjoy a growth in the cap rate.

572 Morgan Avenue #BLDGR is an apartment community located in Kings County and the 11222 ZIP Code.

Neighborhood

With rows of historic and colorful buildings lining wide sidewalks and jaunty awnings adorning locally-owned shops and cafes, there's good reason many new residents seek out Greenpoint. This trendy neighborhood is located in northern Brooklyn, and it really does have something for everyone: it is filled with artists, it is the go-to place for the finest restaurants and bars around, and it has some of the best public schools in New York. The neighborhood is so photogenic it was even used as the setting for HBO's hit series, Girls. It provides terrific parks, such as McCarren Park, which is home to the Greenpoint McCarren Park Greenmarket -- a year-round farmer's market. Msgr. McGolrick Park is home to a historic pavilion, a playground, picnic areas, and several monuments.

Go walking along Manhattan Avenue, Greenpoint's busy shopping district, and you'll discover why so many are moving to this once-hidden location.

Learn more about living in Greenpoint 

Below are rent ranges for similar nearby apartments

Education
Colleges & Universities Distance
Colleges & Universities Distance
Drive: 5 min 1.7 mi
Drive: 9 min 3.5 mi
Drive: 12 min 4.7 mi
Drive: 12 min 4.8 mi
572 Morgan Avenue #BLDGR is within 5 minutes or 1.7 miles from LaGuardia Community College. It is also near Pratt Institute and Baruch College.
Transportation

Transportation options available in Brooklyn include Nassau Avenue, located 0.8 mile from 572 Morgan Avenue #BLDGR. 572 Morgan Avenue #BLDGR is near Laguardia, located 6.2 miles or 13 minutes away, and John F Kennedy International, located 14.4 miles or 22 minutes away.

Transit / Subway Distance
Transit / Subway Distance
Walk: 14 min 0.8 mi
Drive: 4 min 1.1 mi
Drive: 4 min 1.3 mi
Drive: 4 min 1.4 mi
Drive: 4 min 1.6 mi
Commuter Rail Distance
Commuter Rail Distance
Drive: 5 min 1.8 mi
Drive: 7 min 2.3 mi
Drive: 8 min 3.4 mi
Drive: 12 min 4.7 mi
Drive: 12 min 4.9 mi
Airports Distance
Airports Distance
Laguardia
Drive: 13 min 6.2 mi
John F Kennedy International
Drive: 22 min 14.4 mi

Walkability Near 572 Morgan Avenue #BLDGR

Walker's Paradise
91
Walk Score®
Out of 100
Lace up your walking shoes because this area is considered a walker’s paradise.
Good Transit
62
Transit Score®
Out of 100
The area around this property has good transit with many nearby transportation options.
Very Bikeable
79
Bike Score®
Out of 100
This area is very Bikeable. You’ll find a variety of bike paths and lanes.
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-
Soundscore
Out of 100

Traffic:

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Airport:

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Points of Interest

Time and distance from 572 Morgan Avenue #BLDGR.

Shopping Centers Distance
Shopping Centers Distance
Drive: 5 min 1.8 mi
Drive: 7 min 2.8 mi
Drive: 8 min 3.0 mi
572 Morgan Avenue #BLDGR has 3 shopping centers within 3.0 miles, which is about a 8-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
McCarren Park
Walk: 15 min 0.8 mi
Martinez Playground
Drive: 6 min 1.7 mi
East River State Park
Drive: 6 min 1.8 mi
Sternberg Park
Drive: 6 min 1.8 mi
Maria Hernandez Park
Drive: 7 min 2.4 mi
572 Morgan Avenue #BLDGR has 5 parks within 2.4 miles, including McCarren Park, Martinez Playground, and East River State Park.
Hospitals Distance
Hospitals Distance
Drive: 7 min 2.5 mi
Drive: 7 min 2.6 mi
Drive: 11 min 4.5 mi
572 Morgan Avenue #BLDGR has 3 hospitals within 4.5 miles, the nearest is Wyckoff Heights Medical Center which is 2.5 miles away and a 7 minute drive.
Military Bases Distance
Military Bases Distance
Drive: 18 min 7.2 mi
Drive: 27 min 13.5 mi
572 Morgan Avenue #BLDGR is 7.2 miles from Governors Island Support Center, and is convenient to other military bases, including Military Ocean Terminal.

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