Price Reduced 9.55%
Price History
$4,200,000
11/11/2024
$3,900,000
12/5/2024
$3,799,000
1/16/2025
565 Union Street, New York, (Brooklyn), NY, 11215
19 rooms
9 beds
7 Full baths
1920
Townhouse
FULLY VACANT 7 UNIT Brick Building! Exceptional Investment Opportunity! This vacant 7 unit solid brick building is an amazing investment opportunity located in a highly desirable Gowanus neighborhood, right between Park Slope and Carroll Gardens! With the building being FULLY VACANT, it offers tremendous potential for a Substantial Renovation program, allowing you to maximize the value of each unit and bring them to the current market value. The property can be converted to rental or condo building. The surrounding area is undergoing significant development, with new luxury projects transforming the neighborhood into one of Brooklyn's most sought-after areas. This vibrant area is also well-served by convenient access to restaurants, shops, markets, and public transportation, ensuring easy connections throughout the city. Only 4 short blocks to Whole Foods, 0.5 mi to Carroll St F, G train station, 1 mi to Atlantic-Barclays Center, and 2 short blocks to Thomas Greene Playground. The building features: - 1st Floor: Spacious 3 Bedroom, 1 Bath unit w/ access to the Backyard - Upper Floors (Floor 2, 3 and 4): Six 1 Bedroom, 1 Bath apartments (front and rear layouts) - High ceilings, windows in every room, stainless steel appliances in some units - Full unfinished basement (size of the building) and a private backyard - Each unit is individually metered for heating, providing added flexibility and efficiency for future tenants. Lot: 25 x 90 ft Building: 25 x 45 ft Zoning: M1-2 FAR: 2; MAX FAR: 4 Unused FAR (air rights) - 4,500 SF Taxes: $11,727.40/Yr Amazing opportunity to capitalize on a rapidly growing neighborhood with immense upside potential! *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified., Additional information: Building Size:25 x 45 ft
Status:
Active
Town:
New York
Type:
Commercial
Units:
7
Heating:
Natural Gas, Hot Water
Cooling:
Wall/Window Unit(s)
Basement:
Full, Unfinished
Parking:
On Street
Est. Taxes:
$11,727
Construction
Brick
Lot Description:
Level, Near Public Transit, Near School, Near Shops
Elementary School:
Ps 32 Samuels Mills Sprole
Middle School:
Math & Science Exploratory Sch (The)
High School:
Brooklyn High School Of The Arts
School District:
Community District 15
Days on Market:
77
Appliances:
Gas Water Heater
MLS #:
3590411
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Capri Jet Realty Corp 718-388-2188