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565 Union Street Brooklyn, NY 11215
$3,900,000
  • Commercial
  • 9 Bedrooms
  • 7 Full Baths
  • 4500 SqFt
  • Year Built 1920
  • Multi Family
  • ML# 3590411

Property Details

Overview

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

Key Facts

  • SqFt: 4500.00
  • Style: Townhouse
  • Lot Sq Ft: 2250
  • Taxes: $11,727
  • Sale or Rent: Sale
  • School District: Ps 32 Samuels Mills Sprole
  • Zoning: M1-2
  • Block: 433
  • Lot: 54

Additional Features

  • Construction Materials: Brick
  • Exterior Features: Private Entrance
  • Interior Features: 
    Cathedral Ceiling(s), Eat-in Kitchen, Walk-In Closet(s)
  • Parking Facilities: On Street
  • Wood Floors: Yes

Rooms & Floor Plans

  • Bedroom: 9
  • Full Bath: 7
  • Other: 3

Interior & Utilities

  • Heat: Natural Gas, Hot Water
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Shared

Financial

  • Taxes: $11,727
Listing Information provided courtesy of Capri Jet Realty Corp  718-388-2188
OneKeyâ„¢ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKeyâ„¢ MLS
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Cell: 631.774.2766
Contact

Laura M. Cochran

Licensed Associate Broker

Cell: 631.774.2766 Email: laura@lauracochran.com