565 Union Street, Unit 1
$4,200,000
9
7
4,500
4,500
$933
Description
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....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.
- Listed by Magdalena Sliwa • Capri Jet Realty CorpP: (718)-388-2188 C: (347)-415-7507 magdalena@caprijetrealty.com
Property Details for 565 Union Street, Unit 1
Township
Brooklyn
Architectural StyleTownhouse
Zoning DescriptionM1-2
Community FeaturesPark,Near Public Transportation
Garage Spaces.00
Section Area3rd Ave
LISTING UPDATED: 11/18/2024 12:10 PM
Property Details for 565 Union Street, Unit 1
Status | Active |
---|---|
MLS ID | 3590411 |
Days on Market | 39 |
Taxes | $11,727 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 19.0 |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1920 |
Lot Size | 2,250 SF / 25' x 90' |
County | Kings County |
Building
Building Information for 565 Union Street, Unit 1
Stories4Residences8Year Built1920Building Size25' x 45'Building Sq. Ft4,500 SFLot Size2,250 SF / 25' x 90'Building Age-Building Type-
Property Information for 565 Union Street, Unit 1
Property History for 565 Union Street, Unit 1
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 565 Union Street, Unit 1
This home is within Nyc Geog District #15 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
P.S. 32 Samuels Mills Sprole PublicPK to 5 | ||
The Math And Science Exploratory School Public6 to 8 | ||
Cobble Hill School of American Studies Public9 to 12 | ||
Brooklyn High School of the Arts Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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