565 Union Street, Unit 1

$4,200,000
Price
9
Beds
7
Baths
4,500 Sq. Ft.
$933 / Sq. Ft.
4,500
Sq. Ft.
$933
per Sq. Ft.

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.
  1. Listed by Magdalena Sliwa • Capri Jet Realty Corp
    P: (718)-388-2188 C: (347)-415-7507 magdalena@caprijetrealty.com

Property Details for 565 Union Street, Unit 1

Township
Brooklyn
Architectural Style
Townhouse
Zoning Description
M1-2
Community Features
Park,Near Public Transportation
Garage Spaces
.00
Section Area
3rd Ave
LISTING UPDATED: 11/18/2024 12:10 PM

Property Details for 565 Union Street, Unit 1

StatusActive
MLS ID3590411
Days on Market39
Taxes$11,727 / year
Maintenance-
Min. Down Pymt-
Total Rooms19.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1920
Lot Size2,250 SF / 25' x 90'
CountyKings County

Building

565 Union St

8 Units4 StoriesBuilt in 1920

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

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 13
  • Directions: Use Google Maps
  • Tax Block: 433
  • Tax Lot: 54
  • Property Attached: Yes
  • Structure Type: true
  • Levels: Three Or More
  • New Construction YN: No
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Brooklyn 15
  • Elementary School District: Brooklyn 15
  • Elementary School: Ps 32 Samuels Mills Sprole
  • Middle Or Junior School District: Brooklyn 15
  • Middle Or Junior School: Math & Science Exploratory Sch (The)
  • High School District: Brooklyn 15
  • High School: Brooklyn High School Of The Arts
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 7
Room Information
Room 1 Information
  • Room Level: Basement
  • Room Type: Additional
  • RoomDescription 1: Full unfinished basement (size of the building)
Room 2 Information
  • Room Level: First
  • Room Type: Additional
  • Room Description: Spacious 3 Bedroom, 1 Bath unit w/ access to the Backyard
Room 3 Information
  • Room Level: Second
  • Room Type: Additional
  • Room Description: Two 1 Bedroom, 1 Bath apartments (front and rear layouts)
Room 4 Information
  • Room Level: Third
  • Room Type: Additional
  • Room Description: Two 1 Bedroom, 1 Bath apartments (front and rear layouts)
Room 5 Information
  • Room Level: Other
  • Room Type: Additional
  • Room Description: Two 1 Bedroom, 1 Bath apartments (front and rear layouts)
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 00433-0054
  • Tax Map Number: 00433-0054
Interior and Exterior Features
Interior Features
  • Amenities: Back Yard, Cathedral/Vaulted/High Ceiling, Eat in Kitchen, Hardwood Floors As Seen, Near Public Transportation, Park, Private Entrance, Public, Storage, Townhouse, Walk In Closet
  • Interior Features: Cathedral Ceiling(s), Eat-in Kitchen, Storage, Walk-In Closet(s)
  • Total Rooms: 19
  • Living Area Units: Square Feet
  • Basement: Full, Unfinished
  • Fireplaces Total: 0
  • Location Amenities: Corner Apartment, Near Public Transportation, Privacy, Hardwood Floors As Seen, Cathedral/Vaulted/High Ceiling, Eat in Kitchen, Storage, Walk In Closet
  • Common Walls: 1 Common Wall
  • Flooring: Hardwood
Exterior Features
  • Exterior Features: Private Entrance
  • Exterior Property Features: Private Entrance, On Street, Back Yard, Park, Near Public Transportation, Level, Near Public Transit
  • Elevation Certificate: No
  • Fencing: Back Yard
  • Construction Materials: Brick
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Level,Near Public Transit
  • Lot Size Dimensions: 25x90
  • Site Features: Park, Near Public Transportation, Level, Near Public Transit
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
  • Parking Total: .00
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Hot Water
  • Heat Fuel Type: Natural Gas, Hot Water
  • Number Of Separate Gas Meters: 7
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 7
Green Features
  • Green Features: Natural Gas, Hot Water, Private Entrance

Property History for 565 Union Street, Unit 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

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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565 Union Street, Unit 1 is a multi-family home for sale in Gowanus. This property was listed for sale on November 11, 2024 by Capri Jet Realty Corp, it's currently listed at $4,200,000. This listing's school district is Nyc Geog District #15 - Brooklyn. Nearby schools include P.S. 32 Samuels Mills Sprole, The Math And Science Exploratory School and Cobble Hill School of American Studies. 565 Union Street, Unit 1 is a 9-bed, 7-bath, 4,500 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Capri Jet Realty Corp

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