Active

565 Union Street # 1

Park Slope NY, 11215

$4,200,000


$933.33 per sqft

Active

9 Beds

7 Baths

4,500 sqft

Multi-family

Built in 1920

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.

3590411

MLS ID

November 11, 2024

Listed

December 2, 2024

Updated

Map

565 Union Street # 1
Park Slope NY, 11215

Interior Features

Total Stories

3


Bedrooms

9


Total Bathrooms

7


Full Bathrooms

7


Interior Features

Cathedral Ceiling(s), Eat-in Kitchen, Storage, Walk-In Closet(s)


Floor Description

Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Natural Gas, Hot Water

Exterior/Building Features

Lot Size

0.05 Acres


Exterior Features

Private Entrance


Lot Features

Level, Near Public Transit


Architectual Style

Townhouse


Sewer

Public Sewer

School Information

School District

Brooklyn 15


High School

Brooklyn High School Of The Arts


Elementary School

Ps 32 Samuels Mills Sprole

Other Property Details

Taxes

$11,727


Tax Frequency

Annually


Garage

No


Parking

On Street


Parking Total

0


View

No


County

Brooklyn


Municipality

Brooklyn


Water Source

Public


Pool

No

Listed by Magdalena Sliwa  with Capri Jet Realty Corp
Listing Contact: 718-388-2188 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Natasha Green shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 5:51 PM UTC, 12/2/2024

  

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