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