Park Slope, NY 11215,565 Union ST #1
Park Slope, NY 11215,565 Union ST #1
Park Slope, NY 11215,565 Union ST #1
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$4,200,000
Est. payment /mo
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9 BD
7 BA
4,500 SqFt
New

565 Union ST #1 Park Slope, NY 11215

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UPDATED:

11/11/2024 03:12 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $933

MLS Listing ID 3590411

Style Townhouse

Bedrooms 9

Full Baths 7

Originating Board onekey

Rental Info No

Year Built 1920

Annual Tax Amount $11,727

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 25x90

Property 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. 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.

Location

State NY

County Brooklyn

Zoning M1-2

Rooms

Basement Full, Unfinished

Kitchen 7

Interior

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

Heating Natural Gas, Hot Water

Cooling Window Unit(s)

Flooring Hardwood

Fireplace No

Exterior

Exterior Feature Private Entrance

Garage On Street

Fence Back Yard

Parking Type On Street

Garage false

Building

Lot Description Level, Near Public Transit

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Brick

New Construction No

Schools

Elementary Schools Ps 32 Samuels Mills Sprole

Middle Schools Math & Science Exploratory Sch (The)

High Schools Brooklyn High School Of The Arts

School District Brooklyn 15

Others

Senior Community No

Special Listing Condition None


Listed by Capri Jet Realty Corp • 718-388-2188

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Ronald J. Logallo, Jr.

Realtor | License ID: 40LO1034700

+1(631) 335-7141

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565 Union ST #1