Water Front Luxury Realty

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$3,600,000
166 Days On Site

565 Union Street
Brooklyn, NY 11215

For Sale|Multi Family|Active
9
Beds
7
Full Baths
0
Partial Baths
4,500
SqFt
$800
/SqFt
1920
Built
County:
Kings (Brooklyn)
Listing courtesy of Capri Jet Realty Corp magdalena@caprijetrealty.com

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565 Union Street565 Union Street565 Union Street565 Union Street
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Monthly Payment (Est.)

$16,425
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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., Additional information: Building Size:25 x 45 ft

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Listing Snapshot
Price 
$3,600,000
Days On Site 
166 Days
Bedrooms 
9
Inside Area (SqFt) 
4,500 sqft
Total Baths 
7
Full Baths 
7
Partial Baths 
N/A
Lot Size 
2,250 Acres
Year Built 
1920
MLS® Number 
L3590411
Status 
Active
Property Tax 
$11,727
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 months agoPrice changed to $3,600,000
5 months agoListing updated with changes from the MLS®
5 months agoListing first seen on site
General Features
Cross Street 
3rd Ave
Parking 
On Street
Property Sub Type 
Multi Family
SqFt Total 
4500
Stories 
Multi/Split
Water Source 
Public
Interior Features
Appliances 
Gas Water Heater
Basement 
FullUnfinished
Cooling 
Wall/Window Unit(s)
Flooring 
Hardwood
Heating 
Hot Water
Interior 
Cathedral Ceiling(s)Eat-in KitchenWalk-In Closet(s)
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Exterior Features
Construction Details 
Brick
Exterior 
Private Entrance
Fencing 
FencedBack Yard
Lot Features 
LevelNear Public Transit
Community Features
School District 
Brooklyn 15
Schools
School District
Brooklyn 15
Elementary School
Ps 32 Samuels Mills Sprole
Middle School
Math & Science Exploratory Sch (The)
High School
Brooklyn High School Of The Arts
Listing courtesy of Capri Jet Realty Corp magdalena@caprijetrealty.com


Based on information submitted to the MLS GRID as of 2025-04-26 11:25 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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