new - 6 days on rocket

565 Union St Unit 1, Park Slope, NY, 11215

$4,200,000

9 Bedrooms
7 Full Baths
4,500 SqFt
$933/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1920
HeatingNatural Gas, Hot Water
CoolingWindow Unit(s)
BasementYes
MLS #3590411
Lot Size0.05 Acres
StatusActive
(A)

About 565 Union St Unit 1

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Year Built: 1920
  • Living Area: 4,500 SqFt

Listing Office:

  • Office Name: Capri Jet Realty Corp
  • Office Phone: (718) 388-2188

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Cathedral Ceiling(s), Eat-in Kitchen, Storage, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Exterior: Private Entrance

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Level, Near Public Transit
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Use Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,200,000
  • Price Per SqFt: $933/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

565 Union St Unit 1 vs New York

6 DAYS ON ROCKET

-78 Days

$4,200,000

+$3.3M More

$933/SqFt

+$288 More

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price and $288/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3590411

Listing Office:

  • Office Name: Capri Jet Realty Corp
  • Office Phone: (718) 388-2188

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/17/2024, 10:56:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$21K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.6K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-649115
6
/10
  • PS 133 William a Butler

  • 610 Baltic St

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-649116
6
/10
  • P.S. 38 The Pacific School

  • 450 Pacific St

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-649117
8
/10
  • The Maurice Sendak Community School

  • 211 8th St

  • 0.55 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,182. The majority of New York, NY residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket Homes›New York›Kings County›New York›11215›565 Union St Unit 1

This home is located at 565 Union St Unit 1 in Park Slope, NY and zip code 11215 in the South Brooklyn neighborhood. This 4,500 square foot home, which was built in 1920, sits on a 0.05 acre lot. Features: 9 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $4,200,000.

In October 2024 more than 269 listings in New York, NY were sold above the asking price. During the same period more than 850 listings were sold at asking price, while more than 833 were sold below. The number of homes for sale in New York, NY increased by 1.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 84 days, the median list price was $856,124.

From Rocket Homes Real Estate and based on county public records data.

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