NOT LISTED FOR SALE

548-550 Union St Brooklyn, NY 11215

Gowanus Neighborhood

Estimated Value: $4,061,955

-- Bed
-- Bath
4,552 Sq Ft
$892/Sq Ft Est. Value

About This Home

This home is located at 548-550 Union St, Brooklyn, NY 11215 and is currently estimated at $4,061,955, approximately $892 per square foot. 548-550 Union St is a home located in Kings County with nearby schools including P.S. 32 Samuels Mills Sprole, New Dawn Charter High School, and Al-Madinah School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
548-550 Union Realty Llc
Bought by
548 Union Street Property Owner Llc
Current Estimated Value
$4,061,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$4,000,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2024
Sold by
Ralala Llc and Zedek3 Investments Llc
Bought by
548-550 Union Realty Llc

Purchase Details

Closed on
Jul 27, 2021
Sold by
Let'S Grow Together Inc
Bought by
Ralala Llc and Zedek3 Investments Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
548 Union Street Property Owner Llc $4,000,000 --
548-550 Union Realty Llc $4,000,000 --
548-550 Union Realty Llc $4,000,000 --
Ralala Llc $2,000,000 --
Ralala Llc $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 548 Union Street Property Owner Llc $4,000,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,544 $238,500 $32,400 $206,100
2024 $21,544 $228,600 $32,400 $196,200
2023 $21,223 $209,250 $32,400 $176,850
2022 $15,427 $191,250 $32,400 $158,850
2021 $16,554 $154,800 $32,400 $122,400
2020 $12,416 $233,100 $32,400 $200,700
2019 $21,499 $208,350 $32,400 $175,950
2018 $20,960 $209,700 $32,400 $177,300
2017 $20,470 $214,200 $32,400 $181,800
2016 $19,777 $204,300 $32,400 $171,900
2015 $13,061 $185,850 $32,400 $153,450
2014 $13,061 $182,700 $32,400 $150,300
Source: Public Records

Map

New York Kings County Brooklyn 11215 Gowanus

548-550 Union St, Brooklyn, NY

This home is located at 548-550 Union St, Brooklyn, NY 11215 and is currently estimated at $4,061,955, approximately $892 per square foot. 548-550 Union St is a home located in Kings County with nearby schools including P.S. 32 Samuels Mills Sprole, New Dawn Charter High School, and Al-Madinah School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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