$3,600,000

565 Union St Brooklyn, NY 11215

Gowanus Neighborhood

Estimated payment $19,895/month

Total Views 1,771
-- Bed
7 Baths
4,500 Sq Ft
$800 Price per Sq Ft

Highlights

  • Wood Flooring
  • 4-minute walk to Union Street
  • Back Yard
  • P.S. 32 Samuels Mills Sprole Rated A
  • Heating System Uses Steam
  • 3-minute walk to Thomas Greene Playground

About This Home

565 Union Street is a 7-family walk-up building located in the sought-after Carroll Gardens section of Brooklyn. Offering a mix of spacious, light-filled units, this property is ideally situated in one of the borough’s most desirable neighborhoods—known for its tree-lined streets, vibrant dining scene, and excellent access to public transportation. With strong rental demand and solid income potential, this building represents a rare opportunity for investors seeking both stability and long-term growth. Its prime location ensures consistent tenant interest and enduring value, making it a standout asset in today’s market. The property includes 4,500 sq ft of unused air rights, presenting a valuable opportunity for builders to expand or redevelop and unlock even greater potential. Currently vacant and ready for its next owner, this building offers immediate flexibility for renovation, leasing, or development.

Listing Agent

Alla Ioffe

Exclusive Properties Realty In Listed on: 08/12/2025

Co-Listing Agent

Juda Niayzov

Exclusive Properties Realty In

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,727

Year Built

  • Built in 1920

Lot Details

  • 2,250 Sq Ft Lot
  • Lot Dimensions are 90 x 25
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Stucco Exterior

Interior Spaces

  • 7 Full Bathrooms
  • 4,500 Sq Ft Home
  • 4-Story Property
  • Stove
  • Unfinished Basement

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 433

Community Details

Overview

  • 7 Units

Building Details

  • 7 Vacant Units
  • Fuel Expense $1,200
  • Insurance Expense $10,000
  • Utility Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,727

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Total Bathrooms: 7.00
  • Borough: Brooklyn
  • Building Length: 45.00
  • Building Width: 25.00
  • Co List Office Mls Id: 119830
  • Co List Office Phone: (718) 916-4618
  • Confirmed By M L S Y N: Yes
  • Cross Street: Nevins St
  • Cross Street Name2: 3rd Av
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Available Units: 7
  • Number Of Families: 7
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dryer, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 4500
  • Building Stories: 4
  • Street Name I D X: Union
  • Year Built: 1920
  • Special Features: None
  • Stories: 4

Interior Features

  • Basement Full Bathrooms: 7
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 2250

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Block
  • Exterior: Brick, Stucco
  • Foundation Details: Poured Concrete
  • Lot Number: 54
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1200.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 90
  • Lot Size Width: 25
  • Zoning: M1-2

Multi Family

  • Annual Gross Expense: 25127.00
  • Insurance Expense: 10000.00
  • Unit Count: 7
  • Annual Utility Expenses: 1200.00

Tax Info

  • Flip Tax Amount: 11727.00

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2025 08/12/25 For Sale $3,600,000 -- $800 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 494973

Brooklyn Board of REALTORS®

APN: 00433-0054

New York Kings County Brooklyn 11215 Gowanus

565 Union St, Brooklyn, NY

For Sale

MultiFamily

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Alla Ioffe
Listing Agent
Alla Ioffe
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Exclusive Properties Realty In
(929) 669-3263