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FOR SALE | Valued-Add or Redevelopment - Gowanus

Market Price

544-548 Union Street, Brooklyn, NY 11215

Active
Last Updated: 10/30/2024

13,100 sqft

Building Size

7,200 sqft

Combined Lot Area

Details:
Building Size:    13,100 sqft
Combined Lot Area :    7,200 sqft
Units:    7
Zoning:    M1-4/R6A/G
Highlights:
  • Opportunity to convert the existing 7,000 SF building SF and or redevelop the entire site
  • Located on the south side of Union Street between 3rd Avenue and Nevins Street
  • The rental market is seeing rents of $85/SF, while condo sellouts are surpassing $1,600/SF throughout the neighborhood
  • One avenue away from the Union Street D/N/R/W subway station and close proximity to the B61 bus line - accessible transportation to all five boroughs
  • The Gowanus: a transformed neighborhood surrounded by numerous restaurants, cafes, parks and entertainment hot spots
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