565 Union Street Brooklyn, NY $ 3,600,000
565 Union Street
$ 3,600,000
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565 Union Street

Brooklyn, NY, 11215
$ 3,600,000
Bedrooms-- Baths-- Sq 4,500

Monthly Estimate*

$ 22,459

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Commercial Property for sale in Brooklyn, NY

for $3,600,000. This 4,500 square foot building was built in 1920 on a lot size of 0.0517.

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.

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Commercial Active

Price

$ 3,600,000

Property Type

Commercial

Taxes

$ 11,727

Style

Multi Family

Lot Size

0.0517

Year Built

1920

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

904498

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Multi Units
Utilities Electricity Connected Natural Gas Connected
Construction Materials Brick
Year Built 1920
Property Subtype Multi Family
Tax Year 2024
Parcel Number 00433-0054
County Kings (Brooklyn)
Property Type Commercial Sale
City New York
Number Of Units Total 7
Property Attached Y/N Y
Tax Annual Amount 11727
Building Area Units Square Feet
Standard Status Active
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Interior
Basement Unfinished
Basement Features Unfinished
Basement (Y/N) Y
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Exterior
Water Source Public
Building Area Total 4500
Waterfront Y/N N
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Internal Only
Street Number 1 565
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* Excluded Features
List By
Alevtina Ioffe

Listing Agent

Exclusive Properties Rlty Inc

Broker

ioffealla@gmail.com

Email

Affordability Calculator

$23,437
Per Month
96%
4%
0%
Monthly Principal & Interest
$22,459
Monthly Property Taxes
$977
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/22/2025$3,600,000 Listed Price

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565 Union Street, Brooklyn, NY, 11215 is a Commercial Property for sale at $3,600,000 with 4,500 sqft and a lot size of 0.0517. 565 Union Street was built in 1920. The property's zip code is 11215 which is in Brooklyn, NY