Development Opportunity:544-550 Union St
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Development Opportunity:544-550 Union St
2 Retail Properties in Brooklyn, NY
Investment Highlights
- Situated in Gowanus, Brooklyn, at the heart of a vibrant neighborhood.
- A spacious lot of 80x90, providing ample space for development.
- With generous lot size and favorable zoning, the potential for various commercial developments is unlimited
- Benefiting from M1-4 / R6A zoning
- Currently accommodating three mixed-use properties, showcasing the area's evolution and potential
- Gowanus is rapidly expanding, making it an appealing location for businesses and residents alike
Executive Summary
***Development Opportunity***
Located in the heart of Gowanus, Brooklyn, this prime site offers exceptional potential in one of the city's most vibrant neighborhoods. Benefiting from M1-4 / R6A zoning, the property is ideally suited for a wide range of commercial and light industrial ventures. With an expansive lot size of 80x90 and a favorable FAR of 3.6, it boasts a total buildable area of 27,551 square feet.
Currently featuring three mixed-use properties, this site reflects Gowanus's ongoing transformation into a hub of innovation and growth. The large lot and advantageous zoning provide limitless opportunities for versatile commercial development.
As Gowanus continues its rise as a cultural and economic center, this property offers more than just business potential—it’s a chance to become part of a dynamic, flourishing community. The possibilities are endless in this evolving neighborhood.
Discover the buzz in Gowanus: See what’s new in the neighborhood!
https://youtu.be/6DKrI1_aLQM
Located in the heart of Gowanus, Brooklyn, this prime site offers exceptional potential in one of the city's most vibrant neighborhoods. Benefiting from M1-4 / R6A zoning, the property is ideally suited for a wide range of commercial and light industrial ventures. With an expansive lot size of 80x90 and a favorable FAR of 3.6, it boasts a total buildable area of 27,551 square feet.
Currently featuring three mixed-use properties, this site reflects Gowanus's ongoing transformation into a hub of innovation and growth. The large lot and advantageous zoning provide limitless opportunities for versatile commercial development.
As Gowanus continues its rise as a cultural and economic center, this property offers more than just business potential—it’s a chance to become part of a dynamic, flourishing community. The possibilities are endless in this evolving neighborhood.
Discover the buzz in Gowanus: See what’s new in the neighborhood!
https://youtu.be/6DKrI1_aLQM
Property Facts
| Sale Conditions | Individually For Sale | 0 | |
| Sale Type | Investment | Total Building Size | 11,508 SF |
| Status | Active | Total Land Area | 0.17 AC |
| Number of Properties | 2 |
| Sale Conditions | |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 11,508 SF |
| Total Land Area | 0.17 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 544-546 Union St, Brooklyn, NY 11215 | Retail | 6,956 SF | 1931 | - |
| 548-550 Union St, Brooklyn, NY 11215 | Retail | 4,552 SF | 1910 | - |
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Development Opportunity:544-550 Union St
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