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$7,500,000
Est. payment /mo
12 Beds
6 Baths
6,670 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 6,670 sqft
Price per Sqft $1,124
MLS Listing ID RPLU-33421726491
Bedrooms 12
Full Baths 6
Maint/Common Charge $0
Annual Tax Amount $1,312
Property Sub-Type Condo
Property Description
Introducing 448 Union Avenue, an expansive 6-family corner building with 3 commercial spaces in an unbeatable location in Williamsburg. This is a once in a lifetime opportunity to own a piece of iconic Brooklyn.
448 Union Ave sits on a 26 x 84 ft corner lot, highly visible from both Union and Metropolitan Aves with a combined total of 110 feet of frontage. The building is situated near the entrance to Kellog's Diner, Macri Triangle, Hotel Indigo, Sunac Natural Foods, as well as dozens of eateries and cafes. The Metropolitan Ave-Lorimer St station entrance with both G & L trains is located close to the building, which pre-pandemic boasted ridership of over 5,000,000 annually.
The building is in good condition, with large floor through layouts for each apartment. 1 unit is free market (vacant), with 4 rent stabilized, and 1 rent controlled. The building has an FAR of 4, with 2,536 sqft of unused buildable. Possible uses can be as a 4-level single family, boutique hotel or condo conversion.
The roof is well maintained, and capital improvements include tier 3 electricity, individual electric/gas meters, and gas boiler.
The full offering memorandum is available upon request.
448 Union Ave sits on a 26 x 84 ft corner lot, highly visible from both Union and Metropolitan Aves with a combined total of 110 feet of frontage. The building is situated near the entrance to Kellog's Diner, Macri Triangle, Hotel Indigo, Sunac Natural Foods, as well as dozens of eateries and cafes. The Metropolitan Ave-Lorimer St station entrance with both G & L trains is located close to the building, which pre-pandemic boasted ridership of over 5,000,000 annually.
The building is in good condition, with large floor through layouts for each apartment. 1 unit is free market (vacant), with 4 rent stabilized, and 1 rent controlled. The building has an FAR of 4, with 2,536 sqft of unused buildable. Possible uses can be as a 4-level single family, boutique hotel or condo conversion.
The roof is well maintained, and capital improvements include tier 3 electricity, individual electric/gas meters, and gas boiler.
The full offering memorandum is available upon request.
Location
State NY
County Brooklyn
Rooms
Other Rooms LegalRoomsTotal: 24.00
Exterior
Garage No
Building
Story 4
Level or Stories 1
Structure Type Walk-up
New Construction No
Others
Ownership Condo
Pets Allowed No pets
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Listed by Corcoran Group
Nearby School & Business
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Kelli Griggs
Broker Associate License ID: 01902861
Broker Associate License ID: 01902861