544-550 Union Street
Value-add or Redevelopment - Gowanus
Overview
Key Highlights
- Price Price: Please Inquire
- Zoning M1-4/R6A/G
- Buildable SF 25,920
Overview
Investment 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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