Five-Story Mixed-Use
For Sale
Contact for pricing
Pending
1045 Union Street, Brooklyn, NY 11225
Five-story property combines residential apartments with ground-floor retail space.
Property Size35,000 SF
Days on Market146
Property Features for 1045 Union Street
General Information
Standard status
Pending
Size
35,000 SF
Property subtype
Mixed Use
Net Operating Income
$846,000
Additional Details
Gross Income
$1,166,416
Public Transit
Yes
Multifamily Units
32
Building Details
Buildings
1
Stories
5
Tenancy
Multi
Listing Agency:
TerraCRG
Listed By:
Matt Cosentino · License #NY 10301205679
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 31 at 10:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TerraCRG
Investment Insights
Based on property information with market context.
This five-story mixed-use building at 1045 Union Street contains approximately 35K SF, with 32 residential units and three ground-floor retail units. The residential component includes 22 gut-renovated apartments ranging from one to four bedrooms, creating a varied unit mix within the building.
The property is positioned between Classon Avenue and Franklin Avenue, just off Eastern Parkway in Crown Heights. Franklin Avenue station, serving the 2, 3, 4, 5, and S trains, is one block away. Prospect Park and the Brooklyn Museum are also one block from the property, while the Brooklyn Botanical Gardens is two blocks away. The surrounding Franklin Avenue retail corridor includes bars, restaurants, and other neighborhood amenities.
The property is positioned between Classon Avenue and Franklin Avenue, just off Eastern Parkway in Crown Heights. Franklin Avenue station, serving the 2, 3, 4, 5, and S trains, is one block away. Prospect Park and the Brooklyn Museum are also one block from the property, while the Brooklyn Botanical Gardens is two blocks away. The surrounding Franklin Avenue retail corridor includes bars, restaurants, and other neighborhood amenities.
Key Highlights
- Approximately 35K SF five‑story mixed‑use building at 1045 Union Street
- 32 residential units plus three ground‑floor retail units
- 22 gut‑renovated apartments with one- to four‑bedroom layouts
Property Analytics
Current Use
Lease Details
32
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,443
Businesses Nearby
Explore this area
Business Placement
Demographics for 11225, NY
58,786
Population
26,703
Households
2.2
Avg Household Size
36
Median Age
48%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
65,318
Density / Sq Mi
$85,201
Median Household Income
$54,639
Median Earnings
$1,733
Median Rent
$1,218,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Five-story property combines residential apartments with ground-floor retail space.
Where is this mixed-use property located?
The property is located at 1045 Union Street Brooklyn, NY.
What are key features of this property?
This property features: Approximately 35K SF five‑story mixed‑use building at 1045 Union Street; 32 residential units plus three ground‑floor retail units; 22 gut‑renovated apartments with one- to four‑bedroom layouts
