212 UNION ST, Brooklyn, NY 11231

Located in the heart of Carroll Gardens, 192 and 194 Union Street present a rare opportunity to own a piece of history. These adjacent turn-of-the-century multifamily buildings, constructed in 1900, offer significant potential in one of Brooklyn's most desirable neighborhoods. The combined offering includes 192 Union Street, a four-story mixed-use building with 3 residential units and a commercial storefront, and 194 Union Street, a four-story, four-family residential building arranged as 3 apartments and a commercial component. Both buildings feature classic Brooklyn brownstone architecture with original details. The property currently features a combined total of seven residential units, providing residential rental income. The sale includes Mazzola’s Bakery, a Carroll Gardens institution since 1928, offering Italian cookies, lard bread, pastries, and baked goods. The bakery has been a cornerstone of the neighborhood for generations. The property is located on a historic block of Union Street with access to restaurants, boutiques, cafes, food shops, and pizzerias. The F & G subway lines at Carroll Street are within walking distance, providing access to Manhattan and Brooklyn. Capital improvements to 192 Union Street include a boiler replacement and the installation of two water meters in 2022, a new retail space built out in 2022, repointing on all four sides in 2021, a full electric update throughout and a new gas line from the street in 2001. Capital improvements to 194 Union Street include a new sewer line to drain the runoff water gutters in 2023, all residential electric updated and a boiler replacement and the installation of two water meters in 2022, repointing on all four sides in 2021, and parlor in 2017. The property offers value-added potential.