322 Union Avenue, Brooklyn, NY 11211
Three-unit mixed-use building with restaurant income, high ceilings, CAC, and 25’ frontage on a major corridor.
- Added:
- Jun 13, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 16 at 1:48 am
Property Features for 322 Union Avenue
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1899
Listing agent Richard Matt Shane ([email protected])
Listing office All Island Estates Realty Corp
Listing date Jun 13, 2026
Source Ridgevalleyre
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 All Island Estates Realty Corp
HighLights
- 1899‑built 3‑unit mixed‑use building in Williamsburg with gourmet deli and two 4BR apartment units
- 100% occupied; current gross income $252,000/year and NOI of $242,080.24/year
- Gourmet deli space: 2,650 SF with $96,000 annual rent; two 4BR apartments each with $78,000 annual rent
- 25' frontage on busy Union Avenue plus 6 parking spaces
- High 10' ceilings; 200‑amp power, basement, and CAC included
- Strong R7A/C2‑4 zoning and all‑new LED lighting
Overview
Located in Williamsburg, the building sits 4 blocks off I-278 and is minutes from the Williamsburg Bridge. It provides 25’ of frontage on Union Avenue. Surrounding commercial activity includes retailers and service users such as Starbucks, Peter Luger’s Steak House, The Home Depot, Whole Foods Market, CubeSmart Self Storage, T-Mobile, Planet Fitness, Walgreens, Dunkin’, Liberty Tax, Meineke Car Care Center, Trader Joe’s, McDonald’s, and IHOP.
The tenant mix includes the gourmet deli listed at $96,000 annual income, alongside two 4-bedroom apartments at $78,000 annual income each. Reported annual expenses include taxes of $3,669.76 and insurance of $6,000, with utilities and other items totaling $9,919.76. Current gross income is listed at $252,000 annually, with net operating income (NOI) provided at $242,080.24. Zoning is reported as R7A/C2-4, supporting a range of buyer and operator strategies.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.950631
- Latitude
- 40.70997