676 Union St Brooklyn, NY 11215
Other - Brooklyn, NY
Property Features for 676 Union St
General Information
- Property type
- Other
- Property subtype
- Multi Family
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Exterior features
- Private Yard
- Standard status
- Active
- Size
- 6,500 SF
Building Details
- Year built
- 1920
- Flooring type
- Wood
- Roof type
- Other
- Architectural style
- Other
Listing agent Donald Brennan
Listing office Engel & Völkers Brooklyn Cobble Hill 221A Court Street, Brooklyn, NY (718) 643-6312
Listing date Jun 12, 2026
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Upper levels include soaring 10-foot ceilings on the fifth floor, supported by two skylights for natural light. A private rooftop provides city views, and a south-facing Mediterranean-inspired garden with Italian stone-tiled floors adds a secluded outdoor space.
The current setup supports separate duplex-style living while also offering a flexible architectural canvas for potential reconfiguration into two condominiums or a single family estate, subject to verification of feasibility.
Key Highlights
- Rare 25‑foot‑wide loft building with over 6,500 sq ft in prime Park Slope location.
- Versatile architectural canvas suitable for a grand single‑family estate, two condos, or two duplex residences.
- Private rooftop with sweeping city views and a secluded, south‑facing Mediterranean‑inspired garden.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $331.5k | $51.00 |
| − Vacancy | −$6.3k | −$0.97 |
| EGI | $325.2k | $50.03 |
| − OpEx | −$97.6k | −$15.01 |
| NOI | $227.6k | $35.02 |