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676 Union Street TH, Brooklyn, NY, 11215
Renovated Loft Triplex Building

676 Union Street TH Brooklyn, NY 11215

For Sale
$6,850,000

Other - Brooklyn, NY

Property Size6,500 SF
Price / SF$1,053
Days on Market20

Property Features for 676 Union Street TH

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
EntryLevel
TH
Exterior features
Garden, Private Yard
Standard status
Active
APN
00955-0037
Size
6,500 SF

Building Details

Year built
1920
Architectural style
Other
Listing Agency: Engel & Völkers New York City
Listed By: Donald P. Brennan, Jr.
Added: Jul 7 Changed: Jul 15 Last Checked: Jul 26 at 3:06PM
MLS# RLS20069098

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.

Renovated loft building configured as two expansive duplex residences and a dedicated gallery/studio space. The residences total six bedrooms and five-and-a-half bathrooms and feature soaring ceilings, oversized windows, wood-burning fireplaces, and abundant natural light. Custom wood staircases connect each level, supporting an open, connected flow throughout the interior.

The ground-floor gallery/studio includes a private entrance, kitchenette, and powder room, offering independent use while remaining part of the overall property. Outdoor space includes a private rooftop terrace and a south-facing courtyard at the garden level with a Mediterranean-inspired design.

Located at 676 Union Street in Brooklyn, the property is described as a 25-foot-wide building with approximately 6,500 square feet of renovated space. The building has been restored from the brick out with modern infrastructure and high-quality finishes.

Key Highlights

  • Renovated 25‑foot‑wide loft building at 676 Union Street in Park Slope, built in 1920
  • Approximately 6,500 SF configured as two duplex residences plus a dedicated gallery/studio
  • Layout includes 6 bedrooms and 5.5 bathrooms, offering flexible use for end users or investors

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
6,500 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$3.25M
$2.85M – $3.79M (±1% cap)
NOI $227,641 @ 7.0% cap · market cap 3.32%
Second Best
Apartment 5plus
$2.83M
$2.48M – $3.31M (±1% cap)
NOI $198,438 @ 7.0% cap · market cap 2.90%
Theoretical Best
Specialty Retail
$5.38M
$4.71M – $6.28M (±1% cap)
NOI $376,740 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Stairs New York Construction Company

Suggested Use

Law Firm Accounting Firm Nursing Home Nursing Home Catering Service Auto Parts Store Adult Day Care Tanning Salon Pet Grooming Service Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Renovated loft building with two duplex residences and a ground-floor gallery/studio plus rooftop and courtyard outdoor space.
Where is this triplex located?
The property is located at 676 Union Street TH Brooklyn, NY.
What is the asking price?
The asking price for this property is $6,850,000.
What are key features of this property?
This property features: Renovated 25‑foot‑wide loft building at 676 Union Street in Park Slope, built in 1920; Approximately 6,500 SF configured as two duplex residences plus a dedicated gallery/studio; Layout includes 6 bedrooms and 5.5 bathrooms, offering flexible use for end users or investors
More about this property
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