Renovated Three-Family
819 Union Street Brooklyn, NY 11215
819 Union Street, Brooklyn, NY, 11215
$3,500,000
For Sale
$3,500,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,580 SF
Lot Size0.04 Acres
Price / SF$977.65
Days on Market280
Property Features for 819 Union Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6A
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2
- Interior features
- Refrigerator, Stove
- Basement
- Full
- Standard status
- Active
- Size
- 3,580 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9748
Building Details
- Year built
- 1901
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Hardwood
- Roof type
- Flat, Rubber
Listing agency
Brooklyn Real Property Inc.
(718) 875-8899
Listed by
John H. Johnson Jr
(718) 875-8899
Added: Oct 16, 2025 Updated: Jul 11 at 6:33PM Checked: Jul 22 at 5:06AM
MLS# 496667
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.
This renovated four-story three-family brownstone offers three separate apartments within a classic Brooklyn building. The owner’s unit combines the first and second floors into one expansive space, and the owner is moving out. The third-floor apartment is currently vacant and includes two bedrooms, a full bathroom with a shower, a living room, and a kitchen. The fourth-floor apartment is tenant-occupied on a year-to-year lease. The entire property has been thoughtfully renovated inside and out, maintaining the brownstone character while providing updated finishes throughout. The home is offered for sale as-is, with no warranties or representations.
The property is located at 819 Union Street in Brooklyn, NY 11215, and is identified under zoning R6A. Public remarks note proximity to local shopping and dining, with convenient access to multiple subway options, including the R train at Union St, the B and Q trains at 7th Avenue, the 2 and 3 trains at Grand Army Plaza, and Atlantic Ave–Barclays Center for additional B and Q service. Viewings require appointment, and the fourth floor is currently occupied.
For buyers and investors seeking a renovated multi-family in a brownstone format, the mix of layouts provides flexibility, with one apartment vacant and ready for occupancy planning while another remains in place under a year-to-year lease. The combined first- and second-floor arrangement may also appeal to an owner-occupant looking for additional space across floors. Current conditions and the as-is sale should be factored into underwriting and any future updates.
The property is located at 819 Union Street in Brooklyn, NY 11215, and is identified under zoning R6A. Public remarks note proximity to local shopping and dining, with convenient access to multiple subway options, including the R train at Union St, the B and Q trains at 7th Avenue, the 2 and 3 trains at Grand Army Plaza, and Atlantic Ave–Barclays Center for additional B and Q service. Viewings require appointment, and the fourth floor is currently occupied.
For buyers and investors seeking a renovated multi-family in a brownstone format, the mix of layouts provides flexibility, with one apartment vacant and ready for occupancy planning while another remains in place under a year-to-year lease. The combined first- and second-floor arrangement may also appeal to an owner-occupant looking for additional space across floors. Current conditions and the as-is sale should be factored into underwriting and any future updates.
Key Highlights
- Three‑family Brooklyn brownstone built in 1901 with four stories
- Owner’s unit spans the first and second floors; third‑floor unit is vacant
- Fourth‑floor apartment is tenant‑occupied on a year‑to‑year lease
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 | $182.6k | $51.00 |
| − Vacancy | −$3.5k | −$0.97 |
| EGI | $179.1k | $50.03 |
| − OpEx | −$53.7k | −$15.01 |
| NOI | $125.4k | $35.02 |
3,580 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.79M
$1.57M – $2.09M
NOI $125,378 @ 7.0% cap · market cap 3.58%
Second Best
Apartment 5plus
$1.56M
$1.37M – $1.82M
NOI $109,294 @ 7.0% cap · market cap 3.12%
Theoretical Best
Specialty Retail
$2.96M
$2.59M – $3.46M
NOI $207,497 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Renovated four-story property with three apartments, including one vacant unit and one year-to-year tenant-occupied unit.
Where is this triplex located?
The property is located at 819 Union Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Three‑family Brooklyn brownstone built in 1901 with four stories; Owner’s unit spans the first and second floors; third‑floor unit is vacant; Fourth‑floor apartment is tenant‑occupied on a year‑to‑year lease