Current Use by Public Records
- Specialty properties
Property Details for 544-550 Union St
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional 7,200 square foot lot at 544-550 Union Street in Brooklyn, New York, presents a remarkable development opportunity. Situated in the rapidly evolving Gowanus neighborhood, this property offers significant potential for a variety of commercial and light industrial projects. The site benefits from an ML-4/R6A zoning designation and an impressive Floor Area Ratio (FAR) of 3.6, allowing for a substantial buildable area of 27,551 square feet. Currently occupied by three mixed-use buildings, this location reflects Gowanus's ongoing transformation into a dynamic hub of innovation and economic growth. The generous lot size, combined with the favorable zoning, provides unparalleled flexibility for developers seeking to create a significant commercial presence in this thriving Brooklyn community. This is more than just a property; it's a chance to contribute to the continued evolution of a vibrant and rapidly developing neighborhood. The property's address is 544-550 Union Street, Brooklyn, NY 11215. This is a unique chance to capitalize on the growth and potential of Gowanus.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9861
- Latitude
- 40.6785
