7
Map
$1,199,000
●
House -
In Contract
1072 UNION Street
Brooklyn, NY 11225
3 Beds
2 Baths
1,760 Ft²
$6,098
Est. Monthly
5.72%
Cap Rate
About This Property
Highest and Best Offers Due Thursday 6/12 at 5 PM!
Welcome to 1072 Union Street - a rare opportunity to own a single-family home in the heart of Crown Heights, Brooklyn.
Situated on a charming, tree-lined block, this property is perfect for buyers seeking a project to make their own or for investors with a vision. With 3 bedrooms, 2 bathrooms, a full basement, and a generously sized backyard, there's plenty of space to reimagine and customize.
Conveniently located near the 2, 3, 4, 5, and S trains at Franklin Avenue, you're just moments away from Prospect Park, Brooklyn Museum, and a growing selection of local cafes, restaurants, and shops.
Bring your contractor and your creativity - this is your chance to create your dream home in one of Brooklyn's most dynamic neighborhoods.
Welcome to 1072 Union Street - a rare opportunity to own a single-family home in the heart of Crown Heights, Brooklyn.
Situated on a charming, tree-lined block, this property is perfect for buyers seeking a project to make their own or for investors with a vision. With 3 bedrooms, 2 bathrooms, a full basement, and a generously sized backyard, there's plenty of space to reimagine and customize.
Conveniently located near the 2, 3, 4, 5, and S trains at Franklin Avenue, you're just moments away from Prospect Park, Brooklyn Museum, and a growing selection of local cafes, restaurants, and shops.
Bring your contractor and your creativity - this is your chance to create your dream home in one of Brooklyn's most dynamic neighborhoods.
Unit Size
1,760 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$681
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1920
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (RLS #RLS20029519)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Listed by Serhant | $1,199,000 | |
| Listed by Serhant | |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Full Bathrooms: 2
Interior Features: SmokeFree
Appliances: WasherDryerAllowed
Laundry Features: Washer Hookup, In Unit
Rooms: 6
Has Fireplace
Fireplace Features: Other
Fireplaces: 1
Basement: Other
Exterior Details
Has Property Attached
Square Footage: 1760
Year Built: 1920
Building Area Total: 1760
Building Area Units: Square Feet
Patio and Porch Features: None
Pool Features: BuildingNone
Lot Size Area: 2183.77
Lot Size Units: Square Feet
Lot Size Acres: 0.05
Lot Size Square Feet: 2183.77
Lot Size Dimensions: 131.00x16.67
Tax Lot: 0036
Financial Details
Tax Annual Amount: $2,520
Utilities Details
Cooling Type: Window Unit(s)
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
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HOA + Taxes
About Central Brooklyn
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Listed by: Talia McKinney
Listing Courtesy of Serhant
Last Updated: 3 months ago
Last Checked: 3 minutes ago
Data Source: REBNY (©2026 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Serhant
Last Updated: 3 months ago
Last Checked: 3 minutes ago
Data Source: REBNY (©2026 Real Estate Board of New York)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017