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1233 UNION Street
About This Property
Welcome to 1233 Union Street, a classic Brooklyn limestone nestled on a picturesque, tree-lined block in the heart of Crown Heights. Rich with original character and architectural charm, this residence offers the rare chance to restore, reimagine, and personalize a home with incredible potential.
Spanning three levels and approximately 20 feet wide, this classic Brooklyn townhouse offers three bedrooms, one full bath, and a finished basement with a separate entrance. Rich with potential, it provides the perfect canvas for a thoughtful renovation, whether that means restoring its historic charm, reimagining the interiors, or striking the ideal balance between old and new. For those who appreciate Brooklyn's enduring architecture and the opportunity to leave their own mark, this is a chance to write the next chapter of a true neighborhood classic.
Ideally positioned moments from Eastern Parkway and Prospect Park, you'll enjoy easy access to some of Brooklyn's most beloved destinations, including the Brooklyn Museum, Brooklyn Botanic Garden, and Brooklyn's Museum. A vibrant collection of local restaurants, cafes, and neighborhood favorites are just around the corner, offering the very best of Crown Heights living.
Commuting is equally convenient, with nearby access to the 2, 3, 4, and 5 subway lines, connecting you seamlessly to Manhattan and the rest of Brooklyn.
Whether you're seeking a place to call home, a long-term investment, or a canvas for your next chapter, 1233 Union Street presents a unique opportunity to shape a Brooklyn classic into something distinctly your own.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Sold | ||
| Sold | |||
| Jun 14, 2026 | Listed by Serhant | $1,495,000 | |
| Listed by Serhant | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017