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283 Union Street
About This Property
Enter up a handsome stoop or underneath to a generous mudroom. The living, dining and kitchen are filled with light from huge windows at the front and back of the house. The kitchen has been completely renovated to include an extra large island with fantastic storage and room for 5 bar stools. There is easy flow from the kitchen to the large back garden with a built-in swing! This is a beautiful and USABLE backyard with gorgeous landscaping. The always green synthetic grass is the way to go for easy maintenance, and always clean and green views from the kitchen. Smart custom benching along the side wall adds another great place to hang and a built-in grilling station is tucked down the steps, out of the way.
On the second floor, you'll find a lovely open den, a great place to hang separate from the main living area. A pocket door opens to a fantastic principal bedroom suite. This is some serious closet space, rarely found in a townhouse. The primary bedroom is the full width with two extra wide windows overlooking the garden.
The third floor is brilliantly laid out with 4 bedrooms and two bathrooms and laundry. Each bedroom has its own personality with fun colors and cozy carpeting.
The roof level offers the perfect escape. A super bright flex space with a wet bar, fridge, and amazing glass doors leading out to two wings of stunning roof terraces. Both terraces have been fully outfitted with a custom pergola, lighting, irrigated landscaping and a pizza oven!
Under the stoop, the garden level entrance offers incredible organization for all the Brooklyn things - scooters, helmets, shoes, packages, everything has a place here with great storage built in. There is a front facing 6th bedroom which can flex as a guest room, gym or home office. The large den space is very bright and comfy with room to spread out and play, and great connectivity to the backyard.
283 Union is one of just a few townhomes with connectivity to the Sackett Union Condominium, where a private underground parking spot is available for an additional $250,000.
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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 |
|---|---|---|---|
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Price Decreased |
$7,450,000
↓ $300K
(3.9%) | |
| Price Decreased | |||
| May 1, 2025 | Listed by Compass | $7,750,000 | |
| Listed by Compass | |||
| May 30, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017