46 UNION Street
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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%.
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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 2, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 20, 2025 | Listed by Compass Greater NY LLC | $1,075,000 | |
| Listed by Compass Greater NY LLC | |||
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Welcome to 46 Union—a home that feels like poetry in motion, where modern elegance meets the soul of Beacon living. Built in 2021, every inch of this 3-bedroom, 2.5-bath retreat has been thoughtfully crafted, blending exquisite design with effortless functionality. From state-of-the-art appliances to luxurious finishes, no detail has been overlooked. This isn’t just a place to live—it’s an invitation to embrace beauty in every detail.
Sunlight spills through expansive windows, casting golden reflections across rich hardwood floors and framing breathtaking views of Mount Beacon. Designed for both inspiration and ease, the open-concept layout provides a flexible space where creativity flourishes. The kitchen is a showstopper—custom copper accents catch the light, sculptural pendant fixtures float above a statement island, and every element is designed to elevate the art of cooking and gathering.
For those who crave the harmony of indoors and out, the sunroom is pure magic. Bathed in natural light, it’s a tranquil retreat for plant lovers, bookworms, and dreamers alike—an ever-changing canvas reflecting the beauty of the seasons. Upstairs, sun-drenched bedrooms offer a cozy yet sophisticated charm, while modern cast iron soaking tubs in the spa-like baths transform daily rituals into moments of indulgence.
Beyond the walls, a lush fenced-in backyard and private deck create a secluded paradise—perfect for morning coffee, sunset dinners, and nights under a sky full of stars. Plus, the house was built with every amenity in mind – a full-size walk-out basement, generous outdoor storage, two-zone central air and heating, plus a whole-home generator fueled by a natural gas connection.
Just a 5 minute walk to Main Street in Beacon while offering unparalleled privacy, 46 Union is more than just a home. It’s a masterpiece of contemporary living, a love letter to thoughtful design, and a sanctuary for those who seek both luxury and the artistry of a well-lived life.
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| Sep 25, 2020 | Sold | ||
| Sold | |||
| Jan 22, 2020 | Listed by BHHS HUDSON VALLEY PROPERTIES FK | $519,000 | |
| Listed by BHHS HUDSON VALLEY PROPERTIES FK | |||
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This to be custom built home offers 3 bedroom, 2 1/2 baths & breathtaking views. Build exactly what you are looking for on this City lot just blocks from Mt Beacon. This custom built home offers buyers the right to make it exactly what they are looking for & there is still time to choose your exterior colors. Walk to amazing hiking trails, Beacon's quaint Main St or bike downtown for shopping. Come make this your perfect weekend or permanant home.,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,InteriorFeatures:Gas Dryer Connection,Walk-In Closets,Washer Connection,Gas Stove Connection,Electric Dryer Connection,Level 3 Desc:CUSTOM BUILT FOR BUYER,FLOORING:Ceramic Tile,Wood,FOUNDATION:Concrete,ROOF:Asphalt Shingles,OTHERROOMS:Pantry,Laundry/Util. Room,Level 2 Desc:3 BEDROOMS, 2 FULL BATHS.WIC,Warranty:Yes,ExteriorFeatures:Outside Lighting,Level 1 Desc:LARGE OPEN LIVRM/DINRM,1/ BTH,OPEN KITCHEN,LAUND RM,PANTRY,Basement:Interior Access,AboveGrade:2100
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017