Off Market

Overview

$1,386,000

20% Min Down

538 Union Ave #4C

538 Union Avenue, Brooklyn, NY 11211

Building: 538 Union

Condo in Williamsburg

2 Bed | 2 Bath | 1,080 ft² | $1,283/ft² | 2.60% Cap Rate

Listed Dec 23rd, 2015
538 Union Avenue is a new condominium development located in the heart of North Williamsburg, Brooklyn. Boasting timeless architecture, a stately brick fa?ade and sleek, industrial-inspired interiors, 538 Union pays homage to Williamsburg?s past while offering the luxury and comforts of today. Inside, you will find superbly crafted and thoughtfully planned living spaces within unique and spacious layouts. Residences feature oversized windows allowing for great natural light, soaring ceilings and an emphasis on authentic industrial detail. Show stopping, satin-finished, white oak floors throughout create the perfect backdrop for a galley kitchen as elegant as it is functional. Frosty white and steel wool grey shaker-style cabinets are beautifully accented by white macauba quartzite and pebble classico caesarstone countertops. Extra-long islands provide abundant space for all your cooking and serving needs while stainless steel appliances from Bosch, Viking and Fischer-Paykel are sure to inspire. Bathrooms offer contemporary luxury, comfort and style. Features include Carrera marble floors, soothing, stone grey, porcelain wall tiles, espresso textured cabinets, glass enclosed showers and Hydro Systems deep-soaking bathtubs for ultimate in relaxation. Amenities at 538 Union include the best of boutique living: a brick and wood grained lobby with seating area, a passenger elevator and a common roof deck with barbecue featuring spectacular Manhattan skyline views for the perfect backdrop while you unwind or entertain. Williamsburg is now home to numerous trendsetting Michelin starred restaurants and as well as stellar cocktail lounges, specialty shops and destination worthy nightlife. This bustling vivaciousness is offset by the tranquility of nearby McCarren Park, with its sprawling 35-acres of ball fields, a playground and dog run. All of this in your backyard, and just minutes from Manhattan! Transportation options are convenient and plentiful while located between the Bedford Avenue L and Metropolitan Avenue G train stops, as well as a Citi Bike share just a few short blocks away. This is not an offering. The complete offering terms are available in an offering plan from the sponsor, Withers Owner LLC, CD #13-0270.

Features & Amenities

Unit Amenities

  • New Construction
  • View: Null
  • Exposure: North West

Building Amenities

  • New Construction
  • Garage
  • Elevator
  • Balcony
  • Fitness Center
  • Pool in Building
  • Roofdeck
  • Dogs Allowed
  • Cats Allowed
  • Laundry in Unit
  • Central Air Conditioning
  • Deck
  • Pool
  • Dryer

Building Policies

  • Cats Allowed
  • Dogs Allowed
Learn more about 538 Union Avenue, Brooklyn, NY 11211

Listed By

History

Date Event Price

Property Analysis

Price Estimate

$1,399,860

HopScore Market Price

$1,386,000

Current Asking Price

+$13,860

Difference from Asking

Cap Rate Analysis

Operating Profit

$35,988
/

Purchase Price

$1,386,000
=

Cap Rate

2.60%
**

* Actual income may vary between $3,196 and $4,794 depending on unit-specific characteristics.

** 100% occupancy is assumed. Leverage (mortgage) is not considered.

Comparables

Units for sale near 538 Union Ave

Unit Br Ba ft² Closed Price
Common Charges

Units for rent near 538 Union Ave

Unit Br Ba ft² Closed Price
Common Charges

Building Info

Building at 538 Union Avenue, Brooklyn, NY 11211

538 Union Avenue

538 Union Avenue, Brooklyn, NY 11211

Built in 2013 | 13 Units | 6 Stories

Want to find out who owns 538 Union Avenue, Brooklyn, NY 11211? Get detailed property transactions here.

Neighborhood

Stats & Trends

$875,000

Median Asking

1.71%

Below Asking

$1,231

Sale Price/ft²

214

Days on Market

Transportation

G

L

at Lorimer St 970 ft | 4 min walk

L

at Bedford Av 0.27 mi | 6 min walk

G

at Nassau Av 0.56 mi | 14 min walk

M

J

Z

at Marcy Av 0.64 mi | 15 min walk

M

J

at Hewes St 0.67 mi | 16 min walk

Schools

School Type Grades Distance
Ps 17 Henry D Woodworth Elementary PK to 5 0.28 mi
Conselyea Preparatory School Middle School 6 to 8 0.28 mi
Lyons Community School High School 6 to 12 0.62 mi
Voyages Preparatory Secondary School 9 4.64 mi
Brooklyn Brownstone School Elementary PK to 5 2.55 mi
University Neighborhood High School High School 9 to 12 1.71 mi
Bard High School Early College High School 9 to 12 1.27 mi
New Explorations into Sciencetech and Math High School Other KG to 12 1.45 mi
Elm Tree Elementary School Elementary PK to 5 4.93 mi
Anderson School (the) Elementary KG to 8 4.67 mi
Ps 165 Ida Posner Elementary PK to 5 4.62 mi
Ps 41 Francis White Elementary KG to 8 4.53 mi
Ps 150 Christopher Elementary PK to 5 4.13 mi
Ps 156 Waverly Elementary PK to 5 3.92 mi
Ps/is 155 Nicholas Herkimer Elementary PK to 8 3.52 mi
Ps/is 137 Rachael Jean Mitchell Elementary PK to 8 3 mi
High School for Health Professions & Human Services High School 9 to 12 1.95 mi
Marta Valle High School High School 9 to 12 1.8 mi
High School for Dual Language and Asian Studies High School 9 to 12 1.97 mi
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Mortgage Payment Calculator

$6,739

Per Month
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Recent Transactions at 538 Union Ave

Transaction history for 538 Union Avenue

Unit Br Ba ft² Listed Listing Agent Asking
HOA + Tax
Closed Closing Buyer(s)
Unit 5B - - - - - - Aug 13, 2021 - Chew As Trustee Douglas
Chew As Trustee Margaret
The Douglas Margaret Chew Living Trust
Unit 5B 2 2 1,180 Mar 2, 2021 Gabriele Sewtz
Compass
$1,695,000
$1,663/mo
May 18, 2021
76 Days
$1,700,000
+0.29%
Douglas Chew
Margaret Chew
Unit 1A - - - - - - Dec 30, 2020 $675,000 Sean Mccutcheon
Kelly Olshan
Unit 3A 1 1 712 Jan 6, 2020 David Chi
MNS
$935,000
$752/mo
Nov 24, 2020
322 Days
$875,000
-6.42%
Samuel Hartman
Unit 2A 1 1 712 Aug 13, 2020 Lucy Struever
Compass
$849,000
$752/mo
Nov 18, 2020
96 Days
$849,000 Hannah Lee
Unit 3C - - - - - - Jun 5, 2019 $10 Scott Barnholt
Stephanie Barnholt
Unit - - - - - - - May 8, 2019 $829,000 Anne Stout
Adam A Wilson
Unit 2C 2 2 1,080 Feb 3, 2016 David Chi
Citi Habitats, Inc.
$1,299,000
$996/mo
Aug 29, 2016
207 Days
$1,230,050
-5.31%
Jacopo Foti
Zuzana Riedlova
Unit 5A 2 2 1,179 Aug 25, 2015 Oleg "Alex" Gandelman
Aptsandlofts.com
$1,677,500
$1,087/mo
Jun 24, 2016
303 Days
$1,526,360
-9.01%
Byongseo Kwon
Unit 1A 1 1 - Sep 21, 2015 Oleg "Alex" Gandelman
Aptsandlofts.com
$735,000
$494/mo
May 6, 2016
227 Days
$661,862
-9.95%
Cecilia Kuan
Ken Shek
Unit 3B 1 1 699 Sep 21, 2015 David Chi
Aptsandlofts.com
$845,000
$644/mo
Apr 25, 2016
216 Days
$845,000 Oliver Ramsden
Unit 4B 1 1 699 Dec 23, 2015 David Chi
Aptsandlofts.com
$869,000
$627/mo
Apr 7, 2016
105 Days
$865,512
-0.40%
Nora Tung
William Tung
Unit 4C 2 2 1,080 Jun 26, 2015 David Chi
Citi Habitats, Inc.
$1,386,000
$996/mo
Mar 21, 2016
268 Days
$1,428,600
+3.07%
Mormac Brooklyn Associate Llc
Unit 3A 1 1 712 Jun 24, 2015 Oleg "Alex" Gandelman
Aptsandlofts.com
$859,000
$656/mo
Mar 18, 2016
267 Days
$819,691
-4.58%
Qun Wei
Unit 2A 1 1 712 Jul 7, 2015 Oleg "Alex" Gandelman
Aptsandlofts.com
$875,000
$656/mo
Mar 16, 2016
252 Days
$800,000
-8.57%
Profunda Home Llc
Unit 3C 2 2 1,080 Nov 13, 2015 Jason C Warner
Aptsandlofts.com
$1,325,000
$996/mo
Mar 16, 2016
123 Days
$1,339,000
+1.06%
Scott Barnholt
Unit 5C 2 2 1,039 Aug 13, 2015 David Chi
Aptsandlofts.com
$1,399,000
$958/mo
Mar 15, 2016
214 Days
$1,476,460
+5.54%
April Blackadder
Christopher J Blackadder
Unit 2B 1 1 702 Aug 17, 2015 Oleg "Alex" Gandelman
Aptsandlofts.com
$865,000
$646/mo
Mar 14, 2016
209 Days
$850,239
-1.71%
Daniela Hernandez Pedraza
Unit 4A - - - - - - Mar 11, 2016 $865,512 Elizabeth A Wolf
Unit 5B 2 2 1,180 Nov 13, 2015 David Chi
Aptsandlofts.com
$1,730,000
$1,087/mo
Feb 26, 2016
104 Days
$1,654,660
-4.35%
Prathumna Reddy

Apartments for Sale at 538 Union Avenue

UnitBrBaft²ListedListing AgentAskingPrice/ft² HOA + Tax Floorplans

Apartments for Rent at 538 Union Avenue

UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

Nearby Buildings

Learn more about 538 Union Ave #4C

Building at 538 Union Avenue, Brooklyn, NY 11211

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