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$4,175,625
List Price: $4,250,000
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879 Union Street
Townhouse in Park Slope •  building info
7bd • 6ba
Buy with Yoreevo

$4,175,625

List Price

$4,250,000

Key Details
Days on market
23
Last price change
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Estimated payment
$25,045/mo
Taxes
$2,112/mo
Maintenance
N/A
Description
Nestled on one of Park Slope's most picturesque, treelined blocks, 879 Union Street presents a rare opportunity to own a grand 21 foot wide brownstone that seamlessly blends historic charm with exceptional flexibility and income potential. Built in 1885 and spanning approximately 4,030 square feet, this stately residence is configured as a 5 unit property, offering both an expansive owner's home and strong rental performance in one of Brooklyn's most desirable neighborhoods. For the end user, the garden duplex delivers a true brownstone lifestyle - thoughtfully scaled with 3 bedrooms, 2 baths, and a private deck that opens to a generous landscaped garden. Rich prewar details - including original woodwork, tall windows, hardwood floors, and soaring ceilings - create a warm, inviting atmosphere that is both timeless and livable. The home is further enhanced by private access to the cellar, adding valuable bonus space for storage, recreation, or customization to suit your needs. For the developer or investor, the property offers substantial upside. Configured with 4 free market rental units above the owner's duplex, the building provides immediate income with long term growth potential. Its rare 21' x 48' footprint allows for a range of strategic possibilities - whether optimizing the current rental mix, upgrading finishes, or reimagining the layout to maximize value. In addition, the property benefits from ample unused air rights, presenting a compelling opportunity for expansion and further value creation. The combination of scale, width, and development potential is increasingly difficult to find, making this a uniquely adaptable asset in a supply constrained Park Slope market. Positioned between 7th and 8th Avenues, just moments from Prospect Park, Grand Army Plaza, and some of Brooklyn's best dining, shopping, and transportation, 879 Union Street offers the perfect balance of tranquility and connectivity. Whether envisioned as a luxurious primary residence with rental income, a multigenerational home, or a high-performing investment property, this is a rare chance to acquire a premier Park Slope brownstone with both immediate appeal and lasting upside. You should live here!

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Important Stuff
Washer/Dryer in unit
Home features
Dishwasher
Hardwood floors
Private outdoor space

Private Garden

Building amenities
Services and facilities
Fios Available
Building info

History
What it'll cost
Purchase price
$4,250,000
Asking Price: $4,250,000
Term
30 Years
Down Payment
$425,000 (10%)
Min: 10% (425,000)
Rate
6.0 %
Mortgage Amount
$3,825,000
Mortgage Payment
$22,933
Taxes
$2,112
Estimated Yoreevo rebate
$74,375
Estimated closing cost
$162,000
Total monthly cost $25,045
Buy your dream home with us and get an estimated
$74,375 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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