Description
This 100% free-market investment opportunity is ideally positioned at the intersection of Union Avenue and Jackson Street. The property has recently undergone a comprehensive gut renovation, delivering high-end, condo-quality finishes throughout. Each residence is thoughtfully outfitted with modern amenities, including in-unit washer and dryer, dishwasher, split-system heating and cooling, flat-screen televisions, and fully electric systems with individual water heaters—there is no gas service in the building. Major capital improvements completed approximately 1.5 years ago include a new roof, waterproofing, and brick repointing. The building consists of five units, featuring a spacious five-bedroom duplex on the first floor with exclusive access to a private backyard, along with four well-designed two-bedroom apartments on the upper floors. Conveniently located within walking distance to the G and L subway lines, this turnkey asset offers strong rental appeal and long-term income potential.
Listing Details
- Cap Rate
6.3%
- Space Type
multifamily
- Sub Category
apartments-building
- Sale Type
Investment Sale
- Date Listed
2/23/2026
Property Specifics
- Property Name
520 Union Ave
- Property Class
C
- No of Buildings
1
- No of Stories
3
- No of Units
5
- Year Built
1928
- Building Size
4,500 SF
- Lot Size
0.04 Ac
- Year Renovated
2012
- APN
02741-0001
- Zoning
M1-2/R6A MX-8
- Occupancy
100%


