585 Union Street, Brooklyn

Apartment building · 214 units · built 2023 · Block 433, Lot 28.

Building permits

Property taxes

Assessment
$30,673,800
2026–27 tax
$193,646
Market value (city estimate)
$68,164,000
Taxable value
$1,556,764
Assessed land
$860,400
Assessed improvements
$29,813,400

Tax breaks

Zoning

M1-4/R7A: floor area ratio 7.34 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.

Flood zone

Current FEMA flood map: zone X, minimal flood hazard. FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.

Recent sales

Open-market sales since 2016, from the Department of Finance’s sales files.

Board and land use applications

In the news

Union Channel Completes Construction at 240 Third Avenue in Gowanus, Brooklyn, New York YIMBY, Jun 24, 2025.

More construction in Gowanus

Umarelli: construction in New York City and Jersey City