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611 Degraw St
Brooklyn, NY 11217 Gowanus

Price Upon Request

Hotel For Sale  •  21,000 SF

Property Details

  • Property Type Hotel
  • Total Building Size 21,000 SF
  • Lot Size 0.12 AC
  • Building Class B
  • Year Built 2011
  • Zoning M1-4
100 Transit Score
93 Walk Score

Highlights

Fee-simple interest in the REO, non-union, independent 42-room The Brooklyn Union Hotel.
Property is ideally located in the Gowanus neighborhood of Brooklyn and is offered at a substantial discount to replacement cost.
Recent neighborhood rezoning approval in 2022 has been instrumental in fostering new projects and forward-looking growth prospects.
Unencumbered of brand, management, and debt, providing prospective buyers with an opportunity for alternative branding or use pending zoning approval.
Favorable tax abatements via the Gowanus industrial & commercial incentive program will benefit a new buyer and continue through 2037.

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
4 min 13 min 0.7 mi
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 8 min - 2.5 mi
Transit/SubwayDriveWalkDistance
Union Street (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
Pacific Street (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 2 min 9 min 0.5 mi
Atlantic Avenue (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), B - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 3 min 11 min 0.6 mi
Bergen Street (2,3 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway)) 3 min 12 min 0.6 mi
AirportDriveWalkDistance
LaGuardia 23 min - 11.0 mi
John F Kennedy International 28 min - 14.2 mi
Newark Liberty International 29 min - 15.7 mi