The rare offering on 642 Lorimer Street, located in the bustling neighborhood of East Williamsburg, Brooklyn. This multifamily building has a total of 5 units with 4 residential units over store which makes it an ideal property for both investors and end-users alike. Sitting on a ~25' x 99.75' lot (~2,494 SF), total building size is approximately ~4,274 SF above grade with a 6'6" HT full basement. The ground floor has 12' ceilings and currently is a retail grocery with ½ bath, kitchen and storage. Floors 2-3 have 2 railroad 1.5 bed residential apartments and ceilings range from 9-10' HT. The triple exposure allows for abundant natural sunlight in every unit. There is potential of expansion with a remaining FAR of approximately 712 SF. Current Zoning is R6B, C2-4 and the tax class is 2B. Please note the commercial tenant is month to month, 3 residential units will be delivered vacant & 1 residential unit is rent controlled. Situated in the Northernmost region in Brooklyn, East Williamsburg is perfectly situated between Greenpoint and Bushwick. East Williamsburg is the premier destination in Brooklyn, offering a diverse selection of restaurants, coffee shops and trendy retail stores - all within the vicinity. The building is also a short distance away from public transportation: G subway line on Metropolitan Ave and L subway line on Lorimer Street.
Off market
$2,192,400
642 Lorimer St APT 2, Brooklyn, NY 11211
6beds
4,274sqft
MultiFamily
Built in 1928
-- sqft lot
$2,192,400 Zestimate®
$513/sqft
$7,202 Estimated rent