642 Lorimer Street

Greenpoint   |   Skillman Avenue & Jackson Street

Price Drop
Building for sale
$ 2,900,000 [ 7.94% | $ 250,000 ]
Ownership Mixed Use
Floors/Apts 3/6
Status Active
Real Estate Taxes [Per Annum] $ 12,615
Building Type Low-Rise
Year Built 1928
Listing ID: 79321TH

Jason Bauer

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Property Description

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.
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.

Listing Courtesy of The Corcoran Group

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Apartment Features

A/C
642 Lorimer Street Greenpoint Brooklyn NY 11211

Building Details [642 Lorimer Street]

Ownership Mixed Use
Service Level Voice Intercom
Access Walk-up
Block/Lot 3747/8
Building Type Low-Rise
Year Built 1928
Floors/Apts 3/6

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2020 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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