347 Lorimer street

347 Lorimer street

Price:$20,500,000
Neighborhood:Williamsburg
Bedrooms:0
Bathrooms:0
Building Type: Townhouse

347 Lorimer street  
Price $20,500,000
Neighborhood Williamsburg, Brooklyn
25,777

PROPERTY DETAILS

  • 18 Units

BUILDING DETAILS

  • Mixed Use
  • 49 x 75 Lot Size
  • 6 Floors

PROPERTY FEATURES

Multi-Family Building in Prime Williamsburg

347 Lorimer Street is a renovated multi-family building nestled on the corner of Lorimer and Meserole Streets in Brooklyn, New York.

The property has an attractive unit mix with 18 Free Market apartments. The entire building has recently undergone a $2 million rehabilitation including brand new common areas, building systems and condo level finishes throughout all apartments. Branded bikes in an on-site bike room is an additional amenity for resident's use. All free market units were completely renovated and equipped with stainless steel appliances, Caesarstone counters, wide plank wood floors, eight foot tall doors, and a modern spec to attract quality tenants.

The property is just 2 blocks from the M train so the pending L train shut down will not severely impact tenants' commute.

Approximately 4% Cap Rate. Rent Roll and Income/ Expenses available upon request.

WINDOW SHOPPING

1381 Myrtle avenue

$22,500,000

Sq Feet : 33,600

Units: 25

895 Park Avenue

$20,000,000

Bedrooms: 6

Bathrooms: 7.5

161 Jabali, Marbella

$12,250,000

Bedrooms: 6

Bathrooms: 6

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