See Home Value
$3,218,663*
Multifamily - Off Market

642 Lorimer Street

Williamsburg, NY 11211
bedrooms
8 Beds
bathrooms
5 Baths
square feet
5477 Sqft
$2,430,000 - $2,970,000
Reference Base Price*
19.21%
Since Sep 1, 2021
NY-New York
Primary Model

About This Property

Welcome to 642 Lorimer street Investors Paradise! Located in the lively neighborhood of Williamsburg Brooklyn. Investors your tenants will be in close proximity to everything this neighborhood has to offer- top restaurants, cafes, convenient metro stations (G & L lines)  and the popular 35-acre McCarren Park. This multifamily features a store front currently being used as a deli. Presently the commercial tenant is on a month-to month agreement.  There are 4 residential units above the store. The layout of the units consists of four 2-bedroom railroad apartments. (2 apartments on the 2nd floor & 2 apartments on the 3rd floor.) Three of the four units will be delivered vacant. The 4th unit is rent controlled and currently tenant occupied. What you are buying: 4 family + store front. (4 2 bedroom railroad units) LOT: 25x99.75 BUILDING: 25X57 TAXES:$12,442.04 Annually Year Built:1928 Zoning: R6B

The manager has listed the unit size as 5477 square feet.
Unit Size
5,477Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$493
Property Type
Multifamily
Property Taxes
$1,037
HOA Dues
-
Year Built
1928

Price History

Date / Event Date Event Price
Aug 7, 2021 No longer available -
No longer available
Mar 7, 2021 Listed $2,700,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
8 Beds
5 Baths
-
$2,280,000 Mar 7, 2021
$2,280,000 Jan 7, 2022
$1,037/mo
Multifamily
8 Beds
3 Baths
-
$2,050,000 Jun 30, 2020
$2,050,000 May 19, 2021
$370/mo
Townhouse
4 Beds
4 Baths
3,982 ft²
$678/ft²
$2,700,000 May 16, 2022
$2,700,000 Aug 20, 2022
-
Townhouse
3 Beds
2 Baths
3,300 ft²
$765/ft²
$2,525,000 Mar 7, 2016
$2,525,000 Jul 8, 2016
-
Multifamily
4 Beds
2 Baths
-
$2,400,000 Nov 19, 2019
$2,400,000 Jul 1, 2020
$440/mo
Townhouse
4 Beds
4 Baths
2,280 ft²
$1,123/ft²
$2,560,000 Apr 11, 2019
$2,560,000 Sep 26, 2019
-
Multifamily
8 Beds
3 Baths
-
$2,600,000 Jan 3, 2024
-
$821/mo
Multifamily
14 Beds
8 Baths
-
$2,350,000 Aug 11, 2021
-
$959/mo
Multifamily
5 Beds
2 Baths
-
$2,500,000 Apr 2, 2024
-
$328/mo
Condo
2 Beds
3 Baths
2,106 ft²
$1,104/ft²
$2,325,000 Mar 6, 2024
-
$710/mo
Condo
3 Beds
3 Baths
1,919 ft²
$1,300/ft²
$2,495,000 Mar 25, 2024
-
$1,369/mo
Condo
3 Beds
3 Baths
1,872 ft²
$1,602/ft²
$2,999,000 Jun 1, 2022
-
$1,281/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210307
03/07/2021
8 Bed
5 Bath
-
$2,700,000
bedrooms
8 Bed
bathrooms
5 Bath
$2,280,000 -15.56%
01/07/2022
-
Thony Revelo
New York Realty Minimax Inc

Building Info

642 Lorimer Street 642 Lorimer Street, Brooklyn, NY 11211
  • 7 Units
More about this Building
642 Lorimer Street
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About Northern Brooklyn


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