909 Lorimer St - Multi-Family FOR SALE


Brooklyn, NY 11222- Greenpoint
$2,495,000 USD
718-475-4382
909 Lorimer St, Brooklyn, NY for Sale
$2,495,000 USD
Multi-Family - FOR SALE
1/15
null | 3.7% Cap Rate

909 Lorimer St
Brooklyn, NY 11222
Greenpoint


HIGHLIGHTS

  • Prime Greenpoint Location
  • Boutique Two-Family Townhouse
  • Strong Financial Performance
  • End-User and Income Flexibility

OVERVIEW

The New York Multifamily Team is pleased to present 909 Lorimer Street, an exceptional multifamily property located in the heart of Greenpoint, Brooklyn—one of the borough’s most desirable and rapidly evolving residential neighborhoods. Ideally positioned on the corner of Lorimer Street and Nassau Avenue, the property offers 20 feet of frontage and sits on a 20’ x 75’ lot (Block: 2644, Lot: 39). Built 20’ x 45’, 909 Lorimer Street is zoned R6B, providing both strong in-place cash flow and future repositioning or redevelopment potential. Surrounded by Greenpoint’s charming tree-lined streets, boutique retail, and vibrant restaurant scene, the property also benefits from excellent accessibility via the G train at Nassau Avenue and close proximity to McCarren Park. 909 Lorimer Street represents a rare opportunity for investors to acquire a well-located multifamily asset in one of Brooklyn’s most stable and high-demand markets.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$1,177 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,247,500

CAP RATE

3.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1901

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

M1-2/R6

APN/PARCEL ID

02644-0039

ASK ABOUT THIS PROPERTY

Shaun RineyMarcus & MillichapMore Info
718-475-4382

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Shaun RineyMarcus & MillichapMore Info
718-475-4382

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.