392 Lorimer Street

$2,199,995, 6 Beds 3 Baths 2,205 Sqft

About This Property

How about starting 2019 with a brilliant investment? 392 Lorimer in prime East Williamsburg offers you two options to do just that. Option One: this gorgeous legal 3-family brick townhouse is currently set up as 3, two bedroom and 1 bathroom rentals and has a very impressive 6% Cap Rate. Option Two: the seller already has approved plans to convert this beauty into a 6-unit boutique condo building. The hard part is already taken care of. Now you can reap the benefits. This rock solid, bright and beautiful townhouse is smack dab in the middle of what renters and buyers alike are clamoring for in this prime East Williamsburg location - shops, restaurants and boutiques and transportation (welcome back L-train!) At 21.5 feet wide and a stunning 100' deep lot, making 392 Lorimer boost your bottom line whatever option you choose is clearly the best decision you could make all year long.

Essential Information

MLS® #4909376
Price$2,199,995
Tax Amount$2,724
Bedrooms6
Bathrooms3.00
Full Baths3
Square Footage2,205
Acres0.00
Year Built1930
TypeMulti-Family 2-4
StatusActive

Community Information

Address392 Lorimer Street
AreaBrooklyn
CityBrooklyn
CountyKings (Brooklyn)
StateNY
Zip Code11206

Amenities

ParkingOther/See Remarks

Interior

HeatingSee Remarks
CoolingNone
Has BasementYes
BasementSee Remarks

School Information

DistrictNew York
ElementaryCity of New York
MiddleCity of New York

Listing Details

Listing Courtesy ofCompass

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Information deemed reliable but not guaranteed.

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Listing information last updated on April 21st, 2019 at 1:28am CDT.

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