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392 LORIMER Street Brooklyn, NY 11206
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Key Details
Sold Price $1,900,000
Property Type Townhouse
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Williamsburg,South
MLS Listing ID RPLU-33422877728
Sold Date 10/15/24
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1930
Annual Tax Amount $3,336
Property Description
How about starting 2024 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.
Location
State NY
County Kings
Rooms
Basement Other
Interior
Fireplace No
Laundry Washer Hookup, In Unit
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Story 3
New Construction No
Others
Ownership None
Monthly Total Fees $278
Special Listing Condition Standard
Pets Allowed Building Yes, No
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RLS Data display by Coastal Property Advisors