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Multifamily

909 Lorimer Street

909 Lorimer St, Brooklyn, NY 11222

Listing Price: $2,495,000

Cap Rate
3.70%
Number of Units
2
GRM
20.79
Price/Unit
$1,247,500
Price/Gross SF
$1,176.89
Gross SF
2,120

Investment Overview

Marcus and Millichap are pleased to offer 909 Lorimer Street, an exceptional opportunity to acquire a fully free-market, boutique multifamily property in the heart of Greenpoint, one of Brooklyn’s most desirable residential neighborhoods. The property consists of two residential units totaling 2,120 square feet, situated on a 20’ x 75’ lot within an M1-2/R6 zoning district.

Investment Highlights

  • 909 Lorimer Street, built in 1901, spans 2 stories and is comprised of 2 units.
  • 909 Lorimer Street is zoned M1-2/R6, providing both strong in-place cash flow and future repositioning or redevelopment potential.
  • Located steps from McCarren Park, Manhattan Avenue retail, and multiple subway lines (G and L trains).

Exclusively Listed By

Financing By

Multifamily

909 Lorimer Street

Listing Price: $2,495,000

Cap Rate
3.70%
Number of Units
2
GRM
20.79
Price/Unit
$1,247,500
Price/Gross SF
$1,176.89
Gross SF
2,120

Investment Highlights

  • 909 Lorimer Street, built in 1901, spans 2 stories and is comprised of 2 units.
  • 909 Lorimer Street is zoned M1-2/R6, providing both strong in-place cash flow and future repositioning or redevelopment potential.
  • Located steps from McCarren Park, Manhattan Avenue retail, and multiple subway lines (G and L trains).

Investment Overview

Marcus and Millichap are pleased to offer 909 Lorimer Street, an exceptional opportunity to acquire a fully free-market, boutique multifamily property in the heart of Greenpoint, one of Brooklyn’s most desirable residential neighborhoods. The property consists of two residential units totaling 2,120 square feet, situated on a 20’ x 75’ lot within an M1-2/R6 zoning district.

Exclusively Listed By

Financing By

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