1001 Lorimer St | Brooklyn, NY 11222
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- LoopNet Team
1001 Lorimer St
Brooklyn, NY 11222
Luxury Townhome | Prime Greenpoint · Build-to-Rent Property For Sale
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3 Units
INVESTMENT HIGHLIGHTS
- 6,000 SF Luxury 3-unit townhome located in Prime Greenpoint, Brooklyn
- 25' x 60' across 3 floors plus full duplex and landscaped backyard
- $400,000 Gross Income, with $350,000 NOI. One-year leases pave the way for a homebuyer.
- High-end renovations and facade redesign was completed in 2023
- $13,000 – 4BR / 2.5BTH Duplex | $10,000- 3BR / 2BTH | $10,000 – 3BR / 2BTH
- 100% Free market with rents expected to grow 10% at next lease turnover.
PROPERTY FACTS
| No. Units | 3 | Total Plot Size | 0.06 ac |
| Property Type | Build-to-Rent | Property Size | 6,000 sq ft |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Townhome | No. Floors | 3 |
| Costar Property Class | C | Year Built/Renovated | 2000/2023 |
| Use Class | R6B | ||
| No. Units | 3 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Costar Property Class | C |
| Total Plot Size | 0.06 ac |
| Property Size | 6,000 sq ft |
| Average Occupancy | 100% |
| No. Floors | 3 |
| Year Built/Renovated | 2000/2023 |
| Use Class | R6B |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 4+2.5 | 1 | - | 3,000 |
| 3+2 | 2 | - | 1,500 |
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