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1001 Lorimer St
Brooklyn, NY 11222
Luxury Townhome | Prime Greenpoint · Build-to-Rent Property For Sale · 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
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
  • Listing ID: 31142329

  • Date on Market: 06/03/2024

  • Last Updated:

  • Address: 1001 Lorimer St, Brooklyn, NY 11222

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