Sold

392 Lorimer Street

Brooklyn NY, 11206

$1,900,000


$2,574.53 per sqft

Sold

6 Beds

3 Baths

738 sqft

Townhomes

Built in 1930

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.

RPLU-33422877728

MLS ID

February 7, 2024

Listed

January 10, 2025

Updated

Map

392 Lorimer Street
Brooklyn NY, 11206

Interior Features

Total Stories

3


Bedrooms

6


Total Bathrooms

3


Full Bathrooms

3


Laundry Description

Washer Hookup, In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.05 Acres

Other Property Details

Taxes

$3,336


Tax Frequency

Annually


Garage

No


View

No


View Description

Other


County

Kings


Pool

No

Listing History

Date

Event

Price

10/25/2024

Price change

$1,900,000

-5%

10/25/2024

Sold

$1,900,000

3/21/2024

Pending

Listed by MARK MARTOV with Corcoran Group
Listing Contact: (917) 939-3888 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 1/10/2025 at 9:03 PM UTC

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