418 Lorimer St | Brooklyn, NY 11206
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
418 Lorimer St
Brooklyn, NY 11206
418 LORIMER ST · Industrial Property For Sale
Investment Highlights
- Approved Plans: DOB approved plans for a 4,800 SF 7-unit rental development (plans available in data room).
- Delivered Vacant: The property is vacant allowing for construction to begin post-closing.
- Currently Tax Class Protected: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years.
- Strong Condo Market: Condo sellouts projected to be $7M at attainable per-unit pricing, well supported by nearby comparable sales.
- Premier Location: Within Williamsburg, Brooklyn, one of NYC’s most sought-after residential submarkets, with countless neighborhood amenities.
- Transit Access: Close proximity to the L, J, M & G trains allowing for quick transportation to Union Square, Fidi, Brooklyn & Queens within 15-20 min.
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 2004 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.03 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 4,800 SF | ||
| Zoning | R6B | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.03 AC |
| Rentable Building Area | 4,800 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | R6B |
Property Taxes
| Parcel Number | 03023-0006 | Improvements Assessment | $137,700 |
| Land Assessment | $64,800 | Total Assessment | $202,500 |
Property Taxes
Parcel Number
03023-0006
Land Assessment
$64,800
Improvements Assessment
$137,700
Total Assessment
$202,500
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
