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569 Lorimer Street
Townhouse in Williamsburg •  building info
4bd • 2ba • 1,620ft² $889 per ft²
Sold price

$1,440,000

Key Details
Days on market
946
Last price change
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Estimated payment
$8,141/mo
Taxes
$371/mo
Maintenance
N/A
Description
Offered for the first time in over 50 years, 569 Lorimer Street is a three-story townhouse (plus an unfinished cellar) in the heart of Williamsburg. The property provides the rare opportunity to create the single-family home of your dreams or a multi-family investment property. Situated just off the intersection of Lorimer Street & Metropolitan Avenue, the home is directly opposite the Lorimer L train stop in a prime location. Sold as is and delivered vacant, with the incredible opportunity for a major build-out with plenty of unused FAR and low annual taxes. Showing by appointment only. Building Size: 18.33 ft x 35 ft Lot Size: 18.75 ft x 65 ft FAR as built 1.33 Residential FAR 4 Allowable usable floor area 4,872 SF Usable floor area as built 1,620 SF Unused FAR 3,252 SF Please note: **Cash or private mortgage only**

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Important Stuff
Pets allowed
Building info

History
What it'll cost
Purchase price
$1,440,000
Asking Price: $1,440,000
Term
30 Years
Down Payment
$144,000 (10%)
Min: 10% (144,000)
Rate
6.0 %
Mortgage Amount
$1,296,000
Mortgage Payment
$7,770
Taxes
$371
Estimated closing cost
$52,000
Total monthly cost $8,141
Listing Courtesy of Compass

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