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679 Lorimer Street #BLDG
Townhouse in Williamsburg •  building info
14bd • 7ba
Sold price

$1,700,000

Key Details
Days on market
415
Last price change
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Estimated payment
$10,758/mo
Taxes
$1,585/mo
Maintenance
N/A
Description
This property presents a significant opportunity to generate income from seven spacious, rent-stabilized two-bedroom units. Additionally, there's potential to combine vacant units to transition them to free-market rents. Units 2 and 6 are currently vacant and will be delivered vacant. The ground-floor space offers a blank canvas with versatile potential, currently used as a studio. A skylight above the staircase enhances the building with natural light throughout. 25'X100" Residential FAR: 2 Commercial FAR: 2 7 Apartments - Rent Stabilized 2 Currently Vacant (unit 2 and 6)

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Pets allowed
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Building info

History
What it'll cost
Purchase price
$1,700,000
Asking Price: $1,700,000
Term
30 Years
Down Payment
$170,000 (10%)
Min: 10% (170,000)
Rate
6.0 %
Mortgage Amount
$1,530,000
Mortgage Payment
$9,173
Taxes
$1,585
Estimated closing cost
$60,000
Total monthly cost $10,758
Listing Courtesy of Serhant

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