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418 Lorimer St
Brooklyn, NY 11206 Williamsburg

Price Upon Request

Warehouse For Sale  •  4,800 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 4,800 SF
  • Lot Size 0.03 AC
  • Building Class C
  • Year Built 2004
  • Tenancy Single
  • Zoning R6B
100 Transit Score
92 Walk Score

Highlights

Approved Plans: DOB approved plans for a 4,800 SF 7-unit rental development (plans available in data room).
Strong Condo Market: Condo sellouts projected to be $7M at attainable per-unit pricing, well supported by nearby comparable sales.
Delivered Vacant: The property is vacant allowing for construction to begin post-closing.
Premier Location: Within Williamsburg, Brooklyn, one of NYC’s most sought-after residential submarkets, with countless neighborhood amenities.
Currently Tax Class Protected: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years.
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.

Public Transportation

Commuter RailDriveWalkDistance
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 8 min - 2.4 mi
Hunterspoint Avenue Station (Hempstead Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road) 9 min - 2.8 mi
Transit/SubwayDriveWalkDistance
Lorimer Street (L Line) (L - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
Metropolitan Avenue (G - New York MTA Subway (The Subway)) 1 min 7 min 0.4 mi
Broadway (G Line) (G - New York MTA Subway (The Subway)) 1 min 7 min 0.4 mi
Hewes Street (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 2 min 7 min 0.4 mi
Grand Street (L Line) (L - New York MTA Subway (The Subway)) 2 min 11 min 0.6 mi
AirportDriveWalkDistance
LaGuardia 16 min - 7.6 mi
John F Kennedy International 26 min - 14.7 mi
Newark Liberty International 26 min - 15.0 mi