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)
Property Features
Bedrooms
Other Rooms
Bathrooms
- Total Bathrooms: 7.00
- Full Bathrooms: 7
Appliances
Kitchen and Dining
- Dining Area Description: Yes
- Kitchen Description: Kitchen Type: F
Exterior and Lot Features
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Condo Info
- Unit Floor In Building: 6
Multi-Unit Info
Other Property Info
- Annual Tax Amount: 1585.0
- Source Listing Status: CONTRACT SIGNED
- Availability Date: 2025-01-31
- Cross Street: MEEKER AVENUE and FROST STREET
- Property Subtype: condo
- Source Neighborhood: Williamsburg, North side
- Ownership Type: RNTL
- Source System Name: C2C
Building and Construction
- Year Built: 1928
- Building Name: 679 Lorimer Street
- Property Age: 97
- Property Condition: Good
- Levels or Stories: 4
- Structure Type: TOWNHOUSE