495 Lorimer Street
Prime Williamsburg Mixed Use Opportunity | 7.23% Cap | 4,737 SqFt
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Prime Mixed-Use Investment Opportunity | Williamsburg, Brooklyn
An exceptional opportunity to acquire a well-maintained, income-producing mixed-use asset in the heart of Williamsburg. This versatile property features two residential units above two established ground-floor commercial spaces, offering a compelling blend of stable income and long-term upside in one of Brooklyn’s most dynamic submarkets.
The building has been exceptionally cared for over time, combining original character with practical upgrades that enhance both tenant appeal and operational efficiency. The residential units are generously scaled and well-configured, with large eat-in kitchens, spacious bedrooms, updated bathrooms, and open living areas with ample storage—layouts that consistently perform well in the rental market.
The second-floor unit is a bright and expansive 2-bedroom featuring two distinct living areas and a private roof deck, delivering a rare indoor-outdoor component that commands strong demand. The top-floor unit is a well-proportioned 3-bedroom with an open layout and flexible configuration, suitable for a range of tenant profiles. Together, the residential component offers the option for continued rental income or potential reconfiguration into a larger owner’s unit.
The commercial component is anchored by two established neighborhood tenants. One space is fully built out for food use, including proper ventilation, Ansul system, walk-in refrigeration, and extensive infrastructure. The second space operates as a popular coffee shop, featuring a sizable footprint, seating capacity, and dedicated basement storage—both contributing steady foot traffic and consistent income.
Positioned just two blocks from the Lorimer Street L train, the property benefits from excellent accessibility and strong surrounding retail and residential demand.
A turnkey investment with in-place income, tenant stability, and value-add potential in a premier Brooklyn location.
Showings by appointment only. Please inquire for additional financials and details.
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