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31415314
31415329

495 Lorimer St, Brooklyn, NY 11211

SR
NY 10401280669
PM
NY 10301218393
Compass Commercial
Listed by Compass Commercial
$4,000,000
102 days on market
Updated 38 days ago
Opportunity zone

495 Lorimer Street

Details
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building, Restaurant (+1)
Square Footage 4,737
Units 4
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Lease Options 1
Pro-Forma Cap Rate 7.22%
Pro-Forma NOI $288,945
Price per SqFt $844
Broker Co-Op Yes
Year Built 1920
Buildings 1
Stories 3
Lot Size (SqFt) 2,250
Zoning R6B
Investment Type Stabilized
Ground Lease No

Prime Williamsburg Mixed Use Opportunity | 7.23% Cap | 4,737 SqFt

Marketing description

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.

Listing Contacts

SR
NY 10401280669
PM
NY 10301218393
Compass Commercial
Listed by Compass Commercial

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Zoning

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R6B ResidentialMulti FamilyGeneral Residence
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View all 99 uses
View all 99 uses
Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Stefania Rovera
License
10401280669
Brokerage
Compass
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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