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Announcing 543 Lorimer, a rare 2-family townhouse offering the potential to collect significant income while living in a newly developed work of art. With completion anticipated this Spring, this is a unique opportunity for a Buyer to customize finishing touches and key features/amenities.
No detail has been spared in this luxurious home that features separate entrances for each residence, zoned AC and heating, Anderson windows and solid wood core doors, white oak wide plank flooring throughout, high ceilings and laundry in both apartments.
Step into a welcoming vestibule, hang your jacket in the coat closet, and enter into the Garden level residence, where you'll find a spacious layout complete with an open kitchen, living room with nearby powder room and a fully outfitted Bedroom suite complete with two closets and full bathroom. The living room opens out to a private backyard oasis, nicely appointed with a grilling station, pet relief area and lush landscaping.
Access to the basement provides additional space for recreation or storage along with the option to add a convenient amenity like a home gym. 10-foot ceilings on this level ensure an open, spacious atmosphere. You'll find laundry, an additional full bathroom and a kitchenette with beverage refrigerator on this floor.
The owner's duplex features a grand salon on the main level spanning over 28 feet long, creating an impressive reception area with open living and dining areas, a stunning kitchen and a powder room. The centerpiece of the kitchen is a massive quartz island, which is perfectly framed by high-end Viking appliances and custom solid wood cabinetry.
The living space on this floor is flanked by a beautiful 62-inch mantle housing a gas fireplace. Multiple widows draw in energizing natural light all day long.
Your bedroom sanctuary upstairs boasts 11. 5-foot ceilings, maximizing natural sunlight and a feeling of peace. On this floor you'll find 3 bedrooms of ample size with spacious closets, along with two full bathrooms. The Primary Suite leaves nothing to be desired, with a huge walk-in closet and an ensuite bathroom featuring radiant heated porcelain tile floors, a deep-soaking tub and custom solid wood vanities with quartz countertops.
The furnished roof deck is incredible, with a grilling station, kitchenette and panoramic views.
Located just one block from the G and L subway station at Metropolitan Ave, this house sits on a quiet block nestled in one of Brooklyn's most desirable areas.
For investors looking to rent out the full house, you are looking at at 5. 5% CAP Rate.
Please note that the photos included here are renderings. This project is scheduled to be completed in May 2026. The final product may have small variations. In-person showings are available upon request. Take this early opportunity to customize your dream home! Reach out today for a convenient showing time!
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,799,200 | $2,799,200 | $2,799,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.973% | 5.858% | 5.681% |
| Monthly Tax Payment | $374 | $374 | $374 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,027 | $16,335 | $22,872 |
| Total Monthly Payment | $15,526 | $16,834 | $23,371 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.