495 Lorimer Street, Brooklyn (Williamsburg), NY, 11211 | $4,000,000

An Exceptional Mixed-Use Opportunity in the Heart of Williamsburg This thoughtfully maintained mixed-use building offers a rare opportunity to own a versatile property suited for both end users and investors, with two residential homes above two established, neighborhood-loved commercial spaces, all set in one of Brooklyn’s most vibrant neighborhoods. The building has been lovingly cared for over time, blending original character with practical updates that make each space comfortable and inviting. The residential units are especially generous in scale, with large eat-in kitchens, spacious box-style bedrooms, updated bathrooms, and open living areas with excellent storage throughout, all thoughtfully laid out for daily living. The second-floor apartment is a bright and expansive 2-bedroom featuring two separate living areas and an incredible private roof deck, offering a true indoor-outdoor lifestyle that is hard to find in the neighborhood. Upstairs, the top-floor 3-bedroom is equally inviting, with well-proportioned rooms, an open layout, and flexibility for a variety of living arrangements. Together, these units present a unique opportunity for an end user to live comfortably in one or explore combining them into a single, substantial home, while also offering strong, appealing layouts for those looking to maintain them as high-quality rental units. The commercial spaces are both well-established and contribute to the neighborhood’s daily rhythm and appeal. One is home to a popular sandwich counter, fully built out with proper ventilation, an Ansul system, a walk-in refrigerator, and extensive equipment. The other is a well-loved neighborhood coffee shop with a generously sized layout, ample room for seating, and a dedicated basement for storage and operations. This is a rare chance to acquire a turnkey property with strong existing use and long-term potential. Located just two blocks from the Lorimer L train, the property offers convenience along with the energy and charm that make Williamsburg so sought after. Showings are by appointment only. Please reach out with any questions or for additional details.

Features

  • Town: Brooklyn
  • Levels: 3
  • Cooling: Unknown Type
  • Amenities: Roof Deck;
  • Zoning: R6B
  • Laundry: SeeRemarks
  • Year Built: 1920
  • Terrace : Yes
  • Patio: Yes
  • Service Level: None
  • Built Size: 25'x60'
  • OLR#: RLS20080033
  • Days on Market: 43 days
  • Website: https://www.raveis.com
    /prop/RLS20080033/495lorimerstreet_brooklyn_ny?source=qrflyer
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.

William Raveis Family of Services

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Kayla BlaisSales Associate

203.994.5388

Kayla.Blais@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Laurie BergerVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12578

203.520.1925

Laurie.Berger@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Rosemarie DePasqualeInsurance Sales Director, William Raveis Insurance

203.561.0013

Rosemarie.DePasquale@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

495 Lorimer Street, Brooklyn (Williamsburg), NY, 11211

$4,000,000

Kayla Blais

Sales Associate

William Raveis Real Estate

Phone: 203.994.5388

Kayla.Blais@raveis.com

Laurie Berger

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.520.1925

Laurie.Berger@raveis.com

NMLS Mortgage Loan Originator ID 12578

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,200,000 $3,200,000 $3,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.069% 6.110% 5.932%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,671 $19,186 $26,573
Total Monthly Payment $17,796 $19,311 $26,698

* 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.