Marcus & Millichap - Tri Borough Multi-Family

181, 164 Havemeyer & 442 Lorimer Street

181 164 Havemeyer & 442 Lorimer Street
, Brooklyn

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Price: $48,100,000
Building Size: 81,750 Square Feet
Property Type: Mixed-use
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com
INVESTMENT OVERVIEW:

164 Havemeyer, located between South 2nd Street and South 3rd Street, is a six story mixed-use building and consists of 2 retail units and 25 residential units. The property is built 40 ft x 110 ft and sits on a 40 ft x 125 ft lot with approximately 19,500 gross square feet. The building unit mix consists of 17-two bedroom apartments, 8-three bedroom apartments and two ground floor retail units. Eighteen apartments have been de-regulated and renovated with luxury finishes, seven units remain rent regulated. The property is zoned C1-3/R6 (Block: 2420, Lot: 28).

181 Havemeyer Street, located on the corner of Havemeyer Street and South 3rd Street, is a six story mixed-use building that consists of 5 retail units and 25 residential units. The property is built 39 ft x 85 ft and sits on a 39 ft x 95 ft lot with approximately 18,250 gross square feet. The building unit mix consists of 5-one bedroom apartments, 20-three bedroom apartments and two ground floor retail units. Eighteen apartments have been renovated with luxury finishes. The property is zoned C1-3/R6 (Block: 2434, Lot: 06).

442 Lorimer Street, located on the corner of Maujer Street and Lorimer Street in the Williamsburg section of Brooklyn, is a six story mixed use building that consists of 55 apartments and 4 retail units. The property is built 80 ft x 100 ft and sits on a 100 ft x 80 ft lot with approximately 44,000 gross square feet. The property is zoned R6B (Block: 2792, Lot: 02).

164 & 181 Havemeyer Street offer investors the rare opportunity purchase three mixed use buildings with luxury finishes in the recently renovated apartments and substantial ground floor retail square footage in the prime Williamsburg section of Brooklyn, New York.