495 Lorimer St Williamsburg, NY 11211
Williamsburg NeighborhoodEstimated payment $21,936/month
Highlights
- Deck
- 3-minute walk to Lorimer Street (L Line)
- High Ceiling
- P.S. 132 The Conselyea School Rated A-
- Wood Flooring
- Terrace
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,748
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 25.000000x90.000000
- Private Entrance
Home Design
- Entry on the 1st floor
- Mixed Use
Interior Spaces
- 5,740 Sq Ft Home
- Property has 3 Levels
- High Ceiling
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Cooktop
Bedrooms and Bathrooms
- 5 Bedrooms
Outdoor Features
- Deck
- Patio
- Terrace
Utilities
- No Cooling
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Williamsburg Subdivision
Listing and Financial Details
- Legal Lot and Block 0024 / 02779
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,519 | $963,900 | $131,400 | $832,500 |
| 2024 | $8,519 | $827,100 | $131,400 | $695,700 |
| 2023 | $7,740 | $758,700 | $131,400 | $627,300 |
| 2022 | $7,131 | $632,250 | $131,400 | $500,850 |
| 2021 | $6,636 | $505,800 | $131,400 | $374,400 |
| 2019 | $6,585 | $553,500 | $131,400 | $422,100 |
| 2018 | $6,173 | $48,535 | $11,550 | $36,985 |
| 2017 | $5,716 | $44,941 | $12,427 | $32,514 |
| 2016 | $5,365 | $41,614 | $12,553 | $29,061 |
| 2015 | $3,265 | $41,614 | $14,262 | $27,352 |
| 2014 | $3,265 | $40,321 | $15,761 | $24,560 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2026 03/31/26 | For Sale | $4,000,000 | -- | $697 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20080033
APN: 02779-0024
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Ask me questions while you tour the home.