255 Lorimer Street

Jones Lang LaSalle (JLL) is exclusively offering for sale 255 Lorimer Street, an eight-story, new construction apartment building in South Williamsburg, Brooklyn. The Property features 66 residential units (46 free market, 20 affordable), boasting high-quality finishes and amenities, including indoor and outdoor lounges, a fitness center, and a rooftop deck. Benefiting from the 70/30 Affordable New York program, the Property enjoys a 35-year tax abatement worth approximately $15.9M in savings. Located at the intersection of major subway lines (G, J, M and L), 255 Lorimer Street offers excellent connectivity and is situated in a transit-oriented neighborhood with favorable demographics and expanding retail options, making it an attractive investment opportunity with potential for both short and long-term value growth.