Map pin255 Lorimer Street, New York, NY, 11206, US

255 Lorimer Street

255 Lorimer Street_Imóvel à venda

Atributos

Número de unidades
66
Ano de construção
2024
Área de construção líquida
4.784 m²
Número de andares
8

Descrição

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.

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Destaques do investimento

Brand New 421a Tax Abatement: 35-year tax abatement ending in 2060


Tax Savings: $15.9M NPV assuming 27.5% of EGI for full tax at a 6% discount


Quality New Construction: Designed by ODA Architecture


Outstanding Transportation Access: Immediate Access to the J / M / G / L Subway Lines

255 Lorimer Street 4_Imóvel à venda
255 Lorimer Street 4_Imóvel à venda
255 Lorimer Street (0 Propriedades)

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Última atualização
15 de mai de 2025