715 Lorimer st, Brooklyn NY

  • Price: $5,900,000 (Fully Leased – Operating 5.36% Cap Rate!)
  • Mixed-Use Building
  • 6 Apartments, 2 Retail
  • 6,000 sF

Opportunity to acquire a unique lot w/2 buildings in one of the country’s fastest growing markets. The residential apartments are renovated and have efficient layouts that offer great value for renters. The restaurant (smaller retail) is currently paying under-market rent; lease and options expire by October, 2018. The corner retail just signed a 15-yr lease for a high-end Deli business.
 

 
 
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Herman Singh
14 east 4th Street, unit 405, NoHo, NY 10012
Phone: +1-(718)-679-7822
E-Mail: herman@starcities.com
www.starcities.com