Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
495 Lorimer Street
Interested in this property?
Active For Sale Multi Family

$4,000,000

$697 per sq ft

495 Lorimer Street

Williamsburg, Brooklyn

MLS® #RLS20080033

RLS at REBNY

Listing by Compass

5

Bedrooms

2.5

Baths

5,740

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3 full, 2 half
Living Area 5,740 sq ft
Year Built 1920
Ownership None
Property Taxes $8,748/yr
Neighborhood Williamsburg
Floor 1 of 3

Property Highlights

  • Exposure: East,West facing
  • Outdoor Space: Deck, Patio, Terrace, Rooftop
  • Character: Pre-war building (1920)

Property Details

Type Multi Family
Ownership None
Total Rooms 12
Baths 2 Full, 2 Half
Floor 1 of 3
Exposure East,West
Heating Natural Gas
Pets Yes
Year Built 1920
Living Area 5,740 sq ft
Structure Type MultiFamily,MixedUse
Flooring Hardwood
Furnished Unfurnished
Basement Full
Parcel # 02779-0024
Block/Lot 02779/0024

Listing History

Event Date Price Change
Listed Mar 31, 2026 $4,000,000 -
Currently May 7, 2026 $4,000,000 -

Description

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.

Features & Amenities

Interior Features

Eat In Kitchen High Ceilings See Remarks Flooring: Hardwood

Exterior Features

Private Entrance Private Outdoor Space Over60 Sqft Deck Patio Terrace Rooftop

Appliances

Gas Cooktop Gas Oven Refrigerator

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 3
Structure MultiFamily,MixedUse

Financial Details

RE Taxes $8,748/yr ($729/mo)

Williamsburg is the global face of Brooklyn's cultural and residential renaissance. Defined by its stunning waterfront parks and the iconic L-train connection to Manhattan, the neighborhood offers a high-energy lifestyle. The real estate market is dominated by sleek, glass-walled luxury condominiums along the East River, alongside historic warehouse conversions and boutique new developments that cater to a wide range of buyers and renters.

Williamsburg Live Market Data

View Neighborhood

Active Listings

187

Median Asking Price

$1.98M

Median $/Sqft

$1,628

Avg Days on Market

N/A

New This Week

11

Price Reduced

12%

Sold (30 Days)

24

Median Sale Price

$1.60M

Live data from RLS at REBNY • Updated 5/7/26, 4:48 AM EST

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Location

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495 Lorimer Street, Williamsburg, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
3
Floors
2
Residential Units
R6B
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $972,450
Land Value: $131,400
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,250 SF
Building Area: 4,500 SF
Built FAR: 2
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $8,748, or roughly $729 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 2 full bathrooms and 2 half bathrooms.

The listed interior living area is 5,740 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $4,000,000 for 5,740 sq ft, the asking price per square foot is approximately $697. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20080033
First Listed: 3/27/2026
On Market: 3/31/2026
Contract Date: 3/25/2026

Listing Courtesy of Compass - Stefania Rovera

Listing Contact: (718) 360-8686

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/7/2026 at 8:48 AM UTC

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