The property at 583 Lorimer Street in Williamsburg, Brooklyn has been sold in a recent transaction. The apartment building is located in an area zoned as R7A, R6B, and C2-4. The sale took place on January 28, 2022. The buyer, Nicolas Aaron Dayan, acquired the property from the seller, Daniel Cohen. The transaction was completed for a price of $10,800,000.

Summary of transation details

• Property Type: Apartment
• Transaction Amount: $10,800,000
• Address: 583 Lorimer Street, Williamsburg, Brooklyn
• Zoning: R7A, R6B, C2-4

The apartment building has a building square footage (BSF) of 10,000, which translates to a price per BSF (PPBSF) of $1,080. The total lot size is 2,500 square feet, with dimensions of 25 ft x 100 ft. The building itself spans 8,625 square feet, resulting in a price per square foot (PPSF) of $1,252.17. The property's floor-area ratio (FAR) is 3.45.

In addition to the sale information, it is worth noting that the property had a previous sale in 2013, where it was sold for $2,250,000 on August 28.