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Future New York

Work Begins on New Williamsburg Condo at 532 Lorimer Street

532 Lorimer Street rendering via 43 Hundred 532 Lorimer Street rendering via 43 Hundred
As the center of Williamsburg becomes in ever-higher demand, developers and buyers alike have started looking to the east. The three-story building and garage formerly at 532 Lorimer Street have been demolished, and the site is being cleared for a five-story, nine-unit condominium to rise in its place. Renderings by designer 43 Hundred show a sleek brick building with floor-to-ceiling windows and extensive terraces on the upper floors. Apartments will have spa-like baths with spacious walk-in showers as well as modern kitchens with breakfast bars, sleek cabinetry, and top-of-the-line appliances. The renderings also show a courtyard, and plans say amenities will include a bike room, storage, and elevator.

An offering plan has not yet been filed, but its neighbors may offer some indication. Listings at The Lorimer started at $1.35 million last fall. A few blocks away, apartments at Casetta started at $730K. According to CityRealty data, the average price of a Williamsburg condo is $1.325 million.
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532-Lorimer-Street 532 Lorimer Street via CityRealty
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Content Specialist Michelle Merritt Michelle is a contributing writer and editor for real estate news in New York City