NOT LISTED FOR SALE

Estimated Value: $1,533,000 - $2,021,174

Studio
-- Bath
3,000 Sq Ft
$607/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $2,075,000 $692 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $9,528/month

24 Days on Market

Highlights

  • Pre War Building
  • P.S. 34 Oliver H Perry Rated A-
  • 3-minute walk to Nassau Avenue

About This Home

As of September 2015

An opportunity like this comes up only a few times a year! Come see this extra-wide three-family townhouse in prime Greenpoint / Williamsburg, the hottest neighborhood in Brooklyn. It is located just three blocks from McCarren Park, vibrant Bedford Avenue and 15 minutes from Manhattan. 1025 Lorimer Street is a 25-foot wide and well-kept three-story house that offers a total of 4000 SqFt of existing usable space (including the basement) and additional 2000 SqFt of buildable space. The house sits on a 25' x 100' lot, providing a generous 1,500 SqFt private backyard with South and West exposures. With soaring ceilings, abundant space and natural light, this unique property offers tremendous value and endless opportunities: keep it as a three-family house with a 2000 SqFt owner-duplex plus backyard and collect high income from two additional units, take three floors for yourself and rent one or develop it into a 6000 SqFt boutique condominium building. The choice is yours! You can't go wrong with this fantastic location! The best shops and restaurants are right at your doorstep: Five Leaves Café, Beacon's Closet, Peter Pan doughnuts, The Wythe Hotel, Brooklyn Bowl, Bushwick Inlet Park and many more cool bars, restaurants, music venues shops and galleries. 1025 Lorimer Street offers easy access to Manhattan and to other great Brooklyn neighborhoods. Walk to the L train on Bedford Avenue, taking you to the heart of Manhattan in minutes, take the G train, just a block away, to travel further into Brooklyn or jump on the East River Ferry to get to midtown Manhattan or Wall Street in just a few minutes. Call us today to schedule a private showing.

Last Agent to Sell the Property

Yuval Vidal

Compass License #30VI1008300 Listed on: 07/21/2015

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • 2,483

Home Design

  • Pre War Building

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property

Community Details

  • 3 Units
  • Greenpt Subdivision

Listing and Financial Details

  • Tax Block 2618

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Meserole Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: GREENPT
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 3000.0
  • Living Area Units: Square Feet

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 2618

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2018
Sold by
1025 Lorimer Llc
Bought by
Gamon Fabrice Julien and Peyro Llopis Ana
Current Estimated Value
$1,822,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Outstanding Balance
$1,063,083
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$758,975

Purchase Details

Closed on
Nov 20, 2015
Sold by
Paul Dziedzic As Trustee and Robert Dziedzic As Trustee
Bought by
1025 Lorimer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2011
Sold by
Dziedzic Joan
Bought by
Joan Dziedzic Irrevocable Trust and Paul Dziedzic Co-Trustee
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gamon Fabrice Julien $1,564,144 --
Gamon Fabrice Julien $1,564,144 --
Gamon Fabrice Julien $1,564,144 --
1025 Lorimer Llc $2,075,000 --
1025 Lorimer Llc $2,075,000 --
1025 Lorimer Llc $2,075,000 --
Joan Dziedzic Irrevocable Trust -- --
Joan Dziedzic Irrevocable Trust -- --
Joan Dziedzic Irrevocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamon Fabrice Julien $1,240,000
Closed Gamon Fabrice Julien $1,240,000
Previous Owner 1025 Lorimer Llc $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2015 09/15/15 Sold $2,075,000 -5.7% $692 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $2,200,000 -- $733 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $0 -- -- --
2024 $0 $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10061091

Real Estate Board of New York (REBNY)

APN: 02618-7503