NOT LISTED FOR SALE

390 Lorimer St Unit 4E Brooklyn, NY 11206

Williamsburg Neighborhood

Estimated Value: $1,059,000 - $1,447,000

2 Beds
2 Baths
930 Sq Ft
$775/mo HOA Fee

Last Sold February 09, 2024

Last sale price $1,200,000 $1,290 Per Sq Ft

Current estimated payment $7,089/month

249 Days on Market

Highlights

  • City View
  • Central Air
  • 3-minute walk to Sternberg Park
  • Terrace
  • High-Rise Condominium

About This Home

As of February 2024

Light filled, penthouse with 2 bedrooms, 2 baths and huge private terrace. This apartment has an ideal layout with 11.2' ceilings, newly redone floors and a split layout floor plan for maximum privacy. With southern exposure lights pours into the entire space through floor to ceiling windows overlooking both your private balcony and almost 500 sq ft terrace. The unit has an open kitchen with stainless steel appliances and large breakfast bar, in unit full size washer dryer, 5 closets and a large private storage room that conveys with the unit. The building's amenities package includes a gym, yoga studio, a common courtyard and pet washing station. Fios internet offered at $111 a month bulk rate charged through management. With the low common charges and a tax abatement until 2035 the carrying costs are very low for this elevator, professionally managed building. Centrally located by the L, G, J, M & Z trains.

Last Agent to Sell the Property

David Hubschman

Douglas Elliman Real Estate License #10401212746 Listed on: 04/02/2023

Douglas Elliman Real Estate

Co-Listed By

Rafael Malka

Douglas Elliman Real Estate License #30MA1030034

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $420

Year Built

  • Built in 2012

HOA Fees

  • $775 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 930 Sq Ft Home
  • 4-Story Property
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Additional Features

  • Terrace
  • Central Air

Community Details

  • 28 Units
  • High-Rise Condominium
  • Id390 Condos
  • Williamsburg,South Subdivision

Listing and Financial Details

  • Legal Lot and Block 1026 / 03032

Property Details

Home Type

Condominium

Est. Annual Taxes

$420

Year Built

Built in 2012

Lot Details

0

HOA Fees

$775 per month

Listing Details

  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg,South
  • Entry Level: 4
  • Structure Type: High Rise
  • Pets No Pets Comments: Pets Allowed,Building Pets Allowed Comments:Pets Allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 930.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other, In Unit
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 775.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: ID390
  • Units: 28
  • Total Stories: 4
  • Year Built: 2012

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 03032
  • Tax Lot: 1026
  • Tax Annual: 420.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
Feb 9, 2024
Sold by
Palm Plaza Investment Inc and Palm Plaza Investment Nv
Bought by
Nguyen Tam and Ormut-Fleishman Alia
Seller's Agent
David Hubschman
Douglas Elliman Real Estate
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Views
61
Current Estimated Value
$1,202,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,031
Avg. Annual Appreciation
0.09%
Original Mortgage
$960,000
Outstanding Balance
$942,258
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$259,773

Purchase Details

Closed on
Mar 28, 2012
Sold by
Lorimer 390 Llc
Bought by
Palm Plaza Investment Inc and Palm Plaza Investment N V
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Nguyen Tam $1,200,000 --
Nguyen Tam $1,200,000 --
Palm Plaza Investment Inc $620,000 --
Palm Plaza Investment Inc $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Tam $960,000
Closed Nguyen Tam $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $1,200,000 -1.5% $1,290 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
11/29/2023 11/29/23 Price Changed $1,218,000 -2.6% $1,310 / Sq Ft
10/26/2023 10/26/23 Price Changed $1,250,000 -3.8% $1,344 / Sq Ft
09/13/2023 09/13/23 Price Changed $1,300,000 0.0% $1,398 / Sq Ft
09/13/2023 09/13/23 For Sale $1,300,000 -3.7% $1,398 / Sq Ft
07/23/2023 07/23/23 Off Market $1,350,000 -- --
07/09/2023 07/09/23 Price Changed $1,350,000 -2.9% $1,452 / Sq Ft
04/28/2023 04/28/23 Price Changed $1,390,000 -2.5% $1,495 / Sq Ft
04/02/2023 04/02/23 For Sale $1,425,000 0.0% $1,532 / Sq Ft
06/11/2015 06/11/15 Rented -- -- --
05/12/2015 05/12/15 Under Contract -- -- --
05/09/2015 05/09/15 For Rent $4,000 +6.7% --
05/30/2014 05/30/14 For Rent $3,750 -- --
05/30/2014 05/30/14 Rented -- -- --
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 $423 $133,628 $6,431 $127,197
2024 $423 $128,910 $6,431 $122,479
2023 $415 $116,329 $6,431 $109,898
2022 $414 $107,506 $6,431 $101,075
2021 $415 $94,860 $6,431 $88,429
2020 $162 $110,005 $6,431 $103,574
2019 $422 $110,005 $6,431 $103,574
2016 $437 $105,718 $6,431 $99,287
2015 $341 $87,642 $6,431 $81,211
2014 $341 $75,922 $6,431 $69,491
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    David Hubschman

    Douglas Elliman Real Estate

    (917) 853-3515

    11 in this area

    17 Total Sales

    David Hubschman
    Section Image

  • R

    Seller Co-Listing Agent in 2024

    Rafael Malka

    Douglas Elliman Real Estate

    (917) 216-7022

    13 in this area

    26 Total Sales

    Rafael Malka
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10933454

Real Estate Board of New York (REBNY)

APN: 03032-1026

New York Kings County Brooklyn 11206 Williamsburg

390 Lorimer St Unit 4E, Brooklyn, NY

Not Listed for Sale

Condos

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