NOT LISTED FOR SALE

392 Lorimer St Brooklyn, NY 11206

Williamsburg Neighborhood

Estimated Value: $1,441,000 - $2,328,000

6 Beds
3 Baths
2,205 Sq Ft
$860/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2024

Last sale price $1,900,000 $862 Per Sq Ft

Current estimated payment $10,522 / mo

42 Days on Market

About This Home

As of October 2024

How about starting 2024 with a brilliant investment? 392 Lorimer in prime East Williamsburg offers you two options to do just that.

Option One: this gorgeous legal 3-family brick townhouse is currently set up as 3, two bedroom and 1-bathroom rentals and has a very impressive 6% Cap Rate.

Option Two: the seller already has approved plans to convert this beauty into a 6-unit boutique condo building. The hard part is already taken care of. Now you can reap the benefits.

This rock solid, bright and beautiful townhouse is smack dab in the middle of what renters and buyers alike are clamoring for in this prime East Williamsburg location - shops, restaurants and boutiques and transportation (welcome back L-train!) At 21.5 feet wide and a stunning 100' deep lot, making 392 Lorimer boost your bottom-line whatever option you choose is clearly the best decision you could make all year long.

Last Agent to Sell the Property

MARK MARTOV

Corcoran Group License #10401264653 Listed on: 02/06/2024

Corcoran Group

Co-Listed By

Brooke Koropatnick

Corcoran Group License #10401244251

Last Buyer's Agent

Direct Deal Listing

Direct Deal License #A

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,336

Year Built

  • Built in 1930

Lot Details

  • 2,108 Sq Ft Lot
  • Lot Dimensions are 100.00x21.08

Home Design

  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Additional Features

  • 3-Story Property
  • No Cooling

Community Details

  • 3 Units
  • Williamsburg Subdivision

Listing and Financial Details

  • Legal Lot and Block 0002 / 03032

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,336

Year Built

Built in 1930

Lot Details

2,108 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2108.0
  • Lot Size Dimensions: 100.00x21.08

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1930

Tax Info

  • Tax Block: 03032
  • Tax Lot: 0002
  • Tax Annual: 3336.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Oct 15, 2024
Sold by
Bought by
Seller's Agent
MARK MARTOV
Corcoran Group
Buyer's Agent
Direct Deal Listing
Direct Deal
List Price
$1,999,995
Sold Price
$1,900,000
Premium/Discount to List
-$99,995
-5%
Views
5
Current Estimated Value
$1,896,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,000
Avg. Annual Appreciation
-0.12%
Original Mortgage
$1,140,000
Outstanding Balance
$1,119,454
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$776,546

Purchase Details

Closed on
May 11, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,950
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,900,000 --
-- --
-- --
$995,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,140,000
Closed $17,950
Closed $800,000
Closed $150,000
Closed $300,000
Closed $244,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/15/2024 10/15/24 Sold $1,900,000 -5.0% $862 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $1,999,995 -- $907 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,367 $111,180 $16,620 $94,560
2025 $3,332 $127,620 $16,620 $111,000
2024 $3,332 $114,180 $16,620 $97,560
2023 $3,179 $118,920 $17,340 $101,580
2022 $2,954 $106,080 $17,340 $88,740
2021 $2,940 $98,640 $17,340 $81,300
2019 $2,892 $93,900 $17,340 $76,560
2018 $2,659 $13,046 $3,488 $9,558
2017 $2,513 $12,330 $3,302 $9,028
2016 $2,328 $11,643 $2,651 $8,992
2015 $1,403 $11,643 $3,864 $7,779
2014 $1,403 $11,520 $4,590 $6,930
Source: Public Records

Agents Affiliated with this Home

  • MARK MARTOV

    Seller's Agent in 2024

    MARK MARTOV

    Corcoran Group

    (212) 355-3550

    1 in this area

    64 Total Sales

    MARK MARTOV
    Section Image

  • B

    Seller Co-Listing Agent in 2024

    Brooke Koropatnick

    Corcoran Group

    (848) 992-6163

    1 in this area

    17 Total Sales

    Brooke Koropatnick
    Section Image

  • D

    Buyer's Agent in 2024

    Direct Deal Listing

    Direct Deal

See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10964290

Real Estate Board of New York (REBNY)

APN: 03032-0002

New York Kings County Brooklyn 11206 Williamsburg

392 Lorimer St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This 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.

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