NOT LISTED FOR SALE

490 Lorimer St Unit 4 A Brooklyn, NY 11211

Williamsburg Neighborhood

Estimated Value: $1,567,000

2 Beds
2 Baths
1,094 Sq Ft
$527/mo HOA Fee

Last Sold December 07, 2023

Last sale price $1,600,000 $1,463 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,733/month

3 Days on Market

Highlights

  • New Construction
  • 3-minute walk to Lorimer Street (L Line)
  • High-Rise Condominium
  • P.S. 132 The Conselyea School Rated A-

About This Home

As of December 2023

Nestled in the heart of Williamsburg, 490 Lorimer St. is a brand-new development featuring 9 spacious and light filled homes ranging from a studio duplex to 1, 2- and 3-bedroom layouts. All apartments have high ceilings and come with their very own private outdoor space. Plus there is parking and storage available for sale.

Each unit is a thoughtful blend of attention to detail and open-concept modern living. Features include wide plank European oak floors, a ton of natural light through oversized windows, in-unit washer/dryer, central heating and cooling, lovely bathrooms with chic fixtures and finishes, and spacious modern kitchens featuring Caesarstone countertops and tile backsplash, built in wine fridge, breakfast counters and high-end appliances from Bertazzoni, Liebherr and LG.

Unit 4A is an impeccably designed 1,094 Sf apartment, bathed in natural light that exudes contemporary elegance with 2 large bedrooms, 2 sleek full bathrooms featuring heated floors, and oversized windows with triple pane glass throughout. Direct elevator entry brings you into a gracious layout, with high ceilings and a welcoming open floorplan for relaxing, dining, and entertaining. The large living and dining area has floor-to-ceiling windows and flows directly to your outdoor balcony through sliding doors. The large kitchen is styled with tasteful cabinetry, generous island for extra seating and a separate laundry/storage room. For the chef in you, there is a Bertazzoni Master Series 5-burner stove/range, Liebherr paneled refrigerator, Bertazzoni dishwasher, built in drawer microwave, and Summit wine fridge for your favorite vintage.

Conveniently located in prime Williamsburg, 490 Lorimer is surrounded by a large and diverse array of restaurants, bars, cafes, and shops and just minutes away from both the G and L subway trains. Amenities include a bicycle room, private storage and on-site parking available for purchase, and a spacious rooftop deck with soaring city views of the Manhattan skyline.

The complete offering terms are in an offering plan available from sponsor. 490 Lorimer Street Condominium, File no. CD21-0036. Sponsor: HESY DIAMOND, LLC, 1224 Anderson Avenue, Suite 2 Fort Lee, New Jersey 07024.

Last Agent to Sell the Property

Anthony Robles

Douglas Elliman Real Estate License #10401235810 Listed on: 07/31/2023

Douglas Elliman Real Estate

Co-Listed By

Aran Scott

Douglas Elliman Real Estate License #40SC1156403

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,044

Year Built

  • Built in 2023 | New Construction

HOA Fees

  • $527 Monthly HOA Fees

Home Design

  • 1,094 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in unit
  • No Cooling

Community Details

  • 9 Units
  • High-Rise Condominium
  • Williamsburg,North Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 02780

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,044

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$527 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg,North
  • Entry Level: 4
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Fireplace: No
  • Living Area: 1094.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 527.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: Yes
  • Units: 9
  • Total Stories: 5
  • Year Built: 2023

Tax Info

  • Tax Block: 02780
  • Tax Lot: 0000
  • Tax Annual: 10044.0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Sold $1,600,000 +3.2% $1,463 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $1,550,000 -- $1,417 / 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
2024 $10,677 $85,400 $20,628 $64,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10923215

Real Estate Board of New York (REBNY)

APN: 02780-1007