NOT LISTED FOR SALE

494 Lorimer St Unit 2F Williams, NY 11211

Williamsburg Neighborhood

Estimated Value: $3,290,656

1 Bed
1 Bath
-- Sq Ft
1950 Built

About This Home

As of March 2018

2 MONTHS FREE ON A 12 YR LEASE. Net effective rent listed, Gross rent is $2,575. Prime Williamsburg, true one-bedroom in a great location. Newly renovated, with beautiful hard wood floors, stainless steel appliances and large windows providing great natural light. The kitchen/living room is very spacious, with a "great room" feel. The bedroom is very large as well and can easily fit a king sized bed. Pets are on a case by case basis. Just steps from hot spots such as Barcade, Huckelberry Bar and Campbell Cheese & Grocery. Only two blocks from the Metropolitan G and the Lorimer L subway stops. Contact Lisa to schedule a showing.

Property Details

Home Type

  • Condo-Op

Year Built

  • 1950

Home Design

  • Entry on the 99th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • No Cooling

Community Details

  • Williams Subdivision

Listing and Financial Details

  • Property Available on 1/29/18

Property Details

Home Type

Condo-Op

Year Built

1950

Lot Details

0

Rental Info

  • Available Date: 2018-01-29

Listing Details

  • Cross Street: Grand St to Powers St
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: WILLIAMS
  • Entry Level: 99
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 0
  • Year Built (Public Record): 1950

Interior Features

  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Cooling: No

Condo/Co-op/Association

  • Common Interest: Condop

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Lorimer St Associates Llc
Bought by
494 Lorimer Property Llc
Current Estimated Value
$3,290,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,145
Outstanding Balance
$64,595
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2010
Sold by
494 Lorimor Llc
Bought by
Lorimer St Associates Llc

Purchase Details

Closed on
Oct 31, 2005
Sold by
Lorimer Realty Corp
Bought by
494 Lorimor Llc

Purchase Details

Closed on
May 7, 1999
Sold by
Picciano Nicholas J
Bought by
Lorimer Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
10%
Mortgage Type
Seller Take Back
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
494 Lorimer Property Llc $2,950,950 --
494 Lorimer Property Llc $2,950,950 --
494 Lorimer Property Llc $2,950,950 --
Lorimer St Associates Llc $940,000 --
Lorimer St Associates Llc $940,000 --
494 Lorimor Llc $1,500,000 --
494 Lorimor Llc $1,500,000 --
Lorimer Realty Corp $240,000 First American Title Ins Co
Lorimer Realty Corp $240,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 494 Lorimer Property Llc $71,145
Closed 494 Lorimer Property Llc $71,145
Previous Owner Lorimer Realty Corp $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2018 03/13/18 Rented -- -- --
02/11/2018 02/11/18 Under Contract -- -- --
01/23/2018 01/23/18 For Rent $2,625 +1.0% --
12/21/2016 12/21/16 Rented -- -- --
11/21/2016 11/21/16 Under Contract -- -- --
11/02/2016 11/02/16 For Rent $2,600 -- --
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 $10,440 $579,600 $25,200 $554,400
2024 $10,440 $640,800 $25,200 $615,600
2023 $10,016 $579,150 $25,200 $553,950
2022 $9,463 $724,050 $25,200 $698,850
2021 $8,999 $579,150 $25,200 $553,950
2020 $4,202 $632,250 $25,200 $607,050
2019 $8,780 $634,500 $25,200 $609,300
2018 $8,680 $202,389 $8,061 $194,328
2017 $8,259 $187,398 $8,673 $178,725
2016 $7,976 $173,517 $8,762 $164,755
2015 $5,580 $160,664 $9,218 $151,446
2014 $5,580 $160,664 $10,511 $150,153
Source: Public Records

Agents Affiliated with this Home

  • Kurt Vikki

    Seller Co-Listing Agent in 2016

    Kurt Vikki

    Compass

    (917) 642-0908

    27 Total Sales

    Kurt Vikki
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10221694

Real Estate Board of New York (REBNY)

APN: 02780-0005

New York Kings County Brooklyn 11211 Williamsburg

494 Lorimer St Unit 2F, Brooklyn, NY

Not Listed for Sale

Coop

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