NOT LISTED FOR SALE

524 Lorimer St Unit 3 New York City, NY 11211

Williamsburg Neighborhood

Estimated Value: $5,386,750

2 Beds
1 Bath
-- Sq Ft
1,612 Sq Ft Lot

Highlights

  • Pre War Building
  • 2-minute walk to Lorimer Street (L Line)
  • 5-minute walk to Father Giorgio Triangle
  • P.S. 132 The Conselyea School Rated A-

About This Home

As of October 2019

No Fee! Available immediately- Gut renovated and generously proportioned two bedroom one bathroom apartment just 2 blocks from the Lorimer L/G train. Enter this bright home on a private second floor landing. The oak floors are in top condition, and the kitchen brings a touch of country to the City with its butcher block countertops and neatly appointed backsplash and cabinets. This expertly crafted apartment features central air and a dishwasher. Exposed brick, the original bulkhead ladder and a beautifully restored mantle add to the character of this lovely home.

524 Lorimer Street is located on one of the most convenient and culturally rich corridors in Brooklyn that features a mix of trendy restaurants and nightlife such as Kings County Imperial, Zona Rosa and Le Barricou as well as neighborhood mainstays Bamonte's and Fortunato Brothers all within a few blocks. Also nearby are McCarren Park, the Leonard branch Library, and Sunac Natural Foods grocery.

Standard credit, background and references required. Guarantors OK. Sorry, no pets or smokers. Shown by appointment only.

Last Agent to Rent the Property

Greg Klein

Brown Harris Stevens Residential Sales LLC License #10401265569 Listed on: 09/18/2019

Brown Harris Stevens Residential Sales LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,761

Year Built

  • Built in 1899

Lot Details

  • 1,612

Home Design

  • Pre War Building

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • 3 Units
  • East Williamsburg Subdivision

Listing and Financial Details

  • Property Available on 9/18/19

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,761

Year Built

Built in 1899

Lot Details

0

Rental Info

  • Available Date: 2019-09-18

Listing Details

  • Cross Street: POWERS STREET and AINSLIE STREET
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: East Williamsburg
  • Architectural Style: Prewar
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2016
Sold by
Hm Ventures Group 4 Llc
Bought by
524 Lorimer Llc
Current Estimated Value
$5,386,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 16, 2013
Sold by
The First Rose Llc
Bought by
Hm Ventures Group 4 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,761
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2008
Sold by
Degruccio Paul and % Matthews & Co Llp
Bought by
The First Rose Llc

Purchase Details

Closed on
Feb 27, 2004
Sold by
Degruccio Charles
Bought by
Degruccio Paul and Mangione Rosemarie

Purchase Details

Closed on
Oct 10, 2003
Sold by
Degruccio Thomas N
Bought by
Degruccio Charles and De Gruccio Paul
Source: Public Records

Range of Values:

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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
524 Lorimer Llc $4,000,000 --
524 Lorimer Llc $4,000,000 --
Hm Ventures Group 4 Llc $1,700,000 --
Hm Ventures Group 4 Llc $1,700,000 --
The First Rose Llc -- --
The First Rose Llc -- --
Degruccio Paul -- --
Degruccio Paul -- --
Degruccio Charles -- --
Degruccio Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 524 Lorimer Llc $0
Open 524 Lorimer Llc $498,156
Closed 524 Lorimer Llc $498,156
Previous Owner Hm Ventures Group 4 Llc $393,761
Closed Degruccio Paul $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2019 10/23/19 Rented -- -- --
09/23/2019 09/23/19 Under Contract -- -- --
09/18/2019 09/18/19 For Rent $3,500 -- --
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 $5,761 $151,320 $9,060 $142,260
2024 $5,761 $135,420 $9,060 $126,360
2023 $5,665 $119,700 $9,060 $110,640
2022 $5,517 $93,960 $9,060 $84,900
2021 $4,902 $80,460 $9,060 $71,400
2020 $1,371 $50,940 $9,060 $41,880
2019 $5,000 $44,280 $9,060 $35,220
2018 $4,738 $23,244 $5,707 $17,537
2017 $4,694 $23,028 $6,058 $16,970
2016 $4,474 $22,381 $7,070 $15,311
2015 $2,245 $21,115 $8,011 $13,104
2014 $2,245 $19,920 $9,060 $10,860
Source: Public Records

Agents Affiliated with this Home

  • Greg Klein

    Landlord's Agent in 2019

    Greg Klein

    Brown Harris Stevens Residential Sales LLC

    (212) 593-8300

    1 in this area

    24 Total Sales

    Greg Klein
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10566215

Real Estate Board of New York (REBNY)

APN: 02774-0010

New York Kings County New York 11211 Williamsburg

524 Lorimer St Unit 3, New York, NY

This home is located at 524 Lorimer St Unit 3, New York City, NY 11211 since 18 September 2019 and is currently priced at $5,386,750. This property was built in 1899. 524 Lorimer St Unit 3 is a home located in Kings County with nearby schools including P.S. 132 The Conselyea School.

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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. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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