NOT LISTED FOR SALE

Estimated Value: $2,139,000 - $3,173,878

Studio
-- Bath
2,450 Sq Ft
$1,113/Sq Ft Est. Value

Last Sold August 18, 2015

Last sale price $2,195,000 $896 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $14,794/month

74 Days on Market

Highlights

  • Pre War Building
  • P.S. 34 Oliver H Perry Rated A-
  • 2-minute walk to Nassau Avenue

About This Home

As of August 2015

Location, Space and Endless Opportunities!

This three-story townhouse with English basement offers 3,400 square feet of endless opportunities. Turn it into a stunning single family house with a sunny backyard, a two-family house with a large owner's duplex and a rental unit or keep it as a three-family house and collect high income. The choice is yours!

From the moment you walk into this well-kept townhouse rich with prewar details, you know you have arrived home. Soaring ceilings and bright sunlight accompany you wherever you go in the house. Your gorgeous private backyard with South and West exposures offers 850 square feet of fun and leisure just in time for BBQ season.

925 Lorimer Street is located in prime Williamsburg / Greenpoint, the hottest neighborhoods in NYC. Everything is at your doorsteps: blooming McCarren Park, Five Leaves Café, Beacon's Closet, Peter Pan doughnuts, The Wythe Hotel, Brooklyn Bowl, Bushwick Inlet Park and many more cool bars, restaurants, music venues shops and galleries.

925 Lorimer Street offers easy access to Manhattan and to other great Brooklyn neighborhoods. Walk to the L train on Bedford Avenue, taking you to the heart of Manhattan in minutes, take the G train, just a block away, to travel further into Brooklyn or jump on the East River Ferry to get to midtown Manhattan or Wall Street in just a few minutes.

Don't miss this rare opportunity.

Contact us today to schedule a private showing.

Last Agent to Sell the Property

Yuval Vidal

Compass License #30VI1008300 Listed on: 05/01/2015

Compass

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,655

Home Design

  • Pre War Building

Interior Spaces

  • 2,450 Sq Ft Home
  • 4-Story Property

Community Details

  • 3 Units
  • Greenpt Subdivision

Listing and Financial Details

  • Tax Block 2644

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cross Street: Bedfored Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: GREENPT
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 2450.0
  • Living Area Units: Square Feet

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 3
  • Total Stories: 4

Tax Info

  • Tax Block: 2644

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Aug 10, 2015
Sold by
Corrigan Mariah M
Bought by
Baicy Kate and Rudder Christian
Seller's Agent
Yuval Vidal
Compass
List Price
$2,195,000
Sold Price
$2,195,000
Current Estimated Value
$2,725,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,970
Avg. Annual Appreciation
2.10%
Original Mortgage
$1,536,500
Outstanding Balance
$1,210,908
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,515,062

Purchase Details

Closed on
Mar 15, 2000
Sold by
Kaminsky Julian
Bought by
Herder Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
8.3%
Source: Public Records
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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
Baicy Kate $2,195,000 --
Herder Jonathan $295,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baicy Kate $1,536,500
Previous Owner Herder Jonathan $265,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $2,195,000 -- --
08/18/2015 08/18/15 Sold $2,195,000 0.0% $896 / Sq Ft
07/19/2015 07/19/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $2,195,000 -- $896 / 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
2025 $6,477 $113,640 $14,100 $99,540
2024 $6,477 $117,300 $14,100 $103,200
2023 $6,490 $143,940 $14,100 $129,840
2022 $6,022 $126,540 $14,100 $112,440
2021 $5,994 $105,300 $14,100 $91,200
2019 $5,621 $127,680 $14,100 $113,580
2016 $4,745 $23,736 $6,109 $17,627
2015 $2,640 $23,736 $9,164 $14,572
2014 $2,640 $22,394 $8,646 $13,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10061043

Real Estate Board of New York (REBNY)

APN: 02644-0033