NOT LISTED FOR SALE

951 Lorimer St Brooklyn, NY 11222

Greenpoint Neighborhood

Estimated Value: $2,114,000 - $3,447,000

3 Beds
3 Baths
3,300 Sq Ft
$834/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $2,047,500 $620 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $15,660/month

33 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 February 2019

LOCATION LOCATION LOCATION : Welcome to 951 Lorimer Street conveniently situated a stones throw from the Nassau G train and Mccarren Park with the best retail in Brooklyn around the corner. This 3 family building boasts spacious floor thru apartments with high ceilings and multi function layouts. This 3 story home sits on a 18.75 x 100 lot and the building is 55 feet deep. Currently situated as 1 bedroom 1 bath apartments with multiple entrances, each unit could easily be reconfigured to add bedrooms or create an open kitchen concept. Each unit boasts 10 ft ceilings and 1100 sqft making the building currently 3300 est with a 1000 sqft basement. In need of a bit of TLC, this home would be ideal for an owner looking to create a custom home by maximizing the allowable FAR. The end user could duplex the basement and first floor while expanding into the back yard. This is also a good home for property owners looking to expand their portfolio of buildings with a value add renovation. The home will be delivered vacant. Please call for a private showing, 48 hours notice is needed for the tenants.

Last Agent to Sell the Property

Marcus Schott

REAL BROKER LLC License #10401222658 Listed on: 10/12/2018

REAL BROKER LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,046

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 18.67 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Greenpoint Subdivision

Listing and Financial Details

  • Legal Lot and Block 21 / 2644

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,046

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: Bedford Avenue/Norman Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Greenpoint
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 3300.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

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

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 18.67 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 2644
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Feb 19, 2019
Sold by
Kenneth Burke As Executor
Bought by
951 Lorimer Llc
Seller's Agent
Marcus Schott
REAL BROKER LLC
List Price
$2,047,500
Sold Price
$2,047,500
Current Estimated Value
$2,753,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,050
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
Feb 19, 1998
Sold by
Sanseverino Robert Thomas and Sanseverino Mary Ann
Bought by
Burke Gary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.89%
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
951 Lorimer Llc $2,047,500 --
Burke Gary J $220,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Gary J $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2019 02/19/19 Sold $2,047,500 0.0% $620 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $2,047,500 -- $620 / 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 $12,046 $188,280 $72,000 $116,280
2024 $12,046 $148,740 $72,000 $76,740
2023 $11,925 $132,060 $72,000 $60,060
2022 $8,470 $120,300 $72,000 $48,300
2021 $11,483 $131,940 $72,000 $59,940
2020 $8,612 $123,540 $72,000 $51,540
2019 $6,871 $112,440 $17,100 $95,340
2018 $6,184 $31,798 $4,283 $27,515
2017 $5,817 $30,007 $5,589 $24,418
2016 $5,354 $28,334 $7,127 $21,207
2015 $3,194 $28,315 $10,698 $17,617
2014 $3,194 $27,370 $10,341 $17,029
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Marcus Schott

    REAL BROKER LLC

    (718) 536-7214

    1 Total Sale

    Marcus Schott
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10509065

Real Estate Board of New York (REBNY)

APN: 02644-0021

New York Kings County Brooklyn 11222 Greenpoint

951 Lorimer St, Brooklyn, NY

This home is located at 951 Lorimer St, Brooklyn, NY 11222 since 12 October 2018 and is currently estimated at $2,753,550, approximately $834 per square foot. This property was built in 1901. 951 Lorimer St is a home located in Kings County with nearby schools including P.S. 34 Oliver H Perry, Northside Charter High School, and St. Stanislaus Kostka Catholic Academy.

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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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