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Sold for $2,500,000
  • $2,500,000

    545 Lorimer St, Brooklyn, NY 11211

    5beds
    3baths
    2,016sqft
    MultiFamily
    Built in 1901
    -- sqft lot
    $2,449,900 Zestimate®
    $1,240/sqft
    $6,486 Estimated rent

    Home value

    $2,449,900

    $2.23M - $2.72M

    $6,486/mo

    Zestimate® history
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    $6,486/mo

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    Rent Zestimate®

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    $12,069/mo

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    $12,069/mo

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    What's special

    Welcome to 545 Lorimer street in Williamsburg. Outstanding, fully renovated in 2012, corner Mixed use building . This 3 story, fully sprinkled building contains a successful restaurant and two apartments. Second floor Incredible renovated three bedroom , one bath apartment with washer/ dryer , 3rd floor two bedrooms , 1 bath with terrace. The apartments features hardwood floors, modern kitchen , renovated bathrooms and ample closet space. Successfully established Restaurant has 10 year lease that started in 2012 . Apartments -one year lease and expire september 2015. Gross income approximately 140k. Ideally located on the Corner of Devoe, one block south of Metropolitan/ Lorimer avenue corner facing L & G subway entrance , easy and fast ride to the City. Over the past 15 years, Williamsburg has developed into one of New York City's most culturally vibrant enclaves.The Brooklyn neighborhood is home to an incredible array of the borough's most creative restaurants, fashion emporiums, music venues and arts organizations. This is a once in a lifetime opportunity. Call now to schedule a private appointment! This deal will not last!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Appliances
    • Included: Washer
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,016 sqft

    Property

    Lot
    • Size: 828 sqft
    Details
    • Parcel number: 027670032

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1901

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    3/24/2026Sold$2,500,000-13.8%$1,240/sqft
    Source: Public Record Report a problem
    6/16/2015Listing removed$2,900,000$1,438/sqft
    Source: Fillmore Real Estate Report a problem
    4/17/2015Listed for sale$2,900,000+241.2%$1,438/sqft
    Source: FILLMORE Real Estate Report a problem
    6/26/2012Sold$850,000-3.4%$422/sqft
    Source: Public Record Report a problem
    3/20/2012Listing removed$880,000$437/sqft
    Source: Century Homes Realty Group LLC #2426121 Report a problem
    11/18/2011Listed for sale$880,000$437/sqft
    Source: Century Homes Realty Group LLC #2426121 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,881 +4.7%$133,860 +9.3%
    2024$4,661 $122,460 +13.1%
    2023-- $108,240 +22.4%
    2022-- $88,440 +14.2%
    2021-- $77,460 +81.8%
    2020$4,339 +6%$42,600
    2019$4,094 +7.2%$42,600 +133.5%
    2018$3,817 +2.6%$18,247
    2017$3,720 +5.1%$18,247 +0.8%
    2016$3,541 $18,107 +6%
    2015$3,541 +70.5%$17,083 +6%
    2014$2,076 $16,117

    Find assessor info on the county website

    Neighborhood: Williamsburg

    Nearby schools

    GreatSchools rating