494 Lorimer Street, Brooklyn, NY 11211

494 Lorimer Street, Brooklyn, NY 11211 is a 4-story mixed residential and retail building, built in 1950, with 6 residential units, on a 1,875 sq ft lot. The city's 2027 market value is $1,540,000. It last sold on 09/24/2021 for $2,950,950. City records list 28 violations (3 open), 9 mortgages and 1 sale for this lot.

1. 2027City market value set at $1,540,000
2. 09/24/2021Sold for $2,950,950
3. 2007Building altered
4. 1950Building completed

Address

494 Lorimer Street

Borough

Brooklyn

Zip code

11211

Block & lot

02780-0005

BBL

3027800005

Condo number

—

Community district

301

School district

14

Council district

34

Historic district

—

Owner

Locked. Included in the full report.Unlock owner name for free

Property type

Mixed residence and store (S5)

Square feet

5,155 sq ft

Building dimensions

Locked. Included in the full report.

Stories

4

Year built

1950

Year altered

2007

Residential units

6

Total units

7

Buildings on lot

1

Lot sq ft

1,875

Lot dimensions

25 ft x 75 ft

Zoning

Locked. Included in the full report.

FAR

Locked. Included in the full report.

Buildable area

Locked. Included in the full report.

Market value

$1,540,000

Tax year

2027

Last sale date

09/24/2021

Last sale price

$2,950,950

Tax amount

Locked. Included in the full report.

Loan amount

Locked. Included in the full report.

• Pre-foreclosureAny open foreclosure case on the lot: plaintiff, filing date, case type and court status.
• Owner & contacts· 24 people and companiesOwner of record is a companyOwner of record, deed owners, mailing address, registered officers and managing agent, permit applicants.
• Sales history· 1 saleEvery priced sale on the lot, with unit and building class at the time of sale.
• Financials· 9 mortgagesOpen mortgages, lenders, loan amounts, recording and maturity dates, estimated equity.
• Tax· 5 years of assessmentsAnnual tax bill, tax class and assessment history by roll year.
• Permits· 23 permitsBuilding permit filings, job types, status and estimated cost.
• DevelopmentZoning districts, residential, commercial and facility FAR, unused air rights.
• Violations· 28 violations3 open · $1,875 balance dueOpen and closed housing and building violations with balances due.

When was 494 Lorimer Street built?

494 Lorimer Street was built in 1950 and altered in 2007, according to the city's lot file.

How many units does 494 Lorimer Street have?

494 Lorimer Street has 7 units, 6 of them residential across 4 stories.

When did 494 Lorimer Street last sell?

It last sold on 09/24/2021 for $2,950,950, according to the city's recorded sales.

What is 494 Lorimer Street worth?

The city's 2027 market value for 494 Lorimer Street is $1,540,000. That is the city's assessment estimate, not an appraisal or an asking price.

Who owns 494 Lorimer Street?

Create a free Hercules account to see the owner of record for 494 Lorimer Street. The full report adds the deed owners, the mailing address and the people named on the building's registrations.

• 32 Devoe StreetOne family dwelling (A5) · 3,150 sq ft
• 34 Devoe StreetOne family dwelling (A1) · 4,080 sq ft
• 38 Devoe StreetWalk-up apartments (C2) · 7,544 sq ft
• 44 Devoe StreetTwo family dwelling (B9) · 2,175 sq ft
• 46 Devoe StreetOne family dwelling (A9) · 1,350 sq ft
• 48 Devoe StreetTwo family dwelling (B1) · 1,620 sq ft
• 50 Devoe StreetTwo family dwelling (B9) · 1,350 sq ft
• 52 Devoe StreetTwo family dwelling (B9) · 1,470 sq ft

City market value and tax year

Market value is the city's estimate for tax purposes. This is not a current sale price or an appraisal.

Valuation tax year: 2027

Recorded sale

Latest recorded sale date: 09/24/2021

Refresh dates are not available in this preview. The tax year and sale date describe the records, not when Hercules last refreshed them.

Product facts · Market value, assessed value and sale price explained