516 Lorimer Street, Brooklyn, NY 11211

516 Lorimer Street, Brooklyn, NY 11211 is a 3-story walk-up apartment building, built in 1899, with 4 residential units, on a 2,000 sq ft lot. The city's 2027 market value is $1,902,000. It last sold on 03/17/2022 for $3,226,000. City records list 17 violations, 7 mortgages and 2 sales for this lot.

1. 2027City market value set at $1,902,000
2. 03/17/2022Sold for $3,226,000
3. 1899Building completed

Address

516 Lorimer Street

Borough

Brooklyn

Zip code

11211

Block & lot

02774-0007

BBL

3027740007

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

Walk-up apartments (C3)

Square feet

3,992 sq ft

Building dimensions

Locked. Included in the full report.

Stories

3

Year built

1899

Year altered

—

Residential units

4

Total units

4

Buildings on lot

1

Lot sq ft

2,000

Lot dimensions

20 ft x 100 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

$1,902,000

Tax year

2027

Last sale date

03/17/2022

Last sale price

$3,226,000

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· 16 people and companiesOwner of record is a companyOwner of record, deed owners, mailing address, registered officers and managing agent, permit applicants.
• Sales history· 2 salesEvery priced sale on the lot, with unit and building class at the time of sale.
• Financials· 7 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· 15 permitsBuilding permit filings, job types, status and estimated cost.
• DevelopmentZoning districts, residential, commercial and facility FAR, unused air rights.
• Violations· 17 violationsOpen and closed housing and building violations with balances due.

When was 516 Lorimer Street built?

516 Lorimer Street was built in 1899, according to the city's lot file.

How many units does 516 Lorimer Street have?

516 Lorimer Street has 4 units across 3 stories.

When did 516 Lorimer Street last sell?

It last sold on 03/17/2022 for $3,226,000, according to the city's recorded sales.

What is 516 Lorimer Street worth?

The city's 2027 market value for 516 Lorimer Street is $1,902,000. That is the city's assessment estimate, not an appraisal or an asking price.

Who owns 516 Lorimer Street?

Create a free Hercules account to see the owner of record for 516 Lorimer Street. The full report adds the deed owners, the mailing address and the people named on the building's registrations.

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• 572 Metropolitan AvenueWalk-up apartments (C0) · 2,400 sq ft
• 574 Metropolitan AvenueMixed residence and store (S2) · 3,380 sq ft
• 578 Metropolitan AvenueTwo family dwelling (B2) · 1,800 sq ft
• 569 Lorimer StreetTwo family dwelling (B3) · 1,620 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: 03/17/2022

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