The Artisan

The Artisan is a condo located 406 Lorimer Street, in East Williamsburg, Brooklyn. The building was first built in 2005 and is 21 years old. The lot that the building was built on is 40 feet wide and 60 feet long. The official lot area is listed as 2,400 square feet. The building itself is 33 feet wide and 60 feet long. In total, 406 Lorimer Street has a total floor area of 8,243 square feet. Of that, 7,519 square feet are used for residential purposes. About 724 square feet of the building are used for commercial purposes. Additionally, the building has a 306 square feet garage. There are a total of 16 units. Of those, 8 are residential units. There are 8 commercial units. 406 Lorimer Street has a total of 5 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 23 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 171 days Meaning, listings tend to sell at a median of $884 price per square foot. The transaction that took the longest to complete was unit G, listed on May 16, 2019 for $995,000. This particular unit ultimately sold 238 days later for $950,000. The most recent transaction was for unit A, which was first advertised on Mar 22, 2022, sold for $1,005,000 on Sep 14, 2022. Fun fact, the oldest transaction we have on record took place on Nov 02, 1967. See the full transaction history for The Artisan below.

East Williamsburg, where 406 Lorimer Street is located, has a median asking price of $1,195,000 for condo buildings. Meanwhile, the building itself has a median asking price of $957,500. For interested buyers, that means the building's median asking price is around 0.20% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $1,095,000. It is a 954 sqft 2-bedroom and 1-bathroom unit.