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The Artisan

406 Lorimer Street, Brooklyn, NY 11206
1 Units For Sale
Unit for sale at 406 Lorimer Street, Brooklyn, NY 11206

$1,175,000

  • 2 Beds
  • 1 Bath
  • 832 ft²
406 Lorimer Street #C, Brooklyn, NY 11206 Listing by Tali Berzak

The Artisan is a condo located 406 Lorimer Street, in East Williamsburg, Brooklyn. The building was first built in 2005 and is 19 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. Better yet, washer and dryers are allowed in each unit. 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 $1,100,000 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 0.13% 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 $1,175,000. It is a 832 sqft 2-bedroom and 1-bathroom unit.

Building Features

Facilities

Storage Available

Laundry

Washer / Dryer Allowed

Pet Policy

Dogs Allowed / Cats Allowed

Condition

New Construction

Outdoor Space

Terrace

Ownership & Occupancy

Pied-à-Terre Allowed
This property description is generated based on publicly available data.

7 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220322 Unit A
03/22/2022
A
2 Bed
2 Bath
1300 ft²
$1,100,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1300 ft²
$1,005,000 -8.64%
09/14/2022
Jennifer Carlson
Corcoran Group
20190516 Unit G
05/16/2019
G
2 Bed
1 Bath
872 ft²
$995,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
872 ft²
$950,000 -4.52%
01/09/2020
Grigoriy Vladimirskiy
Serhant LLC
20180619 Unit G
06/19/2018
G
2 Bed
1 Bath
-
$1,099,000
bedrooms
2 Bed
bathrooms
1 Bath
-
-
-
-
20180530
05/30/2018
2 Bed
1 Bath
-
-
bedrooms
2 Bed
bathrooms
1 Bath
-
-
-
-
20160401 Unit B
04/01/2016
B
2 Bed
1 Bath
1257 ft²
$965,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1257 ft²
$965,000
09/13/2016
Jennifer Carlson
Corcoran Group
20150531 Unit F
05/31/2015
F
1 Bed
1 Bath
954 ft²
$949,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
954 ft²
-
06/10/2015
Jennifer Carlson
Corcoran Group
20140213 Unit E
02/13/2014
E
2 Bed
1 Bath
900 ft²
$649,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
900 ft²
$740,000 +14.02%
12/19/2013
-
Roni Dotan
The Corcoran Group

Building Info

Overview

    General

  • Year Built: 2005
  • Building Count: 1
  • Floor Count: 5
  • Total Unit Count: 16
  • Residential Unit Count: 8
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 2,400
  • Lot Size Depth Feet: 60
  • Lot Size Frontage Feet: 40
  • Building Depth: 60
  • Building Frontage: 33
  • Gross Building Area: 8,243

    Building Floor Area

  • Residential Building Floor Area: 7,519
  • Commercial Building Floor Area: 724
  • Garage Building Floor Area: 306
  • Storage Building Floor Area: 418

    Floor Area Ratio

  • Built Floor Area Ratio: 3
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: RD
  • Lot Type: 3
  • Land Use: 03
  • Irregular Lot Code: N

Neighborhood

  • Community District: 301
  • City Council District: 34
  • Police Precinct: 90
  • Fire Company: E216
  • Health Area: 1500
  • Sanitation District Borough: 3
  • Sanitation Subsection: 5A
  • School District: 14

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6B

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 3023
  • Lot: 7505
  • Borough Block Lot: 3030237505

    Address

  • Full Address: 406 Lorimer Street
  • Condominium Number: 2920
  • Zip Code: 11206

Valuation

    Assessments Valuation

  • Assessed Total Value: $835,647
  • Assessed Land Value: $53,998

    Exemptions

  • Exempt Total Value: $788,425
  • Exempt Land Value: $0

About Northern Brooklyn




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Frequently Asked Questions

What neighborhood is 406 Lorimer Street located in?
The 406 Lorimer Street is a condo located in the neighborhood of East Williamsburg in Northern Brooklyn, Brooklyn.
How many listings are currently for sale in 406 Lorimer Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 406 Lorimer Street?
The average sales price for units in 406 Lorimer Street is $957,500 , or $884/sqft. currently.

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