See Home Value
$970,000
● Condo - Off Market

490 LORIMER Street #2B

Brooklyn, NY 11211
bedrooms
1 Bed
bathrooms
1 Bath
square feet
660 Ft²
$5,609
Est. Monthly
$319
HOA / Fees
4.53%
Cap Rate

About This Property

Nestled in the heart of Williamsburg, 490 Lorimer St. is a brand-new development featuring 9 spacious and light filled homes ranging from a studio duplex to 1, 2- and 3-bedroom layouts. All apartments have high ceilings and come with their very own private outdoor space. Plus there is parking and storage available for sale.

Each unit is a thoughtful blend of attention to detail and open-concept modern living. Features include wide plank European oak floors, a ton of natural light through oversized windows, in-unit washer/dryer, central heating and cooling, lovely bathrooms with chic fixtures and finishes, and spacious modern kitchens featuring Caesarstone countertops and tile backsplash, built in wine fridge, breakfast counters and high-end appliances from Bertazzoni, Liebherr and LG.

Unit 2B is an impeccably designed 660 Sf apartment, bathed in natural light that exudes contemporary elegance with 1 large bedroom, 1 sleek bathroom featuring heated floors, and oversized windows with triple pane glass throughout. Direct elevator entry brings you into a gracious layout, with high ceilings and a welcoming open floorplan for relaxing, dining, and entertaining. The large living and dining area has floor-to-ceiling windows and flows directly to your outdoor balcony through sliding doors. The large kitchen is styled with tasteful cabinetry, generous island for extra seating and a separate laundry/storage room. For the chef in you, there is a Bertazzoni Master Series 5-burner stove/range, Liebherr paneled refrigerator, Bertazzoni dishwasher, and Summit wine fridge for your favorite vintage.

Conveniently located in prime Williamsburg, 490 Lorimer is surrounded by a large and diverse array of restaurants, bars, cafes, and shops and just minutes away from both the G and L subway trains. Amenities include a bicycle room, private storage and on-site parking available for purchase, and a spacious rooftop deck with soaring city views of the Manhattan skyline.

The complete offering terms are in an offering plan available from sponsor. 490 Lorimer Street Condominium, File no. CD21-0036. Sponsor: HESY DIAMOND, LLC, 1224 Anderson Avenue, Suite 2 Fort Lee, New Jersey 07024.
Unit Size
660 Ft²
Days on Market
522 days
Land Size
-
Price per sqft
$1,470
Property Type
Condo
Property Taxes
$527
HOA Dues
$319
Year Built
2019

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Cap Rate Calculator

Last updated: 4 months ago (RLS #RLS10964418)

Price History

Date / Event Date Event Price
Jan 3, 2025 Sold
Sold
Jul 31, 2023 Listed by Douglas Elliman Real Estate $970,000
Listed by Douglas Elliman Real Estate

Property Highlights

Elevator
Interior Details
Full Bathrooms: 1
Interior Features: SmokeFree
Laundry Features: In Unit, BuildingNone
Rooms: 3
Basement: Other
Exterior Details
Square Footage: 660
Year Built: 2023
Patio and Porch Features: Terrace
Tax Lot: 0002
Financial Details
Tax Annual Amount: $6,324
Location Details
HOA Fee: $319
HOA Fee Frequency: Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240507 Unit B1
05/07/2024
B1
Studio
2 Bath
718 ft²
$850,000
bedrooms
Studio
bathrooms
2 Bath
square feet
718 ft²
$850,000
09/06/2024
Anthony Robles
Prudential Douglas Elliman Real Estate
20240507 Unit PHA
05/07/2024
PHA
3 Bed
2 Bath
1394 ft²
$2,395,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1394 ft²
$2,475,000 +3.34%
08/08/2024
Anthony Robles
Prudential Douglas Elliman Real Estate
20240507 Unit A1
05/07/2024
A1
1 Bed
2 Bath
1218 ft²
$1,500,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1218 ft²
$1,399,000 -6.73%
09/11/2024
Anthony Robles
Prudential Douglas Elliman Real Estate
20230801 Unit 4B
08/01/2023
4B
1 Bed
1 Bath
-
$999,000
bedrooms
1 Bed
bathrooms
1 Bath
$1,524,000 +52.55%
12/05/2023
Anthony Robles
Prudential Douglas Elliman Real Estate
20230801 Unit 3A
08/01/2023
3A
2 Bed
2 Bath
1094 ft²
$1,525,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1094 ft²
$1,580,000 +3.61%
12/06/2024
Aran Scott
Space Marketing Shop Inc.
20230731 Unit 2B
07/31/2023
2B
1 Bed
1 Bath
660 ft²
$970,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
660 ft²
$970,000
01/03/2025
Anthony Robles
Prudential Douglas Elliman Real Estate
20230731 Unit 4A
07/31/2023
4A
2 Bed
2 Bath
1094 ft²
$1,550,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1094 ft²
$1,600,000 +3.23%
12/07/2023
Anthony Robles
Prudential Douglas Elliman Real Estate
20230713 Unit 3B
07/13/2023
3B
1 Bed
1 Bath
660 ft²
$985,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
660 ft²
$985,000
01/18/2024
Anthony Robles
Prudential Douglas Elliman Real Estate
20230713 Unit 2A
07/13/2023
2A
2 Bed
2 Bath
1094 ft²
$1,499,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1094 ft²
$1,524,000 +1.67%
12/05/2023
Anthony Robles
Prudential Douglas Elliman Real Estate

Building Info

490 Lorimer Street 490 Lorimer Street, Brooklyn, NY 11211
  • 9 Units
More about this Building
490 Lorimer Street
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