See Home Value
$2,475,000
● Condo - Off Market

490 LORIMER Street #PHA

Brooklyn, NY 11211
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,394 Ft²
$12,948
Est. Monthly
$795
HOA / Fees
2.57%
Cap Rate

About This Property

PRIVATE DEEDED PARKING GARAGE AND STORAGE AVAILABLE FOR PURCHASE. 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.

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.

Penthouse A is an impeccably designed 1,394 Sf apartment, plus an additional 1,219 Sf of private outdoor space, bathed in natural light that exudes contemporary elegance with 3 large bedrooms, 2 sleek full bathrooms 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 with double height ceiling and amazing views has floor-to-ceiling windows and flows directly to your outdoor private terrace delivered with a bbq grill, creating the perfect place to dine al fresco. The large kitchen is styled with tasteful cabinetry, and leads to a balcony just off the kitchen, plus a huge storage closet. For the chef in you, there is a Bertazzoni Master Series 5-burner stove/range, Liebherr paneled refrigerator, Bertazzoni dishwasher, built in drawer microwave, and Summit wine fridge for your favorite vintage. To top it all off the Penthouse has your very own private roof terrace and just above a raised private roof terrace, creating the perfect place to entertain .

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
1,394 Ft²
Days on Market
93 days
Land Size
-
Price per sqft
$1,775
Property Type
Condo
Property Taxes
-
HOA Dues
$795
Year Built
2019

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Cap Rate Calculator

Last updated: 12 months ago (RLS #RLS10971245)

Price History

Date / Event Date Event Price
Aug 8, 2024 Sold
Sold
Jun 18, 2024 In contract -
In contract
May 7, 2024 Listed by Douglas Elliman Real Estate $2,475,000
Listed by Douglas Elliman Real Estate

Property Highlights

Elevator
With View
Interior Details
Full Bathrooms: 2
Interior Features: SmokeFree
Laundry Features: Washer Hookup, In Unit, BuildingNone
Rooms: 7
Basement: Other
Exterior Details
Square Footage: 1394
Year Built: 2023
Patio and Porch Features: Deck, Patio, Terrace, Balcony
Tax Lot: 0002
Location Details
HOA Fee: $795
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 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 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 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 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
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
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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