532 Lorimer Street

532 Lorimer Street is a condo located in East Williamsburg, Brooklyn. The building was first built in 2019 and is 7 years old. The lot that the building was built on is 50 feet wide and 100 feet long. The official lot area is listed as 5,000 square feet. The building itself is 50 feet wide and 57 feet long. In total, 532 Lorimer Street has a total floor area of 11,089 square feet. Of that, 11,089 square feet are used for residential purposes. There are a total of 9 units. Of those, 9 are residential units. There are no commercial units in this building. 532 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. There are 16 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 261 days Meaning, listings tend to sell at a median of $1,405 price per square foot. The transaction that took the longest to complete was unit 2A, listed on Oct 07, 2021 for $1,498,000. This particular unit ultimately sold 364 days later for $1,498,000. The most recent transaction was for unit 1A, sold for $1,787,030 on May 19, 2023. Fun fact, the oldest transaction we have on record took place on Aug 29, 1974. See the full transaction history for 532 Lorimer Street below.

East Williamsburg, where 532 Lorimer Street is located, has a median asking price of $1,212,500 for condo buildings. Meanwhile, the building itself has a median asking price of $1,550,000. For interested buyers, that means the building's median asking price is around 1.82% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.