502 Lorimer Street, Brooklyn, NY 11211 Property Information
502 Lorimer Street, Brooklyn, NY 11211 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 502 Lorimer Street |
| Secondary address | 57-63 Powers St |
| Neighborhood | Williamsburg |
| Zip code | 11211 |
| Borough | Brooklyn |
| Block & lot | 02774-0001 |
Sales & Tax Overview for 502 Lorimer Street, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 03/25/2009 |
| Purchase price | $1,683,000 |
| Tax class | Register |
| Estimated property tax | $7,583 |
Lot & Building Information for 502 Lorimer Street, Brooklyn
| Lot sqft | 1,540 |
| Lot dimensions | |
| Building class | Primarily Two Family with One Store or Office (S2)
|
| Building sqft | 3,840 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 3 |
| Year built | 1899 |
| Construction type | Register |
Area Overview
| School district | 14 |
| Community district | 1 |
| Closest police station | 1.04 Miles |
| Closest fire station | 0.44 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 502 Lorimer Street, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 57-63 Powers St, Brooklyn, NY 11211
About 502 Lorimer Street, Brooklyn
This Primarily Two Family with One Store or Office (S2) located at 502 Lorimer Street, Brooklyn, NY 11211 has a total of 3,840 square feet and a current price per square foot of $438.
What is the year built & the current market value of 502 Lorimer Street, Brooklyn, NY 11211?502 Lorimer Street, Brooklyn, NY 11211 was built in 1899 and has a current tax assessor's market value of $3,473,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
Ownership Information for 502 Lorimer Street, Brooklyn
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Past Sales & Property History for 502 Lorimer Street, Brooklyn
Create a free account to view the complete sales history for 502 Lorimer Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 03/25/2009 | $1,683,000 | Register | Register |
Title Documents for 502 Lorimer Street, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 502 Lorimer Street, Brooklyn
Access detailed property tax data for 502 Lorimer Street, Brooklyn, NY 11211. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $7,526 |
| Estimated property tax: | $7,583 |
| Tax assessor's market value: | $3,473,000 |
| Assessed value: | $208,380 |
Assessment History for 502 Lorimer Street, Brooklyn
Here's the assessment & property tax history for 502 Lorimer Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $3,473,000 | $208,380 | $37,928 | 19.843% | $7,526 | $7,526 | +4.72% |
| 2024/25 | $3,234,000 | $194,040 | $35,782 | 20.085% | $7,187 | $7,187 | +6.00% |
| 2023/24 | $2,858,000 | $171,480 | $33,758 | 20.085% | $6,780 | $6,780 | +4.82% |
| 2022/23 | $2,244,000 | $134,640 | $31,849 | 20.309% | $6,468 | $6,468 | +1.73% |
| 2021/22 | $1,921,000 | $115,260 | $31,849 | 19.963% | $6,358 | $6,358 | -4.42% |
Permits for 502 Lorimer Street, Brooklyn
The complete history of permits filed for 502 Lorimer Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Brooklyn Commercial Market Stats
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
| Hurricane evacuation zone: | 6 (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Lorimer St & Metropolitan Ave at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | G-L | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.132 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Lorimer St/Powers St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 502 Lorimer Street, Brooklyn
Here are the neighbors for 502 Lorimer Street, Brooklyn, NY 11211.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 154 Ainslie St, Brooklyn | 3,750 | 11/18/1971 | |
| 43 Powers St, Brooklyn | 1,710 | 04/17/2023 | $1,900,000 |
| 501 Lorimer St, Brooklyn | 2,310 | 05/31/2012 | |
| 504 Lorimer St, Brooklyn | 2,040 | 07/07/1999 | |
| 518 Lorimer St, Brooklyn | 2,100 | 07/01/2021 | $1,700,000 |
| 49 Powers St, Brooklyn | 1,620 | 03/13/2020 | $1,525,000 |
| 516 Lorimer St, Brooklyn | 3,992 | 03/17/2022 | $3,226,000 |
| 41 Powers St, Brooklyn | 2,400 | 03/03/2022 | |
| 512 Lorimer St, Brooklyn | 2,400 | 10/15/2025 | $3,150,000 |
| 522 Lorimer St, Brooklyn | 2,100 | 12/06/2023 | $1,700,000 |
| 506 Lorimer St, Brooklyn | 2,400 | 11/22/2009 | |
| 503 Lorimer St, Brooklyn | 1,512 | 06/15/1984 | |
| 514 Lorimer St, Brooklyn | 2,100 | 02/20/2004 | $400,000 |
| 152 Ainslie St, Brooklyn | 1,920 | 05/21/2021 | $1,320,000 |
| 510 Lorimer St, Brooklyn | 2,400 | 07/27/1984 | |
| 35 Powers St, Brooklyn | 1,680 | 10/01/2019 | |
| 47 Powers St, Brooklyn | 1,983 | 02/22/1985 | |
| 19 Powers St, Brooklyn | 2,180 | 06/25/2025 | |
| 45 Powers St, Brooklyn | 2,520 | 06/16/2008 | $1,323,000 |