Kings  »  11206  »  Lorimer St  »  347 Lorimer St

347 Lorimer Street, Brooklyn, NY 11206 - Property report

Also known as: 347 Lorimer St

Property image for 347 Lorimer Street, Brooklyn, NY 11206
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Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1931

Lot sq. ft.

3,681

Sale price

$15,000,000

General information

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Address
Primary address
347 Lorimer Street
Alternate address(es)
347-355 Lorimer St
48 Meserole St
48-50 Meserole St
ZIP code
11206
Neighborhood
Williamsburg
Borough
Brooklyn
Block & lot
03049-0029

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
25,777
Buildings on lot
1
Stories
6
Year built
1931
Last altered
2005
Building material
Sales
Sale date
05/17/2024
Sale price
$15,000,000
Tax
Tax year
2026-2027
Property tax
$313,149
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
18
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
49.08 ft x 75 ft
Lot sq. ft.
3,681

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
14
Community district
1
Closest police station
1.27 Miles
Closest fire station
0.63 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 347 Lorimer Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 347 Lorimer Street, Brooklyn, NY 11206

Sale date Sale price Buyer name Seller name
05/17/2024 $15,000,000 XXX XXXXXXX XX XXXXXXXX, XXX XXXXXXX XXX XXXXX XXX
12/27/2017 $2,500,000 XXXXXXXXX XX-XX XXX XXX XXXXXXX XXXXXX XXX
10/15/2015 $15,468,750 XXX XXXXXXX XXXXXX XXX XXX XXXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/28/2024 - R UCC3 Termination
(2024052400318001)
XXXXXXX XXX XXXXX XXX XXXXXXXXX XXX XXXXX XXXXXXX XXX
05/30/2024 - R
05/17/2024 - D
Assignment, Mortgage
(2024052800524003)
XXXXXXXXX XXXXXXXXX XXXXXXX XXX XXXXXX XXX
05/30/2024 - R
05/17/2024 - D
Agreement
(2024052800524002)
XXX XXXXXXX XX XXXXXXXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
05/30/2024 - R
05/17/2024 - D
Deed
(2024052800524001)
XXXXXXX XXX XXXXX XXX XXX XXXXXXX XX XXXXXXXX XXX
05/28/2024 - R
05/17/2024 - D
Assignment, Mortgage
(2024052400318004)
XXXXXXXXX XXX XXXXX XXXXXXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
05/28/2024 - R
05/17/2024 - D
Mortgage
(2024052400318003)
XXXXXXX XXX XXXXX XXX XXXXXXXXX XXX XXXXX XXXXXXX XXX
05/28/2024 - R
05/17/2024 - D
Agreement
(2024052400318002)
XXXXXXX XXX XXXXX XXX XXXXXXXXX XXX XXXXX XXXXXXX XXX
08/17/2022 - R
07/13/2022 - D
Assignment, Mortgage
(2022072000972001)
XXXXXXXXX XXXXXX XXX XXX XXX XXXXXXXXX XXX XXXXX XXXXXXX XXX
06/29/2022 - R UCC3 Assignment
(2022062801112001)
XXXXXXX XXX XXXXX XXX XXXXXXXXX XXXXXX XXX XXX XXX
06/29/2022 - R UCC3 Assignment
(2022062700656001)
XXXXXXX XXX XXXXX XXX XXXXXXXXX XXXXXX XXXXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 347 Lorimer Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$313,149
Municipal exemptions
Recent tax assessments
Market value
$6,585,000
Assessed value
$2,963,250

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $5,612,000 $2,525,400 $2,342,790 12.439% $291,420 $291,420 +1.03%
2024/25 $5,216,000 $2,347,200 $2,307,600 12.5% $288,450 $288,450 -0.27%
2023/24 $5,416,000 $2,437,200 $2,313,450 12.502% $289,228 $289,228 +4.34%
2022/23 $5,143,000 $2,314,350 $2,259,630 12.267% $277,189 $277,189 +8.41%
2021/22 $4,644,000 $2,089,800 $2,089,800 12.235% $255,687 $255,687 -4.81%
2020/21 $5,221,000 $2,349,450 $2,189,610 12.267% $268,599 $268,599 +16.10%
2019/20 $4,878,000 $2,195,100 $1,854,809 12.473% $231,350 $231,350 +8.49%
2018/19 $4,415,000 $1,986,750 $1,690,739 12.612% $213,236 $213,236 +7.49%
2017/18 $4,356,000 $1,960,200 $1,559,699 12.719% $198,378 $198,378 +13.09%
2016/17 $3,847,000 $1,731,150 $1,360,709 12.892% $175,423 $175,423 +19.11%

Permit information for 347 Lorimer Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/07/2025 Alteration
10/18/2024 Alteration
02/01/2023 Alteration
09/01/2022 Alteration
06/20/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/13/2021 E-elevator
04/29/2021 Egrade-failure to post energy grade/score none
05/01/2020 E-elevator

*Most recent DOB violations on record for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
Union Ave & Broadway at NE Corner
Station lines
G
Distance (miles)
0.156

Access the detailed traffic volume map for 347 Lorimer Street, Brooklyn, NY 11206 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 347 Lorimer Street, Brooklyn, NY 11206?

The development at 347 Lorimer Street, Brooklyn, NY 11206 was built in 1931.

What is the total square footage of 347 Lorimer Street, Brooklyn, NY 11206?

347 Lorimer Street, Brooklyn, NY 11206 has a total of 25,777 square feet.

When was 347 Lorimer Street, Brooklyn, NY 11206 last sold and what was the sale price?

347 Lorimer Street, Brooklyn, NY 11206 was last sold on 05/17/2024 for $15,000,000.

What is the assessed value of 347 Lorimer Street, Brooklyn, NY 11206?

347 Lorimer Street, Brooklyn, NY 11206 is currently assessed at $2,963,250.

What are the property taxes for 347 Lorimer Street, Brooklyn, NY 11206?

The property taxes for 347 Lorimer Street, Brooklyn, NY 11206 total $313,149.

How many residential units does this building have?

This building has 18 residential unit(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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