New York City  »  11211  »  Lorimer St  »  571 Lorimer St

571 Lorimer Street, Brooklyn, NY 11211 - Property report

Also known as: 571 Lorimer St

Property image for 571 Lorimer Street, Brooklyn, NY 11211
static Mapbox map

Property type

Multi-Story Retail Building (2 or More) (K2)

Year built

2012

Lot sq. ft.

1,552

Sale price

$2,300,000

General information

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Address
Primary address
571 Lorimer Street
Alternate address(es)
586 Metropolitan Ave
ZIP code
11211
Neighborhood
Williamsburg
Borough
Brooklyn
Block & lot
02761-0030

Owner

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Building
Property type
Multi-Story Retail Building (2 or More) (K2)
Building sq. ft.
1,440
Building dimensions
18.8 ft x 64 ft
Buildings on lot
1
Stories
2
Year built
2012
Building material
Sales
Sale date
12/18/2025
Sale price
$2,300,000
Tax
Tax year
2026-2027
Property tax
$19,933
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
18.75 ft x 65.17 ft
Lot sq. ft.
1,552

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
14
Community district
1
Closest police station
0.90 Miles
Closest fire station
0.31 Miles

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Ownership information for 571 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 571 Lorimer Street, Brooklyn, NY 11211

Sale date Sale price Buyer name Seller name
12/18/2025 $2,300,000 XXX XXXXX XXX XXX XXXXX XXX
12/11/2003 $390,000 XXX XXXXX XXX X & X XXXXX XXXXXX XXXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/29/2025 - R
12/18/2025 - D
Deed
(2025122301179001)
XXX XXXXX XXX XXX XXXXX XXX
06/17/2025 - R
06/03/2025 - D
Memorandum of Contract
(2025061600795001)
XXX XXXXX XXX XXXXXXXXXX XXX XXX
11/25/2024 - R Initial UCC1
(2024111900342006)
XXX XXXXX XXX XXX XXXXXXXX XXXX
11/25/2024 - R UCC3 Termination
(2024111900342001)
XXX XXXXX XXX XXXXXXXXXX XXXX
11/25/2024 - R
11/14/2024 - D
Assignment of Leases and Rents
(2024111900342005)
XXX XXXXX XXX XXXXX XXXXXXXX XXXX
11/25/2024 - R
11/13/2024 - D
Termination of Assign of L&R
(2024111900342003)
XXXXXXXXXX XXXX XXX XXXXX XXX
11/25/2024 - R
11/13/2024 - D
Partial Release of Mortgage
(2024111900342002)
XXXXXXXXXX XXXX XXX XXXXX XXX
08/27/2024 - R UCC3 Continuation
(2024082601043001)
XXX XXXXX XXX XXXXXXXXXX XXXX
10/03/2024 - R
07/31/2024 - D
Sundry Miscellaneous
(2024090200013001)
XXXXXXXXX XXXX
07/09/2024 - R
06/27/2024 - D
Sundry Miscellaneous
(2024070400011001)
XXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 571 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
$19,933
Municipal exemptions
Recent tax assessments
Market value
$420,000
Assessed value
$189,000

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 $425,000 $191,250 $177,950 10.848% $19,304 $19,304 +1.68%
2024/25 $392,000 $176,400 $176,400 10.762% $18,984 $18,984 -2.38%
2023/24 $408,000 $183,600 $183,600 10.592% $19,447 $19,447 -17.71%
2022/23 $510,000 $229,500 $221,990 10.646% $23,633 $23,633 +15.44%
2021/22 $423,000 $190,350 $190,350 10.755% $20,472 $20,472 -0.33%
2020/21 $545,000 $245,250 $192,060 10.694% $20,539 $20,539 +1.82%
2019/20 $517,000 $232,650 $191,430 10.537% $20,171 $20,171 +0.08%
2018/19 $539,000 $242,550 $191,700 10.514% $20,155 $20,155 +57.20%
2017/18 $271,000 $121,950 $121,950 10.514% $12,822 $12,822 +2.85%
2016/17 $262,000 $117,900 $117,900 10.574% $12,467 $12,467 -47.16%

Permit information for 571 Lorimer Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/31/2025 Alteration
12/30/2025 Alteration
04/09/2024 Alteration
10/14/2022 Alteration
10/12/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
4

Subway & traffic

Closest station
Lorimer St & Metropolitan Ave at SE Corner
Station lines
G-L
Distance (miles)
0.017

Access the detailed traffic volume map for 571 Lorimer Street, Brooklyn, NY 11211 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 571 Lorimer Street, Brooklyn, NY 11211?

The development at 571 Lorimer Street, Brooklyn, NY 11211 was built in 2012.

What is the market value of 571 Lorimer Street, Brooklyn, NY 11211?

The current market value of 571 Lorimer Street, Brooklyn, NY 11211 is $420,000.

What is the total square footage of 571 Lorimer Street, Brooklyn, NY 11211?

571 Lorimer Street, Brooklyn, NY 11211 has a total of 1,440 square feet.

What is the price per square foot for this property?

$1,597 per square foot is the price for 571 Lorimer Street, Brooklyn, NY 11211.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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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