--- title: "495 Lorimer Street, New York City, NY 11211" description: "495 Lorimer Street, New York City, NY 11211 — Multi Family Home in Williamsburg, Brooklyn, NY. Listing Price $4,000,000. 5 bed, 4 bath, 5,740 sqft Illustrative Buyer Commission Share of $60,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11211/495-lorimer-street-ny-11211" source: "Real Estate Rebate Team" status: "Active" --- # 495 Lorimer Street, New York City, NY 11211 Multi Family Home in Williamsburg, Brooklyn, NY Courtesy of Compass ## At a Glance - **Listing Price**: $4,000,000 - **Beds**: 5 - **Total Baths**: 4 - **Sqft**: 5,740 - **Monthly Taxes**: $729 / mo - **Price per Sqft**: $697 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $4,000,000 - **Illustrative Buyer Commission Share**: -$60,000* - **Illustrative Net Cost**: $3,940,000 *Illustrative Buyer Savings of $60,000 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![495 Lorimer Street, New York City, NY 11211 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/433d5666-e06c-49a4-9f43-40003a14be09.jpg) ![495 Lorimer Street, New York City, NY 11211 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/677f6277-5bde-4081-bf79-d2662f98e457.jpg) ![495 Lorimer Street, New York City, NY 11211 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/54940007-a0d8-4f1c-a82e-e0e7e4aebaab.jpg) ![495 Lorimer Street, New York City, NY 11211 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dd5ea70b-40eb-4161-aa56-2df6b4aad08b.jpg) ![495 Lorimer Street, New York City, NY 11211 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2276b6d2-b6ce-46cd-8bf2-7f0b586c24d5.jpg) ![495 Lorimer Street, New York City, NY 11211 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a73b1bfa-b034-4af2-bf4f-995f69b6c55b.jpg) ![495 Lorimer Street, New York City, NY 11211 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/021b3632-c357-4c55-8b93-0f84ddbc086b.jpg) ![495 Lorimer Street, New York City, NY 11211 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7931182e-0570-4e45-9778-7a624a972c78.jpg) ![495 Lorimer Street, New York City, NY 11211 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5a326e6e-5bbd-4a79-922a-d0630e33d386.jpg) ![495 Lorimer Street, New York City, NY 11211 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3a1d911d-b128-4d74-8487-72182febfa91.jpg) ## Property Overview An Exceptional Mixed-Use Opportunity in the Heart of Williamsburg This thoughtfully maintained mixed-use building offers a rare opportunity to own a versatile property suited for both end users and investors, with two residential homes above two established, neighborhood-loved commercial spaces, all set in one of Brooklyn’s most vibrant neighborhoods. The building has been lovingly cared for over time, blending original character with practical updates that make each space comfortable and inviting. The residential units are especially generous in scale, with large eat-in kitchens, spacious box-style bedrooms, updated bathrooms, and open living areas with excellent storage throughout, all thoughtfully laid out for daily living. The second-floor apartment is a bright and expansive 2-bedroom featuring two separate living areas and an incredible private roof deck, offering a true indoor-outdoor lifestyle that is hard to find in the neighborhood. Upstairs, the top-floor 3-bedroom is equally inviting, with well-proportioned rooms, an open layout, and flexibility for a variety of living arrangements. Together, these units present a unique opportunity for an end user to live comfortably in one or explore combining them into a single, substantial home, while also offering strong, appealing layouts for those looking to maintain them as high-quality rental units. The commercial spaces are both well-established and contribute to the neighborhood’s daily rhythm and appeal. One is home to a popular sandwich counter, fully built out with proper ventilation, an Ansul system, a walk-in refrigerator, and extensive equipment. The other is a well-loved neighborhood coffee shop with a generously sized layout, ample room for seating, and a dedicated basement for storage and operations. This is a rare chance to acquire a turnkey property with strong existing use and long-term potential. Located just two blocks from the Lorimer L train, the property offers convenience along with the energy and charm that make Williamsburg so sought after. Showings are by appointment only. Please reach out with any questions or for additional details. ## Property Details - **Property Type**: Multi Family - **Beds**: 5 - **Total Baths**: 4 - **Rooms**: 12 - **Sqft**: 5,740 sqft - **Stories**: 3 - **Year Built**: 1920 - **Price per Sqft**: $697 - **Monthly Taxes**: $729 / mo - **Listed On**: Mar 31, 2026 - **Days on Market**: 166 Days ### Residence Features - Natural Gas - See Remarks - Private Entrance - Private Outdoor Space Over 60 Sqft - Eat-in Kitchen - High Ceilings - Gas Cooktop - Gas Oven - Refrigerator - Hardwood - Full ## Sales Evidence ### How this price compares The median closed price for comparable house sales in Williamsburg is $2,994,500, based on 20 sales between September 2021 and July 2026. This home is asking $4,000,000, $1,005,500 above that median. The middle half of those sales closed between $2,512,500 and $3,487,500. - **Median closed price**: $2,994,500 - **Middle half**: $2,512,500 – $3,487,500 - **Based on**: 20 house sales in Williamsburg - **Period**: September 2021 – July 2026 - **Median $/ft²**: $953/ft² Across the 17 of these sales with a published asking price, the median closed at 93.4% of what it originally asked. 88% of them closed below the original ask. A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Williamsburg. Apartment sales are excluded from it entirely. ### How these sales were negotiated - **Sold vs original ask**: 93.4% of the original ask - **Closed below ask**: 88% of 17 sales - **Listed → in contract**: 106 days (about 15 weeks) - **In contract → closed**: 74 days (about 11 weeks) Across the 17 of these sales with a published asking price, the median closed at 93.4% of what it originally asked. 88% of them closed below the original ask. Half of these homes were in contract within 106 days (about 15 weeks) of coming to market, based on the 18 with a recorded listing date. Once a deal was agreed, closing took a further 74 days (about 11 weeks), based on the 18 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 20 house sales in Williamsburg, September 2021 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 495 Lorimer Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/495-lorimer-street) ## Property Tax History Taxes at 495 Lorimer Street were $8,791 in 2026. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $972,450 | $131,400 | $841,050 | $70,327 | $8,791 | 12.5% (estimated) | | 2025 (FY 2025/26) | $963,900 | $131,400 | $832,500 | $70,327 | $8,791 | 12.5% (estimated) | | 2024 (FY 2024/25) | $827,100 | $131,400 | $695,700 | $68,142 | $8,518 | 12.5% | | 2023 (FY 2023/24) | $758,700 | $131,400 | $627,300 | $63,096 | $7,888 | 12.502% | | 2022 (FY 2022/23) | $632,250 | $131,400 | $500,850 | $58,423 | $7,167 | 12.267% | | 2021 (FY 2021/22) | $505,800 | $131,400 | $374,400 | $54,098 | $6,619 | 12.235% | | 2020 (FY 2020/21) | $552,150 | $131,400 | $420,750 | $54,098 | $6,636 | 12.267% | | 2019 (FY 2019/20) | $553,500 | $131,400 | $422,100 | $52,417 | $6,538 | 12.473% | | 2018 (FY 2018/19) | $48,535 | — | — | $48,535 | $6,121 | 12.612% | | 2017 (FY 2017/18) | $44,941 | — | — | $44,941 | $5,716 | 12.719% | | 2016 (FY 2016/17) | $41,614 | — | — | $41,614 | $5,365 | 12.892% | | 2015 (FY 2015/16) | $41,614 | — | — | $41,614 | $5,361 | 12.883% | | 2014 (FY 2014/15) | $40,321 | — | — | $40,321 | $5,183 | 12.855% | | 2013 (FY 2013/14) | $37,335 | — | — | $37,335 | $4,908 | 13.145% | | 2012 (FY 2012/13) | $34,570 | — | — | $34,570 | $4,557 | 13.181% | | 2011 (FY 2011/12) | $32,011 | — | — | $32,011 | $4,300 | 13.433% | | 2010 (FY 2010/11) | $32,011 | — | — | $32,011 | $4,274 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3027790024. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 495 Lorimer Street 495 Lorimer Street, Brooklyn, NY 11211 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1920 - **Total Units**: 1 - **Floors**: 3 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/495-lorimer-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11211/495-lorimer-street-ny-11211) | 5 | 3 | 5,740 sqft | $697 | $4,000,000 | Compass | Mar 31, 2026 | 165 days | ## Estimated Monthly Payment **$20,955 / month**, assuming a 20% down payment ($800,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $20,226 - **Property Taxes**: $729 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Williamsburg Overview of Williamsburg [Explore Williamsburg](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/williamsburg) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Williamsburg - [Greenpoint real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/greenpoint) - [Navy Yard real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/navy-yard) - [Clinton Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/clinton-hill) - [Bushwick real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick) - [Vinegar Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/vinegar-hill) ## Related Links - [495 Lorimer Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/495-lorimer-street) - [Williamsburg neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/williamsburg) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.