--- title: "605 Lorimer Street #4-R, New York City, NY 11211" description: "605 Lorimer Street #4-R, New York City, NY 11211 — East Williamsburg, New York City, NY. Listing Price $1,350,000. In contract 3/9/2024. 2 bed, 2 bath, 867 sqft Illustrative Buyer Commission Share of $20,250 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11211/605-lorimer-street--r-4R-ny-11211" source: "Real Estate Rebate Team" status: "Pending" --- # 605 Lorimer Street #4-R, New York City, NY 11211 East Williamsburg, New York City, NY **New Development · Sponsor Residence** Courtesy of REAVIS DEVELOPMENT MARKETING LLC ## At a Glance - **Listing Price**: $1,350,000 - **Status**: In contract 3/9/2024 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 2 - **Baths**: 2 - **Sqft**: 867 - **Common Charges**: $433 / mo - **Monthly Taxes**: $617 / mo - **Price per Sqft**: $1,557 - **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**: $1,350,000 - **Illustrative Buyer Commission Share**: -$20,250* - **Illustrative Net Cost**: $1,329,750 *Illustrative Buyer Savings of $20,250 — 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 (1) ![605 Lorimer Street #4-R, New York City, NY 11211 — photo 1 of 1](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c44f8385-d62d-4a0e-96a1-7c9cae869245.jpg) ## Property Overview Boasting a huge rooftop terrace and exquisitely designed interiors, this brand new 2-bedroom, 2-bathroom duplex penthouse offers residents quintessential Williamsburg living moments from McCarren Park and abundant dining and nightlife options. On the main level, a spacious open-concept layout is flooded with natural light. Sliding glass doors reveal a large private balcony. Floor-to-ceiling double-paned aluminum windows ensure interiors remain insulated and quiet. Engineered pre-finished white oak floors sit beneath high ceilings with recessed lighting and integrated Daikin multi-zone mini splits for precision heating and cooling. The kitchen is stunning in every way. Features include an eat-in peninsula, premium Dekton countertops from Cosentino, custom-built cabinetry, a built-in refuse bin, a deep sink with a Grohe faucet, a sleek wine cooler, and integrated high-end appliances including a Bertazzoni gas cooktop, a recessed Bertazzoni oven, and a Fisher & Paykel refrigerator. The bedroom on this level has a reach-in closet and easy access to a luxurious full bathroom with radiant heated floors, a custom double sink vanity, hidden romantic LED lighting, a floating wall-mounted toilet, Grohe faucets, a chic wall niche, and a walk-in steam shower. There is also an in-unit storage room and a vented washer/dryer from GE. The upper level contains a secluded primary suite with a reach-in closet, a pristine en-suite bathroom, and access to a sprawling rooftop terrace for the ultimate indoor-outdoor lifestyle. Either bedroom can easily be used as a home office or den. 605 Lorimer Street is a brand new boutique condominium with a beautifully tiled lobby, a video intercom system, high-speed FiOS pre-wiring, private storage, and a bicycle room. The building is close to neighborhood gems like Bonnie’s, Ainslie, L’Industrie Pizzeria, Okonomi, Barcade, and Union Pool. McCarren Park and Cooper Park are a few blocks away, as is the year-round McCarren Park farmer’s market. Nearby subways include the L and G. EQUAL HOUSING OPPORTUNITY. ALL DIMENSIONS AND SQUARE FOOTAGES ARE APPROXIMATE AND SUBJECT TO CONSTRUCTION VARIANCES AND MAY VARY FROM FLOOR TO FLOOR. SQUARE FOOTAGES MAY EXCEED THE USABLE FLOOR AREA. THIS ADVERTISEMENT IS NOT AN OFFERING. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE OFFERING PLAN. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM THE SPONSOR. FILE NO. CD23-0095. SPONSOR: 605 LORIMER ST LLC. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 2 - **Rooms**: 4 - **Sqft**: 867 sqft - **Stories**: 4 - **Year Built**: 2024 - **Price per Sqft**: $1,557 - **Common Charges**: $433 / Monthly - **Monthly Taxes**: $617 / mo - **Listed On**: Mar 9, 2024 - **Days on Market**: 912 Days ### Residence Features - See Remarks - Building Storage - Balcony ## Buying in a new development? Before you visit the sales gallery, understand the broker registration rule. In many buildings the sponsor will only compensate a buyer’s broker who accompanied you on your first visit or registered you in writing beforehand. The sales team you meet at the door works for the developer, and once you have toured on your own that introduction is very hard to undo. [Why You Need Your Own Broker Before Your First Visit](https://realestaterebatesnewyork.com/guides/new-development-buyer-broker-nyc) ## Sales Evidence ### Recent closed sales 8 apartments at 605 Lorimer Street have recorded sales since September 2021, the most recent for $2,250,000 in August 2024. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | TH (Apartment) | 3 | 1,919 | $2,250,000 | $1,172/ft² | August 1, 2024 | MLS | | 1 (Apartment) | — | 1,922 | $2,150,000 | $1,119/ft² | August 1, 2024 | City record | | 4R (Apartment) | 2 | 867 | $1,200,000 | $1,384/ft² | July 18, 2024 | City record | | 3R (Apartment) | 1 | 644 | $955,000 | $1,483/ft² | July 15, 2024 | City record | | 2-R (Apartment) | 1 | 644 | $1,065,000 | $1,654/ft² | July 11, 2024 | City record · MLS | | 3F (Apartment) | 1 | 626 | $925,000 | $1,478/ft² | July 1, 2024 | City record | | 4F (Apartment) | 1 | 809 | $1,150,000 | $1,422/ft² | June 27, 2024 | City record | | 2F (Apartment) | 1 | 626 | $900,000 | $1,438/ft² | June 20, 2024 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable condo two-bedroom sales in East Williamsburg is $1,145,000, based on 12 sales between September 2024 and June 2026. This home is asking $1,350,000, $205,000 above that median. The middle half of those sales closed between $1,055,000 and $1,290,625. - **Median closed price**: $1,145,000 - **Middle half**: $1,055,000 – $1,290,625 - **Based on**: 12 condo two-bedroom sales in East Williamsburg - **Period**: September 2024 – June 2026 - **Median $/ft²**: $1,400/ft² Across the 8 of these sales with a published asking price, the median closed at 99.6% of what it originally asked. 50% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from East Williamsburg instead. ### How these sales were negotiated - **Sold vs original ask**: 99.6% of the original ask - **Closed below ask**: 50% of 8 sales - **Listed → in contract**: 27 days (about 4 weeks) - **In contract → closed**: 61 days (about 9 weeks) Across the 8 of these sales with a published asking price, the median closed at 99.6% of what it originally asked. 50% of them closed below the original ask. Half of these homes were in contract within 27 days (about 4 weeks) of coming to market, based on the 9 with a recorded listing date. Once a deal was agreed, closing took a further 61 days (about 9 weeks), based on the 9 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 12 condo two-bedroom sales in East Williamsburg, September 2024 – June 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 605 Lorimer Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/605-lorimer-street) ## Price and Property History for 605 Lorimer Street, Unit 4-R Review the recorded listing activity for 605 Lorimer Street, Unit 4-R, including asking-price changes and prior market dates. - **Entered contract**: March 9, 2024 | Date | Price | Listing event | | --- | --- | --- | | March 9, 2024 | $1,350,000 | Entered contract | | March 9, 2024 | $1,350,000 | Listed for sale by REAVIS DEVELOPMENT MARKETING LLC | ## Property Tax History Taxes at 605 Lorimer Street #4-R were $4,589 in 2026, up 719.5% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $165,738 | $27,531 | $138,207 | $36,710 | $4,589 | 12.5% (estimated) | | 2025 (FY 2025/26) | $131,186 | $27,531 | $103,655 | $4,482 | $560 | 12.5% (estimated) | | 2024 (FY 2024/25) | $123,061 | $27,531 | $95,530 | $4,150 | $519 | 12.5% | 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 3027511807. 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 ### 605 Lorimer Street 605 Lorimer Street, Brooklyn, NY 11211 A building in the neighborhood, currently featuring 5 active listings. - **Year Built**: 2024 - **Total Units**: 5 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/605-lorimer-street) ### Available Residences — For Sale (5) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [4-R](https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11211/605-lorimer-street--r-4R-ny-11211) | 2 | 2 | 867 sqft | $1,557 | $1,350,000 — In contract | REAVIS DEVELOPMENT MARKETING LLC | Mar 9, 2024 | 912 days | | [3-F](https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11211/605-lorimer-street--f-3F-ny-11211) | 1 | 1 | 626 sqft | $1,478 | $925,000 — In contract | REAVIS DEVELOPMENT MARKETING LLC | Apr 7, 2024 | 883 days | | [2-F](https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11211/605-lorimer-street--f-2F-ny-11211) | 1 | 1 | 626 sqft | $1,510 | $945,000 — In contract | REAVIS DEVELOPMENT MARKETING LLC | Apr 5, 2024 | 885 days | | [3-R](https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11211/605-lorimer-street--r-3R-ny-11211) | 1 | 1 | 644 sqft | $1,545 | $995,000 — In contract | REAVIS DEVELOPMENT MARKETING LLC | Mar 9, 2024 | 912 days | | [4-F](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11211/605-lorimer-street-4f-ny-11211) | 1 | 2 | 809 sqft | $1,545 | $1,250,000 — In contract | REAVIS DEVELOPMENT MARKETING LLC | Mar 9, 2024 | 912 days | ## Estimated Monthly Payment **$7,876 / month**, assuming a 20% down payment ($270,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $6,826 - **Property Taxes**: $617 - **Common Charges**: $433 Estimates only. Actual payments may vary. Confirm terms with your lender. ## This is a new development purchase Buying from a sponsor carries closing costs a resale does not. The New York City and New York State transfer taxes are the seller’s in a resale and are passed to the purchaser in most offering plans, and the sponsor’s attorney fee and any working capital contribution sit on top of that. Together they commonly add 2% or more of the purchase price. - [Estimate these costs](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator) - [What sponsor buyers pay](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc) - [More new developments](https://realestaterebatesnewyork.com/new-developments) ## East Williamsburg Overview of East Williamsburg [Explore East Williamsburg](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/east-williamsburg) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby East 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 - [605 Lorimer Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/605-lorimer-street) - [East Williamsburg neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/east-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.