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1118 Lorimer St; Brooklyn, NY Property Details

1118 Lorimer St, Brooklyn, NY is a Mixed Use that was built in 1930. This property is currently a cash purchase and is not for sale. Our records show that 1118 Lorimer St has 4 bedrooms, and 1 bathroom, and a total of 3,634 square feet. The lot size of 1118 Lorimer St is 1,209 square feet.

For Rent
1118 Lorimer St Brooklyn, NY 11222
$5,200 Listing Price
4 Beds
1 Baths
3,634 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1930
  • Purchase Price: $2,700,000
  • Open Loans / Balance: 1 / $1,849,311
  • APN: 02573-0007
  • Situs County: Kings
  • Length Of Ownership: 7 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1

Structure

  • Stories: 3

Measurements

  • Total: 3,634/SqFt
  • Lot: 1,209/SqFt
  • Gross: 3,634/SqFt
  • Living: 3,634/SqFt
  • Building: 3,634/SqFt
  • Ground: 1,211/SqFt
  • Price Per Square Foot: $742.98
Building Insights

Land Information

  • Property Type: Mixed Use
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New York City Department Of Education
  • Lat / Lon: 40.72859 / -73.95442
  • Property Class: Commercial
  • Zoning: C43A
  • County Use Code: S3

Amenities

  • Plus Four: 7579

Ownership Info

1118 Lorimer St has no associated ownership info
1118 Lorimer St has no associated ownership info.

Taxes

1118 Lorimer St has 10 associated Taxes items

1118 Lorimer St, Brooklyn, NY pays taxes in Kings County, NY. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $558,900. The APN we've located for 1118 Lorimer St is 02573-0007.

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Taxes
  • Assessed Value:  $558,900
  • Assessed Year:  2026
  • Assessed County:  Kings
  • APN:  02573-0007
  • Assessed Land Value:  110250
  • Market Land Value:  245000
  • Tax Amount:  18405.63
  • Tax Year:  2025
  • Market Value:  1242000
  • Market Year:  2026

Tax History

1118 Lorimer St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $558,900 Land Value $110,250 Improvement Value $448,650 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $18,405.63 Change Rate +0.040552% Assessed CR Tax Rate
Year 2024 Assessed Value $411,300 Land Value $110,250 Improvement Value $301,050 Tax Amount $17,688.33 Change Rate +0.689462% Assessed CR Tax Rate +0.043006%
Year 2023 Assessed Value $657,450 Land Value $110,250 Improvement Value $547,200 Tax Amount $10,469.8 Change Rate +0.07895% Assessed CR Tax Rate +0.015925%
Year 2022 Assessed Value $646,200 Land Value $110,250 Improvement Value $535,950 Tax Amount $9,703.69 Change Rate +0.056946% Assessed CR Tax Rate +0.015017%
Year 2021 Assessed Value $607,320 Land Value $110,250 Improvement Value $497,070 Tax Amount $9,180.88 Change Rate Assessed CR Tax Rate +0.015117%
Year 2020 Assessed Value $557,820 Land Value $110,250 Improvement Value $447,570 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $557,820 Land Value $110,250 Improvement Value $447,570 Tax Amount $6,260.84 Change Rate +0.017917% Assessed CR Tax Rate +0.011224%
Year 2018 Assessed Value $48,358 Land Value $11,469 Improvement Value $36,889 Tax Amount $6,150.64 Change Rate +1.189198% Assessed CR Tax Rate +0.12719%
Year 2017 Assessed Value $44,788 Land Value $12,152 Improvement Value $32,636 Tax Amount $2,809.54 Change Rate -0.474617% Assessed CR Tax Rate +0.06273%
Year 2016 Assessed Value $41,509 Land Value $12,417 Improvement Value $29,092 Tax Amount $5,347.6 Change Rate Assessed CR Tax Rate +0.12883%
Year 2015 Assessed Value $41,509 Land Value $14,633 Improvement Value $26,876 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $38,612 Land Value $16,338 Improvement Value $22,274 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $3,471.03 Change Rate Assessed CR Tax Rate