119 Lorimer Street
119 Lorimer Street, Brooklyn, NY 11206
BBL 3022417529 · BIN 3350160
- Year built
- 2004
- Type
- Condominium
- Units
- 14
- Floors
- 7
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 119 Lorimer Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
Block 2241 is one of South Williamsburg's dense condominium blocks. It carries more than thirty condominium billing lots, most of them four-unit buildings from 1999–2003 and four larger 14-unit buildings from 2004. 119 Lorimer is one of the four. Its twin-looking neighbors at 115 Lorimer and 146 and 150 Middleton are separate condominiums, so title work, tax bills and board documents have to be matched to billing lot 7529.
The for-sale question is settled. The sponsor sold all 14 apartments between January and June 2005, each to a separate buyer, and the unit lots remain in separate hands today. There is no sponsor inventory and no rental block.
The tax question is settled too. The building's 15-year 421-a has run its full course, so today's bill is the long-run bill, with no step-up ahead.
Architecture and unit composition
A seven-story building with two apartments per floor, designed by Sandor Weiss, RA, per the DOB filing. The stack is regular. On floors two through six, the A line is about 1,440 square feet and the B line about 1,710, per the Department of Finance roll. The ground floor runs about 1,305 and 1,590 square feet and the seventh floor about 1,325 and 1,575, so the end floors are the smaller apartments in each line.
These are large apartments for Williamsburg condominium stock of this age. Bedroom counts, exposures and any private outdoor space are not documented in the records reviewed and should be read from the floor plans.
Unit C1. The condominium's fifteenth lot is a non-residential unit, sold by the sponsor in 2005 and held separately since. The Department of Finance taxes it in Class 4 as condominium office space. Its permitted uses and its share of common charges are set by the declaration and should be read there.
Building operations
The 421-a has expired. The Department of Finance exemption file shows a 15-year 421-a exemption (code 5113, "421A 15 YR NO CAP") on all 14 residential lots, from a 2002 base year with benefits starting in fiscal 2007. The exempt amount was still on the fiscal 2021 roll and is zero from fiscal 2022 onward. The fiscal 2027 roll shows no exemption of any kind.
At the fiscal 2027 taxable assessments and a Class 2 rate of roughly 12.5 percent, that works out to about $12,400 to $14,400 a year for the A line and the smaller end-floor units, about $16,500 for the B line on floors two through six, and about $18,500 for 1B, the most heavily assessed apartment in the building. These are our estimates from the roll, not bills. Confirm against the current tax bill.
Registration. The condominium files an HPD multiple-dwelling registration in its own name; the most recent was filed in August 2025.
Operating detail. Staffing, the budget, reserves, any assessment and the capital record of a 20-year-old building are not documented in the records reviewed. On a building of this age, ask about roof, façade and mechanical replacement cycles.
Recent sales
Resales are infrequent. ACRIS shows fewer than ten arm's-length resales across 14 apartments since the 2005 sellout, and many later deeds are transfers between family members or into trusts and LLCs. Most apartments have not traded on the open market in two decades. The one recorded sale in the last 24 months was a ground-floor apartment in May 2026.
The building trades against South Williamsburg's mid-2000s condominium stock, not the new construction of the 2020s, and it prices in dollars per square foot. Size is its advantage within that set. Most of the cohort has come off its 421-a as well, so the tax comparison against same-era buildings is close to even; against newer abated buildings, the carrying cost runs higher here until their benefits burn off. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Oct 19, 2017 | 6A | $800,000 |
| Oct 3, 2011 | 7B | $600,000 |
| Jul 12, 2007 | 7B | $630,000 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-02241-7529) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
Identify the lot, not the building name. Your contract, title report and lender file should carry billing lot 7529 and the specific unit lot, 3902–3915. Three other 14-unit condominiums of the same vintage share the block.
The tax number is final. The abatement has expired. There is no step-up ahead, only assessment changes.
Get the governing documents from the managing agent. No offering plan was located. Leasing rules, pets, any resale contribution, the budget and the reserve balance all have to come from the managing agent and the declaration and by-laws.
Read the commercial unit's rights. Ask what C1 may be used for and what share of common charges it carries.
Confirm the certificate of occupancy. It is not in the digitized record. Your attorney should pull it from the Department of Buildings.
What to know if you’re selling
Lead with size. At about 1,440 to 1,710 square feet on the typical floor, these apartments are larger than most of the neighborhood's condominium stock. Price against size-adjusted comparables.
Present the tax bill plainly. A fully expired 421-a means nothing to disclose and no increase coming.
Comparable buildings
- 270 Wallabout Street: two seven-story buildings of 14 apartments each, two per floor, with the same expired 15-year 421-a
- 434 Marcy Avenue: a 2005 South Williamsburg condominium with large-format apartments and an expired 15-year 421-a
- 441 Marcy Avenue: larger apartments over a garage, a few years newer, with a 15-year 421-a that reached zero on the fiscal 2027 roll
- 446 Marcy Avenue: a 2011 condominium of large-format apartments at Marcy and Flushing Avenues
- 503 Flushing Avenue: a 44-apartment condominium nearby whose 15-year 421-a is in its final year
- 24 Dunham Place: a 14-residence South Williamsburg condominium of the same era, still on a 25-year 421-a
More Williamsburg buildings
- 1 Powers Street — 2009 condominium by Kutnicki Bernstein Architects
- 100 North 3rd Street (100 N3 Lofts) — 2008 condominium
- 110 North 1st Street — 2022 condominium by Isaac & Stern Architects
- 125 North 10th Street — 2007 condominium
- 127 Kent Avenue (The Sixth) — 2025 condominium by BKSK Architects
- 130 Jackson Street (Jackson Foundry Lofts) — 2007 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Williamsburg.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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