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Condominium · 2006
The Lynch Park V
24 Lynch Street · Williamsburg
Buildings·Condominium

The Lynch Park V

24 Lynch Street · Williamsburg

Williamsburg, Brooklyn

BBL 3022357504 · BIN 3392430

At a glance
Year built
2006
Type
Condominium
Landmark status
Not an individual landmark; not in a historic district
NYC Landmarks Preservation Commission and City Planning records, updated February 2026
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As seen inThe Wall Street Journal★ 92 reviews on Google

The Lynch Park V is a fourteen-residence condominium designed by Karl Fischer on Lynch Street in Williamsburg. The seven-story building followed a May 2003 new-building application and is dated to 2006 in city records. Its residential program includes three-bedroom apartments around 1,300 square feet, alongside smaller upper-floor homes.

Architecture and unit composition

The original DOB filing specified fourteen dwellings over seven stories. The residential inventory includes recurring layouts of approximately 1,298 square feet and smaller homes around 960–980 square feet. Three-bedroom, two-bathroom accommodation appears among the larger plans.

The condominium has an elevator and a mix of residential and non-residential ownership. Fourteen apartment lots sit alongside two lots taxed in the commercial class. The city carried approximately 19,540 square feet of gross area for the residential condominium in its earlier valuation records.

The larger apartment footprints occupy a different size category from the upper-floor homes below 1,000 square feet. Floor level alone doesn't tell you which residence has the most interior space.

Building operations

The largest recorded residential owner holds two of the fourteen apartments. Ownership is distributed across the remaining homes, and no single owner controls a majority of the residential inventory.

The building's original fifteen-year 421-a benefit began in 2010. It last appeared on the 2025 roll and has fully expired. The apartments are now beyond that program's term, while retaining their individual Class 2 condominium assessments.

Two non-residential lots are part of the condominium structure. Their separate commercial tax classification is relevant to the association's mix of ownership and common expenses. The residential count remains fourteen; those additional lots are not apartments.

Local Law 97

Compliance status
Below the individual-building threshold

This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.

See full Local Law 97 analysis →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.

Inspection history
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2027
Assessed · 2015–20 to 2020–25
$74,000 in filing penalties
payment status not in the record
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs are due by the deadline stated in the filing.
UnsafeLatest filing: unsafe conditions requiring corrective action.
How to read this, and where it comes from

QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).

Penalties shown are amounts DOB assessed against filings on record across 2015–20 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.

Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.

See the full facade history →

Recent sales

Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Feb 4, 20254R$1,425,000
Aug 15, 20085L$539,672.5

Sales sourced from NYC Department of Finance recorded transfers (BBL 3-02235-7504; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.

For owners

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Comparable buildings

  • 15 Lynch Street — A nearby condominium close in residence count and seven-story scale.
  • 119 Lorimer Street — Another fourteen-residence condominium with a similar mid-rise form.
  • 434 Marcy Avenue — A somewhat larger condominium from the same construction cycle.
  • 446 Marcy Avenue — A seven-story condominium in the immediate area with a larger association.
  • 270 Wallabout Street — A larger development from the same era nearby.

More Williamsburg buildings

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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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com