868 Lorimer Street
868 Lorimer Street, Brooklyn, NY 11222
Greenpoint, Brooklyn
BBL 3026797503 · BIN 3421752
- Year built
- 2017
- Type
- Condominium
- Units
- 14
- Floors
- 6
- Amenities
- Per the offering plan, a ground-floor recreation room with kitchenette and play area opening to a landscaped courtyard, two bicycle rooms, two elevators, cellar storage and parking
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Leasing by owners
- Permitted with conditions
- Doorman
- Part-time doorman
Every recorded sale at this building, 2018–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,511
- floor-adjusted, 1 sale
- Listing discount
- 0.0%
- Recorded sales
- 23
- On record
- 2018–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 868 Lorimer on the Park 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.
868 Lorimer is one of a small number of Greenpoint condominiums that face McCarren Park directly. It has 14 apartments, all of them two- or three-bedroom layouts of about 1,240 square feet or more, which puts it in a different size bracket from most new Greenpoint buildings.
The sponsor acquired the site in two recorded purchases in December 2014, demolished a two-story commercial building and put up a six-story building with a cellar. It closed all 14 apartments between April and August 2018. Every deed went to a separate buyer. The sponsor kept only the commercial unit. There is no sponsor rental block and no unsold sponsor apartment.
Two facts matter most for carrying cost and for lenders. The assessment roll shows no 421-a or other exemption on any residential lot; check each apartment's tax bill. And the building still runs on a temporary certificate of occupancy. Department of Buildings records show the temporary certificate renewed repeatedly, most recently on May 21, 2026, with no final certificate on record.
Architecture and unit composition
The offering plan describes the building as a west wing and an east wing sharing a lobby, with two elevators. The west elevator serves floors one through six. Residences sit on floors two through six in three lines:
- A line (west): three bedrooms, three baths, about 1,800 square feet, floors two through five
- B line (east): three bedrooms, three baths, about 1,525 square feet, floors two through five
- C line: two bedrooms, two baths, about 1,238 square feet, floors two through five
- PHA: three bedrooms, three baths, about 2,322 square feet, with the largest outdoor space in the building
- PHB: two bedrooms, two baths, about 1,298 square feet, with a large terrace
The plan notes that its square footages are measured to the exterior walls and the centerline of shared walls, so usable area is smaller. The single roof terrace unit can only be owned by an apartment owner. At the first sales it was bought together with PHB. Storage units can only be owned by owners of an apartment, parking unit or the commercial unit. The storage units are small, about 23 to 67 square feet. The parking units are in the cellar, reached by a garage ramp. One further van-accessible space on the ground floor is a common element.
The commercial unit has its own entrance on Manhattan Avenue. The plan permits restaurant, retail or other business use and warns of the traffic, noise and odors that can come with it. The commercial owner pays its own common charges and taxes, and can sell or lease the unit without a board right of first refusal.
Building operations
Taxes are at full rate. The Department of Finance exemption rolls for 2021 through 2027 show no exemption on any residential lot, and the plan pages we could read describe no 421-a application. At the 2026/27 taxable assessments and a Class 2 rate of roughly 12.5 percent, we estimate about $25,000 a year for a C-line apartment, about $38,000 for an A-line apartment and about $51,000 for PHA. These are our estimates from the roll, not bills. Owner-occupants may qualify for the city's co-op and condo abatement, which appears on some lots here. Check the current bill for the specific unit.
The certificate of occupancy is temporary. Temporary certificates here have been renewed since at least December 2020, and the building has closed and resold apartments on them. A buyer's lender and title company will look at this. Ask the managing agent what open items stand between the building and a final certificate, and whether any cost falls on the condominium. The plan also barred owners from altering their apartments before a permanent certificate issued. Ask whether that restriction still applies before planning a renovation.
The first-year budget in the plan ran from October 2017. No audited financial statements are on file in The Roebling Research Library. Get the current budget, reserve balance and insurance schedule from the managing agent.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- Permitted with conditionsBoard approvalSource: The Roebling Team's building profile
- Pied-à-terre ownership
- Not verified
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Own an apartment here? Request an apartment-specific pricing review.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $729 per room a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $2.37 per square foot a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Part-time doormanSource: recent listing records
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Roof deck, garden, bike storageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
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 →Recent sales
The sponsor closed all 14 apartments in 2018. Pricing stepped up by floor within each line, and the penthouses brought the highest figures. Resales since 2020 have covered the A, B and C lines and PHB, and each has closed above the same apartment's 2018 sponsor price in nominal terms. The 2025–26 C-line resales landed close together, which gives a clear current reference for the two-bedroom line. Deeded storage and parking usually sell with the apartment. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Mar 16, 2026 | 3C | 2 BR · 2 BA · 1,238 sf | $1,870,000 | $1,511/sf | +0.0% |
| Jun 20, 2025 | 4C | 2 BR · 2 BA · 1,238 sf | $1,875,000 | $1,515/sf | -1.3% |
| Jun 18, 2025 | 5C | 2 BR · 2 BA · 1,238 sf | $1,870,000 | $1,511/sf | +0.0% |
| Jul 18, 2024 | 5B | 3 BR · 3 BA · 1,525 sf | $2,470,000 | $1,620/sf | -8.3% |
| Aug 8, 2023 | 2A | 3 BR · 3 BA · 1,800 sf | $3,300,000 | $1,833/sf | +1.5% |
| Nov 9, 2022 | PHB | 2 BR · 2 BA · 1,298 sf | $2,900,000 | $2,234/sf | -1.7% |
| May 10, 2022 | 3B | 3 BR · 3 BA · 1,525 sf | $2,526,000 | $1,656/sf | -4.7% |
| Mar 10, 2022 | 2B | 3 BR · 3 BA · 1,525 sf | $2,450,000 | $1,607/sf | +0.0% |
Market read. Most recent trades (2026 to date) cleared a median $1,511/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 0.0% from the last ask.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-02679-7503; 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; square footage from recorded condo declarations and offering plans.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 868 Lorimer on the Park and nearby.
At the recent median sale of $1.87M (3 sales in the past 24 months, since November 10, 2024), a buyer putting 25% down would pay about $76,395 to close, or 4.1% of the price.
- Mansion tax: $18,700
- Mortgage recording tax: $26,998
- Title insurance: $8,415
- Attorneys, lender, building fees, reserves and filings: $22,282
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
Underwrite full taxes from day one. No abatement means no scheduled increase from a burn-off, but the starting bill is high for the size of the apartments. Put the current bill next to the common charges when comparing with abated Greenpoint buildings of the 2008–2016 generation.
Clear the certificate of occupancy with your lender early. Order the temporary certificate history and ask the managing agent for the path to a final certificate before you sign.
List every lot in the contract. Storage, parking and the roof terrace are separate tax lots. Make sure each one you are buying is named.
What to know if you’re selling
Price against the recent resales in your line. Buyers will compare your carrying cost with abated buildings nearby, so lead with the park frontage, the layouts and the deeded storage or parking.
Have the certificate paperwork ready. A buyer's lender will ask for it, and having the current temporary certificate and the board's status letter in hand avoids delay.
Comparable buildings
- 20 Bayard Street (The Bayard Views): a larger condominium facing McCarren Park from the south, with a 421-a burn-off
- 2 Bayard Street: a 19-apartment McCarren Park condominium whose 15-year 421-a ended in 2022
- 65 Eckford Street: a 2025 south Greenpoint condominium with no exemption and deeded storage and parking
- 247 Driggs Avenue: a 19-apartment Greenpoint condominium with deeded parking and no tax abatement
- 28 Herbert Street: a 16-residence condominium on the Greenpoint–Williamsburg border
- 1080 Lorimer Street: a 29-residence Greenpoint conversion farther north on Lorimer
- 415 Leonard Street: a seven-story condominium a block south of the park, fully taxed after its 421-a expired
More Greenpoint buildings
- 78 Eagle Street — 2022 condominium
- 79 Eagle Street — 2015 condominium
- 81 India Street — condominium
- 975 Manhattan Avenue — 2021 condominium
- Core Condominiums, 235 North Henry Street — condominium
- Eckford Green (55 Eckford Street) — condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Greenpoint.
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.
Considering a move at 868 Lorimer on the Park?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com