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for saleRealtyLens property overview
$3,499,000
543 Lorimer St
Brooklyn, NY, 11211
View more Brooklyn, NY property pages4Beds
5Baths
2,250Sqft
$1555$/sqft
Comps
Market Insights
Above nearby median+55%
$1555/sqft vs a nearby median of $1006/sqft.
Nearby median$1006/sqft
Nearby properties8
Property size2,250 sqft
- +55% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 2,250 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$2.35M$2.12M – $2.59M · 42% confidence
vs ask $3.50M+$1.14M (+32.7%)
Asking price is about 32.7% above where comps + adjustments land — there is room to negotiate.
$1,006/sqft median across 5 tight comps × 2,250 sqft= $2.26M
- Transit access+$91k +4.0%
- Pre-war character+$57k +2.5%
- AI-generated marketing photos−$45k −2.0%
- Days-on-market gravity−$11k −0.5%
Cumulative NYC adjustments+$91k+4.0%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
Diligence Read1 item to check
AI ReadinessReady to analyze
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 69 days
- Last price change
- No change recorded
- Listed
- Mar 4, 2026
- Photos
- 21 photos
- Property type
- multi family
- Status
- for sale
Photos
Building Facts
- Year built
- 1901
- Stories
- 3
- Total units
- 2
- Residential units
- 2
- Building area
- 1,512 sqft
- Lot size
- 843 sqft
- Land use
- One and two family buildings
- Building class
- B9
From NYC public records where available.
Price History
May 4, 2026Initial record
$3,499,000for sale
Public Records
DOB violations0 open
0 total recorded against the building
HPD violations1 open
1 total recorded
ACRIS documents7
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)32,325
Top: illegal parking
Top complaint types in ZIP 11211
- Illegal Parking3,723
- Noise - Residential3,260
- Noise - Street/Sidewalk2,337
- Noise - Commercial2,238
- HEAT/HOT WATER2,016
Recent HPD
- Nov 24, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
Recent Transfers (ACRIS)
- Jul 22, 2024DEED$1,400,000
- Sep 28, 1978DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.