The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$4,000,000
495 Lorimer St
Brooklyn, NY, 11211
View more Brooklyn, NY property pages5Beds
3Baths
5,740Sqft
$697$/sqft
Market Insights
Below nearby median-53%
$697/sqft vs a nearby median of $1483/sqft.
Nearby median$1483/sqft
Nearby properties12
Property size5,740 sqft
- -53% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 5,740 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$8.81M$8.02M – $9.60M · 50% confidence
vs ask $4.00M−$4.81M (−120.2%)
Asking price is about 120.2% below the fair value — likely to draw competing offers if it's still on market.
$1,483/sqft median across 9 tight comps × 5,740 sqft= $8.51M
- Transit access+$340k +4.0%
- Visible condition issues−$255k −3.0%
- Pre-war character+$213k +2.5%
Cumulative NYC adjustments+$298k+3.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 42 days
- Last price change
- No change recorded
- Listed
- Mar 31, 2026
- Photos
- 25 photos
- Property type
- multi family
- Status
- for sale
Photos
Building Facts
- Year built
- 1920
- Stories
- 3
- Total units
- 4
- Residential units
- 2
- Building area
- 4,500 sqft
- Lot size
- 2,250 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- S9
From NYC public records where available.
Price History
May 4, 2026Initial record
$4,000,000for sale
Public Records
DOB violations0 open
2 total recorded against the building
HPD violations0 open
0 total recorded
ACRIS documents20
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)32,290
Top: illegal parking
Top complaint types in ZIP 11211
- Illegal Parking3,723
- Noise - Residential3,260
- Noise - Street/Sidewalk2,333
- Noise - Commercial2,244
- HEAT/HOT WATER2,012
Recent DOB
- Feb 27, 2001V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
- Feb 10, 1997V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.