$5,253,600
- Studio
- 2,500 sqft
583 Lorimer St #4, Brooklyn, NY 11211
Est. Refi. Payment $30,041/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 10, 2022 for $10,800,000
Home Value
Trulia Estimate
$5.25MSince last month
Decreased$394K (-7%)Since last year
Increased$1M (+33.5%)Since last sale
Decreased$6M (-51.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +90% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $5.24M |
| July 2026 | $5.64M |
| June 2026 | $5.11M |
| May 2026 | $4.76M |
| April 2026 | $4.21M |
| March 2026 | $3.69M |
| February 2026 | $4.18M |
| January 2026 | $3.54M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.24 | Single-Family Home | $7,500,000 | 05/22/26 | - | 3,734 | ||
0.10 | Single-Family Home | $4,600,000 | 04/16/26 | 5 | 4 | 2,290 | |
0.26 | Single-Family Home | $3,500,000 | 02/12/26 | - | 3,376 | ||
0.03 | Single-Family Home | $2,300,000 | 12/29/25 | - | 1,440 | ||
0.34 | Single-Family Home | $4,350,000 | 04/08/26 | - | 3,600 | ||
0.43 | Single-Family Home | $3,500,000 | 03/03/26 | - | 3,000 | ||
0.39 | Single-Family Home | $4,600,000 | 12/25/25 | - | 3,300 | ||
0.44 | Single-Family Home | $2,300,000 | 04/14/26 | - | 2,750 | ||
0.55 | Single-Family Home | $3,200,000 | 10/30/25 | - | 2,625 | ||
0.39 | Single-Family Home | $4,600,000 | 12/24/25 | - | 5,300 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $3,375,000 | 8 | 8.5 | 3,380 | For Sale | |
0.04 | $2,263,100 | 4 | 2 | 1,620 | Off Market | |
0.06 | $1,229,100 | 2 | 1 | 774 | Off Market | |
0.06 | $3,141,000 | 3 | 2 | 1,816 | Off Market | |
0.06 | - | 2 | 3 | 1,648 | Off Market | |
0.05 | $2,907,400 | 6 | 3 | - | Off Market | |
0.07 | $2,489,700 | 4 | 3 | 1,775 | Off Market | |
0.03 | $1,689,300 | 3 | 2 | 1,168 | Off Market | |
0.03 | $2,131,500 | 2 | 2.5 | 2,050 | Off Market | |
0.04 | $1,804,700 | 2 | 2 | 1,114 | Off Market | |
0.04 | $2,225,000 | 3 | 2 | 1,578 | Recently Sold | |
0.04 | $3,002,000 | 3 | 3 | 1,578 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1930
Living Area
2,500 sqft
Price/Sqft
$2,101
About this House
INVESTMENT OPPORTUNITY! BRING OFFERS! Solid rent roll in place, with potential for future lease renewals to be adjusted to current rental market value. Location is perfect, directly across the street from subway entrance and five minutes to union square ensures future longevity in rental tenants. Future build out potential 7000SF total and 80ft height max. Low yearly running costs. Net Operation Income: $104,247.00 per year (Gross is $119,400.00 and gross expenses $15,153.02) This Four unit multi-family building located directly across the street from the Lorimer Street L train station provides easy access to Manhattan. Along with cafe's, bagel shops, retail stores, bicycle shops and restaurants, this area is very desirable for tenants to live. The building underwent several renovations including Facade, complete new insulation around entire building; Roof, New rubber roll on roof; All new Windows, new double pane insulated; Security System, 6 cameras around the exterior,entrance and basement; Electric, new electric run through entire building and new meters; Boilers, each unit has their own boiler for heat which greatly reduces annual running costs. Back yard, New Plant/gardening area and new cement and drainage. The building contains 4 rental units of which three are converted 3 bedroom and one is a 2 bedroom. Laundry in building. FULL CELLAR, and wonderful huge BACK YARD (25ft x 50ft). The building has been very well maintained and the ground floor is zoned for small commercial space. Demand for rental apartments in williamsburg is high. You can live in the entire building, or in one of the apartments and keep the other 3 rented. The choice is yours. FOR FURTHER INFORMATION OR INSPECTION PLEASE CONTACT THE EXCLUSIVE AGENT: Paul Hunt 646-641-3252
583 Lorimer St #4, Brooklyn, NY 11211 is a studio, 2,500 sqft single-family home in Williamsburg, built in 1930. It last sold for $10,800,000 on Feb 10, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $5,253,600, with a rent estimate of $6,625/month.
Home Details for 583 Lorimer St #4
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Levels, Entrance, & Accessibility Stories: 6 |
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Exterior Home Features Roof: Other |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 10 |
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Lot Area: 2500 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 10, 2022 Source: N/A | Sold | $10,800,000 |
Sep 19, 2013 Source: N/A | Sold | $2,250,000 |
Dec 6, 2012 Source: Agent Provided | ListingRemoved | $1,550,000 |
Apr 25, 2012 Source: Agent Provided | Listed For Sale | $1,550,000 |
Mar 4, 1999 Source: N/A | Sold | $220,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $34,331 | $3,543,000 |
Home facts updated by county records
Market trends in Williamsburg
Last updated July 2026
Avg. sale price
$1.3M
$53KMoM
Sale-to-List Price
—
Price per sq ft
$1.39K
$65MoM
Available listings
241
11MoM
Around this home
What Locals Say about Williamsburg
At least 1238 Trulia users voted on each feature.
92 % Say it's walkable to grocery stores
92 % Say there are sidewalks
91 % Say it's walkable to restaurants
90 % Say it's dog friendly
76 % Say streets are well-lit
76 % Say people would walk alone at night
61 % Say kids play outside
57 % Say there's holiday spirit
54 % Say they plan to stay for at least 5 years
53 % Say neighbors are friendly
40 % Say there are community events
38 % Say it's quiet
36 % Say parking is easy
31 % Say yards are well-kept
27 % Say car is needed
25 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 583 Lorimer St #4
- What is 583 Lorimer St #4 estimated to be worth?Trulia's estimated value for 583 Lorimer St #4 in Brooklyn, NY is $5,253,600.
- What is the price history for 583 Lorimer St #4?583 Lorimer St #4 in Brooklyn, NY last sold for $10,800,000 in February 2022.
- Is Brooklyn a buyer's or seller's market?Brooklyn is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Brooklyn?The median sale price in Brooklyn is $1.3M. That is up $53K from the prior month.
- How big is the lot at 583 Lorimer St #4?The lot at 583 Lorimer St #4 in Brooklyn, NY is about 0.06 acres (2,500 sq ft).