About this home

This 3 bed, 2 bath multi-family home at 977 Lorimer St in Brooklyn, NY. Listed at $3,195,000. The property sits in the New York City area of NY. The lot measures 1,329 sqft.

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Property details

Price: $3,195,000
Bedrooms: 3
Bathrooms: 2
Lot size: 1,329 sqft
Type: Multi-Family
Est. property tax: $44,091/yr · $3,674/mo · 1.38% NY avg

Estimated monthly payment

Down payment20% ($639,000)

Interest rate6.75%

Principal & Interest$16,578

Property Tax$2,929

Insurance$150

Total$19,657/mo

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Location

This home is located in Brooklyn, NY, in the New York City area. Browse more Brooklyn listings on the Brooklyn market page or explore the full Brooklyn market report.

About Brooklyn: Brooklyn is the most populous of the five boroughs of New York City, coextensive with Kings County, in the U.S. state of New York. Located at the westernmost end of Long Island and formerly an independent city, Brooklyn shares a land border with the borough and county of Queens. It has several bridge and tunnel connections to the borough of Manhattan, across the East River, including the architecturally significant Brooklyn Bridge, and is connected to Staten Island by the Verrazzano–Narrows Bridge. (source: Wikipedia)

Climate: Average year-round temperature is 55°F with 209 dry days per year and 49.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 11222)

This neighborhood is highly educated (42% hold a bachelor's degree) and is primarily renter-occupied (18% owner-occupied). Median age is 34.8; median household income is $126,250.

Median income: $126,250
Median age: 34.8
Owner-occupied: 18.4%
Bachelor's degree: 41.8%
Census median home value: $1,242,800

Source: US Census Bureau American Community Survey 5-year estimates.