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977 Lorimer Street, Brooklyn, NY, 11222

7beds
4baths
3,192sqft
$3,195,000
$1,001price/sqft
$19,396/moest. monthly cost
$775,840/yrincome needed

About This Home

Welcome to 977 Lorimer St., a pre-war corner property on a picturesque, tree-lined block in the heart of Greenpoint, Brooklyn. Only one block from McCarren Park, this classic three-story building is currently configured as three residential units, including a spacious three-bedroom duplex with street-level entry. Inside, original details such as marble fireplace mantels, high ceilings, and a large entertaining area add historic character. The sun-filled second floor offers a generous one-bedroom layout with a walk-in closet, living room, and dining room. The third floor features a three-bedroom unit with a combined living and dining area. All three units include galley kitchens. Built in 1899 and spanning approximately 1,330 square feet, the property combines historic Brooklyn charm with flexible use potential and strong long-term upside. It also includes a rare three-car garage. Adding to its appeal, the property offers approximately 3,192 buildable square feet, creating potential for expansion or redevelopment. Whether for investment, owner-occupancy flexibility, or long-term appreciation, this is a compelling opportunity in one of Brooklyn’s most desirable neighborhoods. Transportation: B43, B62, G TRAIN – NASSAU AVE.

Getting Around

97
WalkingWalker's Paradise
0
TransitVery Limited Transit
96
BikeBiker's Paradise

Schools

10/10
P.S. 34 Oliver H PerryGrades PK-50.2 mi
3/10
A-Tech High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1899

Materials

  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • First Floor Bedroom,Ceiling Fan(s),Galley Type Kitchen,High Ceilings
  • Flooring: Hardwood
  • Fireplace features: Decorative
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,192
  • Total interior livable area: 3,192 sqft

Property

Details

  • Parcel number: 026180033
  • Attached to another structure: Yes
  • Special condition: None

Lot

  • Lot size: 1,330 sqft
  • Lot size dimensions: 19 x 70

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $16,155$193,860
Home Insurance *$1,223$14,676
Property Taxes $1,491$17,892
Electricity $527$6,330
Total$19,396$232,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$665,005/yr
40% on housing$581,880/yr
45% on housing$517,226/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,001This listing

vs Other Active Listings

Avg $/sqft

ZIP 11222$1,027
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11222$1,742
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-29Listed for sale$3,195,000

For Sale by Agent

AgentMagdalene A. Jacobson CBR
BrokerageEXP Realty

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