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Off market
  • $1,412,000

    242 S 1st St APT 1C, Brooklyn, NY 11211

    2beds
    1,417sqft
    Condo
    Built in 1911
    -- sqft lot
    $1,412,000 Zestimate®
    $996/sqft
    $7,691 Estimated rent

    Home value

    $1,412,000

    $1.30M - $1.55M

    $7,691/mo

    Zestimate® history
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    $9,065/mo

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    What's special

    Accepted Offer! The only 2 Bed/2 Bath Condo Loft in Williamsburg Prime, under $800 per square foot! This corner duplex residence with north-eastern exposure epitomizes boutique living within the lively, energetic heart of Williamsburg. 242 South 1st Street aka LOFTS1 is formerly a cheesecake factory built in 1911, and ultimately converted into a modern boutique condominium. Offering an incredible opportunity to own over 1,400 SF of loft space full of character and with a a non-cookie cutter layout, at an incredible value! Set foot right into an expansive & airy living and dining area with double exposure, and industrial-chic elements such as 12' soaring-high beamed ceilings, well-maintained maple wood flooring, and warehouse-sized windows. The open u-shaped kitchen with breakfast bar is dressed with sleek black granite, high-profile GE stainless steel appliances, and custom LED lighting. Right behind the kitchen is one of the two full bathrooms, with an extra-deep soaking tub. Descend the staircase within, onto the suite/bedroom level with nearly 10' ceiling height! Along the hall, there's a second private entrance/egress, second full bathroom with stand-in glass shower, custom closet and access to the washer/dryer. Both bedrooms are graciously-sized: the primary can comfortably accommodate a king bed while the second bedroom offers superb utility as (or a combination of) a guest room, home office, and/or nursery! LOFTS1 is conveniently surrounded by Williamsburg's hottest venues, restaurants, cafes, bars, nightlife...all right out the front door on bustling Havemeyer Street, Grand Street and Metropolitan Avenue. Perched right in between multiple subway lines: Bedford Avenue L and Marcy Avenue J, M, Z trains. Approximately 4 blocks away is the renowned Domino Park with endless open green space. If you're seeking a distinctive home with charm, and an expansive layout for working-from-home / wfm comfortably....seek no further, this is it!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Interior area
    • Total interior livable area: 1,417 sqft

    Property

    Details
    • Parcel number: 024081202

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1911

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $704 monthly
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $996/sqft
    • Tax assessed value: $351,378
    • Annual tax amount: $18,129

    Price history

    DateEventPrice
    2/24/2022Sold$1,070,000-5.6%$755/sqft
    Source: Public Record Report a problem
    12/3/2021Pending sale$1,133,000$800/sqft
    Source: StreetEasy Report a problem
    9/10/2021Listed for sale$1,133,000-1.5%$800/sqft
    Source: StreetEasy Report a problem
    8/16/2021Listing removed--
    Source: StreetEasy Report a problem
    7/6/2021Price change$1,150,000-11.2%$812/sqft
    Source: StreetEasy Report a problem
    5/20/2021Listed for sale$1,295,000+92.7%$914/sqft
    Source: StreetEasy Report a problem
    12/1/2007Sold$672,045$474/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,129 +2%$158,120 +5.8%
    2024$17,779 $149,522 +0.8%
    2023-- $148,353 +2.1%
    2022-- $145,363 +14.1%
    2021-- $127,357 -9.3%
    2020$12,861 +5.8%$140,449 +0.5%
    2019$12,156 -12.7%$139,815 +3.6%
    2018$13,926 +3.2%$134,937 +11.7%
    2017$13,497 +5.3%$120,826 +7.5%
    2016$12,812 $112,347 +5.8%
    2015$12,812 +101.3%$106,206 +4.9%
    2014$6,365 $101,263 +12.6%
    2013-- $89,938 +2.8%
    2012-- $87,511 +44.3%
    2011-- $60,638 -6.3%
    2010-- $64,712 -8.2%
    2009-- $70,493 +62.6%
    2008-- $43,348
    Find assessor info on the county website

    Neighborhood: Williamsburg

    Nearby schools

    GreatSchools rating