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  • $1,150,000

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

    1beds
    1,074sqft
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    Condominium
    Built in 1911
    -- sqft lot
    $1,167,200 Zestimate®
    $1,071/sqft
    $521/mo HOA

    What's special

    Expansive open-plan layoutSplit ac systemMaple wood floors
    Artist’s Duplex with Private Terrace in Iconic Williamsburg Loft Conversion Welcome to Lofts1, a boutique 23-unit condominium that blends authentic loft living with modern luxury. Originally a cheesecake factory built in 1911 and masterfully reimagined by Andres Escobar in 2007, this industrial-chic building captures the soul of Williamsburg’s creative spirit. Residence 1D is a one-of-a-kind duplex loft offering 1,074 square feet of flexible living space, including one spacious bedroom, two full bathrooms, and a private 200 SF terrace – perfect for al fresco dining, gardening, or unwinding with a glass of wine. Enter through your private foyer into an expansive open-plan layout featuring soaring 13-foot ceilings, maple wood floors, and brand-new factory-sized windows that flood the home with natural light. The chef’s kitchen is outfitted with sleek black granite countertops, stainless steel appliances, and abundant cabinetry. Adjacent is a spa-like bathroom with an oversized soaking tub, ideal for relaxing after a long day. Enjoy premium conveniences including an in-unit washer/dryer, a split AC system, virtual doorman, and custom French doors that open directly to your sun-drenched private terrace with southern exposure. Downstairs, the generous bedroom features its own entrance, full bath, and room for a home office or creative studio. With two separate entrances, this flexible layout allows for easy conversion into a two-bedroom, two-bathroom residence (if desired) . Located in the heart of South Williamsburg, Lofts1 places you at the epicenter of Brooklyn’s most dynamic neighborhood. Just steps from Havemeyer Street, Grand Street, and Metropolitan Avenue, you’re surrounded by the area’s best dining, cafes, bars, and nightlife. Transit is a breeze with the Bedford Ave L, Marcy Ave J/M/Z, and Metropolitan G trains all nearby, and the vibrant Domino Park only four blocks away. If you’re looking for a unique, light-filled loft with authentic character and unbeatable location, Residence 1D checks every box. Don’t miss this rare opportunity to own a piece of Williamsburg’s creative legacy. Reach out to Jessie Lookfong TODAY to Schedule a Showing! *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.
    119 days
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    613
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    26
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    Zillow last checked:

    Listing updated:

    Listed by:

    Capri Jet Realty Corp 631-408-8918,

    Jessie Lookfong,

    Javier Cortes

    Source: StreetEasy,MLS#: S1817976

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 2
      Appliances
      • Included: Dishwasher, Washer/Dryer
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 1,074
      • Total interior livable area: 1,074 sqft

      Property

      Features
      • Patio & porch: Terrace
      • Exterior features: Terrace
      Details
      • Parcel number: 024081203
      • Special conditions: Resale

      Construction

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

      Community & HOA

      Community
      • Features: Doorman, Virtual Doorman
      • Security: Doorman, Virtual Doorman
      • Subdivision: Williamsburg
      HOA
      • Services included: Maintenance
      • HOA fee: $521 monthly
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $1,071/sqft
      • Tax assessed value: $266,012
      • Annual tax amount: $10,992
      • Date on market: 3/25/2026

        Estimated market value

        $1,167,200

        $1.11M - $1.23M

        $6,654/mo

        Price history

        DateEventPrice
        3/25/2026Listed for sale$1,150,000-11.5%$1,071/sqft
        Source: StreetEasy #S1817976 Report a problem
        8/13/2025Listing removed$1,299,000$1,209/sqft
        Source: OneKey® MLS as distributed by MLS GRID #861115 Report a problem
        5/12/2025Listed for sale$1,299,000+143%$1,209/sqft
        Source: StreetEasy #S1770716 Report a problem
        4/11/2008Sold$534,581$498/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,724 +2%$119,706 +5.8%
        2024$13,460 $113,197 +0.8%
        2023-- $112,312 +2.1%
        2022-- $110,048 +14.1%
        2021-- $96,417 -9.3%
        2020$9,736 +5.8%$106,328 +0.5%
        2019$9,203 -12.7%$105,847 +3.6%
        2018$10,543 +3.2%$102,154 +11.7%
        2017$10,217 +8.8%$91,472 +7.5%
        2016$9,395 $85,053 +5.8%
        2015$9,395 +88.5%$80,403 +4.9%
        2014$4,983 $76,661 +12.6%
        2013-- $68,088 +2.8%
        2012-- $66,251 +44.3%
        2011-- $45,906 -6.3%
        2010-- $48,991 -8.2%
        2009-- $53,367 +62.6%
        2008-- $32,819
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Williamsburg

        Getting around

        99 / 100
        Walker's Paradise
        94 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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