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.
Active
$1,150,000
242 S 1st St APT 1D, Brooklyn, NY 11211
1beds
1,074sqft
Condominium
Built in 1911
-- sqft lot
$1,157,800 Zestimate®
$1,071/sqft
$521/mo HOA
What's special
Expansive open-plan layoutSplit ac systemMaple wood floors
- 164 days
- 634
- 20
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
$1,157,800
$1.10M - $1.22M
$6,555/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Listed for sale | $1,150,000-11.5%$1,071/sqft |
Source: StreetEasy #S1817976 Report a problem | ||
| 8/13/2025 | Listing removed | $1,299,000$1,209/sqft |
Source: | ||
| 5/12/2025 | Listed for sale | $1,299,000+143%$1,209/sqft |
Source: StreetEasy #S1770716 Report a problem | ||
| 4/11/2008 | Sold | $534,581$498/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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







