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  • $870,000

    242 S 1st St APT 2E, Brooklyn, NY 11211

    1beds
    664sqft
    Condominium
    Built in 1911
    -- sqft lot
    $875,700 Zestimate®
    $1,310/sqft
    $4,727 Estimated rent

    Home value

    $875,700

    $806,000 - $955,000

    $4,727/mo

    Zestimate® history
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    What's special

    Brand-new oversized windowsVirtual doormanHome officeSpa-inspired bathroomStainless steel appliancesJuliet balconyExtra-deep soaking tub
    Welcome to LOFTS1 – Historic Charm Meets Modern Loft Living in Williamsburg! Residence 2E is a bright and airy one-bedroom home with South and East exposures and a charming Juliet balcony. Industrial-chic design elements include soaring 10.5-foot beamed ceilings, maple hardwood flooring, and brand-new oversized windows, creating a warm, character-rich living space filled with natural light. The apartment opens with a private entry foyer that leads to an open-concept kitchen, outfitted with a sleek black granite breakfast bar, stainless steel appliances, and ample cabinetry—ideal for both entertaining and daily living. The spa-inspired bathroom features an extra-deep soaking tub, offering a peaceful retreat. The layout is currently configured as a one-bedroom with a dining alcove, which can easily be used as a home office—perfect for those seeking flexible, work-from-home–friendly space. Additional features include an in-unit washer/dryer, split-system air conditioning, and a virtual doorman. Originally constructed in 1911 as a cheesecake factory, LOFTS1 has been thoughtfully converted into a boutique condominium, combining historic industrial architecture with contemporary finishes. Located on a lively Williamsburg block, the building offers a true loft-living experience in one of Brooklyn’s most vibrant neighborhoods. Set at the quiet rear of the building, Residence 2E provides peaceful living just moments from the action. Enjoy easy access to the Bedford L and Marcy J/M/Z subway lines, and just five blocks from the East River waterfront and Domino Park. Neighborhood favorites like Whole Foods, Apple Williamsburg, Nitehawk Cinema, and L’Industrie Pizza are all nearby. With convenient access to the L, J, M, Z, and G trains, CitiBike stations, the BQE, and both the North and South Williamsburg ferry terminals, this home is perfectly positioned for seamless city living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Maryana Kozlova,

    MK Realty Group LLC

    Source: StreetEasy,MLS#: S1776252

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Washer/Dryer
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 664
    • Total interior livable area: 664 sqft

    Property

    Features
    • Patio & porch: Other
    • Exterior features: Balcony
    Details
    • Parcel number: 024081210
    • Special conditions: Resale

    Construction

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

    Community & HOA

    Community
    • Features: Virtual Doorman
    • Security: Virtual Doorman
    • Subdivision: Williamsburg
    HOA
    • Services included: Maintenance
    • HOA fee: $324 monthly
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $1,310/sqft
    • Tax assessed value: $164,674
    • Annual tax amount: $7,044
    • Date on market: 6/13/2025

    Price history

    DateEventPrice
    9/24/2025Sold$870,000-1.7%$1,310/sqft
    Source: Public Record Report a problem
    7/14/2025Contingent$885,000$1,333/sqft
    Source: StreetEasy #S1776252 Report a problem
    6/13/2025Listed for sale$885,000+12.3%$1,333/sqft
    Source: StreetEasy #S1776252 Report a problem
    4/20/2022Sold$788,000+5.1%$1,187/sqft
    Source: Public Record Report a problem
    1/23/2022Pending sale$750,000$1,130/sqft
    Source: StreetEasy Report a problem
    1/10/2022Listed for sale$750,000+32.5%$1,130/sqft
    Source: StreetEasy Report a problem
    12/13/2012Sold$566,250+28.4%$853/sqft
    Source: Public Record Report a problem
    10/22/2007Sold$441,090$664/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,496 +2%$74,104 +5.8%
    2024$8,332 $70,074 +0.8%
    2023-- $69,526 +2.1%
    2022-- $68,125 +14.1%
    2021-- $59,687 -9.3%
    2020$7,306 +28.2%$65,822 +0.5%
    2019$5,697 -12.7%$65,525 +3.6%
    2018$6,526 +3.2%$63,239 +11.7%
    2017$6,325 +11%$56,625 +7.5%
    2016$5,700 $52,652 +5.8%
    2015$5,700 +98.8%$49,774 +4.9%
    2014$2,867 $47,457 +12.6%
    2013-- $42,150 +2.8%
    2012-- $41,012 +44.3%
    2011-- $28,418 -6.3%
    2010-- $30,327 -8.2%
    2009-- $33,037 +62.6%
    2008-- $20,321
    Find assessor info on the county website

    Neighborhood: Williamsburg

    Nearby schools

    GreatSchools rating