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Off market
  • $1,859,000

    242 S 1st St APT 4E, Brooklyn, NY 11211

    2beds
    1,447sqft
    Condo
    Built in 1911
    -- sqft lot
    $1,859,000 Zestimate®
    $1,285/sqft
    $7,803 Estimated rent

    Home value

    $1,859,000

    $1.71M - $2.03M

    $7,803/mo

    Zestimate® history
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    $7,803/mo

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    $11,986/mo

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    $11,986/mo

    Est. payment

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    What's special

    Accepted Offer. This Sun-drenched Triplex Penthouse Loft with Private Roof Garden epitomizes comfortable luxe living in 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 a 1,447 SF Turnkey, top-floor 2 bed, 2.5 bath loft with a non-cookie cutter layout, where every nook & cranny has been creatively reimagined... Pass through the residence's foyer to be greeted by an open kitchen gorgeously re-outfitted with natural stone waterfall countertop, streamlined white cabinetry, top-of the-line-appliances and a seamlessly hidden stacked washer/dryer. Natural light pours endlessly into the main floor from Southern & Eastern exposures. The modern aesthetics, congruent to the industrial style, include factory-sized windows, soaring 10' + high concrete beamed ceilings and immaculate walnut-stained maple wood floors. Ascend the staircase up to the second level, past the sitting area/library where a cozy living area leads out directly onto a 229 SF rooftop oasis with city views. It is the perfect retreat for your morning coffee/routine, or al-fresco dining and cocktails after a long day in New York City. Nicely tucked away in the corner is a second full bathroom with walk-in shower. Finally, set on the top level is the master bedroom suite, featuring abundant closets, dressing area and an en-suite half bath. 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 a zen-like outdoor space, 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: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Cooling
    • Central
    Appliances
    • Included: Dryer, Washer
    Interior area
    • Total interior livable area: 1,447 sqft

    Property

    Details
    • Parcel number: 024081222

    Construction

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

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $746 monthly
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $1,285/sqft
    • Tax assessed value: $372,306
    • Annual tax amount: $19,209

    Price history

    DateEventPrice
    12/29/2024Listing removed$1,675,000$1,158/sqft
    Source: StreetEasy #S1742860 Report a problem
    11/6/2024Listed for sale$1,675,000+12%$1,158/sqft
    Source: StreetEasy #S1742860 Report a problem
    10/19/2021Sold$1,495,000$1,033/sqft
    Source: Public Record Report a problem
    8/12/2021Pending sale$1,495,000$1,033/sqft
    Source: StreetEasy Report a problem
    7/6/2021Price change$1,495,000-5.7%$1,033/sqft
    Source: StreetEasy Report a problem
    5/17/2021Listed for sale$1,585,000+51%$1,095/sqft
    Source: StreetEasy Report a problem
    1/28/2015Sold$1,050,000+5.5%$726/sqft
    Source: Public Record Report a problem
    10/24/2014Pending sale$995,000$688/sqft
    Source: MNS #208581 Report a problem
    10/23/2014Listed for sale$995,000$688/sqft
    Source: MNS #208581 Report a problem
    10/21/2014Pending sale$995,000$688/sqft
    Source: MNS #208581 Report a problem
    9/18/2014Listed for sale$995,000+34.5%$688/sqft
    Source: MNS #208581 Report a problem
    7/11/2014Sold$740,000-32.7%$511/sqft
    Source: Agent Provided Report a problem
    6/19/2014Price change$1,100,000-8.3%$760/sqft
    Source: The Corcoran Group #3168243 Report a problem
    4/24/2014Price change$1,199,000-4%$829/sqft
    Source: The Corcoran Group #3168243 Report a problem
    3/28/2014Listed for sale$1,249,000+65.8%$863/sqft
    Source: The Corcoran Group #3168243 Report a problem
    1/17/2008Sold$753,505$521/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,209 +2%$167,538 +5.8%
    2024$18,838 $158,427 +0.8%
    2023-- $157,190 +2.1%
    2022-- $154,021 +14.1%
    2021-- $134,942 -9.3%
    2020$13,627 +5.8%$148,815 +0.5%
    2019$12,881 -12.7%$148,143 +3.6%
    2018$14,756 +3.2%$142,974 +11.7%
    2017$14,300 +5.3%$128,022 +7.5%
    2016$13,575 $119,039 +5.8%
    2015$13,575 +94.6%$112,532 +4.9%
    2014$6,975 $107,294 +12.6%
    2013-- $95,295 +2.8%
    2012-- $92,723 +44.3%
    2011-- $64,249 -6.3%
    2010-- $68,567 -8.2%
    2009-- $74,692 +62.6%
    2008-- $45,935
    Find assessor info on the county website

    Neighborhood: Williamsburg

    Nearby schools

    GreatSchools rating