
7
Map


242 Broome Street #7C
About This Property
The serene master suite is your personal retreat, with two spacious walk-in closets and a spa-like en suite bathroom. Every detail, from the radiant heated floors to the honed marble surfaces and custom walnut vanity, is designed to provide comfort and style. The second bedroom offers its own en suite bath, complete with luxurious marble finishes and a soaking bathtub. A stylish powder room is located off the foyer for guest convenience. For added practicality, the residence features an in-unit washer and dryer, making everyday living effortless.
242 Broome stands as a modern landmark in one of New York's most vibrant and historic neighborhoods. Designed by the acclaimed SHoP Architects, the building's sleek champagne-colored facade captures the light and energy of the Lower East Side, while the custom interiors by DXA Studio exude calm sophistication with rich materials like marble, blackened steel, and warm woods.
Living at 242 Broome means enjoying a wealth of lifestyle-enhancing amenities. A 24-hour doorman and concierge ensure your needs are always met, while the large industrial-chic fitness center and entertainment lounge provide spaces to unwind and socialize. The rooftop terrace, complete with outdoor dining and cinematic views, is the perfect place to relax or entertain. The prime location puts you steps away from the iconic Essex Market, the International Center for Photography, and the gourmet scene of Dimes Square.
Beyond its luxurious features, 242 Broome offers a prized 421-a tax abatement until 2038, providing significant savings and making this property an attractive long-term investment. Whether you're seeking a stunning home or a smart addition to your portfolio, this residence offers unparalleled value in the heart of Manhattan.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 15, 2024 | Listed by Compass | $2,700,000 | |
Listed by Compass | |||
Apr 21, 2023 | Price Decreased |
$2,188,218
↓ $212K
(8.8%) | |
Price Decreased | |||
Sep 9, 2021 | Delisted | - | |
Delisted | |||
Dec 20, 2018 | Sold to Bcjz Real Estate Group Llc | ||
Sold to Bcjz Real Estate Group Llc | |||
Dec 3, 2018 | In contract | - | |
In contract |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/02/2024
|
1 Bed
|
2 Bath
|
1179 ft²
|
$1,595,000
1 Bed
2 Bath
1179 ft²
|
$1,547,500
-2.98%
02/21/2025
|
-
|
Nadia Bartolucci
Prudential Douglas Elliman Real Estate
| |
09/21/2022
|
2 Bed
|
3 Bath
|
1522 ft²
|
$3,195,000
2 Bed
3 Bath
1522 ft²
|
$2,852,500
-10.72%
03/23/2023
|
Yasmine Guenancia
Douglas Elliman Real Estate
| ||
06/02/2021
|
1 Bed
|
1 Bath
|
773 ft²
|
$1,599,000
1 Bed
1 Bath
773 ft²
|
$1,480,000
-7.44%
06/27/2022
|
-
|
Jordan March
Serhant
| |
08/19/2019
|
3 Bed
|
4 Bath
|
1734 ft²
|
$3,195,000
3 Bed
4 Bath
1734 ft²
|
$3,195,000
11/19/2019
|
Jacob Franco
Douglas Elliman Real Estate
| ||
06/21/2019
|
3 Bed
|
4 Bath
|
2011 ft²
|
$3,995,000
3 Bed
4 Bath
2011 ft²
|
$3,748,944
-6.16%
02/04/2020
|
-
|
Christopher Morales
Elliman
| |
05/23/2019
|
2 Bed
|
2 Bath
|
1226 ft²
|
$2,825,000
2 Bed
2 Bath
1226 ft²
|
-
-
|
-
|
Alex A. Rubin
Douglas Elliman Real Estate
| |
10/12/2018
|
3 Bed
|
4 Bath
|
1683 ft²
|
$3,495,000
3 Bed
4 Bath
1683 ft²
|
$2,995,000
-14.31%
04/15/2020
|
-
|
Christopher Morales
Elliman
| |
06/07/2018
|
2 Bed
|
3 Bath
|
1561 ft²
|
$2,995,000
2 Bed
3 Bath
1561 ft²
|
$3,049,660
+1.83%
08/29/2018
|
- Private -
|
Ariel Y. Tirosh
Douglas Elliman Real Estate
| |
04/19/2017
|
1 Bed
|
2 Bath
|
1005 ft²
|
$2,125,000
1 Bed
2 Bath
1005 ft²
|
$2,125,000
08/14/2019
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
04/19/2017
|
3 Bed
|
4 Bath
|
2181 ft²
|
$6,250,000
3 Bed
4 Bath
2181 ft²
|
$5,900,000
-5.60%
05/01/2019
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
2 Bath
|
1227 ft²
|
$2,590,000
2 Bed
2 Bath
1227 ft²
|
$2,590,000
11/24/2020
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
2 Bath
|
1287 ft²
|
$2,835,000
2 Bed
2 Bath
1287 ft²
|
$2,758,717
-2.69%
10/01/2018
|
-
|
Jacob Franco
Prudential Douglas Elliman Real Estate
| |
07/28/2016
|
1 Bed
|
1 Bath
|
763 ft²
|
$1,695,000
1 Bed
1 Bath
763 ft²
|
$1,665,000
-1.77%
05/28/2019
|
-
|
Jacob Franco
Prudential Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
2 Bath
|
1275 ft²
|
$2,925,000
2 Bed
2 Bath
1275 ft²
|
$2,610,956
-10.74%
06/21/2019
|
-
|
Jacob Franco
Prudential Douglas Elliman Real Estate
| |
07/28/2016
|
1 Bed
|
1 Bath
|
765 ft²
|
$1,595,000
1 Bed
1 Bath
765 ft²
|
$1,439,137
-9.77%
02/20/2019
|
-
|
Jacob Franco
Prudential Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
2 Bath
|
1279 ft²
|
$2,885,000
2 Bed
2 Bath
1279 ft²
|
$2,691,886
-6.69%
08/13/2018
|
-
|
Jacob Franco
Prudential Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
2 Bath
|
1229 ft²
|
$2,500,000
2 Bed
2 Bath
1229 ft²
|
$2,399,857
-4.01%
07/17/2018
|
-
|
Jacob Franco
Prudential Douglas Elliman Real Estate
| |
07/28/2016
|
1 Bed
|
1 Bath
|
765 ft²
|
$1,350,000
1 Bed
1 Bath
765 ft²
|
$1,350,000
08/27/2018
|
-
|
Jacob Franco
Prudential Douglas Elliman Real Estate
| |
07/28/2016
|
3 Bed
|
4 Bath
|
1914 ft²
|
$3,950,000
3 Bed
4 Bath
1914 ft²
|
$3,950,000
06/26/2018
|
-
|
Jacob Franco
Prudential Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
3 Bath
|
1376 ft²
|
$2,500,000
2 Bed
3 Bath
1376 ft²
|
$2,188,218
-12.47%
12/20/2018
|
-
|
Jacob Franco
Prudential Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
2 Bath
|
1289 ft²
|
$2,975,000
2 Bed
2 Bath
1289 ft²
|
$2,975,000
06/03/2019
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
2 Bath
|
1293 ft²
|
$2,700,000
2 Bed
2 Bath
1293 ft²
|
$2,700,000
07/26/2018
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
1 Bed
|
1 Bath
|
966 ft²
|
$1,670,000
1 Bed
1 Bath
966 ft²
|
$1,670,000
08/02/2018
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
2 Bath
|
1226 ft²
|
$2,825,000
2 Bed
2 Bath
1226 ft²
|
$2,695,000
-4.60%
02/11/2021
|
-
|
Jacob Franco
Prudential Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
3 Bath
|
2111 ft²
|
$5,250,000
2 Bed
3 Bath
2111 ft²
|
$5,250,000
08/14/2019
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
3 Bed
|
4 Bath
|
2478 ft²
|
$7,350,000
3 Bed
4 Bath
2478 ft²
|
$7,350,000
06/27/2019
|
-
|
Christopher Morales
Elliman
| |
07/28/2016
|
2 Bed
|
2 Bath
|
1226 ft²
|
$2,775,000
2 Bed
2 Bath
1226 ft²
|
$2,695,000
-2.88%
05/13/2019
|
-
|
Jacob Franco
Prudential Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
3 Bath
|
1353 ft²
|
$2,955,000
2 Bed
3 Bath
1353 ft²
|
$2,955,000
02/19/2019
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
3 Bath
|
1475 ft²
|
$3,050,000
2 Bed
3 Bath
1475 ft²
|
$3,050,000
07/10/2018
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
1 Bed
|
1 Bath
|
767 ft²
|
$1,495,000
1 Bed
1 Bath
767 ft²
|
$1,495,000
08/14/2019
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
1 Bed
|
1 Bath
|
773 ft²
|
$1,275,000
1 Bed
1 Bath
773 ft²
|
$1,275,000
08/14/2019
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
1 Bed
|
2 Bath
|
892 ft²
|
$1,600,000
1 Bed
2 Bath
892 ft²
|
$1,600,000
07/01/2018
|
-
|
Jacob Franco
Prudential Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
2 Bath
|
1179 ft²
|
$1,895,000
2 Bed
2 Bath
1179 ft²
|
$1,895,000
08/28/2018
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
1 Bed
|
1 Bath
|
1224 ft²
|
$2,545,000
1 Bed
1 Bath
1224 ft²
|
$2,545,000
02/18/2019
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
1 Bed
|
1 Bath
|
766 ft²
|
$1,385,000
1 Bed
1 Bath
766 ft²
|
$1,385,000
08/14/2019
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
3 Bath
|
1373 ft²
|
$2,800,000
2 Bed
3 Bath
1373 ft²
|
$2,800,000
08/14/2019
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
1 Bed
|
1 Bath
|
753 ft²
|
$1,325,000
1 Bed
1 Bath
753 ft²
|
$1,325,000
08/14/2019
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
1 Bed
|
1 Bath
|
736 ft²
|
$1,695,000
1 Bed
1 Bath
736 ft²
|
$1,695,000
11/24/2020
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
3 Bath
|
1522 ft²
|
$2,900,000
2 Bed
3 Bath
1522 ft²
|
$2,900,000
09/14/2018
|
-
|
Jacob Franco
Prudential Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
2 Bath
|
1225 ft²
|
$2,725,000
2 Bed
2 Bath
1225 ft²
|
$2,725,000
07/23/2018
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
1 Bed
|
2 Bath
|
976 ft²
|
$1,580,000
1 Bed
2 Bath
976 ft²
|
$1,580,000
07/25/2018
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
1 Bed
|
2 Bath
|
1003 ft²
|
$1,800,000
1 Bed
2 Bath
1003 ft²
|
$1,800,000
08/01/2018
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
2 Bed
|
2 Bath
|
1365 ft²
|
$2,895,000
2 Bed
2 Bath
1365 ft²
|
$2,895,000
07/10/2018
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
| |
07/28/2016
|
1 Bed
|
1 Bath
|
766 ft²
|
$1,650,000
1 Bed
1 Bath
766 ft²
|
$1,650,000
08/09/2018
|
-
|
Jacob Franco
Prudential Douglas Elliman Real Estate
| |
07/26/2016
|
2 Bed
|
2 Bath
|
1286 ft²
|
$2,745,000
2 Bed
2 Bath
1286 ft²
|
$2,745,000
07/26/2018
|
-
|
Yehiel Ariel Tirosh
Douglas Elliman Real Estate
|
Building Info

About Downtown Manhattan
Similar Homes for Sale

$2,500,000
- 2 Beds
- 2 Baths
- 1,215 ft²

$3,000,000
- 2 Beds
- 2 Baths
- 1,364 ft²