Check Availability
$1,495,000
↓ $80K (5.1%)
Condo - For Sale

242 S 1st Street #4E

Brooklyn, NY 11211
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,477 Ft²
$9,640
Est. Monthly
$730
HOA / Fees
4.14%
Cap Rate

About This Property

Best two-bedroom/two-and-a-half bathroom deal in Williamsburg!

For unique historic character, an incredibly spacious layout and two sunny south-facing outdoor spaces, look no further than this impressive two-bedroom, two-and-a-half-bathroom loft triplex located within a stylish condominium conversion in a prime Williamsburg location.  

Spanning more than 1,447 square feet across three levels, this beautiful home offers a flexible floor plan filled with soaring 10-foot-tall beamed ceilings, rich maple hardwood floors and oversized windows facing south and east. The first floor greets you with a gracious entry flanked by a coat closet and a well-appointed guest bathroom featuring a large tub/shower and gorgeous floor-to-ceiling tile. Ahead, enjoy a generous footprint for living and dining areas flanked by a south-facing Juliet balcony and a stunning gourmet kitchen, where sleek white cabinetry boasts thick natural stone countertops. The upscale stainless steel appliances include a gas cooktop, oven, built-in microwave and dishwasher, plus a stacked washer-dryer concealed behind a hidden door.
A spacious bedroom with a roomy closet completes the level. Ascend the open steel staircase to find an expansive indoor-outdoor living area that opens to a nearly 200-square-foot south-facing terrace. Imagine hosting summer barbecues and gameday gatherings on this wonderful outdoor retreat wrapped in gorgeous blue-sky views. A second full bathroom on this level offers a walk-in shower. Above, the home's top floor is dedicated to a private primary suite featuring a king-size bedroom, an oversized half-bathroom and a large dressing area bordered by two large closets. Additional closet space and a mini-split HVAC system add comfort and convenience to this special South Williamsburg sanctuary.

LOFTS1 is a modern, pet-friendly condominium housed within a historic warehouse building featuring an industrial-chic facade, exposed brick and concrete lobby and video intercom entry.
From this vibrant, easily accessible South Williamsburg location, you're just five blocks from the East River waterfront and fantastic Domino Park. Enjoy proximity to Whole Foods, Apple Williamsburg, Nitehawk Cinema, Williamsburg Cinema and remarkable international cuisine, including popular L'Industrie Pizza on the next block. Nearby J/Z, M, L and G trains, excellent bus service, CitiBike stations, the BQE and both the North and South Williamsburg Ferry Terminals put the rest of the city within easy reach.
Unit Size
1,477 Ft²
Days on Market
130 days
Land Size
-
Price per sqft
$1,012
Property Type
Condo
Property Taxes
$1,569
HOA Dues
$730
Year Built
1911

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Last updated: 2 months ago (RLS #RLS11019875)

Price History

Date / Event Date Event Price
Feb 6, 2025 Price Decreased $1,495,000
↓ $80K (5.1%)
Price Decreased
Sep 25, 2024 Listed by Compass $1,575,000
Listed by Compass
Feb 5, 2021 Sold
Sold
Sep 17, 2021 Sold to Nikolas Wylie
Sold to Nikolas Wylie
Jan 15, 2015 Sold to Gregory James
Sold to Gregory James
Show More

Property Highlights

Doorman
Air Conditioning
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, High Ceilings
Appliances: Cooktop, Dishwasher, Gas Cooktop, Gas Oven, Refrigerator, Stainless Steel Appliance(s)
Flooring Type: Hardwood
Laundry Features: In Unit, See Remarks
Rooms: 5
Exterior Details
Square Footage: 1477
Architectural Style: WalkUp
Year Built: 1911
Patio and Porch Features: Terrace
Lot Size Units: Square Feet
Lot Size Dimensions: 55.000000x100.000000
Tax Lot: 1222
Financial Details
Tax Annual Amount: $18,828
Utilities Details
Cooling Type: Central Air
Location Details
HOA Fee: $730
HOA Fee Frequency: Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
3 Baths
1,447 ft²
$1,033/ft²
$1,495,000 May 16, 2021
$1,495,000 Sep 17, 2021
$1,863/mo
Condo
2 Beds
1 Bath
1,497 ft²
$1,079/ft²
$1,615,000 Jan 11, 2016
$1,615,000 Apr 20, 2016
$456/mo
Condo
2 Beds
2 Baths
1,449 ft²
$1,035/ft²
$1,499,000 Sep 30, 2014
$1,499,000 May 6, 2015
$441/mo
Condo
2 Beds
2 Baths
1,272 ft²
$1,208/ft²
$1,536,000 Apr 14, 2021
$1,536,000 Aug 11, 2021
$928/mo
Condo
2 Beds
2 Baths
1,133 ft²
$1,443/ft²
$1,635,000 Apr 7, 2024
$1,635,000 Jul 30, 2024
$1,142/mo
Condo
2 Beds
2 Baths
1,200 ft²
$1,375/ft²
$1,650,000 Jul 2, 2017
- Feb 5, 2021
$565/mo
Condo
2 Beds
2 Baths
1,300 ft²
$1,204/ft²
$1,565,000 Aug 2, 2024
-
$1,551/mo
Condo
2 Beds
2 Baths
1,210 ft²
$1,446/ft²
$1,750,000 Jan 22, 2024
-
$1,941/mo
Condo
2 Beds
2 Baths
1,176 ft²
$1,271/ft²
$1,495,000 Sep 1, 2024
-
$1,781/mo
Condo
2 Beds
2 Baths
1,068 ft²
$1,685/ft²
$1,800,000 Jan 9, 2025
-
$1,682/mo
Condo
2 Beds
2 Baths
1,035 ft²
$1,541/ft²
$1,595,000 Aug 30, 2022
-
$1,897/mo
Condo
2 Beds
2 Baths
1,116 ft²
$1,344/ft²
$1,500,000 Sep 11, 2024
-
$1,709/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220119 Unit 2B
01/19/2022
2B
Studio
1 Bath
587 ft²
$650,000
bedrooms
Studio
bathrooms
1 Bath
square feet
587 ft²
$650,000
06/17/2022
Evan F. Church
Corcoran Group
20220109 Unit 2E
01/09/2022
2E
1 Bed
1 Bath
664 ft²
$750,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
664 ft²
$788,000 +5.07%
03/16/2022
- Private -
Gabriela Svec
Corcoran Group
20210516 Unit PH4E
05/16/2021
2 Bed
3 Bath
1447 ft²
$1,585,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1447 ft²
$1,495,000 -5.68%
09/17/2021
-
Christopher Cavorti
Corcoran
20201021 Unit 2C
10/21/2020
2C
Studio
1 Bath
591 ft²
$599,000
bedrooms
Studio
bathrooms
1 Bath
square feet
591 ft²
$610,000 +1.84%
05/27/2021
Evan F. Church
Corcoran Group
20190311 Unit 2D
03/11/2019
2D
Studio
1 Bath
579 ft²
$635,000
bedrooms
Studio
bathrooms
1 Bath
square feet
579 ft²
$599,000 -5.67%
07/24/2019
Marvin Chu
Corcoran Group
20180530
05/30/2018
Studio
1 Bath
-
-
bedrooms
Studio
bathrooms
1 Bath
-
-
-
-
20170412 Unit PH4F
04/12/2017
2 Bed
2 Bath
1200 ft²
$1,200,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
$1,200,000
08/07/2017
-
Jonah Katz
Compass
20160905 Unit 3A
09/05/2016
3A
Studio
1 Bath
564 ft²
$570,000
bedrooms
Studio
bathrooms
1 Bath
square feet
564 ft²
$570,000
02/24/2017
-
Stefanie L Barlow
Corcoran Group
20160629 Unit 4B
06/29/2016
4B
2 Bed
2 Bath
1200 ft²
$1,200,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
$1,200,000
02/05/2021
-
Caroline U J Grane
Nest Seekers LLC
20151117 Unit 2F
11/17/2015
2F
Studio
1 Bath
616 ft²
$650,000
bedrooms
Studio
bathrooms
1 Bath
square feet
616 ft²
$650,000
03/07/2016
Jeffrey Nolan
Corcoran Group
20140429 Unit 1B
04/29/2014
1B
Studio
2 Bath
1285 ft²
$749,000
bedrooms
Studio
bathrooms
2 Bath
square feet
1285 ft²
$700,000 -6.54%
07/11/2014
Paul Rosen
The Corcoran Group
20140331 Unit 4A
03/31/2014
4A
1 Bed
1 Bath
1212 ft²
$1,100,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1212 ft²
$1,025,000 -6.82%
08/22/2014
-
Marjorie Dybec
Prudential Douglas Elliman Real Estate
20140328 Unit 4E
03/28/2014
4E
2 Bed
2.5 Bath
1447 ft²
$995,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
1447 ft²
$1,050,000 +5.53%
02/05/2021
-
Dean Moodie
R New York
20131031 Unit 1F
10/31/2013
1F
1 Bed
2 Bath
-
$899,000
bedrooms
1 Bed
bathrooms
2 Bath
$755,000 -16.02%
05/13/2014
Leah Rubin
Olympic Realty New York, Inc.

Building Info

Lofts1 242 South 1st Street, Brooklyn, NY 11211
  • 30 Units
  • 1 Unit for Sale
More about this Building
242 South 1st Street
Want to find out who owns 242 South 1st Street, Brooklyn, NY 11211? Get detailed property transactions here.

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