Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,439,137

· Closed February 20, 2019

242 BROOME Street #11D
Closed For Sale Condo

$1,439,137

$1,881 per sq ft

242 BROOME Street #11D

Lower East Side, Manhattan

Essex Crossing

MLS® #RLS10842623

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

765

Sq. Ft.

2018

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 765 sq ft
Year Built 2018
Ownership Condo
HOA/Common Charges $1,511/mo
Property Taxes $5,376/yr
Neighborhood Lower East Side
Floor 11 of 14

Property Highlights

  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 11 of 14
Pets Yes
Year Built 2018 (New)
Living Area 765 sq ft
Parcel # 0409-1246

Listing History

Event Date Price Change
Listed Sep 9, 2021 $1,595,000 -
Currently May 6, 2026 $1,439,137 -9.8%

Description

242 Broome represents a rare opportunity for anyone seeking a modern home in the Lower East Side, one of New York's most storied neighborhoods. Designed by next-generation firm SHoP Architects, the building's champagne-colored facade softly reflects the surrounding buildings, while capturing an ever-changing dance between past and future. Utilizing a sophisticated mix of materials - slab marble, blackened steel, and warm woods - the artistic, custom-designed interiors by DXA Studio exude calm and comfort.


This exceptional 765 SF, one-bedroom, one-bathroom residence features 10' ceilings and 7' wide-plank white oak floors throughout. The gracious open concept living and kitchen space embraces the north exposure, and allows for a seating arrangement and dining area perfect for entertaining. The kitchen offers warm grey walnut cabinetry with a polished Calacatta marble countertop, backsplash, and kitchen island. Fully integrated, state-of-the-art Gaggenau appliances include a stainless steel 30" five-burner gas cooktop, 30" electric oven, 30" speed oven, refrigerator, freezer, and wine refrigerator.


The master bedroom reveals a spacious walk-in closet, and a luxurious bathroom with radiant heated flooring sits adjacent. Alanur honed marble floors and wet walls, Imperial Danby countertops, a custom walnut vanity, and a shower with thermostat and volume regulators are complemented by Duravit polished chrome fixtures.


The residence comes complete with a washer and dryer, and the option to purchase residential storage. 242 Broome's extensive, lifestyle-enhancing amenity program includes: 24-hr doorman/concierge and building manager, fitness center with changing areas, entertainment lounge with kitchen, flex space and billiards, and a beautifully landscaped rooftop terrace with outdoor dining. Occupancy is immediate.


The complete offering terms are in an offering plan available from Sponsor File No. CD15-0376. Sponsor: Site 1 DSA Owner LLC c/o Taconic Investment Partners LLC, 111 Eighth Avenue, Suite 1500, NY, NY, 10011. Equal housing opportunity.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $1,511/mo
RE Taxes $5,376/yr ($448/mo)
Original Price $1,595,000
Sale Price $1,439,137
Previous Price $1,595,000

The Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.

Lower East Side Live Market Data

View Neighborhood

Active Listings

115

Median Asking Price

$1.29M

Median $/Sqft

$1,407

Avg Days on Market

N/A

New This Week

11

Price Reduced

28%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/5/26, 9:39 PM EST

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Location

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242 BROOME Street #11D, Lower East Side, New York County

Building Information

Official NYC property records for this building

2016
Year Built
10 years old
14
Floors
55
Residential Units
C6-1
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $30,121,197
Land Value: $7,822,797
Exemptions: $23,138,367

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 21,996 SF
Building Area: 137,000 SF
Built FAR: 6.23
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,511 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $5,376, or roughly $448 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 765 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2018, making it approximately 8 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

At the current list price of $1,439,137 for 765 sq ft, the asking price per square foot is approximately $1,881. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10842623
First Listed: 9/9/2021
Price Changed: 4/21/2023
Closed: 2/20/2019
Contract Date: 7/28/2016

Listing Courtesy of Douglas Elliman Real Estate - Jacob Franco

Listing Contact: (917) 751-6007

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/6/2026 at 1:39 AM UTC

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