Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,547,500

· Closed February 21, 2025

242 BROOME Street #5A
Closed For Sale Condo

$1,547,500

$1,313 per sq ft

242 BROOME Street #5A

Lower East Side, Manhattan

Essex Crossing

MLS® #RLS10983495

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

2

Baths

1,179

Sq. Ft.

2018

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2
Living Area 1,179 sq ft
Year Built 2018
Ownership Condo
HOA/Common Charges $2,477/mo
Property Taxes Contact for details
Neighborhood Lower East Side
Floor 5 of 14

Property Highlights

  • Views: City
  • Exposure: South facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 5 of 14
View City
Exposure South
Cooling Central Air
Pets Yes
Year Built 2018
Living Area 1,179 sq ft
Structure Type HighRise
Basement Other
Parcel # 0409-1206
Block/Lot 00409/1206

Listing History

Event Date Price Change
Listed May 2, 2024 $1,695,000 -
Price Reduced Feb 21, 2025 $1,595,000 -5.9%
Currently May 3, 2026 $1,547,500 -3.0%

Description

Residence 5A is an oversized one bedroom with home office featuring two full bathrooms, airy 10-ft ceilings, oversized casement windows and 7" wide-plank white oak floors. Designed by next-generation firm SHoP Architects, the facade of Essex Crossing softly reflects the surrounding buildings, while capturing an ever-changing dance between past and future.

The gracious open concept living and kitchen space embraces the south exposure and 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 primary bedroom reveals a spacious walk-in closet and a luxurious en suite bathroom with radiant heated flooring. 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. This rare and unique layout offers a separate dining area or home office with a large closet. Off the foyer, the secondary bath also features honed marble floors and tiled wet walls with bathtub. The residence comes complete with a washer and dryer.

242 Broome's extensive, lifestyle-enhancing amenity program includes a full time doorman and concierge, building manager, fitness center, entertainment lounge with kitchen, flex space with billiards and a beautifully landscaped rooftop terrace with outdoor dining. 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. The building sits atop the vibrant Essex Market, a unique multi-floor food hall home to dozens of specialty food vendors and eateries. Also close by are many trendy restaurants, bars, cafes, and shops as well as Sara D. Roosevelt Park, the East Village, Little Italy, NoLita, and Chinatown. Nearby subway lines include the B/D/F/M/J/Z.

Features & Amenities

Interior Features

Smoke Free Building None Washer Hookup In Unit

Exterior Features

Building Roof Deck Private Outdoor Space Under60 Sqft

Building Amenities

Common Playroom Concierge Game Room

Building Information

Building Essex Crossing
Building Data View Compliance & Permits
Total Units 55
Stories 14
Structure HighRise

Financial Details

Common Charges $2,477/mo
RE Taxes Contact for details
Original Price $1,695,000
Sale Price $1,547,500
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

113

Median Asking Price

$1.27M

Median $/Sqft

$1,407

Avg Days on Market

N/A

New This Week

11

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/3/26, 6:24 AM EST

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Location

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242 BROOME Street #5A, 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 $2,477 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 2 full bathrooms.

The listed interior living area is 1,179 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.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,547,500 for 1,179 sq ft, the asking price per square foot is approximately $1,313. 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: RLS10983495
First Listed: 5/2/2024
On Market: 5/2/2024
Price Changed: 2/21/2025
Closed: 2/21/2025
Contract Date: 5/2/2024

Listing Courtesy of Douglas Elliman Real Estate - Nadia Bartolucci

Listing Contact: (646) 673-0614

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 5/3/2026 at 10:24 AM UTC

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