Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,480,000

· Closed June 27, 2022

242 BROOME Street #8B
Closed For Sale Condo

$1,480,000

$1,915 per sq ft

242 BROOME Street #8B

Lower East Side, Manhattan

MLS® #RLS10896694

RLS at REBNY

Listing by Serhant

1

Bedroom

1

Bath

773

Sq. Ft.

2018

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 773 sq ft
Lot Size 21,784 sq ft
Year Built 2018
Ownership Condo
HOA/Common Charges $1,505/mo
Property Taxes $4,488/yr
Neighborhood Lower East Side
Floor 8 of 14

Property Highlights

  • Views: City, Park Greenbelt
  • Exposure: East,South,West facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 8 of 14
View City, Park Greenbelt
Exposure East,South,West
Cooling Central Air
Pets Yes
Year Built 2018
Living Area 773 sq ft
Lot Size 21,784 sq ft
Parcel # 0409-1226

Listing History

Event Date Price Change
Listed Jun 2, 2021 $1,599,000 -
Price Reduced Jun 27, 2022 $1,525,000 -4.6%
Currently May 4, 2026 $1,480,000 -3.0%

Description

A stunning Essex Crossing condo saturated with southern light, this immaculate 1-bedroom, 1-bathroom home is an exemplar of modern Lower East Side luxury. Features of this 773 sq. ft. apartment include beautiful wide plank white oak floors, airy 10-ft ceilings, oversized casement windows, an open plan layout, and a convenient in-unit washer/dryer. A welcoming foyer adorned with a large coat closet leads into an expansive kitchen, dining, and living area. The living and dining rooms are drenched in natural light, while the kitchen is equipped with an eat-in waterfall island, custom walnut cabinetry, sleek Calacatta marble countertops and backsplashes, and a suite of fully-integrated high-end appliances from Gaggenau. The spacious bedroom has a luxurious walk-in closet, and the bathroom features radiant heated Alanur marble floors, marble walls, a custom floating walnut vanity, and a thermostatic walk-in shower with polished chrome fixtures from Duravit. Designed by ShoP Architects and DXA studio, 242 Broome Street is a gorgeous condominium located in the heart of the Lower East Side. Residents enjoy a 24-hour doorman, concierge service, a building manager, a state-of-the-art fitness center with private changing areas, an entertainment lounge and kitchen, a billiards room, and a landscaped rooftop deck with lounge and entertainment furniture. 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

Exterior Features

Building Roof Deck

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Financial Details

Common Charges $1,505/mo
RE Taxes $4,488/yr ($374/mo)
Original Price $1,599,000
Sale Price $1,480,000
Previous Price $1,525,000

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

112

Median Asking Price

$1.27M

Median $/Sqft

$1,407

Avg Days on Market

N/A

New This Week

9

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/4/26, 12:14 PM EST

Similar Listings in Lower East Side

View All

Location

Loading map...

242 BROOME Street #8B, Lower East Side, New York County

Floor Plans

Floor Plan 1

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 $1,505 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $4,488, or roughly $374 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 773 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 $1,480,000 for 773 sq ft, the asking price per square foot is approximately $1,915. 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: RLS10896694
First Listed: 6/2/2021
Price Changed: 6/27/2022
Closed: 6/27/2022
Contract Date: 6/2/2021

Listing Courtesy of Serhant - Sean McPeak

Listing Contact: (917) 725-1342

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 5/4/2026 at 4:14 PM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton