Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $566,250

· Closed October 16, 2014

242 S 1ST Street #2E
Closed For Sale Condo

$566,250

242 S 1ST Street #2E

Williamsburg, Brooklyn

LOFTS1

MLS® #RLS10058402

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

N/A

Sq. Ft.

1911

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1911
Ownership Condo
HOA/Common Charges $229/mo
Property Taxes $3,120/yr
Neighborhood Williamsburg

Property Highlights

  • Exposure: South facing
  • Character: Pre-war building (1911)
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths null Full
Exposure South
Pets Yes
Cross Street ROEBLING STREET and HAVEMEYER STREET
Year Built 1911 (New)
Parcel # 02408-1210

Listing History

Event Date Price Change
Listed Oct 3, 2012 $549,000 -
Currently Apr 25, 2026 $566,250 +3.1%

Description

If Youre Tired of Cookie Cutter, Then Heres Your Chance at a REAL BROOKLYN LOFT! Sunlit and stunning 1 Bedroom LOFT plus Home Office and a Balcony in Williamsburgs sought after LOFTS1 Condominium. Formerly a Cheesecake Factory built in 1911, this four story Williamsburg conversion is completed with fine finishes and modern amenities while preserving much of its authentic Pre-War Warehouse detail such as wide plank maple wood flooring and the original exposed concrete beamed ceilings. Unit 2E has Southern exposure that boasts 10.5FT ceilings, oversized windows, washer/dryer and central A/C & heat. Kitchen is equipped with black granite counter tops and high profile GE stainless steel appliances including dishwasher while the sleek Italian marbled bathroom features a large whirlpool soaking tub. The building is a block from the Grand Street Shopping District, and several more blocks from the Bedford Avenue strip and L train. The Marcy Avenue J,M,Z is also just short walk away. Superb opportunity to experience Williamsburgs hottest venues, restaurants, bars, nightlife only steps away from your front door! Apartment Features: South exposure, Balcony - juliet, Floors - hardwood, Light - good, Windows - oversized, Windows - new, Modern kitchen, Renovated bathroom, Washer/dryer, Dishwasher Building Features:

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Building Information

Financial Details

Common Charges $229/mo
RE Taxes $3,120/yr ($260/mo)
Original Price $549,000

Williamsburg is the global face of Brooklyn's cultural and residential renaissance. Defined by its stunning waterfront parks and the iconic L-train connection to Manhattan, the neighborhood offers a high-energy lifestyle. The real estate market is dominated by sleek, glass-walled luxury condominiums along the East River, alongside historic warehouse conversions and boutique new developments that cater to a wide range of buyers and renters.

Williamsburg Live Market Data

View Neighborhood

Active Listings

188

Median Asking Price

$1.99M

Median $/Sqft

$1,644

Avg Days on Market

N/A

New This Week

16

Price Reduced

10%

Sold (30 Days)

29

Median Sale Price

$1.41M

Live data from RLS at REBNY • Updated 4/25/26, 5:06 PM EST

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Location

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242 S 1ST Street #2E, Williamsburg, Kings County • Near ROEBLING STREET and HAVEMEYER STREET

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
1
Floors
C4-4D
Zoning District

Tax & Assessment

Assessed Value: $1,780,200
Land Value: $695,250
Exemptions: $0

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

Lot Area: 51,500 SF
Building Area: 56,000 SF
Built FAR: 1.09
Allowed FAR: 6.02

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 $229 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $3,120, or roughly $260 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1911, making it approximately 115 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.

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: RLS10058402
First Listed: 10/3/2012
Closed: 10/16/2014

Listing Courtesy of The Corcoran Group - Evan F. Church

Listing Contact: (917) 684-0663

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 4/25/2026 at 9:06 PM UTC

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