For Sale · Listing by Compass
242 Lafayette Street #3N
SoHo, Manhattan
$2,250,000
242 Lafayette Street #3N
MLS® #RLS20117515
Listing by Compass
- 1
- Bedroom
- 1
- Bath
- N/A
- Sq. Ft.
- 1910
- Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: East,West facing
- Style: Loft architecture
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 2, 2026 | $2,250,000 | - |
| Currently | Oct 3, 2026 | $2,250,000 | - |
Description
This thoughtfully crafted Soho loft was designed by Gerry Smith, formerly of BKSK Architects. Located on Lafayette Street between Prince and Spring Streets, this one bedroom plus home office/guest room is truly one of a kind. The oversized living and dining room boasts ebony hardwood floors, high ceilings, and huge 7x7-foot windows that allow spectacular natural light to fill the loft. The Valcucine kitchen features a Sub-Zero refrigerator, a Viking range, a Thermador dishwasher, and a breakfast bar. The primary bedroom also offers hardwood floors, along with a large walk-in closet featuring a corrugated glass wall, and three tall windows adorned with historic exterior steel shutters. The bathroom is sleek and stylish, offering a custom curved-glass shower, a beautiful poured terrazzo floor, and smart wifi washer and dryer. There is a home office/guest room designed as a pod featuring custom Italian cabinetry. All closets in the loft have been outfitted by California Closets. Central air conditioning runs throughout the apartment. This pre-war elevator building is perfectly located in Soho and adjacent to Nolita, with wonderful restaurants, shopping, and transportation right around the corner. 242 Lafayette Street is a 8 unit cooperative complete with a virtual doorman system and an elevator. Transportation is easily accessible via multiple nearby subway lines. Pets and pied-à-terres are welcome.
Features & Amenities
Interior Features
Building Amenities
Appliances
Building Information
Financial Details
About SoHo
View All SoHo ListingsSoHo contains the world's largest concentration of cast-iron architecture, with approximately 250 landmarked buildings within the SoHo-Cast Iron Historic District. The housing stock centers on spacious loft conversions with high ceilings and oversized windows, alongside luxury condominiums and pre-war walk-ups, served by the C, E, N, Q, R, W, 1, 4, and 6 trains. The cobblestone streets and commercial corridors along Broadway, West Broadway, and Prince Street define one of Manhattan's most architecturally distinctive neighborhoods.
SoHo Live Market Data
View NeighborhoodActive Listings
68
Median Asking Price
$4.20M
Median $/Sqft
$2,056
Avg Days on Market
N/A
New This Week
9
Price Reduced
19%
Sold (30 Days)
5
Median Sale Price
$3.29M
Live data from RLS at REBNY • Updated 10/3/26, 4:32 AM EST
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Location
242 Lafayette Street #3N, SoHo, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $4,800 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $0, or roughly $0 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 1910, making it approximately 116 years old.
This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.
Pet policy requires confirmation with Milton Coste. Additional notes: Pets Allowed with Board Approval
To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.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) 416-7433Listing Courtesy of Compass - Todd C Vitolo
Listing Contact: (917) 566-7920
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 Data display by Keller Williams NYC. Data last updated on 10/3/2026 at 8:32 AM UTC
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Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 242 Lafayette Street #3N
At $2,250,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. Free, no obligation.
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Quick Facts
Monthly Costs Estimate
$450,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$28,125
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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