Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,200,000

· Closed October 8, 2016

242 S 1st Street #4-B
Closed For Sale Condo

$1,200,000

$1,000 per sq ft

242 S 1st Street #4-B

Williamsburg, Brooklyn

MLS® #RLS10009256

RLS at REBNY

Listing by Nest Seekers International

2

Bedrooms

2

Baths

1,200

Sq. Ft.

1911

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,200 sq ft
Year Built 1911
Ownership Condo
HOA/Common Charges $582/mo
Property Taxes $11,316/yr
Neighborhood Williamsburg
Floor 4 of 4

Property Highlights

  • Exposure: North facing
  • Outdoor Space: Terrace, Balcony, Rooftop
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 4 of 4
Exposure North
Cooling Other
Pets Yes
Cross Street Roebling Street/Havemeyer Street
Year Built 1911
Living Area 1,200 sq ft
Architectural Style Prewar
Block/Lot 2408/19

Listing History

Event Date Price Change
Listed Jun 29, 2016 $1,200,000 -
Currently Apr 24, 2026 $1,200,000 -

Description

Penthouse dream with breathtaking views of Manhattan skyline form every room and private roof deck, this is the best deal in Williamsburg! This industrial chic condo triplex is filled with light and character, 1200 sqft interior and total of 480 sqft private outdoor space, 2 bed/ 2 bath and three private outdoor spaces. First level offers: 11'9 foot beamed ceilings and spacious open plan living room with balcony, dining space and chef?s kitchen with black granite counter top with breakfast bar and G&E appliances, Frigidaire W/D and spa like bathroom. Second floor offers: a large bedroom with direct access to a fabulous private terrace with expansive open sky views over Manhattan and Williamsburg, a luxurious Carrera marble/ black Caesar stone bathroom with glass shower for two and Toto finishes. The top floor delivers a flexible light-filled bonus room/ bedroom and oversized walk in closet, individual A/C on every floor. And to top it all off, a stunning 340 sqft private sunny rooftop cabana with breathtaking views of the Manhattan skyline.

Industrial chic: Lofts1 started life as a cheesecake factory in 1911. It was converted into unique, multi-level lofts in 2006-2007, designed by Andres Escobar. It is a non-elevator building. Located on a peaceful block, across from Billy?s Marketplace and Williamsburg Cinemas, Rye restaurant and just steps to Walter Foods and World Atlas Café. Just one block south of all the boutiques and eateries of Grand Street and trendy Bedford ave. Commute easily to Manhattan via the G, J, M or L lines.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Balcony Terrace Balcony Rooftop

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $582/mo
RE Taxes $11,316/yr ($943/mo)
Sale Price $1,200,000

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

190

Median Asking Price

$2.00M

Median $/Sqft

$1,628

Avg Days on Market

N/A

New This Week

15

Price Reduced

10%

Sold (30 Days)

26

Median Sale Price

$1.42M

Live data from RLS at REBNY • Updated 4/24/26, 4:41 AM EST

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Location

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242 S 1st Street #4-B, Williamsburg, Kings County • Near Roebling Street/Havemeyer Street

Floor Plans

Floor Plan

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 $582 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $11,316, or roughly $943 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,200 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $1,200,000 for 1,200 sq ft, the asking price per square foot is approximately $1,000. 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: RLS10009256
First Listed: 6/29/2016
Closed: 10/8/2016
Contract Date: 6/29/2016

Listing Courtesy of Nest Seekers International - Caroline Grane

Listing Contact: (917) 601-2703

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 4/24/2026 at 8:41 AM UTC

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