Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
242 S 1st Street #4D
Interested in this property?
Active For Sale Condo

$1,249,000

$1,079 per sq ft

242 S 1st Street #4D

Williamsburg, Brooklyn

Lofts1

MLS® #RLS20092789

RLS at REBNY

Listing by Compass

Open House Scheduled

Thursday, May 28 • 5:00 PM – 6:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

2

Bedrooms

2

Baths

1,158

Sq. Ft.

1911

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,158 sq ft
Year Built 1911
Ownership Condo
HOA/Common Charges $579/mo
Property Taxes $14,952/yr
Neighborhood Williamsburg
Floor 4 of 4

Property Highlights

  • Views: City
  • Exposure: East,South facing
  • Outdoor Space: Deck, Rooftop

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 4 of 4
View City
Exposure East,South
Heating Wall Furnace
Cooling Other, Wall Units
Pets Yes, CatsOk, DogsOk
Year Built 1911
Living Area 1,158 sq ft
Architectural Style WalkUp
Flooring Hardwood
Furnished Unfurnished
Parcel # 02408-1221
Block/Lot 02408/1221

Listing History

Event Date Price Change
Listed May 27, 2026 $1,249,000 -
Currently May 27, 2026 $1,249,000 -

Description

History meets modern living at 242 South 1st Street, a former 1911 cheesecake factory converted into a boutique 4-story condominium. This sun-drenched top-floor triplex delivers the kind of space and character that simply can't be replicated in new construction. The main level opens into a well-appointed kitchen with black granite countertops, GE stainless steel appliances, and generous cabinetry. A corner living area with southern and eastern exposures draws in light all day, framed by factory-sized windows and soaring 11-foot beamed ceilings. A sleek tiled bathroom with an extra-deep soaking tub completes the level. Up one flight, a private rooftop oasis awaits. Open sky, city views, and space to entertain or unwind. The open mezzanine level serves as a generous primary suite with a walk-in closet and en-suite bath. Above, a flexible top-level loft functions as a second bedroom or dedicated home office. Maple hardwood floors throughout. In-unit washer/dryer. Convertible two-bedroom layout. Positioned at the intersection of Havemeyer, Grand, and Metropolitan, you're steps from Williamsburg's best restaurants, cafes, and nightlife. The Bedford Ave L and Marcy Ave J/M/Z trains are both within easy reach. Common charges for the unit are $579/mo. There is an operating assessment of $1,072/mo until April 2030, covering completed capital contributions for facade, window/door, and roof repairs. Please note, the original offing plan has 4D as a 4-Room/1-Bath. This home has been modified into a convertible 2-bed/2-bath.

Features & Amenities

Interior Features

Eat In Kitchen Granite Counters High Ceilings Soaking Tub Walk In Closets Common On Floor In Unit See Remarks Flooring: Hardwood

Exterior Features

Building Roof Deck Private Outdoor Space Over60 Sqft Deck Rooftop

Appliances

Dryer Dishwasher Stainless Steel Appliances Washer

Building Information

Financial Details

Common Charges $579/mo
RE Taxes $14,952/yr ($1,246/mo)

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

183

Median Asking Price

$1.95M

Median $/Sqft

$1,595

Avg Days on Market

N/A

New This Week

7

Price Reduced

17%

Sold (30 Days)

18

Median Sale Price

$2.04M

Live data from RLS at REBNY • Updated 5/27/26, 11:28 AM EST

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Location

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242 S 1st Street #4D, Williamsburg, Kings County

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 $579 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $14,952, or roughly $1,246 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 1,158 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: Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,249,000 for 1,158 sq ft, the asking price per square foot is approximately $1,079. 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: RLS20092789
First Listed: 5/21/2026
On Market: 5/27/2026
Contract Date: 5/20/2026

Listing Courtesy of Compass - Ralph Modica

Listing Contact: (917) 407-0084

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 5/27/2026 at 3:28 PM UTC

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