Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,200,000

· Closed August 7, 2017

242 S 1ST Street #PH4F
Closed For Sale Condo

$1,200,000

$1,000 per sq ft

242 S 1ST Street #PH4F

Williamsburg, Brooklyn

LOFTS1

MLS® #RLS10035756

RLS at REBNY

Listing by The Corcoran Group

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 $503/mo
Property Taxes $10,548/yr
Neighborhood Williamsburg
Floor 4 of 4

Property Highlights

  • Exposure: South facing
  • Outdoor Space: Terrace, Balcony, Rooftop
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 2 Full
Floor 4 of 4
Exposure South
Cooling Other
Pets Yes
Cross Street ROEBLING STREET and HAVEMEYER STREET
Year Built 1911
Living Area 1,200 sq ft

Listing History

Event Date Price Change
Listed Apr 12, 2017 $1,295,000 -
Currently Apr 23, 2026 $1,200,000 -7.3%

Description

Spring is HERE! Enjoy it on your own PRIVATE ROOF DECK! Live above it all in this Penthouse LOFT on the Southside of Williamsburg. No L Train, No Problem! You can ride the JMZ and not have to deal with the mess of the L Train shutdown. This 1,200 SF two bed, two bath condo located in a former warehouse has been renovated from the original sponsor finish by a renowned design firm. On the main level, the kitchen has a chefs Bertazzoni six range oven, Maytag refrigerator, and Bosch dishwasher. The kitchen gives way to the breathtaking LOFT, with 12 foot beamed ceilings, amazing natural light through southern exposures, and a private balcony. Make your way upstairs to the second level and be transported into a whimsical treehouse hideaway, complete with a master bedroom suite and the breathtaking landscaped private terrace. On the third level, the second bedroom offers ultimate privacy on its own floor and boasts a spacious walk-in closet and sunny southern exposure. Live above it all, in style, on The Southside!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Balcony Terrace Balcony Rooftop

Building Information

Building LOFTS1
Total Units 30
Stories 4

Financial Details

Common Charges $503/mo
RE Taxes $10,548/yr ($879/mo)
Original Price $1,295,000
Sale Price $1,200,000
Previous Price $1,295,000

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

$2.00M

Median $/Sqft

$1,651

Avg Days on Market

N/A

New This Week

12

Price Reduced

10%

Sold (30 Days)

25

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 4/23/26, 12:39 PM EST

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Location

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242 S 1ST Street #PH4F, Williamsburg, Kings County • Near ROEBLING STREET and 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 $503 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $10,548, or roughly $879 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: RLS10035756
First Listed: 4/12/2017
Price Changed: 5/17/2017
Closed: 8/7/2017
Contract Date: 4/12/2017

Listing Courtesy of The Corcoran Group - Jonah Katz

Listing Contact: (631) 885-5346

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 4/23/2026 at 4:39 PM UTC

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