Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,225,000

· Closed March 19, 2024

242 E 7TH Street #PH
Closed For Sale Co-op

$2,225,000

$1,391 per sq ft

242 E 7TH Street #PH

East Village, Manhattan

MLS® #RLS10941952

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

1.5

Baths

1,600

Sq. Ft.

1905

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2 full, 1 half
Living Area 1,600 sq ft
Year Built 1905
Ownership Co-op
Maintenance $1,872/mo
Neighborhood East Village
Floor 2 of 3

Property Highlights

  • Views: City
  • Exposure: East,South,West facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 1 Full, 1 Half
Floor 2 of 3
View City
Exposure East,South,West
Pets Yes
Year Built 1905
Living Area 1,600 sq ft
Architectural Style WalkUp
Basement Other
Block/Lot 00376/0013

Listing History

Event Date Price Change
Listed Sep 26, 2023 $2,500,000 -
Price Reduced Mar 20, 2024 $2,300,000 -8.0%
Currently Apr 23, 2026 $2,225,000 -3.3%

Description

Grandeur. Light. Space.

This extraordinary triplex penthouse feels like you've walked into an entirely new dimension, with soaring 15' ceilings and glorious windows from three exposures. This true loft comprises 1600 sq ft connected by elegant glass staircases which pour through the apartment from the skylight above. A 400 sq ft private terrace conveniently situated in the rear of the building completes the picture of this oasis. Currently configured as a 1BR, the mezzanine guest bedroom easily converts to a proper 2nd BR or leave it open as an office/library. Consider the alternate floorplan proposed which would provide 3 BRs, 3 full bathrooms and add another 200sf to the apartment without sacrificing the spectacular drama of the living room.

The entire apartment has been renovated and features a warm ivory custom cabinetry by plain English, complemented by real sealed limestone countertops and island, as well as a vented Viking oven and range. The bathrooms are updated but the master bathroom is next level luxury, sporting a sleek glass enclosure, oversized vanity, separate honed corian soaking tub and shower stall made entirely of Carrara marble. Heated towel rack and Duravit toilet, fixtures by Agape. The master bedroom suite is equally jaw dropping, its Aspen lodge aesthetic providing an entire glass wall opening onto the terrace. Mezzanine features sprawling millwork shelving and an enormous closet. Powder room on the main level sports washer/dryer but can be expanded to include a shower.

This penthouse is the crown jewel of this unique property which was originally built in 1905 as the Congregation Beth Hamedrash Hagadol Anshe, later converted to coop in 1985and since landmarked. With extremely low maintenance and an investor-friendly sublet policy,this is a both a gorgeous showpad and a uniquely valuable real estate asset. Down the street from Tompkins Square Park, close to the F, 6, and L trains, and with great restaurants like Lavagna and Gemma in striking distance, this is the perfect home for the executive looking for either great privacy or a fantastic entertaining space, or perhaps both.

Features & Amenities

Interior Features

Smoke Free Building None Building Washer Dryer Install Allowed Washer Hookup In Unit

Exterior Features

Building Roof Deck Terrace

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Total Units 5
Stories 3
Style WalkUp

Financial Details

Maintenance $1,872/mo
Original Price $2,500,000
Sale Price $2,225,000
Previous Price $2,300,000

The East Village remains New York’s epicenter of counter-culture and artistic expression. Known for its active street life, community gardens, and legendary music venues, the neighborhood offers an energy unlike any other. The real estate market is characterized by historic tenement-style cooperatives, historic low-rise walk-ups, and a growing selection of modern boutique condominiums that offer luxury amenities in Downtown Manhattan.

East Village Live Market Data

View Neighborhood

Active Listings

95

Median Asking Price

$1.30M

Median $/Sqft

$1,763

Avg Days on Market

N/A

New This Week

5

Price Reduced

24%

Sold (30 Days)

4

Median Sale Price

$1.36M

Live data from RLS at REBNY • Updated 4/22/26, 11:03 PM EST

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Location

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242 E 7TH Street #PH, East Village, New York County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
2
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $118,140
Land Value: $23,160
Exemptions: $0

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

Lot Area: 1,558 SF
Building Area: 1,575 SF
Built FAR: 1.01
Allowed FAR: 2

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 monthly maintenance are $1,872 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom and 1 half bathroom.

The listed interior living area is 1,600 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1905, making it approximately 121 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.

Pets are permitted at this property: Pets Allowed,Building Pets Allowed Comments:Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $2,225,000 for 1,600 sq ft, the asking price per square foot is approximately $1,391. 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: RLS10941952
First Listed: 9/26/2023
On Market: 9/26/2023
Price Changed: 3/20/2024
Closed: 3/19/2024
Contract Date: 9/26/2023

Listing Courtesy of Douglas Elliman Real Estate - Jason Lanyard

Listing Contact: (917) 353-1902

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 3:03 AM UTC

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