$2,595,000
SOLD AUG 8, 2025
2 Beds
2 Baths
1,287 Sq Ft
-- Built

Sale Details

Date Sold: August 8, 2025

$2,016 Per Sq Ft

43 Days on Market

Highlights

  • Concierge
  • 2-minute walk to Essex Street
  • City View
  • P.S. 42 Benjamin Altman Rated A
  • Rooftop Deck
  • Game Room

About This Home

As of August 2025

Spring in New York City means welcoming the new and the beautiful, so say hello to this high-floor, exquisite condominium residence located in the heart of one of the most vibrant, dynamic neighborhoods in Manhattan.

The spacious 1,287 SF, two-bedroom, two-bathroom flat features 10" ceilings and 7" wide-plank white oak floors throughout. The open Living/Dining room is perfect for entertaining and takes full advantage of the dazzling sunrises and sunsets from multiple exposures. The chefs kitchen offers warm grey walnut cabinetry with Calacatta marble countertop, backsplash, and kitchen island. Fully integrated, state-of-the-art Gaggenau appliances include a stainless steel 36" five-burner gas cooktop, 30" electric oven, 30" speed oven, refrigerator, freezer, and wine refrigerator. The apartment was extensively upgraded with Lutron controlled Ketra lighting, built-in Sonos speakers and automated blackout and solar window treatments. It's both Smart and stylish.

The primary bedroom is a spacious sanctuary with a walk-in closet and a luxurious en-suite bath with radiant heated flooring, a Toto toilet, Alanur honed marble floors and walls, Imperial Danby countertops and a custom walnut vanity. The spa-like shower with thermostat and volume regulators is outfitted with Duravit polished chrome fixtures. The second bedroom also enjoys stunning views and the adjacent bath features honed marble floors and tiled walls with bathtub. The home is completed with a top-of-the-line washer and dryer.

242 Broome Street offers a 24-hr doorman/concierge and building manager, a large industrial-chic fitness center, an entertainment lounge with kitchen, flexible space & billiards, and a beautifully furnished rooftop terrace with outdoor dining and cinematic visuals. Essex Market is just moments from the building front door, the International Center for Photography is right around the corner, and you can experience all the gourmet glamour that Dimes Square can provide in just minutes. The building offers a prized 421-a tax abatement that runs until 2038, making what is already a well-priced property an even greater value. There is a monthly contribution of $208.68 to the reserve fund.

Last Agent to Sell the Property

Chris Pomeroy

Compass License #10401233523 Listed on: 03/27/2025

Compass

Co-Listed By

Elise Ehrlich*

Brown Harris Stevens Residential Sales LLC License #10401343622

Last Buyer's Agent

Direct Deal Listing

Direct Deal License #A

Property Details

Home Type

  • Condominium

HOA Fees

  • $2,926 Monthly HOA Fees

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 1,287 Sq Ft Home
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling

Listing and Financial Details

  • Tax Block 01824

Community Details

Overview

  • 55 Units
  • High-Rise Community
  • 242 Broome Street Condos
  • Lower East Side Subdivision
  • 14-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Game Room
  • Children's Playroom

Property Details

Home Type

Condominium

Lot Details

0 Sq Ft Lot

HOA Fees

$2,926 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lower East Side
  • Entry Level: 10
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Fireplace: No
  • Living Area: 1287.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, In Unit
  • Green Building Features: Common Playroom, Concierge, Game Room
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2926.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: 242 Broome Street
  • Units: 55
  • Total Stories: 14

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01824
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
Aug 1, 2025
Sold by
Gelwarg Stuart and Lipkind Karen
Bought by
Allner Lucas
Seller's Agent
Chris Pomeroy
Compass
Buyer's Agent
Direct Deal Listing
Direct Deal
List Price
$2,595,000
Sold Price
$2,595,000
Views
13
Current Estimated Value
$2,375,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$219,292
Avg. Annual Appreciation
-12.52%
Original Mortgage
$700,000
Outstanding Balance
$696,275
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,679,433

Purchase Details

Listed on
Jul 28, 2016
Closed on
Oct 4, 2018
Sold by
Site 1 Dsa Owner Llc and % : Taconic Investment Partners Llc
Bought by
Gelwarg Stuart and Lipkind Karen
List Price
$2,835,000
Sold Price
$2,758,717
Premium/Discount to List
-$76,283
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.89%
Original Mortgage
$750,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,535,000 --
Deed $2,810,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 Purchase Money Mortgage
Previous Owner $750,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2025 08/08/25 Sold $2,595,000 0.0% $2,016 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $2,595,000 0.0% $2,016 / Sq Ft
08/07/2023 08/07/23 Price Changed $10,500 0.0% $8 / Sq Ft
08/07/2023 08/07/23 Under Contract -- -- --
08/01/2023 08/01/23 Rented $10,500 +5.0% --
07/23/2023 07/23/23 Off Market $10,000 -- --
06/09/2023 06/09/23 For Rent $10,000 0.0% --
10/01/2018 10/01/18 Sold $2,758,717 -2.7% $2,144 / Sq Ft View Prior Sale
08/22/2018 08/22/18 Pending -- -- --
07/28/2016 07/28/16 For Sale $2,835,000 -- $2,203 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20012114

Real Estate Board of New York (REBNY)

APN: 0409-1240

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