Phase I 242 Broome St Unit 7C Floor 7 New York, NY 10002
Lower East Side NeighborhoodEstimated payment $15,909/month
Highlights
- Concierge
- 2-minute walk to Essex Street
- River View
- P.S. 42 Benjamin Altman Rated A
- Rooftop Deck
- Game Room
About This Home
Sleek, Stylish 2-Bedroom / 2.5-Bath Corner Residence at 242 Broome Street
Apartment 7C at 242 Broome Street is a spacious and sun-filled 1,376 SF corner home, designed with flawless attention to detail and the highest-quality finishes. With its split two-bedroom layout, soaring 10-foot ceilings, and wide-plank white oak floors, this residence offers both sophistication and functionality.
The expansive open-concept living and dining areas are framed by dramatic Southern and Western exposures, filling the space with natural light and showcasing ever-changing city views-ideal for quiet enjoyment or entertaining on a grand scale.
The chef's kitchen is outfitted with warm grey walnut cabinetry, a polished Calacatta marble island, counters, and backsplash, and is fully equipped with Gaggenau appliances, including a 36-inch five-burner gas cooktop, electric and speed ovens, refrigerator, freezer, and wine refrigerator.
The primary suite features two generous walk-in closets and a spa-like bath with radiant-heated Alanur-honed marble floors, Imperial Danby countertops, a custom walnut vanity, and a glass-enclosed shower with thermostat and volume regulators. The secondary bedroom offers its own ensuite marble bath with a deep soaking tub. A stylish powder room with honed marble finishes, a Corian vanity, and floor-to-ceiling mirror completes the home. Additional features include electric blinds in all windows, an in-unit washer/dryer and a large private storage unit.
242 Broome benefits from a valuable 421-a tax abatement through 2038, offering exceptional savings and enhancing its appeal as a long-term investment.
Residents of 242 Broome enjoy a comprehensive suite of amenities, including a 24-hour concierge and resident manager, fitness center with changing rooms, entertainment lounge with kitchen and billiards, flex workspace, and a landscaped rooftop terrace with outdoor dining.
Designed by SHoP Architects, 242 Broome stands at the vibrant crossroads of Broome and Ludlow, just across the street from Essex Market, cultural destinations, and multiple transit options.
This is modern downtown living at its finest.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,082
Year Built
- Built in 2018
HOA Fees
- $2,936 Monthly HOA Fees
Property Views
- River
- City
Home Design
- 1,376 Sq Ft Home
- Entry on the 7th floor
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Utilities
- Central Air
Listing and Financial Details
- Legal Lot and Block 1220 / 00409
Community Details
Overview
- 55 Units
- High-Rise Condominium
- 242 Broome Street Condos
- Lower East Side Subdivision
- 14-Story Property
Amenities
- Concierge
- Rooftop Deck
- Game Room
- Children's Playroom
- Community Storage Space
Map
About Phase I
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,082 | $238,913 | $78,244 | $160,669 |
| 2024 | $8,082 | $245,655 | $78,244 | $167,411 |
| 2023 | $7,930 | $245,201 | $78,244 | $166,957 |
| 2022 | $7,909 | $234,600 | $78,244 | $156,356 |
| 2021 | $7,930 | $234,183 | $78,244 | $155,939 |
| 2020 | $8,063 | $246,852 | $78,244 | $168,608 |
| 2019 | $28,760 | $228,496 | $78,244 | $150,252 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/01/2025 12/01/25 | For Sale | $2,345,000 | 0.0% | $1,704 / Sq Ft | |
| 11/22/2025 11/22/25 | Off Market | $2,345,000 | -- | -- | |
| 10/22/2025 10/22/25 | Price Changed | $2,345,000 | -4.1% | $1,704 / Sq Ft | |
| 09/05/2025 09/05/25 | For Sale | $2,445,000 | +11.7% | $1,777 / Sq Ft | |
| 12/20/2018 12/20/18 | Sold | $2,188,218 | -12.5% | $1,590 / Sq Ft | View Prior Sale |
| 12/03/2018 12/03/18 | Pending | -- | -- | -- | |
| 07/28/2016 07/28/16 | For Sale | $2,500,000 | -- | $1,817 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,400,000 | -- |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20046403
APN: 0409-1220
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