$2,345,000
$100K PRICE DROP

Estimated payment $15,909/month

Total Views 1,912
2 Beds
2.5 Baths
1,376 Sq Ft
$1,704 Price per Sq Ft

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.

Listing Agent

Gitanjali Ramani-Ruff

Corcoran Group License #10401244495 Listed on: 09/05/2025

Corcoran Group

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,082

Year Built

Built in 2018

Lot Details

0

HOA Fees

$2,936 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lower East Side
  • Entry Level: 7
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1376.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: City, Panoramic, River
  • 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, Washer Hookup, In Unit
  • Green Building Features: Common Playroom, Concierge, Game Room, Storage
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2936.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: 242 Broome Street
  • Units: 55
  • Total Stories: 14
  • Year Built: 2018

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00409
  • Tax Lot: 1220

Map

Range of Values:

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Value Increase
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Percent Increase
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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

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
Source: Public Records

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
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $2,400,000 --
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20046403

Real Estate Board of New York (REBNY)

APN: 0409-1220