$2,495,000
$205K PRICE DROP

Estimated payment $17,389/month

Total Views 3,999
2 Beds
2.5 Baths
1,376 Sq Ft
$1,813 Price per Sq Ft

Highlights

  • Marble Flooring
  • 2-minute walk to Essex Street
  • Soaking Tub
  • P.S. 42 Benjamin Altman Rated A
  • High Ceiling
  • Double Vanity

About This Home

Welcome to an expansive 1,376 SF two-bedroom, two-and-a-half-bathroom residence that seamlessly blends luxurious design with practical living. From the moment you enter, you’re greeted by soaring 10' ceilings and stunning 7" wide-plank white oak floors. Bathed in natural light from the south and west, the open-concept living and dining area provides an inviting atmosphere for entertaining guests or simply enjoying quiet evenings at home. The gourmet kitchen is a chef’s dream, featuring custom warm grey walnut cabinetry, polished Calacatta marble countertops, and an island that’s perfect for both meal prep and casual gatherings. Top-of-the-line Gaggenau appliances—including a five-burner gas cooktop, electric oven, speed oven, refrigerator, freezer, and wine fridge—make this kitchen as functional as it is beautiful.

The serene master suite is your personal retreat, with two spacious walk-in closets and a spa-like en suite bathroom. Every detail, from the radiant heated floors to the honed marble surfaces and custom walnut vanity, is designed to provide comfort and style. The second bedroom offers its own en suite bath, complete with luxurious marble finishes and a soaking bathtub. A stylish powder room is located off the foyer for guest convenience. For added practicality, the residence features an in-unit washer and dryer, making everyday living effortless.

242 Broome stands as a modern landmark in one of New York’s most vibrant and historic neighborhoods. Designed by the acclaimed SHoP Architects, the building’s sleek champagne-colored facade captures the light and energy of the Lower East Side, while the custom interiors by DXA Studio exude calm sophistication with rich materials like marble, blackened steel, and warm woods.

Living at 242 Broome means enjoying a wealth of lifestyle-enhancing amenities. A 24-hour doorman and concierge ensure your needs are always met, while the large industrial-chic fitness center and entertainment lounge provide spaces to unwind and socialize. The rooftop terrace, complete with outdoor dining and cinematic views, is the perfect place to relax or entertain. The prime location puts you steps away from the iconic Essex Market, the International Center for Photography, and the gourmet scene of Dimes Square.

Beyond its luxurious features, 242 Broome offers a prized 421-a tax abatement until 2038, providing significant savings and making this property an attractive long-term investment. Whether you're seeking a stunning home or a smart addition to your portfolio, this residence offers unparalleled value in the heart of Manhattan.

Listing Agent

Olivia Marquez

Compass License #10401318830 Listed on: 03/18/2025

Compass

Co-Listing Agent

Margaret Wu

Compass License #10401289815

Co-Listing Agent

maria omana

Compass License #10401349760

Co-Listing Agent

Isabelle Van Oppen

Compass License #10401365127

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,088

Year Built

  • Built in 2018

HOA Fees

  • $2,936 Monthly HOA Fees

Interior Spaces

  • 1,376 Sq Ft Home
  • High Ceiling
  • Entrance Foyer
  • Laundry in unit

Kitchen

  • Electric Oven
  • Cooktop
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Vanity
  • Soaking Tub

Utilities

  • No Cooling
  • No Heating

Community Details

  • 55 Units
  • High-Rise Condominium
  • Lower East Side Subdivision
  • 14-Story Property

Listing and Financial Details

  • Legal Lot and Block 1220 / 00409

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,088

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

  • Interior Features: Double Vanity, Entrance Foyer, High Ceilings, Soaking Tub, Walk-In Closet(s)
  • Appliances: Cooktop, Dishwasher, Electric Oven, Freezer, Refrigerator
  • Fireplace: No
  • Flooring: Hardwood, Marble
  • Living Area: 1376.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

  • View: No

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit, See Remarks
  • Green Building Features: Elevator(s)
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

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

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.500000x0.000000

Building Info

  • New Construction: No
  • Units: 55
  • Total Stories: 14
  • Year Built: 2018

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00409
  • Tax Lot: 1220
  • Tax Annual: 8088.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $2,495,000 0.0% $1,813 / Sq Ft
07/28/2025 07/28/25 Off Market $2,495,000 -- --
06/23/2025 06/23/25 For Sale $2,495,000 0.0% $1,813 / Sq Ft
06/23/2025 06/23/25 Off Market $2,495,000 -- --
03/18/2025 03/18/25 For Sale $2,700,000 +23.4% $1,962 / Sq Ft
12/20/2018 12/20/18 Sold $2,188,218 -12.5% $1,590 / Sq Ft
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)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20010122

Real Estate Board of New York (REBNY)

APN: 620100-00409-1220