$715,000

242 S 1st St Unit 2B Brooklyn, NY 11211

Williamsburg Neighborhood

Estimated payment $4,881/month

Total Views 314
-- Bed
1 Bath
587 Sq Ft
$1,218 Price per Sq Ft

Highlights

  • Very Popular Property
  • Views
  • High-Rise Condominium
  • Cooling System Mounted In Outer Wall Opening
  • West Facing Home
  • 4-minute walk to La Guardia Playground

About This Home

Welcome to Residence 2B at LOFTS1. A spacious studio in the heart of Williamsburg. This character-filled home features 10.5" beamed ceilings, maple wood floors, factory-style windows, and an open kitchen with granite counters and GE stainless steel appliances. Additional perks include an in-unit washer/dryer, split AC, soaking tub, and virtual doorman.

Originally a 1911 cheesecake factory, LOFTS1 is now a boutique condo with low common charges in a prime location. Enjoy the vibrancy of Williamsburg living and take advantage of nearby Domino Park with its riverside promenades, playgrounds, volleyball courts, bocce, elevated walkway, dog run, and stunning Manhattan views. Afterward, explore the many nearby dining and café options, including Francie, Casa Cugine, Devoción, Smør, and more. Conveniently located by public transportation with the L, J, M, and Z trains just moments away.

Why rent when you can own? Don't miss this incredible opportunity to live in one of Brooklyn's most sought-after neighborhoods.

Listing Agent

Mary-Jean Gianquinto

Corcoran Group License #10301218691 Listed on: 07/18/2025

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,385

Year Built

  • Built in 1911

HOA Fees

  • $306 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 587 Sq Ft Home
  • 4-Story Property
  • Laundry in unit
  • Property Views

Additional Features

  • West Facing Home
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 30 Units
  • High-Rise Condominium
  • Lofts1 Condos
  • Williamsburg,South Subdivision

Listing and Financial Details

  • Legal Lot and Block 1207 / 02408

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,385

Year Built

Built in 1911

Lot Details

0

HOA Fees

$306 per month

Listing Details

  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg,South
  • Entry Level: 2
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Fireplace: No
  • Living Area: 587.0
  • Living Area Units: Square Feet
  • Rooms (Total): 1
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, In Unit
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 306.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Zoning Description: R6

Building Info

  • New Construction: No
  • Building Name: LOFTS1
  • Units: 30
  • Total Stories: 4
  • Year Built: 1911

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 02408
  • Tax Lot: 1207

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $7,385 $65,678 $1,193 $64,485
2024 $7,385 $62,106 $1,193 $60,913
2023 $5,896 $61,621 $1,193 $60,428
2022 $5,528 $60,378 $1,193 $59,185
2021 $5,026 $52,899 $1,193 $51,706
2020 $5,067 $58,338 $1,193 $57,145
2019 $4,820 $58,073 $1,193 $56,880
2018 $5,537 $56,048 $1,193 $54,855
2017 $5,386 $50,186 $1,192 $48,994
2016 $5,020 $46,665 $1,193 $45,472
2015 $2,516 $44,114 $1,193 $42,921
2014 $2,516 $42,061 $1,193 $40,868
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $715,000 +10.0% $1,218 / Sq Ft
06/17/2022 06/17/22 Sold $650,000 0.0% $1,107 / Sq Ft
02/20/2022 02/20/22 For Sale $650,000 -- $1,107 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $650,000 --
Deed $650,000 --
Deed $425,880 --
Deed $425,880 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 Purchase Money Mortgage
Closed $420,000 Purchase Money Mortgage
Previous Owner $5,327 No Value Available
Source: Public Records

Similar Homes in Brooklyn, NY

  • 689 Myrtle Ave Unit 4E, Brooklyn, NY 11205

    $825,000

    • 1 Bed
    • 1 Bath
    • 1,000 Sq Ft
    • 689 Myrtle Ave
    • Unit 4E
    • Brooklyn, NY

    "Bright Industrial Loft in Historic Chocolate Factory Conversion Live large in this character-filled duplex loft set in a former chocolate factory at the intersection of Williamsburg and Bedford-Stuyvesant. Soaring 13-foot high ceilings, exposed ductwork, and original concrete columns define the space, while oversized factory windows flood the home with natural light. The main level features

    Isaac Rosenberg Compass

    Section Image
  • 1817 73rd St Unit 1B, Brooklyn, NY 11204

    $850,000

    • 2 Beds
    • 3 Baths
    • 1,516 Sq Ft
    • 1817 73rd St
    • Unit 1B
    • Brooklyn, NY

    Discover this spacious and move-in ready condo offering 2 bedrooms, 3 bathrooms, and an additional room perfect for a home office. Located in the highly sought-after neighborhood of Bensonhurst, this residence combines comfort, convenience, and functionality.Enjoy easy access to public transportation with the D and N subway lines just minutes away. The unit includes dedicated parking and boasts

    Hui Yu RE/MAX Edge

    Section Image
  • 1543 W 1st St Unit E8, Brooklyn, NY 11204

    $549,000

    • 2 Beds
    • 1 Bath
    • 1,164 Sq Ft
    • 1543 W 1st St
    • Unit E8
    • Brooklyn, NY

    Pleased to introduce an amazing opportunity to own a wonderful and tremendously large condominium unit located in the Prime area of Bensonhurst! This beautiful two-bedroom condo is considered one of the best layouts and is on the 5th floor of a 6-story building. The 1,164 sq feet of living space is perfect for self-occupancy and/or investment. Eat-in kitchen with window, low maintenance which

    Yeugena Atayan RE/MAX Real Estate Professiona

    Section Image
  • 1171 86th St Unit 3B, Brooklyn, NY 11228

    $750,000

    • 2 Beds
    • 2 Baths
    • 951 Sq Ft
    • 1171 86th St
    • Unit 3B
    • Brooklyn, NY

    Nestled in the heart of Dyker Heights, this brand-new 3rd-floor condo embodies contemporary living, complete with a 15-year tax abatement. The unit offers a spacious, sunlit living and dining area featuring hardwood with sliders to front terrace/Balcony. With its tile flooring the kitchen is pristine and equipped with stainless steel appliances, while the condo itself boasts two generously sized

    Joseph DeVito BHHS Fillmore R.E.

    Section Image
  • 1171 86th St Unit 2B, Brooklyn, NY 11228

    $725,000

    • 2 Beds
    • 2 Baths
    • 841 Sq Ft
    • 1171 86th St
    • Unit 2B
    • Brooklyn, NY

    Nestled in the heart of Dyker Heights, this brand-new 2ND-floor condo embodies contemporary living, complete with a 15-year tax abatement. The unit offers a spacious, sunlit living and dining area featuring hardwood and tile flooring, with sliding glass doors. The kitchen is pristine and equipped with stainless steel appliances, while the condo itself boasts two generously sized bedrooms. The

    Joseph DeVito BHHS Fillmore R.E.

    Section Image
  • 1171 86th St Unit 3C, Brooklyn, NY 11228

    $750,000

    • 2 Beds
    • 2 Baths
    • 951 Sq Ft
    • 1171 86th St
    • Unit 3C
    • Brooklyn, NY

    Nestled in the heart of Dyker Heights, this brand-new 3rd-floor condo embodies contemporary living, complete with a 15-year tax abatement. The unit offers a spacious, sunlit living and dining area featuring hardwood leading to sliders to front terrace. With its tiled flooring. the kitchen is pristine and equipped with stainless steel appliances , while the condo itself boasts two generously

    Joseph DeVito BHHS Fillmore R.E.

    Section Image
  • 1171 86th St Unit 1, Brooklyn, NY 11228

    $775,000

    • 2 Beds
    • 2.5 Baths
    • 1,369 Sq Ft
    • 1171 86th St
    • Unit 1
    • Brooklyn, NY

    Nestled in the heart of Dyker Heights, this brand-new 1st floor condo embodies contemporary living, 1451 sqft complete with a 15-year tax abatement. The unit offers a spacious, sunlit living and dining area featuring hardwood and tile flooring, . The kitchen is pristine and equipped with a stainless-steel appliances package, while the condo itself boasts two generously sized bedrooms. The master

    Joseph DeVito BHHS Fillmore R.E.

    Section Image
  • 1171 86th St Unit 2C, Brooklyn, NY 11228

    $725,000

    • 2 Beds
    • 2 Baths
    • 841 Sq Ft
    • 1171 86th St
    • Unit 2C
    • Brooklyn, NY

    Nestled in the heart of Dyker Heights, this brand-new 2ND-floor condo embodies contemporary living, complete with a 15-year tax abatement. The unit offers a spacious, sunlit living and dining area featuring hardwood flooring the tiled kitchen is pristine and equipped with stainless steel appliances, while the condo itself boasts two generously sized bedrooms. The master bedroom includes an

    Joseph DeVito BHHS Fillmore R.E.

    Section Image
  • 1171 86th St Unit 3A, Brooklyn, NY 11228

    $750,000

    • 2 Beds
    • 2 Baths
    • 951 Sq Ft
    • 1171 86th St
    • Unit 3A
    • Brooklyn, NY

    Nestled in the heart of Dyker Heights, this brand-new 3RD-floor condo embodies contemporary living, complete with a 15-year tax abatement. The unit offers a spacious, sunlit living and dining area featuring hardwood and sliding door to front facing terrace/balcony. Tile flooring in the kitchen, which is pristine and equipped with stainless steel appliances, while the condo itself boasts two

    Joseph DeVito BHHS Fillmore R.E.

    Section Image
See All Homes in Brooklyn

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20037969

Real Estate Board of New York (REBNY)

APN: 02408-1207

New York Kings County Brooklyn 11211 Williamsburg

242 S 1st St Unit 2B, Brooklyn, NY

This home is located at 242 S 1st St Unit 2B, Brooklyn, NY 11211 and is currently priced at $715,000, approximately $1,218 per square foot. This property was built in 1911. 242 S 1st St Unit 2B is a home located in Kings County with nearby schools including P.S. 17 Henry D Woodworth and Success Academy Williamsburg.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

Nearby Homes
Mary-Jean Gianquinto
Listing Agent
Mary-Jean Gianquinto
Section Image
Corcoran Group
(718) 618-9439