NOT LISTED FOR SALE

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

Williamsburg Neighborhood

Estimated Value: $885,000 - $918,000

1 Bed
1 Bath
664 Sq Ft
1911 Built

Sale Details

Date Sold: March 16, 2022

Last sale price $788,000 $1,187 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,021 / mo

2 Days on Market

Highlights

  • Pre War Building
  • Balcony
  • 4-minute walk to La Guardia Playground

About This Home

As of March 2022

Accepted Offer!

Boutique living within the lively, energetic heart of Williamsburg! 242 South 1st Street aka LOFTS1 is formerly a cheesecake factory built in 1911, and ultimately converted into a modern boutique condominium. Offering an incredible opportunity to own a starter home in a highly sought after location with reasonable common charges!

Residence 2E is an airy one-bedroom with South & East exposures and Juliet balcony! Showcasing Industrial-chic elements such as 10.5' soaring-high beamed ceilings, well-maintained maple wood flooring, and brand new oversized windows. Pass the entry/private foyer is am open kitchen with breakfast bar dressed with black granite, high-profile GE stainless steel appliances, and abundant cabinetry. Adjacent to the kitchen is the spa-like bathroom with extra-deep soaking tub. Currently flexed and utilized as a 2 bed (or 1 + home office), the temporary structure can be easily removed to enlarge the living area. Enjoy the comforts and convenience of in-unit washer/dryer, split AC system and virtual doorman system. Situated on the rear of the building, shielded from street noise, the apartment is exceptionally quiet!

LOFTS1 is conveniently surrounded by Williamsburg's hottest venues, restaurants, cafes, bars, nightlife all right out the front door on bustling Havemeyer Street, Grand Street and Metropolitan Avenue. Perched right in between multiple subway lines: Bedford Avenue L and Marcy Avenue J, M, Z trains. Approximately 4 blocks away is the renowned Domino Park with endless open green space.

If you're seeking a distinctive home with charm and a layout that is working-from-home / WFM friendly seek no further, this is it!

Last Agent to Sell the Property

Marvin Chu

Corcoran Group License #10301209550 Listed on: 01/09/2022

Corcoran Group

Co-Listed By

Evan Church

Corcoran Group License #30CH1028181

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,320

Year Built

  • Built in 1911

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 3rd floor

Interior Spaces

  • 664 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Community Details

  • 30 Units
  • Lofts1 Condos
  • Williamsburg Subdivision

Listing and Financial Details

  • Tax Block 75032

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,320

Year Built

Built in 1911

Lot Details

0 Sq Ft Lot

HOA Fees

$350 per month

Listing Details

  • Cross Street: ROEBLING STREET and HAVEMEYER STREET
  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Architectural Style: Prewar
  • Entry Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 664.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 350.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

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

Tax Info

  • Tax Block: 75032
  • Tax Annual: 7320.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2025
Sold by
Bought by
Current Estimated Value
$900,468

Purchase Details

Listed on
Jan 9, 2022
Closed on
Mar 16, 2022
Sold by
Bought by
Seller's Agent
Marvin Chu
Corcoran Group
List Price
$750,000
Sold Price
$788,000
Premium/Discount to List
$38,000
5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$630,400
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2007
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Williamsburg, NY

  • TERRY MARTINOLLE Real Estate Agent - Douglas Elliman Real Estate

    TERRY MARTINOLLE

    Douglas Elliman Real Estate

    (888) 897-8249

    37 Total Sales

    1 in Williamsburg

    $1,850,000 Price

    TERRY MARTINOLLE
     Section Image
  • Lauren Mitinas Real Estate Agent - Serhant LLC

    Lauren Mitinas

    Serhant LLC

    (646) 933-0831

    21 Total Sales

    1 in Williamsburg

    $980,000 Price

    Lauren Mitinas
     Section Image
  • Ezra Schatz Real Estate Agent - Corcoran Group

    Ezra Schatz

    Corcoran Group

    (717) 594-9805

    22 Total Sales

    2 in Williamsburg

    $995K - $2.2M Price Range

    Ezra Schatz
     Section Image
  • Steve Halpern Real Estate Agent - Compass

    Steve Halpern

    Compass

    (833) 246-3065

    45 Total Sales

    12 in Williamsburg

    $499K - $4.9M Price Range

    Steve Halpern
     Section Image
  • Haakim Byrd Real Estate Agent - HomeSmart Homes & Estates

    Haakim Byrd

    HomeSmart Homes & Estates

    (845) 420-3634

    150 Total Sales

    1 in Williamsburg

    $1,600,000 Price

    Haakim Byrd
     Section Image
  • Danelle Snider Real Estate Agent - Compass

    Danelle Snider

    Compass

    (844) 524-8811

    57 Total Sales

    1 in Williamsburg

    $1,910,000 Price

    Danelle Snider
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$870,000 --
$788,000 --
-- --
-- --
-- --
$566,250 --
$441,090 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $630,400
Previous Owner $385,000
Previous Owner $5,303
Previous Owner $6,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2022 03/16/22 Sold $788,000 +5.1% $1,187 / Sq Ft
01/18/2022 01/18/22 For Sale $750,000 -- $1,130 / Sq Ft
10/16/2014 10/16/14 Sold -- -- -- View Prior Sale
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,538 $71,914 $1,346 $70,568
2025 $8,332 $74,104 $1,346 $72,758
2024 $8,332 $70,074 $1,346 $68,728
2023 $6,653 $69,526 $1,346 $68,180
2022 $6,508 $68,125 $1,346 $66,779
2021 $7,322 $59,687 $1,346 $58,341
2020 $3,532 $65,822 $1,346 $64,476
2019 $5,760 $65,525 $1,346 $64,179
2018 $6,286 $63,239 $1,346 $61,893
2017 $6,106 $56,625 $1,345 $55,280
2016 $5,704 $52,652 $1,346 $51,306
2015 $2,867 $49,774 $1,346 $48,428
2014 $2,867 $47,457 $1,345 $46,112
Source: Public Records

Agents Affiliated with this Home

  • Marvin Chu Real Estate Agent - Corcoran Group

    Seller's Agent in 2022

    Marvin Chu

    Corcoran Group

    (718) 685-9430

    39 in this area

    89 Total Sales

    Marvin Chu
    Section Image

  • E

    Seller Co-Listing Agent in 2022

    Evan Church

    Corcoran Group

    (212) 355-3550

    42 in this area

    62 Total Sales

    Evan Church
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10760736

Real Estate Board of New York (REBNY)

APN: 02408-1210

New York Kings County Brooklyn 11211 Williamsburg

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

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. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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