Sari Ingerman
Corcoran Group
(855) 799-3110
21 Total Sales
1 in Williamsburg
$2,635,000 Price
242 S 1st St Unit 4B Brooklyn, NY 11211
Williamsburg NeighborhoodEstimated Value: $1,269,000 - $1,619,000
2
Beds
2
Baths
1,200
Sq Ft
1911
Built
Highlights
- Pre War Building
- Balcony
- 4-minute walk to La Guardia Playground
- Terrace
- North Facing Home
About This Home
As of October 2016Penthouse dream with breathtaking views of Manhattan skyline form every room and private roof deck, this is the best deal in Williamsburg! This industrial chic condo triplex is filled with light and character, 1200 sqft interior and total of 480 sqft private outdoor space, 2 bed/ 2 bath and three private outdoor spaces. First level offers: 11'9 foot beamed ceilings and spacious open plan living room with balcony, dining space and chef?s kitchen with black granite counter top with breakfast bar and G&E appliances, Frigidaire W/D and spa like bathroom. Second floor offers: a large bedroom with direct access to a fabulous private terrace with expansive open sky views over Manhattan and Williamsburg, a luxurious Carrera marble/ black Caesar stone bathroom with glass shower for two and Toto finishes. The top floor delivers a flexible light-filled bonus room/ bedroom and oversized walk in closet, individual A/C on every floor. And to top it all off, a stunning 340 sqft private sunny rooftop cabana with breathtaking views of the Manhattan skyline.
Industrial chic: Lofts1 started life as a cheesecake factory in 1911. It was converted into unique, multi-level lofts in 2006-2007, designed by Andres Escobar. It is a non-elevator building. Located on a peaceful block, across from Billy?s Marketplace and Williamsburg Cinemas, Rye restaurant and just steps to Walter Foods and World Atlas Café. Just one block south of all the boutiques and eateries of Grand Street and trendy Bedford ave. Commute easily to Manhattan via the G, J, M or L lines.
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,316
Year Built
- Built in 1911
Lot Details
- North Facing Home
HOA Fees
- $582 Monthly HOA Fees
Home Design
- Pre War Building
- Entry on the 4th floor
Interior Spaces
- 1,200 Sq Ft Home
- 4-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Terrace
Community Details
- Williamsburg Subdivision
Listing and Financial Details
- Legal Lot and Block 19 / 2408
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
Listed on
Jun 29, 2016
Closed on
Sep 20, 2016
Sold by
Bought by
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,000
Avg. Annual Appreciation
1.94%
Purchase Details
Closed on
Nov 5, 2007
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
$186,200
Interest Rate
6.41%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Williamsburg, NY
-
Sari Ingerman
-
TERRY MARTINOLLE
TERRY MARTINOLLE
Douglas Elliman Real Estate
(888) 897-8249
37 Total Sales
1 in Williamsburg
$1,850,000 Price
-
Lauren Mitinas
Lauren Mitinas
Serhant LLC
(646) 933-0831
21 Total Sales
1 in Williamsburg
$980,000 Price
-
Ezra Schatz
Ezra Schatz
Corcoran Group
(717) 594-9805
22 Total Sales
2 in Williamsburg
$995K - $2.2M Price Range
-
Steve Halpern
Steve Halpern
Compass
(833) 246-3065
45 Total Sales
12 in Williamsburg
$499K - $4.9M Price Range
-
Haakim Byrd
Haakim Byrd
HomeSmart Homes & Estates
(845) 420-3634
150 Total Sales
1 in Williamsburg
$1,600,000 Price
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 |
|---|---|---|---|
| $1,128,000 | -- | ||
| $674,889 | -- |
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 |
|---|---|---|---|
| Previous Owner | $213,800 | ||
| Closed | $8,166 | ||
| Closed | $11,759 | ||
| Previous Owner | $186,200 | ||
| Previous Owner | $186,200 | ||
| Previous Owner | $417,000 |
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 |
|---|---|---|---|---|
| 10/08/2016 10/08/16 | Sold | $1,200,000 | 0.0% | $1,000 / Sq Ft |
| 09/08/2016 09/08/16 | Pending | -- | -- | -- |
| 06/29/2016 06/29/16 | For Sale | $1,200,000 | -- | $1,000 / Sq Ft |
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 | $14,877 | $125,307 | $2,345 | $122,962 |
| 2025 | $14,518 | $129,124 | $2,345 | $126,779 |
| 2024 | $14,518 | $122,102 | $2,345 | $119,757 |
| 2023 | $11,592 | $121,148 | $2,345 | $118,803 |
| 2022 | $11,341 | $118,706 | $2,345 | $116,361 |
| 2021 | $10,525 | $104,002 | $2,345 | $101,657 |
| 2020 | $5,078 | $114,693 | $2,345 | $112,348 |
| 2019 | $7,712 | $114,175 | $2,345 | $111,830 |
| 2018 | $11,469 | $110,191 | $2,344 | $107,847 |
| 2017 | $11,021 | $98,668 | $2,344 | $96,324 |
| 2016 | $10,470 | $91,745 | $2,345 | $89,400 |
| 2015 | $5,376 | $86,729 | $2,345 | $84,384 |
| 2014 | $5,376 | $82,692 | $2,344 | $80,348 |
Source: Public Records
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10009256
APN: 02408-1219
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.
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.
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