NOT LISTED FOR SALE

242 S 1st St Unit 4E Brooklyn, NY 11211

Williamsburg Neighborhood

Estimated Value: $1,380,000 - $1,662,033

2 Beds
2.5 Baths
1,447 Sq Ft
$573/mo HOA Fee

Last Sold January 30, 2015

Last sale price $1,050,000 $726 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $10,541/month

204 Days on Market

Highlights

  • Pre War Building
  • Balcony
  • South Facing Home
  • Terrace
  • Central Air
  • 4-minute walk to La Guardia Playground

About This Home

As of January 2015

With 1440+ sq. ft. this recently renovated penthouse stunner is one of the largest 2 bedroom condominiums in the current Williamsburg market.

This former warehouse?s unique conversion preserved its industrial details, including a 13 ft beamed ceiling, while offering a balcony off the open kitchen, a 200 sq ft. private terrace flowing from the 2nd floor master suite and 2 Italian tile bathrooms . Add a mammoth top floor lounge/office with a half bathroom... and you?ve got a triplex. Yes, a triplex.

Nestled near the Williamsburg Bridge and just blocks from the G, L, J, and M trains allows prime Manhattan access. But with surrounding hotspots like Fette Sau, Williamsburg Cinemas, Union Pool and the famous soul food at Pies and Thighs there?s little need to venture over the river to play.

At around $700 per sq. ft. this treasure is the best deal in Williamsburg.
Soul food on the terrace anyone?

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,368

Year Built

  • Built in 1911

HOA Fees

  • $573 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 1,447 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Terrace

Additional Features

  • South Facing Home
  • Central Air

Community Details

  • Williamsburg Subdivision

Listing and Financial Details

  • Legal Lot and Block 19 / 2408

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,368

Year Built

Built in 1911

Lot Details

0

HOA Fees

$573 per month

Listing Details

  • Cross Street: Roebling Street/Havemeyer Street
  • Exposures: South
  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1447.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 573.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 1911

Tax Info

  • Tax Block: 2408
  • Tax Lot: 19
  • Tax Annual: 10368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2021
Sold by
James Gregory and Parreira Carlos
Bought by
Wylie Nikolas
Current Estimated Value
$1,553,258

Purchase Details

Closed on
Jan 3, 2019
Sold by
James Gregory
Bought by
James Gregory and Parreira Carlos

Purchase Details

Listed on
Mar 28, 2014
Closed on
Jan 15, 2015
Sold by
Miller Bibi R D and Newnes Paul A
Bought by
James Gregory
List Price
$1,050,000
Sold Price
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$840,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2008
Sold by
242 South 1 Developers Llc
Bought by
Miller Bibi R D and Newnes Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.02%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Wylie Nikolas $1,495,000 --
Wylie Nikolas $1,495,000 --
James Gregory -- --
James Gregory -- --
James Gregory $1,050,000 --
James Gregory $1,050,000 --
Miller Bibi R D $740,000 --
Miller Bibi R D $740,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Gregory $840,000
Previous Owner Miller Bibi R D $32,882
Previous Owner Miller Bibi R D $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $1,050,000 0.0% $726 / Sq Ft
10/18/2014 10/18/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $1,050,000 -- $726 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

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 $18,838 $167,538 $3,042 $164,496
2024 $18,838 $158,427 $3,042 $155,385
2023 $18,580 $157,190 $3,042 $154,148
2022 $17,836 $154,021 $3,042 $150,979
2021 $13,657 $134,942 $3,042 $131,900
2020 $6,588 $148,815 $3,042 $145,773
2019 $13,024 $148,143 $3,042 $145,101
2018 $14,881 $142,974 $3,042 $139,932
2017 $14,300 $128,022 $3,042 $124,980
2016 $13,584 $119,039 $3,042 $115,997
2015 $6,975 $112,532 $3,042 $109,490
2014 $6,975 $107,294 $3,042 $104,252
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10005270

Real Estate Board of New York (REBNY)

APN: 02408-1222

New York Kings County Brooklyn 11211 Williamsburg

242 S 1st St Unit 4E, Brooklyn, NY

This home is located at 242 S 1st St Unit 4E, Brooklyn, NY 11211 since 28 March 2014 and is currently estimated at $1,553,258, approximately $1,073 per square foot. This property was built in 1911. 242 S 1st St Unit 4E 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