
242 S 1st St Unit 4E Brooklyn, NY 11211
Williamsburg NeighborhoodEstimated payment $9,289/month
Highlights
- Doorman
- Terrace
- 4-minute walk to La Guardia Playground
- Penthouse
- Balcony
About This Home
Best two-bedroom/two-and-a-half bathroom deal in Williamsburg! For unique historic character, an incredibly spacious layout and two sunny south-facing outdoor spaces, look no further than this impressive two-bedroom, two-and-a-half-bathroom loft triplex located within a stylish condominium conversion in a prime Williamsburg location. Spanning more than 1,447 square feet across three levels, this beautiful home offers a flexible floor plan filled with soaring 10-foot-tall beamed ceilings, rich maple hardwood floors and oversized windows facing south and east. The first floor greets you with a gracious entry flanked by a coat closet and a well-appointed guest bathroom featuring a large tub/shower and gorgeous floor-to-ceiling tile. Ahead, enjoy a generous footprint for living and dining areas flanked by a south-facing Juliet balcony and a stunning gourmet kitchen, where sleek white cabinetry boasts thick natural stone countertops. The upscale stainless steel appliances include a gas cooktop, oven, built-in microwave and dishwasher, plus a stacked washer-dryer concealed behind a hidden door. A spacious bedroom with a roomy closet completes the level. Ascend the open steel staircase to find an expansive indoor-outdoor living area that opens to a nearly 200-square-foot south-facing terrace. Imagine hosting summer barbecues and gameday gatherings on this wonderful outdoor retreat wrapped in gorgeous blue-sky views. A second full bathroom on this level offers a walk-in shower. Above, the home s top floor is dedicated to a private primary suite featuring a king-size bedroom, an oversized half-bathroom and a large dressing area bordered by two large closets. Additional closet space and a mini-split HVAC system add comfort and convenience to this special South Williamsburg sanctuary. LOFTS1 is a modern, pet-friendly condominium housed within a historic warehouse building featuring an industrial-chic facade, exposed brick and concrete lobby and video intercom entry. From this vibrant, easily accessible South Williamsburg location, you re just five blocks from the East River waterfront and fantastic Domino Park. Enjoy proximity to Whole Foods, Apple Williamsburg, Nitehawk Cinema, Williamsburg Cinema and remarkable international cuisine, including popular L Industrie Pizza on the next block. Nearby J/Z, M, L and G trains, excellent bus service, CitiBike stations, the BQE and both the North and South Williamsburg Ferry Terminals put the rest of the city within easy reach.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $18,838
Home Design
- 1,477 Sq Ft Home
- Penthouse
Bedrooms and Bathrooms
- 2 Bedrooms
Outdoor Features
- Balcony
- Terrace
Community Details
Pet Policy
- Pets Allowed
Additional Features
- Williamsburg Community
- Doorman
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/14/2025 07/14/25 | For Sale | $1,395,000 | 0.0% | $944 / Sq Ft |
07/14/2025 07/14/25 | Off Market | $1,395,000 | -- | -- |
06/19/2025 06/19/25 | For Sale | $1,395,000 | 0.0% | $944 / Sq Ft |
06/19/2025 06/19/25 | Off Market | $1,395,000 | -- | -- |
05/21/2025 05/21/25 | Price Changed | $1,395,000 | -6.7% | $944 / Sq Ft |
03/25/2025 03/25/25 | For Sale | $1,495,000 | 0.0% | $1,012 / Sq Ft |
03/25/2025 03/25/25 | Off Market | $1,495,000 | -- | -- |
02/07/2025 02/07/25 | Price Changed | $1,495,000 | -5.1% | $1,012 / Sq Ft |
01/06/2025 01/06/25 | Price Changed | $1,575,000 | -6.0% | $1,066 / Sq Ft |
11/05/2024 11/05/24 | For Sale | $1,675,000 | +59.5% | $1,134 / Sq Ft |
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 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $1,495,000 | -- | |
Deed | $1,495,000 | -- | |
Deed | -- | -- | |
Deed | -- | -- | |
Deed | $1,050,000 | -- | |
Deed | $1,050,000 | -- | |
Deed | $740,000 | -- | |
Deed | $740,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $840,000 | Purchase Money Mortgage | |
Previous Owner | $32,882 | No Value Available | |
Previous Owner | $650,000 | No Value Available |
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Source: NY State MLS
MLS Number: 11386361

APN: 02408-1222
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