Seller's Agent in 2021
Marvin Chu
Corcoran Group
(718) 685-9430
33 in this area
81 Total Sales
Estimated Value: $1,482,000 - $1,730,000
Accepted Offer. Just in Time for the Season.
This Sun-drenched Triplex Penthouse Loft with Private Roof Garden epitomizes comfortable luxe living in 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 1,447 SF Turnkey, top-floor 2 bed, 2.5 bath loft with a non-cookie cutter layout, where every nook & cranny has been creatively reimagined? Pass through the residence?s foyer to be greeted by an open kitchen gorgeously re-outfitted with natural stone waterfall countertop, streamlined white cabinetry, top-of the-line-appliances and a seamlessly hidden stacked washer/dryer. Natural light pours endlessly into the main floor from Southern & Eastern exposures. The modern aesthetics, congruent to the industrial style, include factory-sized windows, soaring 10? + high concrete beamed ceilings and immaculate walnut-stained maple wood floors. Ascend the staircase up to the second level, past the sitting area/library where a cozy living area leads out directly onto a 229 SF rooftop oasis with city views. It is the perfect retreat for your morning coffee/routine, or al-fresco dining and cocktails after a long day in New York City. Nicely tucked away in the corner is a second full bathroom with walk-in shower. Finally, set on the top level is the master bedroom suite, featuring abundant closets, dressing area and an en-suite half bath. 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 a zen-like outdoor space, and an expansive layout for working-from-home / wfm comfortably?.seek no further, this is it!
Last Agent to Sell the Property
Corcoran Group License #10301209550 Listed on: 05/16/2021
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wylie Nikolas | $1,495,000 | -- | |
| Wylie Nikolas | $1,495,000 | -- | |
| Wylie Nikolas | $1,495,000 | -- | |
| James Gregory | -- | -- | |
| James Gregory | -- | -- | |
| James Gregory | -- | -- | |
| James Gregory | $1,050,000 | -- | |
| James Gregory | $1,050,000 | -- | |
| James Gregory | $1,050,000 | -- | |
| Miller Bibi R D | $740,000 | -- | |
| Miller Bibi R D | $740,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | James Gregory | $840,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2021 09/17/21 | Sold | $1,495,000 | -5.7% | $1,033 / Sq Ft |
| 08/11/2021 08/11/21 | Pending | -- | -- | -- |
| 05/16/2021 05/16/21 | For Sale | $1,585,000 | -- | $1,095 / Sq Ft |
| 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 |
Seller's Agent in 2021
Marvin Chu
Corcoran Group
(718) 685-9430
33 in this area
81 Total Sales
Seller Co-Listing Agent in 2021
Chris Cavorti
Corcoran Group
(914) 804-7091
25 in this area
84 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10718646
APN: 02408-1222
Ask me questions while you tour the home.