Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

242 BROOME Street #7D
Interested in this property?
Pending For Sale Condo

$1,680,000

$1,675 per sq ft

242 BROOME Street #7D

Lower East Side, Manhattan

Essex Crossing

MLS® #RLS20050998

RLS at REBNY

Listing by City Sphere

1

Bedroom

1.5

Baths

1,003

Sq. Ft.

2018

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Living Area 1,003 sq ft
Year Built 2018
Ownership Condo
HOA/Common Charges $2,247/mo
Property Taxes Contact for details
Neighborhood Lower East Side
Floor 7 of 15

Property Highlights

  • Views: City, River
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full, 1 Half
Floor 7 of 15
View City, River
Cooling Other
Pets Yes
Year Built 2018
Living Area 1,003 sq ft
Structure Type HighRise
Basement Other
Parcel # 0409-1221
Block/Lot 01824/7502

Listing History

Event Date Price Change
Listed Sep 25, 2025 $1,735,000 -
Currently Jun 22, 2026 $1,680,000 -3.2%

Description

When you know, you know. From the very first moment you step inside Residence 7D at 242 Broome Street, it's clear this is more than just a one-bedroom - it's a statement of space, light, and style in the vibrant heart of Manhattan's Lower East Side. The building itself, designed by the acclaimed SHoP Architects, greets you with its champagne-hued facade that shimmers and shifts with the sun. It feels at once grounded in the neighborhood's historic character and confidently modern - a perfect reflection of downtown living. As you walk through the door, an impressive foyer sets the tone. Generous in scale, refined in detail, it invites you in with a walk-in closet and a chic powder room - an elegant welcome that makes entertaining effortless. And then it happens - you fall in love. The expansive living and dining room glows with northern and western light. Ten-foot ceilings lift the space, while wide-plank oak floors stretch gracefully underfoot. At its heart, the chef's kitchen doesn't just perform - it captivates: custom grey walnut cabinetry, polished Calacatta marble, and Gaggenau appliances that promise both beauty and precision. Gather at the marble island with friends and feel how naturally this home becomes the setting for connection. The primary suite is its own private retreat. Thoughtful custom storage lines the space, while the en suite bathroom feels like a spa: radiant Alanur marble floors, Danby marble counters, a walnut vanity, and polished Duravit fixtures. Every detail whispers calm, every finish invites pause. Life at 242 Broome is layered with luxuries. A 24-hour doorman, concierge, and on-site manager provide seamless service. The industrial-chic fitness center, entertainment lounge with catering kitchen and billiards, and rooftop terrace with cinematic skyline views turn everyday living into something extraordinary. Picture summer evenings dining under the open sky - unforgettable and entirely yours. And just outside, the Lower East Side hums with energy. Essex Market, the International Center for Photography, and the creative buzz of Dimes Square are steps from your door. Adding to its value, a 421-a tax abatement remains in place until 2039. Residence 7D is where design, lifestyle, and location align. It isn't just modern downtown living - it's the moment you realize you've found the one.

Features & Amenities

Interior Features

Building None In Unit

Exterior Features

None

Building Amenities

Storage

Building Information

Building Essex Crossing
Building Data View Compliance & Permits
Total Units 55
Stories 15
Structure HighRise

Financial Details

Common Charges $2,247/mo
RE Taxes Contact for details
Original Price $1,735,000
Previous Price $1,735,000

The Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.

Lower East Side Live Market Data

View Neighborhood

Active Listings

129

Median Asking Price

$1.20M

Median $/Sqft

$1,500

Avg Days on Market

N/A

New This Week

10

Price Reduced

28%

Sold (30 Days)

5

Median Sale Price

$990K

Live data from RLS at REBNY • Updated 6/22/26, 6:22 AM EST

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Location

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242 BROOME Street #7D, Lower East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2016
Year Built
10 years old
14
Floors
55
Residential Units
C6-1
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $30,121,197
Land Value: $7,822,797
Exemptions: $23,138,367

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 21,996 SF
Building Area: 137,000 SF
Built FAR: 6.23
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $2,247 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom and 1 half bathroom.

The listed interior living area is 1,003 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2018, making it approximately 8 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,680,000 for 1,003 sq ft, the asking price per square foot is approximately $1,675. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20050998
First Listed: 9/25/2025
On Market: 9/25/2025
Price Changed: 1/20/2026
Pending Since: 4/28/2026
Contract Date: 9/25/2025

Listing Courtesy of City Sphere - Yuliya Zaynulina

Listing Contact: (212) 913-9058

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/22/2026 at 10:22 AM UTC

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