Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,170,000

· Closed March 19, 2026

242 BROOME Street #7C
Closed For Sale Condo

$2,170,000

$1,577 per sq ft

242 BROOME Street #7C

Lower East Side, Manhattan

242 Broome Street

MLS® #RLS20046403

RLS at REBNY

Listing by Corcoran Group

2

Bedrooms

2.5

Baths

1,376

Sq. Ft.

2018

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,376 sq ft
Year Built 2018
Ownership Condo
HOA/Common Charges $3,171/mo
Property Taxes Contact for details
Neighborhood Lower East Side
Floor 7 of 14

Property Highlights

  • Views: City, Panoramic, River
  • Exposure: South,West facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 7 of 14
View City, Panoramic, River
Exposure South,West
Cooling Central Air
Pets Yes
Year Built 2018
Living Area 1,376 sq ft
Structure Type HighRise
Basement Other
Parcel # 0409-1220
Block/Lot 00409/1220

Listing History

Event Date Price Change
Listed Sep 5, 2025 $2,445,000 -
Price Reduced Apr 27, 2026 $2,180,000 -10.8%
Currently May 7, 2026 $2,170,000 -0.5%

Description

Sleek, Stylish 2-Bedroom / 2.5-Bath Corner Residence at 242 Broome Street

Apartment 7C at 242 Broome Street is a spacious and sun-filled 1,376 SF corner home, designed with flawless attention to detail and the highest-quality finishes. With its split two-bedroom layout, soaring 10-foot ceilings, and wide-plank white oak floors, this residence offers both sophistication and functionality.

The expansive open-concept living and dining areas are framed by dramatic Southern and Western exposures, filling the space with natural light and showcasing ever-changing city views-ideal for quiet enjoyment or entertaining on a grand scale.

The chef's kitchen is outfitted with warm grey walnut cabinetry, a polished Calacatta marble island, counters, and backsplash, and is fully equipped with Gaggenau appliances, including a 36-inch five-burner gas cooktop, electric and speed ovens, refrigerator, freezer, and wine refrigerator.

The primary suite features two generous walk-in closets and a spa-like bath with radiant-heated Alanur-honed marble floors, Imperial Danby countertops, a custom walnut vanity, and a glass-enclosed shower with thermostat and volume regulators. The secondary bedroom offers its own ensuite marble bath with a deep soaking tub. A stylish powder room with honed marble finishes, a Corian vanity, and floor-to-ceiling mirror completes the home. Additional features include electric blinds in all windows, an in-unit washer/dryer and a large private storage unit.

242 Broome benefits from a valuable 421-a tax abatement through 2038, offering exceptional savings and enhancing its appeal as a long-term investment.

Residents of 242 Broome enjoy a comprehensive suite of amenities, including a 24-hour concierge and resident manager, fitness center with changing rooms, entertainment lounge with kitchen and billiards, flex workspace, and a landscaped rooftop terrace with outdoor dining.
Designed by SHoP Architects, 242 Broome stands at the vibrant crossroads of Broome and Ludlow, just across the street from Essex Market, cultural destinations, and multiple transit options.

This is modern downtown living at its finest.

Features & Amenities

Interior Features

Building None Washer Hookup In Unit

Exterior Features

Building Roof Deck Private Outdoor Space Under60 Sqft

Building Amenities

Common Playroom Concierge Game Room Storage

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $3,171/mo
RE Taxes Contact for details
Original Price $2,445,000
Sale Price $2,170,000
Previous Price $2,180,000

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

115

Median Asking Price

$1.29M

Median $/Sqft

$1,407

Avg Days on Market

N/A

New This Week

9

Price Reduced

28%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/7/26, 5:59 AM EST

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Location

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242 BROOME Street #7C, 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 $3,171 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,376 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 $2,170,000 for 1,376 sq ft, the asking price per square foot is approximately $1,577. 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: RLS20046403
First Listed: 9/5/2025
On Market: 9/5/2025
Price Changed: 4/27/2026
Closed: 3/19/2026
Contract Date: 9/5/2025

Listing Courtesy of Corcoran Group - Gitanjali K Ramani-Ruff

Listing Contact: (917) 331-3346

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 5/7/2026 at 9:59 AM UTC

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