Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $599,000

Listed at $635,000 · Sold 5.7% below asking · Closed July 24, 2019

242 S 1ST Street #2D
Closed For Sale Condo

$635,000

$1,097 per sq ft

242 S 1ST Street #2D

Williamsburg, Brooklyn

LOFTS1

MLS® #RLS10547767

RLS at REBNY

Listing by The Corcoran Group

Studio

1

Bath

579

Sq. Ft.

1911

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 579 sq ft
Year Built 1911
Ownership Condo
HOA/Common Charges $678.29/mo
Property Taxes $5,697/yr
Neighborhood Williamsburg
Floor 2 of 4

Property Highlights

  • Exposure: East,South facing
  • Climate Control: Wall Units
  • Character: Pre-war building (1911)

Property Details

Type Condo
Ownership Condominium
Total Rooms 1
Baths 1 Full
Floor 2 of 4
Exposure East,South
Cooling Wall Units
Pets Yes
Cross Street ROEBLING STREET and HAVEMEYER STREET
Year Built 1911
Living Area 579 sq ft
Parcel # 02408-1209

Description

Boutique Living in the lively, energetic heart of Williamsburg! 242 South 1st Street AKA Lofts1 is formerly a cheesecake factory built in 1911 and converted into a modern 4-story condominium in 2007. Offering a fantastic opportunity to own a starter home in a desirable location with low monthlies!Unit 2D is an airy Studio Loft with Juliet Balcony, easily convertible to a true 1 bedroom -- please see proposed layout in floor plan. Enter into this space into an open kitchen dressed with black granite countertops, GE stainless steel appliances including a dishwasher and plenty of cabinetry for storage. Aesthetics preserved from its industrial past includes oversized factory windows and ~ 10.5 ft. high ceilings with exposed concrete beams. Beautiful maple hardwood floor spans throughout. The sleek tiled bathroom features an extra-deep soaking tub. Enjoy the comforts of in-unit washer/dryer and PTAC heating & cooling. Virtual doorman system in place and only a two-floor walk-up! Flawlessly surrounding Williamsburg's hottest venues, restaurants, cafes, bars, nightlife right out your 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.Tenant in place until End of March First Showing and Open House on March 17th 12-1:30PM. Showings by appt. after the 17th of March. Please email to pre-register!*Monthly Common Charges Include $435 on-going Assessment into Capital Contributions for Building Facade, Windows/Doors, and Roof Repairs - Monthly CC without Assessment is $243.29.*

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Building Information

Building LOFTS1
Total Units 30
Stories 4

Financial Details

Common Charges $678.29/mo
RE Taxes $5,697/yr ($475/mo)
Sale Price $599,000

Williamsburg is the global face of Brooklyn's cultural and residential renaissance. Defined by its stunning waterfront parks and the iconic L-train connection to Manhattan, the neighborhood offers a high-energy lifestyle. The real estate market is dominated by sleek, glass-walled luxury condominiums along the East River, alongside historic warehouse conversions and boutique new developments that cater to a wide range of buyers and renters.

Williamsburg Live Market Data

View Neighborhood

Active Listings

160

Median Asking Price

$1.99M

Median $/Sqft

$1,683

Avg Days on Market

N/A

New This Week

14

Price Reduced

12%

Sold (30 Days)

25

Median Sale Price

$1.23M

Live data from RLS at REBNY • Updated 3/28/26, 1:42 AM EST

Similar Listings in Williamsburg

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Location

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242 S 1ST Street #2D, Williamsburg, Kings County • Near ROEBLING STREET and HAVEMEYER STREET

Floor Plans

Floor Plan
MLS® ID: RLS10547767
First Listed: 3/11/2019
Closed: 7/24/2019
Contract Date: 3/11/2019

Listing Courtesy of The Corcoran Group - MARVIN Z CHU

Listing Contact: (718) 685-9430

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 3/28/2026 at 5:42 AM UTC

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