new - 7 days on rocket

242 S 1st St Unit 4E, New York City, NY, 11211

$1,675,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,477 SqFt
$1,134/SqFt
Condo

Location

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242 S 1st St Unit 4E, New York$1,675,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1911
MLS #COMP-1703823347922898009
StatusActive

About 242 S 1st St Unit 4E

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 façade, 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. There is a $1352/month assessment in place until May 2030

Property Details

Property Features

Property Information:

  • Architectural Style: Walk-Up
  • Year Built: 1911
  • Living Area: 1,477 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: YOVAL VIDAL
  • Agent Phone: (646) 436-5625

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Stainless Steel Appliance(s)
  • Interior: High Ceilings

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,675,000
  • Price Per SqFt: $1,134/SqFt

HOA Fees:

  • Amount: $730
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

242 S 1st St Unit 4E vs New York

7 DAYS ON ROCKET

-77 Days

$1,675,000

+$818.8K More

$1,134/SqFt

+$489 More

KEY TAKEAWAY

This property is $818.8K more than the Median Sold Price and $489/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1703823347922898009

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: YOVAL VIDAL
  • Agent Phone: (646) 436-5625

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/16/2024, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,157

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,088

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-117238
9
/10
  • Success Academy Charter School-Williamsburg

  • 183 S 3rd St Fl ST-4th

  • 0.14 miles

  • Public Charter Grades KG-4

school-card-donut-117239
4
/10
  • P.S. 17 Henry D. Woodworth School

  • 208 N 5th St

  • 0.21 miles

  • Public District Grades PK-5

school-card-donut-117240
6
/10
  • Brooklyn Arbor Elementary School

  • 325 S 3rd St

  • 0.21 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,704. The most common annual income of people living in New York, NY is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 242 S 1st St Unit 4E

What is the listing price of this property?

The listing price of 242 S 1st St Unit 4E property is $1,675,000.

What type of property is this?

The property 242 S 1st St Unit 4E is a condo located in New York City, New York, 11211.

Is this property for sale now?

Active Listing: 242 S 1st St Unit 4E is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 242 S 1st St Unit 4E has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 242 S 1st St Unit 4E is 1,477 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 242 S 1st St Unit 4E is 1911.

Rocket HomesNew YorkKings CountyNew York11211242 S 1st St Unit 4E

This home is located at 242 S 1st St Unit 4E in New York City, NY and zip code 11211 in the Williamsburg neighborhood. This 1,477 square foot home was built in 1911. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $1,675,000.

While more than 269 listings in New York, NY in October 2024 were sold above asking price, there were more than 850 listings sold at asking price, and more than 833 were sold below. The number of listings in New York, NY increased by 1.8% between September 2024 and October 2024. In October 2024 median list price was $856,124 and the average listing age was 84 days.

From Rocket Homes Real Estate and based on county public records data.

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