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$1,249,000
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Property Description & Video
242 S 1st Street #4D, New York City, NYVideo Tour of 242 S 1st Street #4D, New York City, NY.
History meets modern living at 242 South 1st Street, a former 1911 cheesecake factory converted into a boutique 4-story condominium. This sun-drenched top-floor triplex delivers the kind of space and character that simply can't be replicated in new construction. The main level opens into a well-appointed kitchen with black granite countertops, GE stainless steel appliances, and generous cabinetry. A corner living area with southern and eastern exposures draws in light all day, framed by factory-sized windows and soaring 11-foot beamed ceilings. A sleek tiled bathroom with an extra-deep soaking tub completes the level. Up one flight, a private rooftop oasis awaits. Open sky, city views, and space to entertain or unwind. The open mezzanine level serves as a generous primary suite with a walk-in closet and en-suite bath. Above, a flexible top-level loft functions as a second bedroom or dedicated home office. Maple hardwood floors throughout. In-unit washer/dryer. Convertible two-bedroom layout. Positioned at the intersection of Havemeyer, Grand, and Metropolitan, you're steps from Williamsburg's best restaurants, cafes, and nightlife. The Bedford Ave L and Marcy Ave J/M/Z trains are both within easy reach. Common charges for the unit are $579/mo. There is an operating assessment of $1,072/mo until April 2030, covering completed capital contributions for facade, window/door, and roof repairs. Please note, the original offing plan has 4D as a 4-Room/1-Bath. This home has been modified into a convertible 2-bed/2-bath.
Full Property Details
Full Property Details for 242 S 1st St #4D
General
- Price: $1,249,000
- HOA FEE: $579/month
- Taxes: $14,952
- Status: Active
- Type: Apartment
- Source: REBNY
- MLS ID: RLS20092789
- Updated: 5/31/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Eat-in Kitchen, Granite Counters, High Ceilings, Soaking Tub, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Stainless Steel Appliance(s), Washer
- Furnishings: Unfurnished
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Common On Floor, In Unit, See Remarks
Exterior
- Exterior Features: Building Roof Deck, Private Outdoor Space Over 60 Sqft
- Porch/Patio/Deck: Deck, Rooftop
Location
- County: Kings
- Subdivision: Williamsburg
- Building Name: Lofts1
Community
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other, Wall Unit(s)
- Heating Type: Wall Furnace
Structural Information
- Architectural Style: Walk-Up
- Stories/Levels: 3
- Square Feet: 1,158
- Living Area: 1,158 Sq. Ft.
- Year Built: 1911
Lot Features
- Property View: City
- Lot Dimensions: 55.000000 x 100.000000
Financial Considerations
- Association Fee: $579
- Assoc Fee Freq.: Monthly
- Tax Amount: $14,952
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 02408-1221
- Block: 2408
- Lot Number: 1221
Listing Courtesy of Compass
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Schools
Schools serving 242 S 1st St #4D
School District:New York City Geographic School District 14
| Name | Grades | Distance |
|---|---|---|
Ps 17 Henry D Woodworth 208 North 5th Street, Brooklyn, NY 11211 | PK-5 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 242 S 1st St #4D
Date
Details
Price
Change
Source
5/27/2026
Listed
$1,249,000
85.85%
MLS
10/18/2007
Sold
$672,045
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 242 S 1st St #4D
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,305
—
$128,914
5%
2025
$15,305
2%
$122,440
-3%
2024
$14,936
1%
$125,617
1%
2023
$14,732
4%
$124,636
2%
2022
$14,179
-46%
$122,123
14%
2021
$26,250
100%
$106,996
-9%
2020
$13,097
6%
$117,995
—
2019
$12,379
9%
$117,462
4%
2017
$11,338
—
$113,364
12%
2017
$11,338
5%
$101,509
8%
2016
$10,771
12%
$94,386
6%
2015
$9,644
17%
$89,226
5%
2014
$8,245
12%
$85,073
13%
2013
$7,374
—
$75,559
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 242 S 1st St #4D
242 S 1st Street #4D, New York City, NY 11211 (MLS# RLS20092789) is a Apartment property with 2 bedrooms and 2 full bathrooms. 242 S 1st Street #4D is currently listed for $1,249,000 and was received on May 27, 2026. Want to learn more about 242 S 1st Street #4D? Do you have questions about finding other Apartment real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

