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Essex Crossing
242 Broome Street, 12-B
Chinatown, Manhattan | Ludlow Street & Essex Street
5 Rooms3 Beds3.5 Baths1,683 Square FeetCondo
$2,975,000
$2,975,000
Updated 6 years ago
Sold

Essex Crossing

242 Broome Street, 12-B

Chinatown, Manhattan | Ludlow Street & Essex Street

5 Rooms3 Beds3.5 Baths1,683 Square FeetCondo

$2,975,000
Common Charges$3,340
RE Taxes$851
Price Per SF
$1,768

This property was sold for $2,975,000 on 04/15/20.

Listing Features

  • Abundant Closets
  • Corner Apartment
  • Entry Foyer
  • High Ceilings [10.5']
  • Recessed Lighting
  • Walk-in Closet
  • Washer / Dryer
  • Oversized Windows
  • Picture Windows
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Microwave
  • Open Kitchen
  • Windowed Kitchen
  • Wine Cooler
  • Double Vanity
  • En Suite Bathroom
  • Heated Floors
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • South Exposure
  • West Exposure

Building Amenities

  • Concierge
  • Billiards Room
  • Elevator
  • Facility Kitchen
  • Fitness Facility
  • Grilling Stations
  • Resident Lounge
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 242 Broome Street, 12-B

242 Broome represents a rare opportunity for anyone seeking a modern home in the Lower East Side, one of New York's most storied neighborhoods. Designed by next-generation firm SHoP Architects, the building's champagne-colored facade softly reflects the surrounding buildings, while capturing an ever-changing dance between past and future. Utilizing a sophisticated mix of materials - slab marble, blackened steel, and warm woods - the artistic, custom-designed interiors by DXA Studio exude calm and comfort.

This one-of-a-kind 1,683 SF, three-bedroom, three and a half bathroom residence features 10'1/2" ceilings and 7" wide-plank white oak floors throughout. The gracious, sun-soaked, open concept living and kitchen space embraces south and west exposures, and is complete with a dining area perfect for entertaining. The kitchen offers warm grey walnut cabinetry with a polished Calacatta marble countertop, backsplash, and kitchen island. Fully integrated, state-of-the-art Gaggenau appliances include a stainless steel 36" five-burner gas cooktop, 30" electric oven, 30" speed oven, refrigerator, freezer, and wine refrigerator.

The master bedroom reveals an oversized walk-in closet and a luxurious en suite master bath with radiant heated flooring. Alanur honed marble floors and wet walls, Imperial Danby countertops, a custom walnut vanity, and a shower with thermostat and volume regulators are complemented by Duravit polished chrome fixtures. The secondary bedrooms also provide ample closet space and en-suite bathrooms with honed marble floors and tiled wet walls. Off the foyer, the stylish powder room has honed marble floors and a floor-to-ceiling surface mounted mirror, with a Corian vanity and sink.

The residence comes complete with a washer and dryer, and the option to purchase residential storage. 242 Broome's extensive, lifestyle-enhancing amenity program includes: 24-hr doorman/concierge and building manager, fitness center with changing areas, entertainment lounge with kitchen, flex space and billiards, and a beautifully landscaped rooftop terrace with outdoor dining. This building is also expected to have a 421-a tax abatement. Occupancy is immediate.

242 Broome Street is Site 1 of the new and highly anticipated Essex Crossing Development, spanning over 9 buildings. Within the project is the new home of the 75 year-old Essex Street Market and new Regal Essex Crossing Cinema, both which opened in May 2019, amongst other commercial amenities including The International Center of Photography, Trader Joes, and The Market Line (opening Fall 2019). Once The Market Line is complete, it will be New York City's largest indoor market featuring over 150 food vendors, shops, and galleries. All of this alongside convenient transportation access makes your residence at 242 Broome that much more special.

242 Broome is currently offering two promotional incentives. All accepted offers with contracts signed before March 31st, 2020 will be awarded. 2 Years of common charges as a closing cost credit, and a storage bin to be included at no additional cost. As well as, a $25,000 closing credit towards The Essex Crossing amenities.

The alternate floorplan depicted is for illustrative purposes only. Unit 12B will be delivered as a 3 bedroom per the Offering Plan

The complete offering terms are in an offering plan available from Sponsor File No. CD15-0376. Sponsor: Site 1 DSA Owner LLC c/o Taconic Investment Partners LLC, 111 Eighth Avenue, Suite 1500, NY, NY, 10011. Equal housing opportunity.

Listing History for 242 Broome Street, 12-B

Now
04/15/2020
$2,975,000
Sold and Closed by Ariel Tirosh
Douglas Elliman
03/06/2020
Contract Signed by Ariel Tirosh
Douglas Elliman
Load More

Building Details for 242 Broome Street

OwnershipCondo
Building TypeMid-Rise
Service LevelConcierge
AgePost-War
AccessElevator
Year Built2017
Financing Allowed90%
Floors/Apts15/55
Learn More About the Building

Transit and Citi Bike

Subway

Delancey St-Essex St
0.08 miles
Grand St
0.23 miles
Bowery
0.29 miles
East Broadway
0.29 miles
2 Av
0.38 miles

Citi Bike

Orchard St & Grand St
0.08 miles
Norfolk St & Broome St
0.09 miles

Contact Agents

Contact Agents

Ariel Tirosh
Douglas Elliman
Jacob Franco
Douglas Elliman
Christopher Morales
Douglas Elliman

Chinatown | Manhattan

Quick Profile

The roots of Chinatown are said to go back as far as 1858, with the arrival of Cantonese businessman, Ah Ken. Ah Ken made his fortune selling cigars and is thought to have set up the first boarding houses for Chinese immigrants.

Vibrant and bustling, in New York City’s Chinatown, you’ll find the biggest population of Chinese people in the Western Hemisphere. Although Chinatown was established mostly by Cantonese speakers, due to an influx of Fuzhounese speaking Chinese immigrants and Mandarin being the official language of China and Taiwan, Mandarin has become vital to the dynamic tableau that is Chinatown.

Centered around Chatham Square and Columbia Park, Chinatown is transportive yet quintessential New York. Traveling the cozy corridors of Chinatown, bask in the varied languages and cultural diaspora, uniquely American and yet universal. Witness the roots of a place where a community was allowed to grow within a community, a world within a world. See it in the statues, architecture, and signage throughout Chinatown. Smell it seeping out from the multitude of dim sum restaurants, noodle houses, and speakeasies that reside here. Pick up a bao and wander the markets for deals and explore the sometimes brutal historic sites. 

Chinatown is developing. Much of the lower-income housing once available in the area are being refurbished and sold. As a result, the community and its demographic makeup are diversifying. 

More

Featured on the Linecity Blog

The MEDIAN

Manhattan| September 2023

According to New York City records, the median price for an apartment in Manhattan for the month of September 2023 was $1,087,000.  The price represents a decrease of 5.5% from the median price of $1,150,000 recorded in September 2022.  The number of apartment sales fell from 1,170 to 821 reflecting a year-over-year decrease of 30%.  ...

posted on December 30, 2023
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1657522
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