$1,395,000
Updated 10 months ago
Off Market

LOFTS1

242 South 1st Street, 4-E

Williamsburg, Brooklyn | Park Ave & Myrtle Ave

Loft 4 Rooms2 Beds2.5 Baths1,477 Square FeetCondo

$1,395,000
Common Charges$730
RE Taxes$1,569
Price Per SF
$944

Listing Features

  • Beamed Ceilings
  • Dressing Area
  • Exposed Brick
  • Hardwood Floors
  • High Ceilings
  • Home Office
  • Mezzanine
  • Penthouse/Top Flr
  • Triplex
  • Washer / Dryer
  • Oversized Windows
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Oversized Tub
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Balcony [13'x2']
  • Juliet Balcony
  • Terrace [10'x19']
  • Williamsburg Bridge
  • Woolworth Building
  • East Exposure
  • South Exposure

Building Amenities

  • Virtual Doorman

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 242 South 1st Street, 4-E

Best two-bedroom/two-and-a-half bathroom deal in Williamsburg! 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 facade, 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.

Listing History for 242 South 1st Street, 4-E

Now
10/13/2025
TOM by Yuval Vidal
Compass
05/20/2025
$1,395,000 [-$100,000] [6.7%]
Price Drop by Yuval Vidal
Compass

Building Details for 242 South 1st Street

OwnershipCondo
Building TypeLoft
Service LevelVirtual Doorman
AgePre-War
AccessWalk-up
Year Built1911
Financing Allowed90%
Floors/Apts4/23
Learn More About the Building

Transit and Citi Bike

Subway

Marcy Av
0.27 miles
Metropolitan Av
0.33 miles
Bedford Av
0.35 miles
Lorimer St
0.41 miles
Hewes St
0.43 miles

Citi Bike

Grand St & Havemeyer St
0.06 miles
S 4 St & Roebling St
0.15 miles

Contact Agents

Contact Agents

Williamsburg | Brooklyn

Quick Profile

Equal parts family-friendly and millennial haven/nightlife destination, Williamsburg offers the best of all worlds. Whether by night or by day, the ‘Burg has endless options for every type of personality and interest--which has only increasingly become the case after the neighborhood was rezoned in 2005. With the floodgate opened for more varied types of businesses, Williamsburg saw one of the highest rates of development in the past decade than any other part of Brooklyn. 

Referred to as “Little Berlin” for its late night and club-oriented nature, Williamsburg works as hard as it plays. Apart from the Clubland concentrated around Wythe Avenue, there is also a slew of offices (like 25 Kent Avenue, a sprawling eight-floor, 500,000-square foot waterfront building) and co-working spaces such as WeWork, The Yard and Green Desk that make it an ideal location for the corporate-, startup- and tech-oriented set. 

With more offices setting their sights on this part of Brooklyn, it only makes sense that more people want to live close to where they work. Apart from your average walk-up apartment, W-burg has famously become home to numerous condos along the waterfront that continue to grow and expand in concert with the businesses and corporate hubs that have entered the environment. 

Even with its many and undeniable changes, however, Williamsburg remains an arts-friendly community, particularly with regard to music and literature. While DIY spaces have come and gone, certain staples have persisted to become institutions that still provide a place for up and coming musicians to perform. On the literary front, long-standing indie bookstores like Spoonbill and Sugartown and Book Thug Nation have paved the way for others to cross the river, namely McNally Jackson Books. 

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: 373689