$1,425,000
Updated 2 months ago
Off Market

LOFTS1

242 South 1st Street, 1-F

Williamsburg, Brooklyn | Park Ave & Myrtle Ave

Loft 5 Rooms1 Bed2 Baths1,246 Square FeetCondo

$1,425,000
Common Charges$661
RE Taxes$1,178
Price Per SF
$1,144

Listing Features

  • Abundant Closets
  • Beamed Ceilings
  • Duplex
  • Ground Floor
  • High Ceilings [11']
  • Media Room
  • Washer / Dryer
  • Oversized Windows
  • Dishwasher
  • Eat-in Kitchen
  • S Steel Appliances
  • Marble Bathroom
  • Soaking Tub
  • Whirlpool

Outdoor space and views

  • Deck
  • Patio

Building Amenities

  • Virtual Doorman

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 242 South 1st Street, 1-F

Welcome to 1F a stunning 1,246 sqft duplex loft tucked inside a converted former cheesecake factory in the heart of Williamsburg. With soaring 11-foot ceilings and a sense of calm that is increasingly rare, the home feels expansive, super quiet, and impeccably maintained, offering a level of privacy and serenity that sets it apart the moment you walk in. The space unfolds with an effortless flow between the kitchen and living area, designed as much for gathering as it is for slowing down. At its center is a truly special, Japanese-inspired minimalist kitchen, created with a chef’s mindset and an artist’s restraint. Custom millwork integrates built-in shelving and seating in a way that feels both intentional and warm, where every line is clean, every detail considered, and nothing is excessive. It is a kitchen that invites you to cook, host, and live beautifully. Natural light carries through the living space and leads you out to a private deck, a quiet extension of the home where mornings begin softly and evenings wind down with ease. Whether it is coffee, a glass of wine, or a simple moment outside, the transition between indoor and outdoor living feels seamless. A sculptural staircase leads to the lower level, where the home reveals another layer of versatility. The XL primary bedroom offers a grounded, peaceful retreat, accompanied by an adjoining second sleeping area that easily transforms into a nursery, office, or creative space depending on your needs. This level is both functional and flexible, designed to evolve with you. Throughout the home, thoughtful details continue to reveal themselves, from the integrated storage to the full-sized washer and dryer, all contributing to a layout that feels as practical as it is beautiful. This is more than a loft, it is a carefully composed living experience. A rare opportunity to own a design-forward, deeply intentional home in Williamsburg, Brooklyn, where industrial history meets quiet, modern minimalism in one of the neighborhood’s most unique spaces. *** Current Assesment Until AParil 2030 of $1222 /month, For the right offer seller will pay 1/2 of the remaining assesment as a credit at closing.

Listing History for 242 South 1st Street, 1-F

Now
06/18/2026
POM by Steve Halpern
Compass
04/21/2026
$1,425,000
Initial Price by Steve Halpern
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

Licensed As
Steven Halpern
Salesperson
License#:
10401218808
Company:
Compass

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: 620731