$1,225,000
Updated a day ago
Sold

LOFTS1

242 South 1st Street, 4-D

Williamsburg, Brooklyn | Park Ave & Myrtle Ave

Loft 4 Rooms2 Beds2 Baths1,158 Square FeetCondo

$1,225,000
Common Charges$579
RE Taxes$1,246
Price Per SF
$1,058

Listing Features

  • Beamed Ceilings
  • Corner Apartment
  • Dining Alcove
  • Hardwood Floors
  • High Ceilings [11']
  • Mezzanine
  • Original Details
  • Penthouse/Top Flr
  • Recessed Lighting
  • Straight Staircase
  • Triplex
  • Walk-in Closet
  • Washer / Dryer
  • Oversized Windows
  • Dishwasher
  • Eat-in Kitchen
  • Gourmet Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • En Suite Bathroom
  • Soaking Tub

Outdoor space and views

  • Balcony [11'x2']
  • Private Roof [14'x19']
  • City Views
  • East Exposure
  • South Exposure

Building Amenities

  • Virtual Doorman

Policies

  • Pets Allowed
  • Pieds A Terre Ok

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

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.

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

Now
08/21/2026
$1,225,000
Sold and Closed by Ralph Modica
Compass
06/11/2026
Contract Signed by Ralph Modica
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

Kathy Lam
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: 373686