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$3,109,800
List price: $3,195,000
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242 Broome Street #11B
Condo in Lower East Side • 
building info
3bd • 4ba • 1,734 ft 2
List price

$3,195,000

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Key Details
Days on market
684
Last price change
loading...
Estimated payment
$25,540
Taxes
$1,016
Monthly common charges
$3,425
Description
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 faade 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 1,734 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 September 30th 2019 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 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.

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Important Stuff
Important Stuff
Doorman
Elevator
Amenities
BUILDING AMENITIES
  • Gym
  • Concierge
  • Roof Deck
  • Media Room
  • Live In Super
  • Fios Available
  • Storage Available
  • Children's Playroom
History
What it'll cost
Purchase price
$3,195,000
Asking Price: $3,195,000
Term
30 Years
Down Payment
$319,000 (10%)
Min: 10% (319,000)
Rate
8.0 %
Mortgage Amount
$2,875,500
Mortgage Payment
$21,099
Common Charges
$3,425
Taxes
$1,016
Estimated Yoreevo rebate
$85,200
Estimated closing cost
$126,000
Total monthly cost $25,540
Buy your dream home with us and get an estimated
$85,200 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Courtesy of Douglas Elliman

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