Buy with Yoreevo
$1,129,875
List Price: $1,150,000
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242 S 1st Street
House in Williamsburg •  building info
1bd • 2ba • 1,074ft² $1,071 per ft²
Buy with Yoreevo

$1,129,875

List Price

$1,150,000

Open Sat, Apr 4 (10am - 11:30am)
Key Details
Days on market
7
Last price change
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Estimated payment
$7,151/mo
Taxes
$946/mo
Maintenance
N/A
Description
Artist's Duplex with Private Terrace in Iconic Williamsburg Loft Conversion Welcome to Lofts1, a boutique 23-unit condominium that blends authentic loft living with modern luxury. Originally a cheesecake factory built in 1911 and masterfully reimagined by Andres Escobar in 2007, this industrial-chic building captures the soul of Williamsburg's creative spirit. Residence 1D is a one-of-a-kind duplex loft offering 1,074 square feet of flexible living space, including one spacious bedroom, two full bathrooms, and a private 200 SF terrace – perfect for al fresco dining, gardening, or unwinding with a glass of wine. Enter through your private foyer into an expansive open-plan layout featuring soaring 13-foot ceilings, maple wood floors, and brand-new factory-sized windows that flood the home with natural light. The chef's kitchen is outfitted with sleek black granite countertops, stainless steel appliances, and abundant cabinetry. Adjacent is a spa-like bathroom with an oversized soaking tub, ideal for relaxing after a long day. Enjoy premium conveniences including an in-unit washer/dryer, a split AC system, virtual doorman, and custom French doors that open directly to your sun-drenched private terrace with southern exposure. Downstairs, the generous bedroom features its own entrance, full bath, and room for a home office or creative studio. With two separate entrances, this flexible layout allows for easy conversion into a two-bedroom, two-bathroom residence (if desired) . Located in the heart of South Williamsburg, Lofts1 places you at the epicenter of Brooklyn's most dynamic neighborhood. Just steps from Havemeyer Street, Grand Street, and Metropolitan Avenue, you're surrounded by the area's best dining, cafes, bars, and nightlife. Transit is a breeze with the Bedford Ave L, Marcy Ave J/M/Z, and Metropolitan G trains all nearby, and the vibrant Domino Park only four blocks away. If you're looking for a unique, light-filled loft with authentic character and unbeatable location, Residence 1D checks every box. Don't miss this rare opportunity to own a piece of Williamsburg's creative legacy.

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Important Stuff
Washer/Dryer in unit
Virtual Doorman
Home features
Dishwasher
Building amenities
Services and facilities
Fios Available
Building info

History
What it'll cost
Purchase price
$1,150,000
Asking Price: $1,150,000
Term
30 Years
Down Payment
$115,000 (10%)
Min: 10% (115,000)
Rate
6.0 %
Mortgage Amount
$1,035,000
Mortgage Payment
$6,205
Taxes
$946
Estimated Yoreevo rebate
$20,125
Estimated closing cost
$43,000
Total monthly cost $7,151
Buy your dream home with us and get an estimated $20,125 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Capri Jet Realty Corp

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