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242 Lafayette StreetRecorded sales & closing prices

242 Lafayette Street, New York, NY 10012

13 recorded transfers, 2005–2025. Sortable and searchable below.

Co-ops are normally measured by price per room, since square footage is not officially recorded for them. This building is shown in price per square foot because most of its sales carry documented footage, which makes the sharper measure the honest one here.

Recorded transfers
13
Date range
2005–2025
Median $/sf
$1,567
2025 · adjusted
Listing discount
-2.5%
median, from last ask
Monthly carry/sf
$2.31
≈ $3,125/mo · recent
Price range
$1.21M – $2.2M
Price shift · median $/sf · floor-adjusted
Since 2005
+68.9%
10-Year
+17.3%
Since 2022
+5.9%
1-Year
+1%

Change in the building’s median $/sf over each window, adjusted to a floor-adjusted basis — standardized to the building’s average floor, so it reflects price rather than which floors happened to sell. (2022 marks the rate-shock inflection.) Like-for-like repeat-sale figures to follow.

The eight apartments trade individually as share transfers, and they trade regularly: distinct units have changed hands to separate, unrelated purchasers across 2005, 2011, 2012, 2015 — a year in which four different apartments transferred — and again in 2022, 2023 and 2025. That is a functioning resale market in a building with only eight shareholders, which is worth noting, because loft cooperatives of this size frequently go a decade without a trade.

Pricing separates on floor, ceiling height, condition and light rather than on layout, since the plates are close to identical north and south. SoHo loft cooperatives price per room and per square foot well below the district's condominium conversions, and the discount here reflects the ordinary co-op factors — board approval, financing limits, no staff — compounded by the JLWQA question and the small shareholder base. Buyers underwriting against condominium comparables on Crosby or Wooster should expect and demand that gap. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

The complete recorded-sale history for The Work of Art Lofts, compiled from NYC Department of Finance transfer records and verified listing data, then enriched apartment-by-apartment by The Roebling Team research desk.

Price per square foot over time

8 sales with a known square footage, by closing date.

$889$1,281$1,672'05'09'13'17'21'253N · $962/sf · 20053N · $931/sf · 20114S · $1,046/sf · 20124N · $1,469/sf · 20152S · $1,389/sf · 20152N · $1,549/sf · 20223S · $1,630/sf · 20234S · $1,567/sf · 2025
Each dot is one recorded sale with a known interior square footage, plotted by closing date against price per square foot. The line is the median $/sf each year, adjusted to a floor-standardized (average-floor) unit — so it reflects price movement, not which floors happened to sell that year. Individual sale prices in the table below are unadjusted — and you can click any dot to jump straight to that sale.

Recent closings

The building’s 10 most recent market sales.

DateUnitApartmentPrice$/sfvs. Ask
Dec 9, 20254S2 BR · 1 BA · 1,350 sf$2,115,000$1,567-7.8%
Mar 3, 20233S2 BR · 1.5 BA · 1,350 sf$2,200,000$1,630+5.0%
Jun 6, 20222N1 BR · 1 BA · 1,340 sf$2,075,000$1,549-2.4%
Oct 31, 20171N$8,000,000
Sep 2, 20153N1 BR · 1,300 sf$800,000$615
Jun 29, 20155N$2,480,333
Jun 17, 20152S2 BR · 1,350 sf$1,875,000$1,389+10.6%
May 7, 20155S$2,396,000
Mar 18, 20154N2 BR · 2 BA · 1,300 sf$1,910,000$1,469+6.4%
Jan 5, 20124S2 BR · 1,350 sf$1,412,500$1,046+0.0%

The retrade record

Lines that have changed hands more than once in the public record — the building’s appreciation arc, apartment by apartment.

4S · 1,350 sf+50%
$1,412,500 ($1,046/sf) 2012$2,115,000 ($1,567/sf) 2025
3N · 1,300 sf-3%
$1,250,000 ($962/sf) 2005$1,210,000 ($931/sf) 2011

Every recorded sale

Sort any column; filter by unit or keyword. Prices are the recorded transfer amount at the NYC Department of Finance. Every sale sits in one of three states: counted in the building’s medians and trend; shown but excluded as a non-arms-length or nominal transfer; or shown and ⚑ flagged for review — a possible duplicate filing or an extreme $/sf outlier, held out of the statistics pending manual verification rather than allowed to move them.

13 recorded sales
Apartment
Dec 9, 20254S2 BR · 1 BA1,350$2,115,000$1,567-7.8%
Mar 3, 20233S2 BR · 1.5 BA1,350$2,200,000$1,630+5.0%
Jun 6, 20222N1 BR · 1 BA1,340$2,075,000$1,549-2.4%
Oct 31, 20171N$8,000,000
Sep 2, 20153N1 BR1,300$800,000$615
Jun 29, 20155N$2,480,333
Jun 17, 20152S2 BR1,350$1,875,000$1,389+10.6%
May 7, 20155S$2,396,000
Mar 18, 20154N2 BR · 2 BA1,300$1,910,000$1,469+6.4%
Jan 5, 20124S2 BR1,350$1,412,500$1,046+0.0%
Feb 16, 20113N1 BR1,300$1,210,000$931-6.9%
Mar 1, 20061A$1,100,000
Mar 29, 20053N1 BR1,300$1,250,000$962+8.7%
Sources, exclusions and how these figures are computed

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00496-0030) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate. Storage, parking, and commercial units are excluded from all figures. Floor- and line-level $/sf are time-controlled (each sale measured against the building’s going rate at the time of sale) and expressed at today’s pricing, so they isolate the floor or line premium rather than blend two decades of market movement.

Buying or selling at The Work of Art Lofts?

Put this data to work.

Buying here

Know what’s fair before you offer — we’ll show you where each line trades, the building’s discount-to-ask pattern, and where the value sits right now.

Selling here

Price to the building’s real trajectory, not a guess — we’ll position your line against its true comps to maximize the outcome.

Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com