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Buildings·Lofts1·Sold prices

242 South 1st Street (Lofts1)Recorded sales & closing prices

242 South 1st Street, Brooklyn, NY 11211

21 recorded closings, 2007–2026. Sortable and searchable below.

Recorded closings
21
Date range
2007–2026
Price range
$540K – $1.5M

Lofts1 trades as Southside loft-conversion product, priced in dollars per square foot, and the spread inside the building is wide because the unit types are so different. The compact second- and third-floor lofts trade against Williamsburg's studio and one-bedroom resale market. The fourth-floor mezzanine units, especially those sold with a roof terrace, trade against larger lofts and penthouse-style units nearby. The ground-floor units price on their cellar space, which buyers weigh very differently from above-grade space. For all of them, the running capital assessment belongs in the comparison. Index market statements to 2025, the last complete year. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

The complete recorded-sale history for Lofts1, compiled from NYC Department of Finance transfer records and verified listing data, then enriched apartment-by-apartment by The Roebling Team research desk.

Recent closings

The building’s 10 most recent market sales.

DateUnitApartmentPrice
Aug 31, 20264D$1,225,000
Sep 24, 20252E$870,000
Jun 30, 20222B$650,000
Apr 20, 20222E$788,000
Feb 24, 20221C$1,070,000
Oct 19, 20214E$1,495,000
Jun 7, 20212C$610,000
Jul 14, 20214F$1,360,000
Apr 22, 20201F$940,000
Aug 15, 20192D$599,000

The retrade record

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

4F+30%
$1,050,000 2015 → $1,200,000 2017 → $1,360,000 2021
1F+25%
$755,000 2014 → $940,000 2020
2E+10%
$788,000 2022 → $870,000 2025

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.

21 recorded sales
Apartment
Aug 31, 20264D$1,225,000
Sep 24, 20252E$870,000
Jun 30, 20222B$650,000
Apr 20, 20222E$788,000
Feb 24, 20221C$1,070,000
Oct 19, 20214E$1,495,000
Jun 7, 20212C$610,000
Jul 14, 20214F$1,360,000
Apr 22, 20201F$940,000
Aug 15, 20192D$599,000
Jul 25, 20182A$540,000
Aug 17, 20174F$1,200,000
Apr 5, 20173D$627,500
Mar 3, 2017RT6$570,000
Oct 4, 2016RT1$1,128,000
Apr 4, 20162F$650,000
Jul 10, 20154F$1,050,000
Jun 22, 20154C$1,045,000
Jul 24, 20141B$700,000
May 23, 20141F$755,000
Dec 18, 2007RT5$646,588.75
Sources, exclusions and how these figures are computed

Sales sourced from NYC Department of Finance recorded transfers (BBL 3-02408-7503) 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. 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 Lofts1?

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