Back to Lofts1 building profile
242 South 1st Street (Lofts1)Recorded sales & closing prices
242 South 1st Street, Brooklyn, NY 11211
55 recorded closings, 2007–2026. Sortable and searchable below.
- Recorded closings
- 55
- Date range
- 2007–2026
- Median $/sf
- $1,058
- Listing discount
- 1.7%
- Monthly carry/sf
- $1.40
- Price range
- $365K – $1.5M
Change in the building’s median $/sf over each window, on a floor-adjusted basis — standardized to the building’s average floor, so it reflects price rather than which floors happened to sell. This is a different method from The Roebling Index, which publishes plain medians and applies no floor adjustment; the two are not interchangeable. Floor adjustment standardizes for floor only. It does not control for condition, size, exposure, renovation or the mix of what happened to trade. (2022 marks the rate-shock inflection.) Like-for-like repeat-sale figures to follow.
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. 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, with apartment-by-apartment detail from The Roebling Research Library. Across sales with a public asking price, the building carries a median listing discount of 1.7% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy here.
Price per square foot over time
54 sales with a known square footage, by closing date.
Premium by line
Time-adjusted price per square foot by line, against the recent median. Line groups are not floor-controlled and do not isolate the value of light, outlook, layout or condition.
Recent closings
The building’s 10 most recent market sales.
| Date | Unit | Apartment | Price | $/sf | vs. Ask |
|---|---|---|---|---|---|
| Sep 14, 2026 | 1D | 1 BR · 2 BA · 1,074 sf | $1,100,000 | $1,024 | — |
| Sep 4, 2026 | 4C | 2 BR · 2 BA · 1,173 sf | $1,315,000 | $1,121 | — |
| Aug 18, 2026 | 4D | 2 BR · 2 BA · 1,158 sf | $1,225,000 | $1,058 | -1.9% |
| Sep 11, 2025 | 2E | 1 BR · 664 sf | $870,000 | $1,310 | -1.7% |
| Jun 17, 2022 | 2B | 1 BA · 587 sf | $650,000 | $1,107 | +0.0% |
| Mar 16, 2022 | 2E | 1 BR · 1 BA · 664 sf | $788,000 | $1,187 | +5.1% |
| Feb 16, 2022 | 1C | 2 BR · 2 BA · 1,417 sf | $1,070,000 | $755 | -5.6% |
| Sep 17, 2021 | PH4E | 2 BR · 2.5 BA · 1,447 sf | $1,495,000 | $1,033 | -5.7% |
| May 27, 2021 | 2C | 1 BA · 591 sf | $610,000 | $1,032 | +1.8% |
| May 19, 2021 | PH4F | 2 BR · 2 BA · 1,200 sf | $1,360,000 | $1,133 | -2.5% |
The retrade record
Lines that have changed hands more than once in the public record — the building’s appreciation arc, apartment by apartment.
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.
| Apartment | ||||||
|---|---|---|---|---|---|---|
| Sep 14, 2026 | 1D | 1 BR · 2 BA | 1,074 | $1,100,000 | $1,024 | — |
| Sep 4, 2026 | 4C | 2 BR · 2 BA | 1,173 | $1,315,000 | $1,121 | — |
| Aug 18, 2026 | 4D | 2 BR · 2 BA | 1,158 | $1,225,000 | $1,058 | -1.9% |
| Sep 11, 2025 | 2E | 1 BR | 664 | $870,000 | $1,310 | -1.7% |
| Jun 17, 2022 | 2B | 1 BA | 587 | $650,000 | $1,107 | +0.0% |
| Mar 16, 2022 | 2E | 1 BR · 1 BA | 664 | $788,000 | $1,187 | +5.1% |
| Feb 16, 2022 | 1C | 2 BR · 2 BA | 1,417 | $1,070,000 | $755 | -5.6% |
| Sep 17, 2021 | PH4E | 2 BR · 2.5 BA | 1,447 | $1,495,000 | $1,033 | -5.7% |
| May 27, 2021 | 2C | 1 BA | 591 | $610,000 | $1,032 | +1.8% |
| May 19, 2021 | PH4F | 2 BR · 2 BA | 1,200 | $1,360,000 | $1,133 | -2.5% |
| Mar 11, 2020 | 1F | 1 BR | 1,232 | $940,000 | $763 | — |
| Jul 24, 2019 | 2D | 1 BA | 579 | $599,000 | $1,035 | -5.7% |
| Jul 9, 2018 | 2A | 563 | $540,000 | $959 | -6.7% | |
| Aug 7, 2017 | PH4F | 2 BR · 2 BA | 1,200 | $1,200,000 | $1,000 | -7.3% |
| Mar 30, 2017 | 3D | 1 BR | 579 | $627,500 | $1,084 | -3.5% |
| Feb 24, 2017 | 3A | 1 BA | 564 | $570,000 | $1,011 | -4.2% |
| Oct 8, 2016 | 4B | 2 BR · 2 BA | 1,200 | $1,200,000 | $1,000 | +0.0% |
| Mar 7, 2016 | 2F | 1 BA | 616 | $650,000 | $1,055 | +0.0% |
| Jun 26, 2015 | 4F | 1 BR · 1 BA | 1,198 | $1,050,000 | $876 | +5.5% |
| May 18, 2015 | 4C | 1 BR | 1,173 | $1,045,000 | $891 | — |
| Jan 15, 2015 | 4E | 2 BR · 2.5 BA | 1,447 | $1,050,000 | $726 | +5.5% |
| Aug 22, 2014 | 4A | 1 BR | 1,212 | $1,025,000 | $846 | -10.9% |
| Jul 11, 2014 | 1B | 1,285 | $700,000 | $545 | -6.5% | |
| May 13, 2014 | 1F | 1 BR | 1,246 | $755,000 | $606 | -11.1% |
| Nov 15, 2013 | 2A | 563 | $400,000 | $710 | — | |
| Feb 20, 2013 | 1E | 1 BRoutside the market statistics (eligibility screen) | — | $768,000 | — | -6.9% |
| Dec 3, 2012 | 2E | 1 BR | 664 | $566,250 | $853 | +3.1% |
| Jun 25, 2012 | 3C | 591 | $385,000 | $651 | -3.5% | |
| Dec 14, 2011 | 1F | 1 BR | 1,232 | $484,472 | $393 | — |
| Nov 24, 2009 | 1E | 1 BR | 1,432 | $655,000 | $457 | +1.6% |
| Nov 24, 2009 | 2F | 616 | $449,000 | $729 | — | |
| Nov 24, 2009 | 4C | 1 BR | 1,173 | $615,000 | $524 | — |
| Nov 24, 2009 | 1B | 1,285 | $559,000 | $435 | +0.0% | |
| Jun 25, 2009 | 2A | 566 | $367,500 | $649 | -7.9% | |
| Sep 18, 2008 | 2C | 591 | $365,040 | $618 | +1.4% | |
| Jun 30, 2008 | 3C | 591 | $396,975 | $672 | +10.3% | |
| May 6, 2008 | 3B | 588 | $436,020 | $742 | +0.2% | |
| Apr 16, 2008 | 1B | 1,301 | $569,201 | $438 | — | |
| Mar 28, 2008 | 1E | 1 BR | 1,432 | $656,771 | $459 | +0.3% |
| Jan 3, 2008 | 4E | 1 BR | 1,447 | $753,505 | $521 | +8.4% |
| Nov 16, 2007 | 2A | 563 | $374,166 | $665 | — | |
| Nov 15, 2007 | 2F | 616 | $451,230 | $733 | — | |
| Nov 14, 2007 | 2D | 1 BA | 578 | $430,950 | $746 | — |
| Nov 14, 2007 | 4C | 1 BR | 1,173 | $646,588 | $551 | — |
| Nov 9, 2007 | 2B | 587 | $425,880 | $726 | -3.2% | |
| Nov 5, 2007 | 4B | 2 BR · 2 BA | 1,200 | $674,888 | $562 | — |
| Oct 26, 2007 | 1C | 1 BR | 1,417 | $672,045 | $474 | +0.3% |
| Oct 25, 2007 | 3F | 616 | $461,370 | $749 | — | |
| Oct 19, 2007 | 3D | 579 | $418,782 | $723 | -5.9% | |
| Oct 19, 2007 | 3A | 563 | $438,865 | $780 | — | |
| Oct 18, 2007 | 4D | 1,233 | $672,045 | $545 | +4.2% | |
| Oct 17, 2007 | 1D | 1 BR · 2 BA | 1,074 | $534,581 | $498 | — |
| Oct 12, 2007 | 2E | 1 BR | 663 | $441,090 | $665 | — |
| Oct 10, 2007 | 3E | 663 | $466,440 | $704 | — | |
| Oct 9, 2007 | 4F | 1 BR · 1 BA | 1,204 | $595,676 | $495 | — |
Sources, exclusions and how these figures are computed
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-02408-7503; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans. 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.
Put this data to work.
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.
Price to the building’s real trajectory, not a guess — we’ll position your line against its true comps to maximize the outcome.
646.939.7375 · c.cohen@compass.com