Lofts1 at 242 South 1st Street: Apartments for Sale & Rent

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Last updated on Jan 2, 2026

Lofts1,
242 South 1st Street

242 South 1st Street is a four-story building in Williamsburg, originally built as a cheesecake factory in 1911 and converted to condos in 2007. The building is near popular attractions and has convenient access to public transportation.

Recent Sales (2) $1,033 Avg. price/ft²
All Units in Building (23)

Apt. 2E

1 bed

1 bath

664 ft²

$870,000

$1,310

Sep 11, 2025

Apt. 1C

2 beds

2 baths

1,417 ft²

$1,070,000 -5.6%

$755

$1,133,000

Feb 16, 2022

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Overview of Lofts1 at 242 South 1st Street

The fourt-story 242 South 1st Street was constructed as a cheesecake factory in 1911, and converted to boutique condominium LOFTS1 in 2007. The building is located in the heart of Williamsburg near Domino Park and the dining and nightlife of Havemeyer Street, Grand Street, and Metropolitan Avenue. Transportation options include the Bedford Avenue L and the Marcy Avenue J, M, and Z trains.

Doorman

None

Type

Condo

Year Built

1911

Converted: 2007

Apartments

23 (view all units)

Floors

Neighborhood

Williamsburg (Brooklyn)

Min Down

20%

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Amenities

Pre War
Video Intercom
Elevator

Area Map StreetView

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at Havemeyer and Broadway 0.27 miles

at Union Ave and Metropolitan Ave 0.33 miles

Sales History

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Alternate Address

242 s 1st st

The Elisa

between Seventh Avenue & Eighth Avenue

Chelsea

An inimitable lifestyle cultivated by Isay Weinfeld. European elegance at the intersection of the West Village, Meatpacking, & Chelsea. Premium location | 1H 2024 occupancy

3 beds starting at $5,750,000
4 beds starting at $11,900,000

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RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

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An equal housing opportunity

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Lofts1,242 South 1st Street

Overview of Lofts1 at 242 South 1st Street

Maps &3D Aerial Views

Amenities

Sales History

Sales Summary

Sales History by Apartment Size

Pricing Comparison of Similar Buildings

Editorial Coverage

Alternate Address

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Lofts1,
242 South 1st Street

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