--- title: "242 Broome Street #5D, New York City, NY 10002" description: "242 Broome Street #5D, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $2,500,000. 2 bed, 3 bath, 1,450 sqft Illustrative Buyer Commission Share of $37,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/242-broome-street-5d-ny-10002" source: "Real Estate Rebate Team" dateModified: "2026-09-27T08:51:37.494Z" status: "Active" --- # 242 Broome Street #5D, New York City, NY 10002 Lower East Side, New York City, NY Courtesy of Compass Last updated: September 27, 2026, 4:51 AM ## At a Glance - **Listing Price**: $2,500,000 - **Beds**: 2 - **Total Baths**: 3 - **Sqft**: 1,450 - **Common Charges**: $3,471 / mo - **Monthly Taxes**: $699 / mo - **Price per Sqft**: $1,724 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $2,500,000 - **Illustrative Buyer Commission Share**: -$37,500* - **Illustrative Net Cost**: $2,462,500 *Illustrative Buyer Savings of $37,500 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![242 Broome Street #5D, New York City, NY 10002 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/323e0a6c-b840-4a04-b22d-6c8cd8d9c9dc.png) ![242 Broome Street #5D, New York City, NY 10002 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/526d3ee7-f648-4b41-8e00-737e6b94397a.jpg) ![242 Broome Street #5D, New York City, NY 10002 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f6dad5d2-3e2f-4205-a715-c40673df5a81.png) ![242 Broome Street #5D, New York City, NY 10002 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ad6f5dca-af63-41eb-96f5-ef24622e4919.png) ![242 Broome Street #5D, New York City, NY 10002 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/05659118-53f9-4dcb-b3ac-b7d987e36df6.png) ![242 Broome Street #5D, New York City, NY 10002 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0ad868b6-b006-46f0-b998-48931de6348d.png) ![242 Broome Street #5D, New York City, NY 10002 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/97bd9636-4a49-476c-96c2-2b32890d92c1.png) ![242 Broome Street #5D, New York City, NY 10002 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e3387e25-d485-49c6-8f1a-81158666b884.png) ![242 Broome Street #5D, New York City, NY 10002 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ab58f1b0-0256-4195-9165-021e749d9796.png) ![242 Broome Street #5D, New York City, NY 10002 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/69b8998c-0d95-4c82-b75a-3298eb7069e5.png) ## Property Overview Set in the heart of the Lower East Side, 242 Broome offers contemporary downtown living within one of Manhattan’s most dynamic and historic neighborhoods. Designed by acclaimed SHoP Architects, the building is distinguished by its champagne-toned façade, which subtly mirrors the surrounding streetscape while bringing a distinctly modern presence to the neighborhood. Inside, DXA Studio pairs marble, blackened steel, and rich wood finishes to create sophisticated interiors that feel both elevated and inviting. Benefits from a 421-a tax abatement running through 2038. Spanning 1,450 square feet, this beautifully appointed two-bedroom, two-and-a-half-bath residence features 9-foot ceilings and 7-inch-wide white oak flooring throughout. South and west exposures bring natural light into the expansive open living and dining area, offering plenty of flexibility for both everyday living and entertaining. The open kitchen is finished with warm walnut cabinetry, polished Calacatta marble countertops and backsplash, and a generous island. A suite of fully integrated Gaggenau appliances includes a 36-inch five-burner gas cooktop, oven, separate speed oven, refrigerator, freezer, garbage disposal, and wine refrigerator. The primary bedroom features Lutron dimmers, two generous fully outfitted closets, and a beautifully finished en-suite bathroom with radiant heated floors. Alanur honed marble, Imperial Danby countertops, a custom walnut vanity, Duravit fixtures, and a spacious shower with thermostatic and volume controls create a serene, spa-like setting. The second bedroom also includes its own en-suite marble bathroom with a bathtub. Additional conveniences include a walk-in closet off the entry, providing excellent storage throughout the residence. An elegant powder room features honed marble flooring, a floor-to-ceiling mirror, and a Corian vanity and sink. Electric shades have been installed throughout. An in-unit washer and dryer completes the home. Residents of 242 Broome enjoy a thoughtfully curated collection of amenities, including a 24-hour doorman and concierge, on-site building manager, fitness center with changing areas, resident entertainment lounge with kitchen, children's playroom, flexible recreation space and billiards, and a landscaped rooftop terrace with outdoor dining. Beyond the residence, the Lower East Side continues to cement its place as one of New York City’s most exciting cultural destinations. Nearby Orchard Street has been recognized as one of the "coolest streets in the world", with its eight blocks offering an eclectic mix of independent shops, sought-after dining destinations, galleries, nightlife, and the neighborhood’s characteristic low-rise brick architecture. The area is home to the International Center of Photography (ICP), a leading institution dedicated to photography and visual culture, further adding to the neighborhood's dynamic arts and cultural landscape. With striking architecture, refined interiors, custom storage, and a location surrounded by the culture, dining, and creative energy of the Lower East Side, this residence offers a sophisticated take on modern downtown living. Just steps from Trader Joes. *Private Storage Unit Included with the residence (5' × 5') ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Total Baths**: 3 - **Rooms**: 4 - **Sqft**: 1,450 sqft - **Stories**: 14 - **Year Built**: 2018 - **Price per Sqft**: $1,724 - **Common Charges**: $3,471 / Monthly - **Monthly Taxes**: $699 / mo - **Listed On**: Sep 24, 2026 - **Days on Market**: 4 Days ### Residence Features - Central Air - Central - In Unit - See Remarks - Building Roof Deck - Chandelier - Double Vanity - Entrance Foyer - High Ceilings - Soaking Tub - Walk-In Closet(s) - Cooktop - Dryer - Dishwasher - Electric Oven - Freezer - Gas Cooktop - Refrigerator - Stainless Steel Appliance(s) - Wine Cooler - Washer - Hardwood - Skyline ### Building Amenities - Clubhouse ## Estimated Monthly Payment **$16,811 / month**, assuming a 20% down payment ($500,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $12,641 - **Property Taxes**: $699 - **Common Charges**: $3,471 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 8 apartments at Essex Crossing have recorded sales since September 2021, the most recent for $1,275,000 in September 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [14D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/242-broome-street-d-14D-ny-10002) (Apartment) | 1 | 763 | $1,275,000 | $1,671/ft² | September 11, 2026 | MLS | | [7D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/242-broome-street-d-7D-ny-10002) (Apartment) | 1 | 1,003 | $1,580,000 | $1,575/ft² | July 9, 2026 | MLS | | 7C (Apartment) | 2 | 1,376 | $2,170,000 | $1,577/ft² | March 19, 2026 | City record · MLS | | 10D (Apartment) | 2 | 1,287 | $2,535,000 | $1,970/ft² | August 1, 2025 | City record · MLS | | 6-C (Apartment) | 1 | 1,005 | $2,250,000 | $2,239/ft² | July 18, 2025 | City record · MLS | | 5A (Apartment) | 1 | 1,179 | $1,547,500 | $1,313/ft² | February 21, 2025 | City record · MLS | | 9C (Apartment) | 2 | 1,522 | $2,852,500 | $1,874/ft² | March 23, 2023 | City record · MLS | | 8B (Apartment) | 1 | 773 | $1,480,000 | $1,915/ft² | June 22, 2022 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $2,500,000 - **Median sold price**: $2,535,000 - **Difference**: -$35,000 (-1.4%) - **This home, $/ft²**: $1,724 - **Median $/ft²**: $1,874 - **Comparable sales**: 3 - **Sales from**: March 2023 – March 2026 - **Middle half of those sales**: $2,352,500 – $2,693,750 Based on two-bedroom sales at Essex Crossing. ### How these sales were negotiated - **Sale-to-list price**: 89.3% (3 sales) - **Sold below asking**: 100% (3 sales) - **Typical time to find a buyer**: 132 days (3 sales) - **Typical time to close**: 51 days (3 sales) Based on two-bedroom sales at Essex Crossing with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median price per square foot, sales at Essex Crossing | Year | Median $/ft² | Sales | | --- | --- | --- | | 2018 | $1,813/ft² | 38 | | 2019 | $2,198/ft² | 9 | | 2025 | $1,970/ft² | 3 (thin) | Based on recorded sales at Essex Crossing. Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. Sales data through September 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at Essex Crossing](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/essex-crossing) ## About The Building ### Essex Crossing Lower East Side · Condominium 242 BROOME Street, New York, NY 10002 A building in Lower East Side, currently featuring 2 active listings. - **Year Built**: 2018 - **Active Units**: 2 - **Floors**: 14 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/essex-crossing) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/242-broome-street-5d-ny-10002) | 2 | 3 | 1,450 sqft | $1,724 | $2,500,000 | Compass | Sep 24, 2026 | 3 days | | [11A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/242-broome-street-11a-ny-10002) | 2 | 2 | 1,373 sqft | $1,712 | $2,350,000 | Serhant | Sep 23, 2026 | 4 days | | [8A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/242-broome-street-a-8A-ny-10002) | 1 | 2 | 1,000 sqft | $1,599 | $1,599,000 — In contract | Coldwell Banker Warburg | Mar 9, 2026 | 202 days | ### Recently Sold (2) | Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [7D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/242-broome-street-d-7D-ny-10002) | 1 | 2 | 1,003 sqft | $1,575 | $1,580,000 | City Sphere | Sep 25, 2025 | Jul 9, 2026 | | [14D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/242-broome-street-d-14D-ny-10002) | 1 | 1 | 763 sqft | $1,671 | $1,275,000 | Brown Harris Stevens Residential Sales LLC | May 8, 2026 | Sep 11, 2026 | ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## Lower East Side Overview of Lower East Side [Explore Lower East Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Lower East Side - [Chinatown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chinatown) - [Little Italy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy) - [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita) - [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village) - [Two Bridges real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/two-bridges) - [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho) ## Related Links - [Essex Crossing — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/essex-crossing) - [Lower East Side neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.