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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. ©2025 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.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10002
  6. 242 BROOME Street #7D
Property thumbnail
1 / 22
Condominium•Lower East Side

242 BROOME Street #7D, New York City, NY 10002

Listing Courtesy of City Sphere

$1,735,000

Potential Rebate: $26,025

Condominium
1 Bed
2 Baths
4 Rooms
1,003 sqft
Built 2017
15 Stories
1,730/ft²
Listed on Sep 25, 2025
113 days on market
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Overview

<p>&nbsp;</p> <p> When you know, you know. </p> <p> From the very first moment you step inside Residence 7D at 242 Broome Street, it's clear this is more than just a one-bedroom - it's a statement of space, light, and style in the vibrant heart of Manhattan's Lower East Side.</p> <p> The building itself, designed by the acclaimed SHoP Architects, greets you with its champagne-hued facade that shimmers and shifts with the sun. It feels at once grounded in the neighborhood's historic character and confidently modern - a perfect reflection of downtown living.</p> <p> As you walk through the door, an impressive foyer sets the tone. Generous in scale, refined in detail, it invites you in with a walk-in closet and a chic powder room - an elegant welcome that makes entertaining effortless.</p> <p> And then it happens - you fall in love.</p> <p> The expansive living and dining room glows with northern and western light. Ten-foot ceilings lift the space, while wide-plank oak floors stretch gracefully underfoot. At its heart, the chef's kitchen doesn't just perform - it captivates: custom grey walnut cabinetry, polished Calacatta marble, and Gaggenau appliances that promise both beauty and precision. Gather at the marble island with friends and feel how naturally this home becomes the setting for connection.</p> <p> The primary suite is its own private retreat. Thoughtful custom storage lines the space, while the en suite bathroom feels like a spa: radiant Alanur marble floors, Danby marble counters, a walnut vanity, and polished Duravit fixtures. Every detail whispers calm, every finish invites pause.</p> <p> Life at 242 Broome is layered with luxuries. A 24-hour doorman, concierge, and on-site manager provide seamless service. The industrial-chic fitness center, entertainment lounge with catering kitchen and billiards, and rooftop terrace with cinematic skyline views turn everyday living into something extraordinary. Picture summer evenings dining under the open sky - unforgettable and entirely yours.</p> <p> And just outside, the Lower East Side hums with energy. Essex Market, the International Center for Photography, and the creative buzz of Dimes Square are steps from your door. Adding to its value, a 421-a tax abatement remains in place until 2039.</p> Residence 7D is where design, lifestyle, and location align. It isn't just modern downtown living - it's the moment you realize you've found the one. <p>&nbsp;</p>

Home Features

  • •In Unit
  • •City
  • •River

Estimated Monthly Payment

$10,820 per month

30 year fixed, 6.28% Interest

Principal and Interest
$8,573
Property Taxes
$0
Maintenance/Common Charges
$2,247

Estimated Rebate for this Home

One-time rebate at closing

$26,025

Monthly savings impact

$72/mo

Effective Purchase Price

$1,708,975

(Home Price - Estimated Rebate)

💡 Estimated rebate from our commission

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).

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.

The Real Estate Rebate Team

Listing Courtesy of City Sphere

Data Source: TRESTLE #RLS20050998

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Why Buy With Us

Rebates Up To

2.5%

25+ Years

Experience

REBNY & NAR

Member

Verified

Listings

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.

The Real Estate Rebate Team

Listing Courtesy of City Sphere

Data Source: TRESTLE #RLS20050998

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Price Analysis

Compare average listing prices and value metrics for Essex Crossing against the surrounding Lower East Side market.

Based on 3 active units in building vs 100 in area

Average List Price

Building$2.3M
Neighborhood$1.6M

Price Per SqFt

Building Avg$1,822/ft²
Neighborhood Avg$1,363/ft²
Premium Market

33.69% Higher

than the Lower East Side price-per-sq-ft average

This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Lower East Side.

Lower East Side

Overview of Lower East Side

Lower East Side (LES) is a historic neighborhood in Manhattan, New York. Once the center of immigrant life in the city, it is now a trendy, vibrant area known for its nightlife, live music venues, and cutting-edge art galleries. It retains its gritty charm while offering some of the city's best dining and entertainment.
Lower East Side GuideAll Neighborhoods
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