--- title: "242 BROOME Street #7D, New York City, NY 10002" description: "242 BROOME Street #7D, New York City, NY 10002 — Lower East Side, New York City, NY. Last Sold Price $1,580,000. Sold on 7/9/2026. 1 bed, 2 bath, 1,003 sqft" url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/242-broome-street-d-7D-ny-10002" source: "Real Estate Rebate Team" status: "Closed" --- # 242 BROOME Street #7D, New York City, NY 10002 Lower East Side, New York City, NY Courtesy of City Sphere ## At a Glance - **Last Sold Price**: $1,580,000 - **Status**: Sold on 7/9/2026 - **Beds**: 1 - **Total Baths**: 2 - **Sqft**: 1,003 - **Common Charges**: $2,247 / mo - **Price per Sqft**: $1,575 - **Brokerage Fee**: Share Eligible This listing was successfully closed and is no longer active on the market. [Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) ## Property Overview When you know, you know. 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. 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. 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. And then it happens - you fall in love. 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. 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. 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. 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. 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. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Total Baths**: 2 - **Rooms**: 4 - **Sqft**: 1,003 sqft - **Stories**: 14 - **Year Built**: 2018 - **Price per Sqft**: $1,575 - **Common Charges**: $2,247 / Monthly - **Listed On**: Sep 25, 2025 - **Days on Market**: 357 Days ### Residence Features - In Unit - City - River ## Estimated Monthly Payment **$10,236 / month**, assuming a 20% down payment ($316,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $7,989 - **Common Charges**: $2,247 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 7 apartments at Essex Crossing have recorded sales since September 2021, the most recent for $1,580,000 in July 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 7D (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 - **Last sold price**: $1,580,000 - **Median sold price**: $1,547,500 - **Difference**: +$32,500 (+2.1%) - **Last sold, $/ft²**: $1,575 - **Median $/ft²**: $1,915 - **Comparable sales**: 3 - **Sales from**: June 2022 – July 2025 - **Middle half of those sales**: $1,513,750 – $1,898,750 Based on one-bedroom sales at Essex Crossing. ### How these sales were negotiated - **Sale-to-list price**: 92.6% (3 sales) - **Sold below asking**: 67% (3 sales) - **Typical time to find a buyer**: 235 days (3 sales) - **Typical time to close**: 60 days (3 sales) Based on one-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 July 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) ## Price and Property History for 242 BROOME Street, Unit 7D Review the recorded listing activity for 242 BROOME Street, Unit 7D, including asking-price changes and prior market dates. - **Originally listed**: September 25, 2025 at $1,735,000 - **Last sold**: $1,580,000 on July 9, 2026 | Date | Price | Listing event | | --- | --- | --- | | July 9, 2026 | $1,580,000 | Sold | | April 28, 2026 | $1,580,000 | Entered contract | | March 26, 2026 | $1,580,000 | Returned to the market | | September 25, 2025 | $1,735,000 | Listed for sale by City Sphere | | August 1, 2018 | $1,835,600 | Sold — recorded sale price | | October 26, 2016 | $1,800,000 | Entered contract | | July 28, 2016 | $1,800,000 | Listed for sale by Elliman | ## Property Tax History Taxes at 242 BROOME Street #7D were $5,890 in 2026. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $183,103 | $57,028 | $126,075 | $183,103 | $5,890 | 12.5% (estimated) | | 2025 (FY 2025/26) | $174,132 | $57,028 | $117,104 | $174,132 | $5,890 | 12.5% (estimated) | | 2024 (FY 2024/25) | $179,046 | $57,028 | $122,018 | $179,046 | $5,890 | 12.5% | | 2023 (FY 2023/24) | $178,715 | $57,028 | $121,687 | $178,715 | $5,891 | 12.502% | | 2022 (FY 2022/23) | $170,988 | $57,028 | $113,960 | $170,988 | $5,780 | 12.267% | | 2021 (FY 2021/22) | $170,685 | $57,028 | $113,657 | $170,685 | $5,765 | 12.235% | | 2020 (FY 2020/21) | $179,919 | $57,028 | $122,891 | $179,919 | $5,780 | 12.267% | | 2019 (FY 2019/20) | $166,540 | $57,028 | $109,512 | $166,208 | $20,731 | 12.473% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 1004091221. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### Essex Crossing Lower East Side · Condominium 242 BROOME Street, New York, NY 10002 A building in Lower East Side, currently featuring 0 active listings. - **Year Built**: 2018 - **Active Units**: 0 - **Floors**: 14 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/essex-crossing) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [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 | 191 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 | ## 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.