---
title: "242 LAFAYETTE Street #2N, New York City, NY 10012"
description: "242 LAFAYETTE Street #2N, New York City, NY 10012 — SoHo, New York City, NY. Listing Price $1,900,000. In contract 8/14/2026. 1 bed, 1 bath, 1,350 sqft Illustrative Buyer Commission Share of $28,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10012/242-lafayette-street-n-2N-ny-10012"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 242 LAFAYETTE Street #2N, New York City, NY 10012

SoHo, New York City, NY

Courtesy of Serhant

## At a Glance

- **Listing Price**: $1,900,000
- **Status**: In contract 8/14/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 1
- **Baths**: 1
- **Sqft**: 1,350
- **Common Charges**: $4,800 / mo
- **Price per Sqft**: $1,407
- **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**: $1,900,000
- **Illustrative Buyer Commission Share**: -$28,500*
- **Illustrative Net Cost**: $1,871,500

*Illustrative Buyer Savings of $28,500 — 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 LAFAYETTE Street #2N, New York City, NY 10012 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4716b54f-83f9-498b-ac50-50d15d525b1c.jpg)
![242 LAFAYETTE Street #2N, New York City, NY 10012 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/537ee067-edd9-4239-8bf1-737e0f646923.jpg)
![242 LAFAYETTE Street #2N, New York City, NY 10012 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fe9a36c6-1411-4a8b-98d8-a8df486b4188.jpg)
![242 LAFAYETTE Street #2N, New York City, NY 10012 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e9d07395-1d69-4b64-b920-4729e5451d1c.jpg)
![242 LAFAYETTE Street #2N, New York City, NY 10012 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/70caadbb-3d96-48b1-9212-c3699c196608.jpg)
![242 LAFAYETTE Street #2N, New York City, NY 10012 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/feb5d0fb-2906-48e4-aaca-48df4e4ea1a9.jpg)
![242 LAFAYETTE Street #2N, New York City, NY 10012 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cae8a97f-d6f2-4eba-b6c5-7fc8f5bf0cd0.jpg)
![242 LAFAYETTE Street #2N, New York City, NY 10012 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eceb094f-4605-4289-b4b2-2d601471788d.jpg)
![242 LAFAYETTE Street #2N, New York City, NY 10012 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3bc63223-3f97-4519-a021-a8f7bb1300c7.jpg)
![242 LAFAYETTE Street #2N, New York City, NY 10012 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4db58b2d-c7be-4ede-b18d-61a763737314.jpg)

## Property Overview

GUT RENOVATED SOHO LOFT complete with original pre-war details throughout!

 Upon entry into this classic SoHo loft you are greeted by oversized steel doors that transfer you into an open living / dining concept featuring soaring 12' tin ceilings, exposed brick walls, wide plank hardwood floors and Central A/C.

 The living room boasts floor-to-ceiling, soundproof casement windows that flood the entire space with natural light from its eastern exposures, creating an airy atmosphere. Enjoy classic views of SoHo looking up and down Lafayette Street.

 The open chef's kitchen features top-of-the-line stainless steel appliances including a Viking range, quartz countertops and custom cabinetry.

 The oversized primary suite is pin-drop quiet and boasts a full wall of custom California closets. The spa-like bathroom features exposed brick, quartz vanity, and a huge walk-in shower with marble and subway tiling.

 A fully vented washer / dryer completes this elegant residence.

 242 Lafayette Street is a boutique 10 unit cooperative complete with an updated lobby, virtual butterfly doorman system and elevator. Situated at the intersection of SoHo, NoHo and NoLita, you are steps away from some of downtown Manhattan's top restaurants, shopping, nightlife and more. Enjoy an amazing meal at Sant Ambroeus across the street or have a drink at the Crosby Street Hotel adjacent to the building, or grab a cookie at Levain bakery. Easily accessible transportation to multiple subway lines. Pets and Pied-e-terres are welcome.

## Property Details

- **Property Type**: Co-op
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 1,350 sqft
- **Stories**: 5
- **Year Built**: 1910
- **Price per Sqft**: $1,407
- **Common Charges**: $4,800 / Monthly
- **Listed On**: Mar 16, 2026
- **Days on Market**: 181 Days

### Residence Features

- Washer Hookup
- High Ceilings
- Storage
- Dishwasher
- City

## Sales Evidence

### Recent closed sales

3 apartments at Work of Arts Lofts have recorded sales since September 2021, the most recent for $2,115,000 in December 2025. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 4S (Apartment) | 2 | — | $2,115,000 | — | December 9, 2025 | City record · MLS |
| 3S (Apartment) | — | — | $2,200,000 | — | March 3, 2023 | City record |
| 2N (Apartment) | 1 | 1,340 | $2,075,000 | $1,549/ft² | June 6, 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

The median closed price for comparable co-op one-bedroom sales in SoHo is $1,450,000, based on 7 sales between October 2024 and June 2026. This home is asking $1,900,000, $450,000 above that median. The middle half of those sales closed between $962,500 and $1,985,000.

- **Median closed price**: $1,450,000
- **Middle half**: $962,500 – $1,985,000
- **Based on**: 7 co-op one-bedroom sales in SoHo
- **Period**: October 2024 – June 2026

Square footage is recorded for only 2 of these 7 sales (29%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

Across the 5 of these sales with a published asking price, the median closed at 96.1% of what it originally asked. 60% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from SoHo instead.

### How these sales were negotiated

- **Sold vs original ask**: 96.1% of the original ask
- **Closed below ask**: 60% of 5 sales
- **Listed → in contract**: 169 days (about 24 weeks)
- **In contract → closed**: 107 days (about 15 weeks)

Across the 5 of these sales with a published asking price, the median closed at 96.1% of what it originally asked. 60% of them closed below the original ask.

Half of these homes were in contract within 169 days (about 24 weeks) of coming to market, based on the 5 with a recorded listing date.

Once a deal was agreed, closing took a further 107 days (about 15 weeks), based on the 5 with both dates recorded. A co-op board package and its interview account for much of that.

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.

Based on 7 co-op one-bedroom sales in SoHo, October 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

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 Work of Arts Lofts](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/work-of-arts-lofts)

## Price and Property History for 242 LAFAYETTE Street, Unit 2N

Review the recorded listing activity for 242 LAFAYETTE Street, Unit 2N, including asking-price changes and prior market dates.

- **Entered contract**: August 14, 2026
- **Last sold (recorded)**: $2,075,000 on June 6, 2022

| Date | Price | Listing event |
| --- | --- | --- |
| August 14, 2026 | $1,900,000 | Entered contract |
| March 16, 2026 | $1,900,000 | Listed for sale by Serhant |
| June 6, 2022 | $2,075,000 | Sold — recorded sale price |
| November 17, 2021 | $2,125,000 | Listed for sale by Corcoran Group |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 8 apartments. The corporation’s 2026 property tax bill was $341,250 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for Work of Arts Lofts](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/work-of-arts-lofts)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### Work of Arts Lofts

SoHo · Stock Cooperative

242 LAFAYETTE Street, New York, NY 10012

A building in SoHo, currently featuring 1 active listing.

- **Year Built**: 1910
- **Total Units**: 1
- **Floors**: 5

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/work-of-arts-lofts)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [2N](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10012/242-lafayette-street-n-2N-ny-10012) | 1 | 1 | 1,350 sqft | $1,407 | $1,900,000 — In contract | Serhant | Mar 16, 2026 | 181 days |

## Estimated Monthly Payment

**$14,407 / month**, assuming a 20% down payment ($380,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $9,607
- **Common Charges**: $4,800

Estimates only. Actual payments may vary. Confirm terms with your lender.

## SoHo

Overview of SoHo

[Explore SoHo](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/soho) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby SoHo

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- [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho)
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- [Tribeca real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/tribeca)
- [Little Italy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy)
- [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho)
- [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village)
- [West Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/west-village)

## Related Links

- [Work of Arts Lofts — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/work-of-arts-lofts)
- [SoHo neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/soho)
- [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.
