The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$1,150,000
242 S 1st St
Brooklyn, NY, 11211
View more Brooklyn, NY property pages1Beds
2Baths
1,074Sqft
$1071$/sqft
Market Insights
Below nearby median-27%
$1071/sqft vs a nearby median of $1475/sqft.
Nearby median$1475/sqft
Nearby properties8
Property size1,074 sqft
- -27% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,074 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.66M$1.53M – $1.80M · 59% confidence
vs ask $1.15M−$513k (−44.6%)
Asking price is about 44.6% below the fair value — likely to draw competing offers if it's still on market.
$1,475/sqft median across 6 tight comps × 1,074 sqft= $1.58M
- Transit access+$40k +2.5%
- Pre-war character+$40k +2.5%
Cumulative NYC adjustments+$79k+5.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Listing Details
- Days on market
- 48 days
- Last price change
- No change recorded
- Listed
- Mar 25, 2026
- Photos
- 22 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 1911
- Stories
- 4
- Total units
- 30
- Residential units
- 23
- Building area
- 20,944 sqft
- Lot size
- 4,840 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- R2
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,150,000for sale
Public Records
DOB violations3 open
30 total recorded against the building
HPD violations0 open
5 total recorded
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)32,248
Top: illegal parking
Top complaint types in ZIP 11211
- Illegal Parking3,719
- Noise - Residential3,254
- Noise - Street/Sidewalk2,325
- Noise - Commercial2,237
- HEAT/HOT WATER2,012
Recent DOB
- Oct 4, 2014V-DOB VIOLATION - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL
- Oct 3, 2014V-DOB VIOLATION - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL
- Oct 18, 2007VW*-VIOLATION - WORK W/O PERMIT DISMISSED · E-ELEVATOR ELEVATORREQUIRED
- Apr 2, 2007V*-DOB VIOLATION - DISMISSED · LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL
Recent HPD
- Apr 17, 2024Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 20, 2023Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Mar 31, 2023Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 7, 2022Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.