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Manhattan / Lower East Side / 10002

242 BROOME STREET

Recorded on the Digital Tax Map as 242 BROOME STREET CONDOMINIUM.

Boro1
Block409
Lot7502
BBL1004097502
Class RM
Residential units
55
Units in total
60
Storeys
14
Year built
2016
Last alteration on file
2015
Recorded transfers
65 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
9 Jul 2026$1,580,0007DSINGLE RESIDENTIAL CONDO UNITDEED
19 Mar 2026$2,170,0007CSINGLE RESIDENTIAL CONDO UNITDEED
1 Aug 2025$2,535,00010DSINGLE RESIDENTIAL CONDO UNITDEED
18 Jul 2025$2,250,0006CSINGLE RESIDENTIAL CONDO UNITDEED
21 Feb 2025$1,547,5005ASINGLE RESIDENTIAL CONDO UNITDEED
8 Jan 2025$24,4107ESINGLE RESIDENTIAL CONDO UNITRPTT&RET
23 Mar 2023$2,852,5009CSINGLE RESIDENTIAL CONDO UNITDEED
22 Jun 2022$1,480,0008BSINGLE RESIDENTIAL CONDO UNITDEED
1 Aug 2021$19FSINGLE RESIDENTIAL CONDO UNITDEED
3 Mar 2021$933,50014ASINGLE RESIDENTIAL CONDO UNITDEED
11 Feb 2021$2,375,00014ESINGLE RESIDENTIAL CONDO UNITDEED
15 Apr 2020$2,975,00012BSINGLE RESIDENTIAL CONDO UNITDEED
4 Feb 2020$3,955,00014BSINGLE RESIDENTIAL CONDO UNITDEED
19 Nov 2019$3,195,00011BSINGLE RESIDENTIAL CONDO UNITDEED
27 Jun 2019$6,520,000PHBSINGLE RESIDENTIAL CONDO UNITDEED
21 Jun 2019$2,817,50012CSINGLE RESIDENTIAL CONDO UNITDEED
3 Jun 2019$2,925,00014CSINGLE RESIDENTIAL CONDO UNITDEED
24 May 2019$1,665,00014DSINGLE RESIDENTIAL CONDO UNITDEED
13 May 2019$2,695,00012ESINGLE RESIDENTIAL CONDO UNITDEED
22 Apr 2019$5,650,000PHCSINGLE RESIDENTIAL CONDO UNITDEED
20 Feb 2019$1,525,00011DSINGLE RESIDENTIAL CONDO UNITDEED
15 Feb 2019$2,750,00012ASINGLE RESIDENTIAL CONDO UNITDEED
20 Dec 2018$2,400,0007CSINGLE RESIDENTIAL CONDO UNITDEED
29 Nov 2018$228,0105CSINGLE RESIDENTIAL CONDO UNITDEED
24 Oct 2018$230,7606FSINGLE RESIDENTIAL CONDO UNITDEED
19 Oct 2018$230,7606ESINGLE RESIDENTIAL CONDO UNITDEED
12 Oct 2018$230,7607GSINGLE RESIDENTIAL CONDO UNITDEED
11 Oct 2018$339,0986DSINGLE RESIDENTIAL CONDO UNITDEED
5 Oct 2018$284,3905ESINGLE RESIDENTIAL CONDO UNITDEED
5 Oct 2018$284,3905FSINGLE RESIDENTIAL CONDO UNITDEED
5 Oct 2018$230,7607FSINGLE RESIDENTIAL CONDO UNITDEED
4 Oct 2018$2,810,00010DSINGLE RESIDENTIAL CONDO UNITDEED
3 Oct 2018$5,150,000PHASINGLE RESIDENTIAL CONDO UNITDEED
28 Sep 2018$284,3907ASINGLE RESIDENTIAL CONDO UNITDEED
28 Sep 2018$284,3907BSINGLE RESIDENTIAL CONDO UNITDEED
28 Sep 2018$339,0987ESINGLE RESIDENTIAL CONDO UNITDEED
14 Sep 2018$2,900,0009CSINGLE RESIDENTIAL CONDO UNITDEED
5 Sep 2018$1,308,6568ESINGLE RESIDENTIAL CONDO UNITDEED
29 Aug 2018$3,049,6598CSINGLE RESIDENTIAL CONDO UNITDEED
13 Aug 2018$2,750,00011CSINGLE RESIDENTIAL CONDO UNITDEED
65 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20262$1,875,000$1,580,000$2,170,000
20254$1,898,750$24,410$2,535,000
20231$2,852,500--
20221$1,480,000--
20213$933,500$1$2,375,000
20202$3,465,000$2,975,000$3,955,000
20199$2,817,500$1,525,000$6,520,000
201843$1,703,228$228,010$5,150,000
02

The building on the lot

Section through the lot

LOT 21,996 SQ FT14
Drawn from PLUTO: 14 storeys, 137,000 sq ft of building on 21,996 sq ft of lot, an average floor plate covering 44% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
21,996 sq ft
Building area
137,000 sq ft
Residential area
64,668 sq ft
Commercial area
72,332 sq ft
Office area
17,759 sq ft
Retail area
32,642 sq ft
Buildings on the lot
2
Built floor area ratio
6.23
Residential FAR permitted
3.44
Zoning district
C6-1
03

Assessment

Assessed land value
$7,822,797
Assessed total value
$30,121,197
Exempt value
$23,138,367
Assessed per residential unit
$547,658

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
RM
Neighbourhood
Lower East Side
ZIP code
10002
Community district
Manhattan 3
Council district
1
Coordinates
40.718059, -73.989008

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Lower East Side

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
409 GRAND STREETD48801960621$860k
357 GRAND STREETD48661960608$890k
570 GRAND STREETD48391955563$740k
453 FDR DRIVED48331955552$728k
530 GRAND STREETD45251949398$690k
CLINTON STREETD640019720-
199 BROOME STREETRM37920211-
95 EAST HOUSTON STREETRM36120031-
133 PITT STREETD926320101-
180 BROOME STREETRM26320180-
500 GRAND STREETD42581949174$663k
207 EAST HOUSTON STREETD824320061-

Every building on file in Lower East Side