New York  »  Manhattan  »  10012  »  SoHo

242 Lafayette Street, New York, NY 10012

SoHo, Downtown Manhattan, Manhattan
Building in SoHo
5 Stories
8 Units
Built in 1882
242 Lafayette St - Photo 1
242 Lafayette St, Apt 3N
SoHo, Downtown Manhattan, Manhattan
$7,500
|
1 Bed
|
1 Bath
By Troy Gordon
Welcome to 242 Lafayette Street, a building located in SoHo, Downtown Manhattan, Manhattan in New York, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1882. From what we gather, there are a total 8 residential units. According to local assessors, the total value of the building is currently valued at $2,225,250. Specifically, the value of the land that the property sits on has been assessed at $337,500.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. The code designated for the basement in this building was 2 which stands for: "". The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Elevator
Facts
General
Year Built
1882
First Altered Year
1986
Building Count
1
Floor Count
5
Total Unit Count
10
Residential Unit Count
8
Basement Type
2
Unit Count
Building Floor Area
Residential Building Floor Area
11,969
Commercial Building Floor Area
2,992
Retail Building Floor Area
2,992
Floor Area Ratios
Building Area Source
2
Building
Building Type
D0
Lot Type
5
Land Use
03
Irregular Lot Code
Y
Proximity Code
2
Extension Code
N
Sanborn Map Number
101N075
Ownership
Current Owner's Name
WORK OF ART LOFT CORP
Neighborhood
Census Block
3003
Community District
102
City Council District
1
Historic District Name
SoHo-Cast Iron Historic District Extension
Police Precinct
5
Fire Company
L020
Health Area
6800
Sanitation District Borough
1
Sanitation Subsection
1G
School District
02
Census Block Code
3003
Census Group
3
Census Year
2021
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
36061
Census - Full FIPS
360610043003003
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3651000
Census Source
US Census Bureau
Census State FIPS
36
Census Tract 2010
0043
Census Tract Code
004300
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3620580
School District - Unified - Name
New York City Department Of Education
Zoning
Split Boundary Zone Indicator
N
Zoning
M1-5B
Zoning Map Number
12c
Geography
Borough Name
MN
Borough Code
1
Block
496
Lot
30
Borough Block Lot
1004960030
X Coordinates
985039
Y Coordinates
202637
Valuation
Pluto Map ID
1
More About The Building
To break it down, the depth of the building was measured at 56 square feet and the front is listed as 56 square feet. In comparison, the lot area is listed as 3,375 square feet. The depth of the property lot was measured at 66 square feet and the front at 56 square feet. The building itself has 14,961 square footage of total floor area. Out of that, 11,969 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 242 Lafayette Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the SoHo area have a median price of $9,500. Those in the 25th percentile, have a price around $5,271. While those in the 75th percentile, have a price around $15,075. Typically, the buildings in this area have a median sqft of 1,681. That means that the median price per sqft is around $9. In other words, the price per sqft for buildings in the 25th percentile is $8. While the price per sqft for buildings in the 75th percentile is $12. As a breakdown, we've included the following stats:

  • There are currently a total of 10 studio listings. The median price for these types of listings is $4,348. That's $7.98 price per sqft.

  • There are currently a total of 50 one bedroom listings. The median price for these types of listings is $6,348. That's $8.11 price per sqft.

  • There are currently a total of 51 two bedroom listings. The median price for these types of listings is $12,995. That's $9.34 price per sqft.

  • There are currently a total of 34 three bedroom listings. The median price for these types of listings is $12,500. That's $11.63 price per sqft.

  • There are currently a total of 11 four bedroom listings. The median price for these types of listings is $35,000. That's $8.48 price per sqft.
About The Area
242 Lafayette Street is located in 10013. There are 28,211 people living here. There are 11,934 households. Most of these households have an average family size of 3.02 people. According to the census, 72% are currently renting while 28% own their homes. The median age of this population is around 36.9 years old. On average, most folks in the zipcode are unmarried. About 38% of folks speak a language other than English in this area. The area's employment rate is currently around 64.3%. Speaking of employment, the median income is $104,167. Most folks will commute by public transportation for around 26.8 minutes. Finally, we know that 10% of residents in the area have graduated with their high school degree. Additionally, 36% and 27% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. New York County, New York has a population of 1,634,989 people. Based on census records, there are 753,385 registered households. Families in this area are on average made up of 3.09 people per household. Most folks are unmarried. They are also typically around 36.7 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 77% rent while 23% purchased their homes. Right now, the community is made up of 13% of residents who have graduated with at least a high school degree. On top of that, 32% have a Bachelor's degree and 29% have a Master's degree. The employment rate is currently around 62.9%. Those employed, have a median income of $75,513. If you move here, you can expect to commute mostly by public transportation for around 31.4 minutes.

Finally, let's take a look at the stats related to New York - Newark, NY - NJ - CT Urban Area. The urban area is home to 18,812,161 people. A total of 6,707,347 households are registered here. With average family sizes being listed at 3.42 people. About 25% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 16% have their Master's degree. Folks speaking a language other than English, make up about 40% of the population. Speaking of your commute, 59.7% of people in this area are employed. The recorded median income is currently at $68,319 per year. The median population age has been listed at 37.8 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 50% of the population while homeowners are at about 50% of the population.
$4,348
Studio Median Rent
$6,348
1BR Median Rent
$12,995
2BR Median Rent
$12,500
3BR Median Rent
PUBLIC TRANSIT
4
6
6X
Spring St (Under 500 ft - 3 min walk)
MTA New York City Transit
N
Q
R
W
Prince St (570 ft - 3 min walk)
MTA New York City Transit
B
D
F
FX
M
Broadway-Lafayette St (930 ft - 4 min walk)
MTA New York City Transit
J
Z
Bowery (0.24 mi - 6 min walk)
MTA New York City Transit
4
6
6X
Bleecker St (0.25 mi - 6 min walk)
MTA New York City Transit

Nearby Schools

(within attendance boundary)
PS 130 HERNANDO DE SOTO  •  0.29 mi
143 Baxter St, New York, NY 10013
Public  •  Elementary  •  Grades PK to 5
New York City Geographic District # 2
MS 131  •  0.48 mi
100 Hester St, New York, NY 10002
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District # 2
CLINTON SCHOOL (THE)  •  0.96 mi
10 E 15th St, New York, NY 10003
Public  •  High School  •  Grades 6 to 12
New York City Geographic District # 2
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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