| Building name | Work of Arts Lofts |
| Primary address | Work of Arts Lofts - 242 Lafayette Street |
| Secondary address | 242-244 Lafayette St |
| Neighborhood | SoHo |
| Zip code | 10012 |
| Borough | Manhattan |
| Block & lot | 00496-0030 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Lot sq. ft. | 3,375 |
| Lot dimensions | |
| Property type | Elevator Co-op Building Conversion From Loft/Warehouse (XD0)
|
| Building sqft | 14,961 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 5 |
| Year built | 1910 |
| Year last altered | 1986 |
| School district | 2 |
| Community district | 2 |
| Closest police station | 0.45 Miles |
| Closest fire station | 0.02 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
Work of Arts Lofts - 242 Lafayette Street, New York, NY 10012 was built in 1910 and has a total of 14,961 square feet.
What is the assessed value of Work of Arts Lofts - 242 Lafayette Street, New York, NY 10012 and the property tax paid?Assessed at $3,465,450, the tax amount paid for Work of Arts Lofts - 242 Lafayette Street, New York, NY 10012 is $339,584.
When was Work of Arts Lofts - 242 Lafayette Street, New York, NY 10012 last sold?Work of Arts Lofts - 242 Lafayette Street, New York, NY 10012 was last sold in 12/30/1977.
How many residential units does this building have?This building has 8 residential unit(s) and 2 commercial spaces. There are 3 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Lease |
|---|---|
| Listing date | 06/11/2025 |
| Last updated | 05/19/2026 |
| Lot size | 0.077 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Ground Floor | Retail | Listing price not available | 1,600 | Richard Skulnik Ben Davis |
| Lower Level | Retail | Listing price not available | 1,400 | Richard Skulnik Ben Davis |
| Lower Level | Retail | Listing price not available | 800 | Richard Skulnik Ben Davis |
Create a free account to view the complete sales history for 242 Lafayette Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for Work of Arts Lofts - Work of Arts Lofts - 242 Lafayette Street, New York, NY 10012. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2026-2027 |
| Property tax: | $315,814 |
| Tax assessor's market value: | $7,701,000 |
| Assessed value: | $3,465,450 |
Here's the assessment & property tax history for 242 Lafayette Street, New York, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $7,304,000 | $3,286,800 | $2,730,000 | 12.439% | $339,585 | $315,697 | -4.53% |
| 2024/25 | $6,847,200 | $3,081,240 | $2,645,395 | 12.5% | $330,674 | $330,674 | +7.98% |
| 2023/24 | $5,706,000 | $2,567,700 | $2,449,440 | 12.502% | $306,229 | $306,229 | +10.07% |
| 2022/23 | $6,181,000 | $2,781,450 | $2,268,000 | 12.267% | $278,216 | $278,216 | +2.19% |
| 2021/22 | $4,945,000 | $2,225,250 | $2,225,250 | 12.235% | $272,259 | $272,259 | +2.73% |
The complete history of permits filed for 242 Lafayette Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.
Check out recently sold homes in Manhattan and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Lafayette St & Spring St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | 6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.031 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Here are the neighbors for Work of Arts Lofts - Work of Arts Lofts - 242 Lafayette Street, New York, NY 10012.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 63 Spring St, New York | 5,140 | 03/20/2017 | $10,500,000 |
| 75 Spring St, New York | 54,800 | 06/24/2003 | |
| 246 Lafayette St, New York | 09/26/2007 | $4,850,000 | |
| 62 Prince St, New York | 2,354 | 10/01/2014 | $35,658,069 |
| 238 Lafayette St, New York | 728 | 05/09/1984 | |
| 530 Broadway, New York | 169,983 | 03/03/2020 | $382,000,000 |
| 250 Lafayette St, New York | 16,766 | 01/03/1995 | |
| 91 Crosby St, New York | 18,400 | 12/22/2023 | $29,000,000 |
| 540 Broadway, New York | 25,050 | 06/16/2025 | $30,000,000 |
| 97 Crosby St, New York | 10,140 | 10/09/1987 | |
| 65 Spring St, New York | 7,690 | 11/01/2016 | $14,500,000 |
| 101 Crosby St, New York | 17,400 | 06/25/2004 | |
| 248 Lafayette St, New York | 20,080 | 03/08/1979 | |
| 240 Lafayette St, New York | 5,545 | 07/31/2023 | |
| 95 Crosby St, New York | 1,804 | 03/16/2006 | |
| 73 Spring St, New York | 56,340 | 10/21/1992 | |
| 70 Prince St, New York | 3,285 | ||
| 254 Lafayette St, New York | 10/01/2014 | $35,658,069 | |
| 68 Prince St, New York | 2,385 | 03/16/2006 |
