1005070009

Owner: Targo Capital Partners

Acquired: February 03, 2026, $11.8 million

Built: 1952

Renovated: 2016

SF: 7,667

Dwelling units: 5

No. of buildings: 1

Class: Semi-Fireproof With Stores (D7)

Floors: 7

Transactions:

• Ervolino Group sold 242 Elizabeth Street, Nolita, Manhattan for $11.8 million to TARGO Capital Partners on February 03, 2026.

Development:

• Ronald Ervolino filed major alteration job 121157185 for 7,667 sqft R-2 building with 5 apartments in Nolita, Manhattan, on April 15, 2013.

• Bryan Land filed alteration job M01204572 for 150 sqft R-2 building with 5 apartments in Nolita, Manhattan, on May 23, 2025.

• Ronald Ervolino filed alteration job 123345415 for R-2 building with 5 apartments in Nolita, Manhattan, on July 18, 2017.

• Ronald Ervolino filed alteration job 122720430 for COM building in Nolita, Manhattan, on May 13, 2016.

• Ronald Ervolino filed alteration job 122028714 for R-2 building with 5 apartments in Nolita, Manhattan, on June 03, 2014.

• Ronald Ervolino filed alteration job 121819997 for R-2 building with 5 apartments in Nolita, Manhattan, on October 23, 2013.

Violations:

According to city public data, the properties have received $25 in OATH penalties in the last year.