New York City » 10470 » E 242nd St » 885 E 242nd St

885 East 242nd Street, Bronx, NY 10470 - Property report

Also known as: 885 E 242nd St

Property image for 885 East 242nd Street, Bronx, NY 10470

Property type

Two Family Brick (B1)

Year built

2002

Lot sq. ft.

3,055

Sale price

$510,000

General information

Address

Primary address

885 East 242nd Street

ZIP code

10470

Neighborhood

Wakefield

Borough

Bronx

Block & lot

05119-0004

Building

Property type

Two Family Brick (B1)

Building sq. ft.

2,288

Building dimensions

25 ft x 45 ft

Buildings on lot

Stories

Year built

2002

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

05/10/2004

Sale price

$510,000

Tax

Tax year

2026-2027

Property tax

$7,378

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

East 242 Street (narrow)

Nearest wide street

East 241 Street

Distance to wide street

Lot dimensions

31.68 ft x 98.67 ft

Lot sq. ft.

3,055

Area overview

Walk score

80 /100. Very Walkable

Transit score

83 /100. Excellent Transit

Bike score

47 /100. Somewhat Bikeable

School district

Community district

Closest police station

1.18 Miles

Closest fire station

0.96 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 885 East 242nd Street, Bronx, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 885 East 242nd Street, Bronx, NY 10470

Sale date	Sale price	Buyer name	Seller name
05/10/2004	$510,000	XXXXXXXX, XXXXX	X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/22/2011 - R 07/29/2011 - D	Assignment, Mortgage (2011081501376001)	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XX X	XX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
03/02/2011 - R 02/21/2011 - D	Deed (2011022300199001)	XXXXXXXX XXXXXX	XXXXXXXX XXXXXX
03/17/2010 - R 07/09/2009 - D	Mortgage and Consolidation (2010031200013001)	XXXXXXXX XXXXX	XXXXX XXXXX XXXX XX
06/16/2010 - R 07/08/2009 - D	Subordination of Mortgage (2010033100005001)	XXXXX XXXXX XXXX XX	XXXX XXX XX XXXXXXX XXX XXXXX XXXXXXX XXXXXXXXXXX
05/10/2006 - R 04/21/2006 - D	Satisfaction of Mortgage (2006050300024001)	XXXXXXXX XXXXX	XX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
05/10/2006 - R 01/25/2006 - D	Power of Attorney (2006050300023001)	XX XXXX XXXXXXXX XXXXXXXXXXX	XXXXXX XXXX XXXXXXXXX XX
02/07/2006 - R 01/13/2006 - D	Mortgage (2006012502283003)	XXXXXXXX XXXXX
02/07/2006 - R 01/13/2006 - D	Mortgage (2006012502283002)	XXXXXXXX XXXXX
02/07/2006 - R 01/13/2006 - D	Deed (2006012502283001)	XXXXXXXX XXXXXX	XXXXXXXX XXXXXX
10/20/2005 - D 06/18/2004 - R	Mortgage (2004052100334002)	XXXXXXXX XXXXX	XXX XXXXXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 885 East 242nd Street, Bronx, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$7,378

Municipal exemptions

Recent tax assessments

Market value

$794,000

Assessed value

$47,640

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$773,000	$46,380	$35,076	19.843%	$6,960	$6,960	+4.72%
2024/25	$733,000	$43,980	$33,091	20.085%	$6,646	$6,646	0.00%
2023/24	$852,000	$51,120	$33,091	20.085%	$6,646	$6,646	+4.28%
2022/23	$785,000	$47,100	$31,382	20.309%	$6,670	$6,373	+8.06%
2021/22	$637,000	$38,220	$29,543	19.963%	$6,185	$5,898	+0.74%
2020/21	$704,000	$42,240	$27,820	21.045%	$6,151	$5,855	+5.67%
2019/20	$623,000	$37,380	$26,176	21.167%	$5,837	$5,541	+1.42%
2018/19	$618,000	$37,080	$26,116	20.919%	$5,769	$5,463	+3.48%
2017/18	$681,000	$40,860	$25,898	20.385%	$5,579	$5,279	+8.82%
2016/17	$605,000	$36,300	$24,269	19.991%	$5,161	$4,852	+8.93%

Permits

Permit information for 885 East 242nd Street, Bronx, NY

Filing date	Job type	Job status	Job description	Initial cost
02/19/2004	New building
10/15/2003	New building
07/08/2003	Alteration type 3
07/24/2002	New building
06/14/2002	New building

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Woodlawn, Wakefield residential market stats

Access a detailed real estate market overview of Woodlawn, Wakefield so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Woodlawn, Wakefield and compare it to other neighborhoods in Bronx.

Median sale price

—

Median price/sq. ft.

—

Bronx median sale price

$352,500

13.7% Y-o-Y

Check out recently sold homes in Bronx and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

White Plains Rd & 241st St at NE Corner

Station lines

2-5

Distance (miles)

0.28

View subway map

Access the detailed traffic volume map for 885 East 242nd Street, Bronx, NY 10470 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 68	7	Yes	Public	PK, K-5	469	0.99
P.S. 68	7	Yes	Public	PK, K-5	469	0.99
Grimes School	4	No	Public	K-8	411	0.27
Bronx Charter School For Excellence 4	8	No	Charter	K-5	338	0.45
Matilda Avenue School (The)	4	No	Public	K-5	237	0.52
P.S. 16 Wakefield	3	No	Public	PK, K-5	313	0.52
P.S. 16 Wakefield	3	No	Public	PK, K-5	313	0.52
Emmanuel Children's Mission School	NR	No	Private	PK, K-8	327	0.53
Emmanuel Children's Mission School	NR	No	Private	PK, K-8	327	0.53
St Francis Of Assisi School	NR	No	Private	PK-8	444	0.54

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Bronx Alliance Middle School	5	Yes	Public	6-8	214	1.32
One World Middle School At Edenwald	6	Yes	Public	6-8	322	1.32
Baychester Middle School	6	Yes	Public	6-8	267	1.32
Grimes School	4	No	Public	K-8	411	0.27
Denzel Washington School-Arts	6	No	Public	6-12	383	0.47
Emmanuel Children's Mission School	NR	No	Private	PK, K-8	327	0.53
St Francis Of Assisi School	NR	No	Private	PK-8	444	0.54
Emmanuel Children's Mission School	NR	No	Private	PK, K-8	0	0.56
Hamilton School	5	No	Public	K-8	354	0.57
Amani Public Charter School	6	No	Charter	5-8	332	0.60

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Denzel Washington School-Arts	6	No	Public	6-12	383	0.47
Fortress Christian Academy	NR	No	Private	K-12	0	0.62
Yonkers Montessori Academy	4	No	Public	PK, K-12	1,261	0.91
Rebecca Turner Academy	5	No	Public	9-12	218	0.96
Nelson R Mandela/DR Hosea Zollicoffer High School	NR	No	Public	9-12	80	1.07
Mount Vernon STEAM Academy	NR	No	Public	9-12	756	1.07
Cardinal Spellman High School	NR	No	Private	9-12	1,205	1.13
Mount St Michael Academy	NR	No	Private	6-12	733	1.13
New World High School	3	No	Public	9-12	297	1.23
The Bronx Preparatory Academy	2	No	Public	9-12	387	1.23

Nearby ZIP codes for 885 East 242nd Street, Bronx, NY

Frequently asked questions

What is the year built for 885 East 242nd Street, Bronx, NY 10470?

The development at 885 East 242nd Street, Bronx, NY 10470 was built in 2002.

What is the total square footage of 885 East 242nd Street, Bronx, NY 10470?

885 East 242nd Street, Bronx, NY 10470 has a total of 2,288 square feet.

When was 885 East 242nd Street, Bronx, NY 10470 last sold and what was the sale price?

885 East 242nd Street, Bronx, NY 10470 was last sold on 05/10/2004 for $510,000.

What is the assessed value of 885 East 242nd Street, Bronx, NY 10470?

885 East 242nd Street, Bronx, NY 10470 is currently assessed at $47,640.

What are the property taxes for 885 East 242nd Street, Bronx, NY 10470?

The property taxes for 885 East 242nd Street, Bronx, NY 10470 total $7,377.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.