New York City  »  11232  »  42nd St  »  161 42nd St

161 42nd Street, Brooklyn, NY 11232 - Property report

Also known as: 161 42nd St

Property image for 161 42nd Street, Brooklyn, NY 11232
static Mapbox map

Property type

Unlicensed Parking Lot (G7)

Lot sq. ft.

2,003

Sale price

$8,400,000

General information

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Address
Primary address
161 42nd Street
ZIP code
11232
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00716-0050

Owner

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Building
Property type
Unlicensed Parking Lot (G7)
Sales
Sale date
08/18/2015
Sale price
$8,400,000 - M
Tax
Tax year
2026-2027
Property tax
$10,007
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
42 Street (narrow)
Nearest wide street
2 Avenue
Distance to wide street
Lot dimensions
20 ft x 100.17 ft
Lot sq. ft.
2,003

Area overview

Walk score
81 /100.  Very Walkable
Transit score
92 /100.  Rider's Paradise
Bike score
77 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.64 Miles
Closest fire station
0.41 Miles

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

Ownership

Ownership information for 161 42nd Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 161 42nd Street, Brooklyn, NY 11232

Sale date Sale price Buyer name Seller name
08/18/2015 $8,400,000 XXX XXXX XXXXXX, XXX XXXX XXXXXX XXXXXX XXXXXXX XX. , XXX
04/01/2004 $1,175,000 XXXX XXXXXX XXXXXX XXXXXXX XX. , XXX X.X.X. XXXXXXX, XXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/23/2025 - R UCC3 Amendment
(2025121900648001)		 XXX XXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
08/01/2025 - R UCC3 Continuation
(2025073000970001)		 XXX XXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
03/28/2024 - R UCC3 Amendment
(2024032700675001)		 XXX XXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
06/18/2020 - R UCC3 Continuation
(2020061700470001)		 XXX XXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
09/14/2015 - R Initial UCC1
(2015082500542004)		 XXX XXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
09/14/2015 - R
08/18/2015 - D		 Assignment of Leases and Rents
(2015082500542003)		 XXX XXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
09/14/2015 - R
08/18/2015 - D		 Mortgage
(2015082500542002)		 XXX XXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
09/14/2015 - R
08/18/2015 - D		 Deed
(2015082500542001)		 XXXX XXXXXX XXXXXX XXXXXXX XX XXX XXX XXXX XXXXXX XXX
10/09/2013 - R
06/12/2013 - D		 Satisfaction of Mortgage
(2013091201252001)		 XXXX XX XXXXXX XXXXXXX XX XXX XXXX XX XXXXXXX XX
07/07/2008 - R
02/19/2008 - D		 Termination of Assign of L&R
(2008040900369005)		 XXXX XX XXXXXXX XXXX XXXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 161 42nd Street, Brooklyn, 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
$10,007
Municipal exemptions
Recent tax assessments
Market value
$225,000
Assessed value
$101,250

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 $237,000 $106,650 $83,250 10.848% $9,031 $9,031 +16.99%
2024/25 $232,000 $104,400 $71,730 10.762% $7,720 $7,720 +22.70%
2023/24 $187,000 $84,150 $59,400 10.592% $6,292 $6,292 +18.96%
2022/23 $144,000 $64,800 $49,680 10.646% $5,289 $5,289 +18.53%
2021/22 $125,000 $56,250 $41,490 10.755% $4,462 $4,462 +20.10%
2020/21 $109,000 $49,050 $34,740 10.694% $3,715 $3,715 +20.91%
2019/20 $95,000 $42,750 $29,160 10.537% $3,073 $3,073 +19.38%
2018/19 $79,000 $35,550 $24,480 10.514% $2,574 $2,574 +18.66%
2017/18 $53,000 $23,850 $20,630 10.514% $2,169 $2,169 +8.42%
2016/17 $50,000 $22,500 $18,920 10.574% $2,001 $2,001 +7.41%
Permits

Permit information for 161 42nd Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Sunset Park residential market stats

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

Median sale price

$545,000

-2.7% Y-o-Y

Median price/sq. ft.

$806

-6.6% Y-o-Y

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
4th Ave & 45th St at NW Corner
Station lines
R
Distance (miles)
0.355
View subway map

Access the detailed traffic volume map for 161 42nd Street, Brooklyn, NY 11232 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. 24 4 Yes Public PK, K-5 530 0.44
P.S. 24 4 Yes Public PK, K-5 530 0.44
St. Michael Elementary School NR No Private K-8 0 0.32
Sunset Park Avenue Elementary School 4 No Public PK, K-5 349 0.32
Sunset Park Avenue Elementary School 4 No Public PK, K-5 349 0.32
P.S. 1 The Bergen 4 No Public PK, K-5 754 0.39
P.S. 1 The Bergen 4 No Public PK, K-5 754 0.39
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.55
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.55
P.S. 958 NR No Public PK, K 50 0.56
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Is 136 Charles O Dewey 2 No Public 6-8 535 0.32
Sunset Park Prep 5 No Public 6-8 440 0.32
St. Michael Elementary School NR No Private K-8 0 0.32
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.55
Al Madrasa Al Islamiya NR No Private PK-8 164 0.58
MS 936 ARTS OFF 3RD 8 No Public 6-8 445 0.89
Saint Agatha School NR No Private PK, K-8 193 0.90
Our Lady Of Perpetual Help Elementary School NR No Private PK-8 214 1.07
Jhs 220 John J Pershing 7 No Public 6-8 1,229 1.11
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 371 Lillian L Rashkis NR No Public 9-12 209 0.39
Sunset Park High School 4 No Public 9-12 1,418 0.46
Al-Noor School NR No Private PK-12 654 1.11
AL-Noor School NR No Private PK-12 630 1.11
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 1.19
Bnos Margulia Viznitz NR No Private PK-12 679 1.19
Yeshiva Machzikel Hadas NR No Private 12 0 1.20
West Brooklyn Community High School 3 No Public 10-12 161 1.32
High School of Telecommunication Arts and Technology 6 No Public 9-12 1,273 1.32

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 161 42nd Street, Brooklyn, NY

131 42nd St, Brooklyn 4114 2nd Ave, Brooklyn 127 42nd St, Brooklyn 123 42nd St, Brooklyn 119 42nd St, Brooklyn 113 42nd St, Brooklyn 4108 2nd Ave, Brooklyn 160 41st St, Brooklyn 157 42nd St, Brooklyn 117 42nd St, Brooklyn 4106 2nd Ave, Brooklyn 125 42nd St, Brooklyn 4124 2nd Ave, Brooklyn 148 41st St, Brooklyn 145 42nd St, Brooklyn 166 41st St, Brooklyn 136 41st St, Brooklyn 139 42nd St, Brooklyn 152 41st St, Brooklyn 150 41st St, Brooklyn

Nearby ZIP codes for 161 42nd Street, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10038, New York City, NY 10271, New York City, NY 10280, New York City, NY 11201, New York City, NY 11204, New York City, NY 11209, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11238, New York City, NY

Frequently asked questions

When was 161 42nd Street, Brooklyn, NY 11232 last sold and what was the sale price?

161 42nd Street, Brooklyn, NY 11232 was last sold on 08/18/2015 for $8,400,000.

What is the assessed value of 161 42nd Street, Brooklyn, NY 11232?

161 42nd Street, Brooklyn, NY 11232 is currently assessed at $101,250.

What are the property taxes for 161 42nd Street, Brooklyn, NY 11232?

The property taxes for 161 42nd Street, Brooklyn, NY 11232 total $10,007.

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