119 42nd Street, Brooklyn, NY 11232 Property Information
119 42nd Street, Brooklyn, NY 11232 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 119 42nd Street |
| Neighborhood | Sunset Park |
| Zip code | 11232 |
| Borough | Brooklyn |
| Block & lot | 00716-0065 |
Sales & Tax Overview for 119 42nd Street, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 03/30/2023 |
| Purchase price | $2,200,000 |
| Tax class | Register |
| Estimated property tax | $29,894 |
Lot & Building Information for 119 42nd Street, Brooklyn
| Lot sqft | 2,504 |
| Lot dimensions | |
| Building class | Factory - Light Manufacturing (F5)
|
| Building sqft | 5,004 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 2 |
| Year built | 1935 |
| Year last altered | 2024 |
| Construction type | Register |
Area Overview
| School district | 15 |
| Community district | 7 |
| Closest police station | 0.67 Miles |
| Closest fire station | 0.48 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 119 42nd Street, Brooklyn
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About 119 42nd Street, Brooklyn
This Factory - Light Manufacturing (F5) located at 119 42nd Street, Brooklyn, NY 11232 has a total of 5,004 square feet and a current price per square foot of $439.
What is the year built & the current market value of 119 42nd Street, Brooklyn, NY 11232?119 42nd Street, Brooklyn, NY 11232 was built in 1935 and has a current tax assessor's market value of $623,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease. There are 1 active listings at this address.
Ownership Information for 119 42nd Street, Brooklyn
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Spaces for Sale in 119 42nd Street, Brooklyn
| Listing type | For Sale |
|---|---|
| Listing date | 01/14/2026 |
| Last updated | 01/14/2026 |
| Lot size | 2504 SF |
TerraCRG has been retained to exclusively represent ownership in the sale of 119 42nd Street, a fully renovated commercial building in Sunset Park, Brooklyn.
Located between First and Second Avenue, the 5,008 SF building is built full to the 2,504 SF lot. The property was recently improved with a renovated ground floor workshop/storage space, a built out second floor with double high ceilings, and a mezzanine office. The property has 2,500 SF of outdoor space with a front deck on the 2nd floor, a back deck off the mezzanine and a beautiful rooftop. This propertyis zoned M3-1 and allows for a 1,200 SF caretaker unit, makingthis an ideal space for an artist or craftsman to live in and out of the building.
119 42nd Street sits just 3 blocks south of Industry City, close to local restaurants, shops, and bars such as Whole Foods Market, Twist, Costco, Five Boroughs Brewing Co and Gumption Coffee. The property is located just a short walk to the 36th St subway station, which services the D, N, R, & W subway lines.
Brokers
Past Sales & Property History for 119 42nd Street, Brooklyn
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Title Documents for 119 42nd Street, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 119 42nd Street, Brooklyn
Access detailed property tax data for 119 42nd Street, Brooklyn, NY 11232. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $29,963 |
| Estimated property tax: | $29,894 |
| Tax assessor's market value: | $623,000 |
| Assessed value: | $280,350 |
Assessment History for 119 42nd Street, Brooklyn
Here's the assessment & property tax history for 119 42nd Street, Brooklyn, 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 | $623,000 | $280,350 | $276,210 | 10.848% | $29,963 | $29,963 | +3.81% |
| 2024/25 | $596,000 | $268,200 | $268,200 | 10.762% | $28,864 | $28,864 | +1.43% |
| 2023/24 | $634,000 | $285,300 | $268,650 | 10.592% | $28,455 | $28,455 | +2.59% |
| 2022/23 | $579,000 | $260,550 | $260,550 | 10.646% | $27,738 | $27,738 | +19.22% |
| 2021/22 | $546,000 | $245,700 | $216,328 | 10.755% | $23,266 | $23,266 | +7.49% |
Permits for 119 42nd Street, Brooklyn
The complete history of permits filed for 119 42nd Street, Brooklyn, 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.
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Brooklyn Commercial Market Stats
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
| Hurricane evacuation zone: | 2 (See more on map) |
Transportation
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Distance to Subway
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| Closest station | 4th Ave & 45th St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.418 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 39 ST/1 Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.142 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 119 42nd Street, Brooklyn
Here are the neighbors for 119 42nd Street, Brooklyn, NY 11232.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 201-233 42nd St, Brooklyn | 104,182 | 07/11/2007 | $8,763,000 |
| 270 41st St, Brooklyn | 5,800 | 05/04/2015 | |
| 272 41st St, Brooklyn | 3,100 | 02/13/2024 | $1,100,000 |
| 131 42nd St, Brooklyn | 5,000 | 12/20/2024 | |
| 4114 2nd Ave, Brooklyn | 1,300 | 03/18/2026 | $1,400,000 |
| 113 42nd St, Brooklyn | 06/18/2015 | $5,750,000 | |
| 123 42nd St, Brooklyn | 3,375 | 08/14/1981 | |
| 127 42nd St, Brooklyn | 2,400 | 11/05/2021 | $1,560,000 |
| 117 42nd St, Brooklyn | 4,674 | 01/16/2014 | $455,000 |
| 4114 3rd Ave, Brooklyn | 3,250 | 08/25/2008 | $650,000 |
| 157 42nd St, Brooklyn | 6,350 | 05/13/2009 | $1,300,000 |
| 264 41st St, Brooklyn | 14,200 | 11/08/2005 | $1,100,000 |
| 161 42nd St, Brooklyn | 08/18/2015 | $8,400,000 | |
| 4102 3rd Ave, Brooklyn | 5,600 | 10/31/2008 | $950,000 |
| 125 42nd St, Brooklyn | 2,814 | 11/14/2012 | $675,000 |
| 4124 2nd Ave, Brooklyn | 8,236 | 03/18/2026 | $1,400,000 |
| 4108 3rd Ave, Brooklyn | 3,300 | 03/15/2012 | |
| 145 42nd St, Brooklyn | 6,200 | 12/20/2024 | |
| 4110 3rd Ave, Brooklyn | 4,000 | 07/18/1985 | |
| 139 42nd St, Brooklyn | 5,000 | 12/20/2024 | $2,550,000 |