Kings  »  11232  »  42nd St  »  162 42nd St

162 42nd Street, Brooklyn, NY 11232 - Property report

Also known as: 162 42nd St

Property image for 162 42nd Street, Brooklyn, NY 11232
static Mapbox map

Property type

Factory - Heavy Manufacturing (Fireproof) (F1)

Year built

1931

Lot sq. ft.

10,049

General information

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Address
Primary address
162 42nd Street
Alternate address(es)
162-172 42nd St
ZIP code
11232
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00721-0034

Owner

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Building
Property type
Factory - Heavy Manufacturing (Fireproof) (F1)
Building sq. ft.
12,500
Building dimensions
100 ft x 100 ft
Buildings on lot
1
Stories
1
Year built
1931
Building material
Tax
Tax year
2026-2027
Property tax
$64,310
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100.33 ft x 100.17 ft
Lot sq. ft.
10,049

Area overview

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

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Ownership information for 162 42nd Street, Brooklyn, NY

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

Sales history for 162 42nd Street, Brooklyn, NY 11232

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/30/2023 - R UCC3 Termination
(2023063000753001)
XXXX XXX XXXXXX XXXX XXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX
07/03/2023 - R
05/22/2023 - D
Termination of Assign of L&R
(2023063000745001)
XXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX XXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX
07/03/2023 - R
05/22/2023 - D
Satisfaction of Mortgage
(2023063000740001)
XXXX XXX XXXXXX XXXX XXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX
09/10/2020 - R UCC3 Continuation
(2020090200271001)
XXXX XXX XXXXXX XXXX XXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX
12/30/2015 - R Initial UCC1
(2015122300253001)
XXXX XXX XXXXXX XXXX XXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX
01/05/2016 - R
12/18/2015 - D
Assignment of Leases and Rents
(2015122800674002)
XXXX XXX XXXXXX XXXX XXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX
01/05/2016 - R
12/18/2015 - D
Mortgage
(2015122800674001)
XXXX XXX XXXXXX XXXX XXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX
02/16/2000 - R Sundry Agreement
(3240007082024)
XXXX XXXX XXX XXXX XXX XXXXXX XXXX
02/16/2000 - R Satisfaction of Mortgage
(3490007080749)
12/03/1999 - R UCC3 Termination
(3770006896177)
XXXX XXX XXXXXX XXXX XXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 162 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
$64,310
Municipal exemptions
Recent tax assessments
Market value
$1,384,000
Assessed value
$622,800

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 $1,413,000 $635,850 $558,630 10.848% $60,600 $60,600 +2.17%
2024/25 $1,295,000 $582,750 $551,160 10.762% $59,316 $59,316 +2.61%
2023/24 $1,256,000 $565,200 $545,760 10.592% $57,807 $57,807 +1.43%
2022/23 $1,239,000 $557,550 $535,320 10.646% $56,990 $56,990 +17.29%
2021/22 $1,004,000 $451,800 $451,800 10.755% $48,591 $48,591 -7.53%
2020/21 $1,330,000 $598,500 $491,400 10.694% $52,550 $52,550 +15.57%
2019/20 $1,235,000 $555,750 $431,550 10.537% $45,472 $45,472 +14.04%
2018/19 $1,140,000 $513,000 $379,260 10.514% $39,875 $39,875 +11.06%
2017/18 $932,000 $419,400 $341,493 10.514% $35,905 $35,905 +6.51%
2016/17 $823,000 $370,350 $318,812 10.574% $33,711 $33,711 +5.72%

Permit information for 162 42nd Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/02/2026 Alteration
03/12/2026 Alteration
01/07/2026 Alteration
01/10/2017 Alteration type 2
04/01/2005 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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)
0.339

Access the detailed traffic volume map for 162 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

Frequently asked questions

What is the year built for 162 42nd Street, Brooklyn, NY 11232?

The development at 162 42nd Street, Brooklyn, NY 11232 was built in 1931.

What is the market value of 162 42nd Street, Brooklyn, NY 11232?

The current market value of 162 42nd Street, Brooklyn, NY 11232 is $1,384,000.

What is the total square footage of 162 42nd Street, Brooklyn, NY 11232?

162 42nd Street, Brooklyn, NY 11232 has a total of 12,500 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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