New York City » 11220 » 54th St » 242 54th St

242 54th Street, Brooklyn, NY 11220 - Property report

Also known as: 240-242 54th St

Property image for 242 54th Street, Brooklyn, NY 11220

Property type

Three Families (C0)

Year built

2006

Lot sq. ft.

2,003

Sale price

$55,000

General information

Address

Primary address

242 54th Street

Alternate address(es)

240-242 54th St

ZIP code

11220

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00821-0022

Building

Property type

Three Families (C0)

Building sq. ft.

3,120

Building dimensions

20 ft x 52 ft

Buildings on lot

Stories

Year built

2006

Building material

Brick

Exterior wall

Combination

Basement

Sales

Sale date

09/07/2017

Sale price

$55,000

Tax

Tax year

2026-2027

Property tax

$9,519

Tax class

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Lot

Frontage(s)

54 Street (narrow)

Nearest wide street

3 Avenue

Distance to wide street

Lot dimensions

20 ft x 100.17 ft

Lot sq. ft.

2,003

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Current built area

3,125 sq. ft.

Buildable area

Area overview

Walk score

79 /100. Very Walkable

Transit score

91 /100. Rider's Paradise

Bike score

71 /100. Very Bikeable

School district

Community district

Closest police station

0.51 Miles

Closest fire station

0.26 Miles

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

Ownership

Ownership information for 242 54th Street, Brooklyn, 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 242 54th Street, Brooklyn, NY 11220

Sale date	Sale price	Buyer name	Seller name
09/07/2017	$55,000	XXXXXXXXXX, XXXXXXX XXX XXXXXXXXXX, XXXXXX XXX XXXXXXXXXXX, XXXXXXX	XXXXXXXXXX, XXXXXXX XXX XXXXXXXXXX, XXXXXX XXX XXXXXXXXXXX, XXXXXXX XXX XXXXX, XXXX X
12/06/2007	$852,000	XXXXXXXXXX, XXXXXXX XXX XXXXXXXXXXX, XXXXXXX XXX XXXXXXXXXX, XXXXXX XXX XXXXX, XXXX X	XXXX XXXXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/13/2020 - R 03/18/2020 - D	Agreement (2020041000444002)	XXXXXXXXXX XXXXXXX	XXXXXXXX XXXXXXXX XXXXXXX XXX
04/13/2020 - R 03/18/2020 - D	Mortgage (2020041000444001)	XXXXXXXXXX XXXXXXX	XXXXXXXX XXXXXXXX XXXXXXX XXX
10/25/2017 - R 09/07/2017 - D	Deed (2017091800900001)	XXXXXXXXXX XXXXXXX	XXXXXXXXXX XXXXXXX
01/10/2008 - R 12/10/2007 - D	Satisfaction of Mortgage (2008010800625002)	XXXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXX XXX X
01/10/2008 - R 12/10/2007 - D	Satisfaction of Mortgage (2008010800625001)	XXXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXX XXX X
01/17/2008 - R 12/06/2007 - D	Mortgage (2007121201221002)	XXXXXXXXXX XXXXXXX	XXXXXXXX XXXXXXXX XXXXXXX XX X
01/17/2008 - R 12/06/2007 - D	Deed (2007121201221001)	XXXX XXXXXXXXXX XXX	XXXXXXXXXX XXXXXXX
08/03/2006 - R 06/28/2006 - D	Assignment, Mortgage (2006072601631001)	XXXXXXXX XXXXXXX XXXX	XXXXXXX XXXXXXXX XXXXXX XXXXXXXXXXX
07/14/2006 - R 06/26/2006 - D	Assignment of Leases and Rents (2006071300187005)	XXXXXXXX XXXXXXX XXXX	XXXX XXXXXXXXXX XXX
07/14/2006 - R 06/26/2006 - D	Mortgage (2006071300187004)	XXXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 242 54th 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

$9,519

Municipal exemptions

Recent tax assessments

Market value

$1,053,000

Assessed value

$63,180

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	$1,209,000	$72,540	$45,226	19.843%	$10,964	$8,974	+4.72%
2024/25	$1,270,000	$76,200	$42,666	20.085%	$10,470	$8,569	0.00%
2023/24	$1,122,000	$67,320	$42,666	20.085%	$10,470	$8,569	-0.36%
2022/23	$918,000	$55,080	$42,348	20.309%	$10,507	$8,600	+11.87%
2021/22	$955,000	$57,300	$38,510	19.963%	$9,744	$7,688	-18.16%
2020/21	$911,000	$54,660	$44,636	21.045%	$9,690	$9,394	+15.40%
2019/20	$724,000	$43,440	$38,456	21.167%	$9,195	$8,140	-16.95%
2018/19	$969,000	$58,140	$46,852	20.919%	$10,438	$9,801	+22.25%
2017/18	$976,000	$58,560	$39,330	20.385%	$9,724	$8,017	+9.73%
2016/17	$838,000	$50,280	$36,550	19.991%	$8,996	$7,307	+2.32%

Permits

Permit information for 242 54th Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
07/06/2006	Alteration type 3
06/28/2006	New building
06/28/2006	New building

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/08/2026	A
	11/19/2025	I
	06/13/2025	A

*Most recent HPD violations on record 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

$807,209

41.6% Y-o-Y

Median price/sq. ft.

$681

-4.3% Y-o-Y

Brooklyn median sale price

$998,800

3.4% Y-o-Y

Check out recently sold homes in Brooklyn 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

4th Ave & 53rd St at SW Corner

Station lines

Distance (miles)

0.215

View subway map

Access the detailed traffic volume map for 242 54th Street, Brooklyn, NY 11220 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)
Sunset School of Cultural Learning	NR	Yes	Public	K-2	152	0.25
P.S. 503 The School Of Discovery	4	Yes	Public	K-5	630	0.29
Al Madrasa Al Islamiya	NR	No	Private	PK-8	164	0.10
Al Madrasa Al Islamiya	NR	No	Private	PK-8	164	0.10
Al Madrasa Al Islamiya	NR	No	Private	PK, K-8	0	0.13
Al Madrasa Al Islamiya	NR	No	Private	PK, K-8	0	0.13
P.S. 506 The School Of Journalism And Technology	4	No	Public	K-5	451	0.29
BROOKLYN RISE CHARTER SCHOOL	5	No	Charter	K-3	210	0.36
LEEP Dual Language Academy Charter School	7	No	Charter	K-3	387	0.39
P.S. 1 The Bergen	4	No	Public	PK, K-5	754	0.42

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Jhs 220 John J Pershing	7	Yes	Public	6-8	1,229	0.98
Al Madrasa Al Islamiya	NR	No	Private	PK-8	164	0.10
Al Madrasa Al Islamiya	NR	No	Private	PK, K-8	0	0.13
MS 936 ARTS OFF 3RD	8	No	Public	6-8	445	0.25
Our Lady Of Perpetual Help Elementary School	NR	No	Private	PK-8	214	0.56
St. Michael Elementary School	NR	No	Private	K-8	0	0.63
Sunset Park Prep	5	No	Public	6-8	440	0.71
Is 136 Charles O Dewey	2	No	Public	6-8	535	0.71
Saint Agatha School	NR	No	Private	PK, K-8	193	0.79
Is 30 Mary White Ovington	5	No	Public	K-8	911	0.92

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Fort Hamilton High School	4	Yes	Public	9-12	3,925	1.71
High School of Telecommunication Arts and Technology	6	No	Public	9-12	1,273	0.69
P.S. 371 Lillian L Rashkis	NR	No	Public	9-12	209	0.88
Sunset Park High School	4	No	Public	9-12	1,418	0.99
Yeshiva & Mesivta V'yoel Moshe	NR	No	Private	9-12	702	1.09
Bay Ridge Preparatory School	NR	No	Private	K-12	375	1.09
Xaverian High School	NR	No	Private	6-12	1,537	1.11
Bais Chaya Esther	NR	No	Private	PK-11	207	1.15
Zichron Yehuda-Bais Simcha	NR	No	Private		0	1.21

Nearby ZIP codes for 242 54th Street, Brooklyn, NY

10004, New York City, NY 10005, 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 11214, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11223, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 242 54th Street, Brooklyn, NY 11220?

The development at 242 54th Street, Brooklyn, NY 11220 was built in 2006.

What is the total square footage of 242 54th Street, Brooklyn, NY 11220?

242 54th Street, Brooklyn, NY 11220 has a total of 3,120 square feet.

When was 242 54th Street, Brooklyn, NY 11220 last sold and what was the sale price?

242 54th Street, Brooklyn, NY 11220 was last sold on 09/07/2017 for $55,000.

What is the assessed value of 242 54th Street, Brooklyn, NY 11220?

242 54th Street, Brooklyn, NY 11220 is currently assessed at $63,180.

What are the property taxes for 242 54th Street, Brooklyn, NY 11220?

The property taxes for 242 54th Street, Brooklyn, NY 11220 total $9,519.

How many residential units does this building have?

This building has 3 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.