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242 57th Street, Brooklyn, NY 11220 Property Information

Also known as: 244 57th St, Brooklyn, NY 11220

242 57th Street, Brooklyn, NY 11220 Property Information

Also known as: 244 57th St, Brooklyn, NY 11220

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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242 57th Street, Brooklyn, NY 11220 1
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Address

Primary address 242 57th Street
Secondary address 242-244 57th St
Neighborhood Sunset Park
Zip code 11220
Borough Brooklyn
Block & lot 00845-0023

Sales & Tax Overview for 242 57th Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $10,958

Lot & Building Information for 242 57th Street, Brooklyn

Lot sqft 2,671
Lot dimensions 26.67 ft x 100.17 ft
Building class Five to Six Families (C2)
Building sqft 3,120
Building dimensions 26.67 ft x 69 ft
Buildings on lot 1
Stories 3
Year built 1910
Year last altered 1961
Construction type
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Zoning & Use for 242 57th Street, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 6
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 7
Closest police station 0.36 Miles
Closest fire station 0.35 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 242 57th Street, Brooklyn

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Floor area ratio (FAR) for 242 57th Street, Brooklyn, NY 11220, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 242 57th Street, Brooklyn, NY 11220, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 242-244 57th St, Brooklyn, NY 11220

About 242 57th Street, Brooklyn

What is the year built & the total sq. ft. for 242 57th Street, Brooklyn, NY 11220?

242 57th Street, Brooklyn, NY 11220 was built in 1910 and has a total of 3,120 square feet.

What is the assessed value of 242 57th Street, Brooklyn, NY 11220 and the property tax paid?

Assessed at $318,150, the tax amount paid for 242 57th Street, Brooklyn, NY 11220 is $10,958. For the next year, the tax amount for 242 57th Street, Brooklyn, NY 11220 is estimated at $10,958.

When was 242 57th Street, Brooklyn, NY 11220 last sold?

242 57th Street, Brooklyn, NY 11220 was last sold in 09/27/2013.

How many residential units does this building have?

This building has 6 residential unit(s).

Ownership Information for 242 57th Street, Brooklyn

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Property owner name for 242 57th Street, Brooklyn, NY 11220
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Building contacts for 242 57th Street, Brooklyn, NY 11220
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 242 57th Street, Brooklyn

Create a free account to view the complete sales history for 242 57th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 242 57th Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
09/27/2013 - D
10/07/2015 - R
Deed
(2015100600463001)
06/20/2001 - R Satisfaction of Mortgage
(3900007704890)
02/26/2001 - R Discharge of Tax Lien
(3360007539736)
05/03/2000 - R Mortgage
(3330007206133)
05/03/2000 - R Satisfaction of Mortgage
(3880007208788)
05/03/2000 - R Satisfaction of Mortgage
(3800007208780)
05/03/2000 - R Satisfaction of Mortgage
(3670007208767)
03/17/2000 - D
05/03/2000 - R
Deed
(3260007208026)
01/25/1999 - R Assignment of Tax Lien
(3480006428048)
07/29/1998 - R Tax Lien Sale Certificate
(3180006152618)
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R: Recorded date
D: Document date

Property Taxes for 242 57th Street, Brooklyn

Access detailed property tax data for 242 57th Street, Brooklyn, NY 11220. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $10,958
Estimated property tax: $10,958
Tax assessor's market value: $707,000
Assessed value: $318,150

Assessment History for 242 57th Street, Brooklyn

Here's the assessment & property tax history for 242 57th 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 $707,000 $318,150 $88,095 12.439% $10,958 $10,958 +7.47%
2024/25 $589,200 $265,140 $81,571 12.5% $10,196 $10,196 +3.24%
2023/24 $491,000 $220,950 $78,998 12.502% $9,876 $9,876 +10.05%
2022/23 $409,000 $184,050 $73,160 12.267% $8,975 $8,975 +8.24%
2021/22 $327,500 $147,375 $67,765 12.235% $8,291 $8,291 -0.26%

Permits for 242 57th Street, Brooklyn

The complete history of permits filed for 242 57th 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.

Filing date Job type Job status Job description Initial cost
01/13/1992 Alteration type 2
         
         
         
         
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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.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & 59th St at NW Corner
Station lines N-R
Distance (miles) 0.214
View subway map
Bus Routes
Name 3 Av/58 St
Line B37
Distance (miles) 0.068

Neighbors for 242 57th Street, Brooklyn

Here are the neighbors for 242 57th Street, Brooklyn, NY 11220.

Address Square feet Purchase date Purchase price
5712 3rd Ave, Brooklyn 5,000 01/21/2014
5723 2nd Ave, Brooklyn 10,000 09/07/1993
266 57th St, Brooklyn 2,104 07/01/1997
218 57th St, Brooklyn 6,675 06/26/2013 $1,825,000
216 57th St, Brooklyn 14,602 05/13/2019 $1,150,000
252 57th St, Brooklyn 2,952 05/21/2025
258 57th St, Brooklyn 2,952 08/14/2021
248 57th St, Brooklyn 5,196 04/09/2024 $992,500
254 57th St, Brooklyn 2,952 10/25/1993
270 57th St, Brooklyn 2,292 09/07/1977
5710 3rd Ave, Brooklyn 2,564 08/12/1993
240 57th St, Brooklyn 3,120 10/01/1985
238 57th St, Brooklyn 2,960 04/08/2026
5717 2nd Ave, Brooklyn 10,000 09/22/2008
250 57th St, Brooklyn 2,952 05/04/2005 $755,000
228 57th St, Brooklyn 3,010 07/11/2006 $155,500
5701 2nd Ave, Brooklyn 250 01/14/1999
230 57th St, Brooklyn 1,590 10/19/2018 $794,235
260 57th St, Brooklyn 2,952 11/20/2006
226 57th St, Brooklyn 3,884 01/30/1998
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