Kings  »  11215  »  5th Ave  »  242 5th Ave

242 5th Avenue, Brooklyn, NY 11215 Property Information

242 5th Avenue, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
Unlock this property report with a free account.

Access up-to-date information from property owner names to sales history, tax info, title documents, mortgages, development, maps, permits and more.
Sign Up Now
Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
  • 80 dedicated analysts and researchers
  • 20+ years of real estate experience
Learn More

Photo & Map Show Hide

242 5th Avenue, Brooklyn, NY 11215 1
static Mapbox map

Address

Primary address 242 5th Avenue
Neighborhood Park Slope
Zip code 11215
Borough Brooklyn
Block & lot 00958-0046

Sales & Tax Overview for 242 5th Avenue, Brooklyn

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

Purchase date 07/29/2008
Purchase price $1,850,000
Tax class
Estimated property tax $49,318

Lot & Building Information for 242 5th Avenue, Brooklyn

Lot sqft 2,531
Lot dimensions 27 ft x 92 ft
Building class Primarily Five to Six Family with One Store or Office (S5)
Building sqft 6,296
Building dimensions 27 ft x 62 ft
Buildings on lot 1
Stories 4
Year built 1920
Year last altered 1986
Construction type
Unlock this property report with a free account.

Access up-to-date information from property owner names to sales history, tax info, title documents, mortgages, development, maps, permits and more.
Sign Up Now

Zoning & Use for 242 5th Avenue, Brooklyn

Zoning
Residential units (DOF) 6
Regulated units
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 6
Closest police station 0.51 Miles
Closest fire station 0.24 Miles

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

Other Property Data for 242 5th Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 242 5th Avenue, Brooklyn, NY 11215, 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 5th Avenue, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 242 5th Avenue, Brooklyn

How many sq. ft. does 242 5th Avenue, Brooklyn, NY 11215 have & what is the price per sq. ft?

This Primarily Five to Six Family with One Store or Office (S5) located at 242 5th Avenue, Brooklyn, NY 11215 has a total of 6,296 square feet and a current price per square foot of $293.

What is the year built & the current market value of 242 5th Avenue, Brooklyn, NY 11215?

242 5th Avenue, Brooklyn, NY 11215 was built in 1920 and has a current tax assessor's market value of $3,580,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 242 5th Avenue, Brooklyn

View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.

Property owner name for 242 5th Avenue, Brooklyn, NY 11215
Find out who owns 242 5th Avenue, Brooklyn, NY 11215.
Sign Up
Building contacts for 242 5th Avenue, Brooklyn, NY 11215
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
  • 80 dedicated analysts and researchers
  • 20+ years of real estate experience
Learn More

Past Sales & Property History for 242 5th Avenue, Brooklyn

Create a free account to view the complete sales history for 242 5th Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
07/29/2008 $1,850,000

Title Documents for 242 5th Avenue, 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
11/20/2019 - R UCC3 Termination
(2019111201153005)
11/07/2019 - D
11/20/2019 - R
Agreement
(2019111201153003)
11/07/2019 - D
11/20/2019 - R
Mortgage
(2019111201153002)
11/01/2019 - D
11/20/2019 - R
Termination of Assign of L&R
(2019111201153004)
11/01/2019 - D
11/20/2019 - R
Assignment, Mortgage
(2019111201153001)
03/06/2013 - R UCC3 Termination
(2013012900701007)
03/06/2013 - R Initial UCC1
(2013012900701006)
01/28/2013 - D
03/06/2013 - R
Assignment of Leases and Rents
(2013012900701004)
01/28/2013 - D
03/06/2013 - R
Agreement
(2013012900701003)
01/28/2013 - D
03/06/2013 - R
Mortgage
(2013012900701002)
Unlock title documents, including buyer and seller information (when available).
Sign up

R: Recorded date
D: Document date

Property Taxes for 242 5th Avenue, Brooklyn

Access detailed property tax data for 242 5th Avenue, Brooklyn, NY 11215. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $45,816
Estimated property tax: $49,318
Tax assessor's market value: $3,580,000
Assessed value: $1,611,000

Assessment History for 242 5th Avenue, Brooklyn

Here's the assessment & property tax history for 242 5th Avenue, 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 $3,580,000 $1,611,000 $368,326 12.439% $45,816 $45,816 +7.47%
2024/25 $2,983,200 $1,342,440 $341,043 12.5% $42,630 $42,630 +7.98%
2023/24 $2,486,000 $1,118,700 $315,783 12.502% $39,479 $39,479 +5.52%
2022/23 $2,338,000 $1,052,100 $304,987 12.267% $37,413 $37,413 +0.26%
2021/22 $1,870,000 $841,500 $304,987 12.235% $37,315 $37,315 +7.36%

Permits for 242 5th Avenue, Brooklyn

The complete history of permits filed for 242 5th Avenue, 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
08/16/2017 Alteration type 2
02/15/2017 Alteration type 2
11/06/2015 Alteration type 2
06/03/2010 Alteration type 2
08/25/2006 Alteration type 2
08/26/1998 Sign
03/07/1997 Alteration type 2
11/15/1996 Alteration type 3
11/12/1996 Alteration type 3
08/06/1996 Alteration type 2
Unlock the complete permit history for 242 5th Avenue, Brooklyn with a free account.
Sign up

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)
Hurricane evacuation zone: 4 (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & Union St at SE Corner
Station lines R
Distance (miles) 0.137
View subway map
Bus Routes
Name 5 Av/Garfield Pl
Line B63
Distance (miles) 0.049

Neighbors for 242 5th Avenue, Brooklyn

Here are the neighbors for 242 5th Avenue, Brooklyn, NY 11215.

Address Square feet Purchase date Purchase price
246 5th Ave, Brooklyn 6,360 02/11/1986
597 Carroll St, Brooklyn 2,764 10/25/2020
248 5th Ave, Brooklyn 5,440 11/16/1995
599 Carroll St, Brooklyn 2,764 08/18/2023 $2,800,000
232 5th Ave, Brooklyn 5,796 11/25/2002
630 President St, Brooklyn 3,060 07/22/2021 $2,033,000
244 5th Ave, Brooklyn 6,264 02/24/1995
603 Carroll St, Brooklyn 2,764 04/14/2025
595 Carroll St, Brooklyn 1,000 05/02/2003 $750,000
593 Carroll St, Brooklyn 946 04/06/1984
238 5th Ave, Brooklyn 6,656 09/18/2019 $5,075,000
605 Carroll St, Brooklyn 2,700 02/09/2011 $900,000
601 Carroll St, Brooklyn 2,764 12/23/2024
636 President St, Brooklyn 3,060 07/22/2021 $2,034,000
644 President St, Brooklyn 7,404 08/08/1981
642 President St, Brooklyn 7,448 01/14/2014
634 President St, Brooklyn 3,060 02/16/2024 $2,900,000
632 President St, Brooklyn 3,060 12/27/2012
234 5th Ave, Brooklyn 6,656 02/27/1997
646 President St, Brooklyn 7,833 10/03/2013 $3,250,000
Not sure if we cover all the data-points you need? View sample full report View sample full report