New York City » 11215 » 7th St » 242 7th St

242 7th Street, Brooklyn, NY 11215 - Property report

Also known as: 242 7th St

Property image for 242 7th Street, Brooklyn, NY 11215

Property type

Two Family Converted from One Family (B3)

Year built

1901

Lot sq. ft.

1,558

Sale price

$1,400,000

General information

Address

Primary address

242 7th Street

ZIP code

11215

Neighborhood

Gowanus

Borough

Brooklyn

Block & lot

00997-0036

Building

Property type

Two Family Converted from One Family (B3)

Building sq. ft.

1,575

Building dimensions

15.58 ft x 35 ft

Buildings on lot

Stories

Year built

1901

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

02/28/2023

Sale price

$1,400,000

Tax

Tax year

2026-2027

Property tax

$4,212

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

7 Street (narrow)

Nearest wide street

4 Avenue

Distance to wide street

Lot dimensions

15.58 ft x 100 ft

Lot sq. ft.

1,558

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

89 /100. Very Bikeable

School district

Community district

Closest police station

0.96 Miles

Closest fire station

0.05 Miles

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

Ownership

Ownership information for 242 7th 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 7th Street, Brooklyn, NY 11215

Sale date	Sale price	Buyer name	Seller name
02/28/2023	$1,400,000	XXXXXX, XXXXXXXXX XXX XXXXXXXXXXX, XXXXXXXXXXX XXXX	XXXX XXXXXXXXXX XXX
10/26/2022	$925,000	XXXX XXXXXXXXXX XXX	XXXXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/06/2024 - R 07/31/2024 - D	Zoning Lot Description (2024080600223002)	XXXXXX XXXXXXXXX
08/06/2024 - R 06/27/2024 - D	Certificate (2024080600223001)	XXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX
03/08/2023 - R 02/28/2023 - D	Mortgage (2023030700558002)	XXXXXX XXXXXXXXX	XXXXX XXXXX XXXX X X
03/08/2023 - R 02/28/2023 - D	Deed (2023030700558001)	XXXX XXXXXXXXXX XXX	XXXXXX XXXXXXXXX
11/07/2022 - R 10/26/2022 - D	Deed (2022103100252002)	XXXXXXXX XXXXXXX	XXXX XXXXXXXXXX XXX
11/07/2022 - R 10/19/2022 - D	Power of Attorney (2022103100252001)	XXXXXXXX XXXXXXX	XXXXX XXXXXX
09/18/1989 - R	Satisfaction of Mortgage (3600001484260)	XXXXXXXX XXXXXXX	XXXXXXX XXX XXXX XXXX XX
05/04/1973 - R	Mortgage (37330063001163)	XXXXXXXX XXXX	XXXXXXX X X XXXX XX
05/04/1973 - R	Deed (37330063001161)	XXXXXXX XXXXXXX X	XXXXXXXX XXXX
12/23/1971 - R	Mortgage (37130052701577)	XXXXXXX XXXXXXX X	XXXXXXXX XXXXXXX XXXX XXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 242 7th 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

$4,212

Municipal exemptions

Recent tax assessments

Market value

$1,969,000

Assessed value

$118,140

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	$1,901,000	$114,060	$20,024	19.843%	$3,973	$3,973	+4.58%
2024/25	$1,754,000	$105,240	$18,916	20.085%	$3,799	$3,799	0.00%
2023/24	$2,048,000	$122,880	$18,916	20.085%	$3,799	$3,799	+333.74%
2022/23	$1,860,000	$111,600	$4,313	20.309%	$3,805	$876	+6.04%
2021/22	$1,973,000	$118,380	$4,137	19.963%	$3,531	$826	+2.96%
2020/21	$1,920,000	$115,200	$3,812	21.045%	$3,512	$802	+8.63%
2019/20	$2,123,000	$127,380	$3,489	21.167%	$3,337	$739	+2.66%
2018/19	$2,153,000	$129,180	$3,439	20.919%	$3,297	$719	+3.01%
2017/18	$1,801,000	$108,060	$3,426	20.385%	$3,183	$698	+21.13%
2016/17	$1,623,000	$97,380	$2,884	19.991%	$2,947	$577	+19.37%

Permits

Permit information for 242 7th Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
09/08/2025	Alteration
08/18/2025	Alteration
07/08/2025	Alteration
04/07/2025	Alteration
02/19/2025	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Gowanus residential market stats

Access a detailed real estate market overview of Gowanus so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Gowanus and compare it to other neighborhoods in Brooklyn.

Median sale price

$1,180,000

-12.6% Y-o-Y

Median price/sq. ft.

$1,256

-0.6% Y-o-Y

Brooklyn median sale price

$899,000

6% 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 & 9th St at NW Corner

Station lines

F-G-R

Distance (miles)

0.078

View subway map

Access the detailed traffic volume map for 242 7th Street, Brooklyn, NY 11215 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)
P.S. 124 Silas B Dutcher	3	Yes	Public	PK, K-5	329	0.31
P.S. 124 Silas B Dutcher	3	Yes	Public	PK, K-5	329	0.31
St. Thomas Aquinas School	NR	No	Private	PK, K-8	0	0.05
St. Thomas Aquinas School	NR	No	Private	PK, K-8	0	0.05
Maurice Sendak Community School	8	No	Public	K-5	211	0.06
Al-Madinah School	NR	No	Private	PK-12	790	0.19
Al-Madinah School	NR	No	Private	PK-12	790	0.19
P.S. 39 Henry Bristow	9	No	Public	K-5	344	0.35
P.S. 372 The Children S School	NR	No	Public	PK, K-8	436	0.38
P.S. 372 The Children S School	NR	No	Public	PK, K-8	436	0.38

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
St. Thomas Aquinas School	NR	No	Private	PK, K-8	0	0.05
Al-Madinah School	NR	No	Private	PK-12	790	0.19
Ms 51 William Alexander	7	No	Public	6-8	1,026	0.21
P.S. 372 The Children S School	NR	No	Public	PK, K-8	436	0.38
Park Slope Collegiate	4	No	Public	6-12	577	0.54
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.57
International School of Brooklyn	NR	No	Private	PK-8	369	0.62
International School of Brooklyn	NR	No	Private	PK, K-8	0	0.62
Hellenic Classical Charter School	10	No	Charter	PK, K-8	483	0.63
New Voices School Of Academic And Creative Arts	9	No	Public	6-8	530	0.74

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Al-Madinah School	NR	No	Private	PK-12	790	0.19
Millennium Brooklyn High School	10	No	Public	9-12	721	0.54
Park Slope Collegiate	4	No	Public	6-12	577	0.54
John Jay School for Law	3	No	Public	9-12	461	0.54
Cyberarts Studio Academy	2	No	Public	9-12	298	0.54
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.57
St Saviour High School	NR	No	Private	9-12	400	0.67
Al-Noor School	NR	No	Private	PK-12	654	0.70
AL-Noor School	NR	No	Private	PK-12	630	0.70
P.S. 53	NR	No	Public	K-12	410	0.79

Frequently asked questions

What is the year built for 242 7th Street, Brooklyn, NY 11215?

The development at 242 7th Street, Brooklyn, NY 11215 was built in 1901.

What is the total square footage of 242 7th Street, Brooklyn, NY 11215?

242 7th Street, Brooklyn, NY 11215 has a total of 1,575 square feet.

When was 242 7th Street, Brooklyn, NY 11215 last sold and what was the sale price?

242 7th Street, Brooklyn, NY 11215 was last sold on 02/28/2023 for $1,400,000.

What is the assessed value of 242 7th Street, Brooklyn, NY 11215?

242 7th Street, Brooklyn, NY 11215 is currently assessed at $118,140.

What are the property taxes for 242 7th Street, Brooklyn, NY 11215?

The property taxes for 242 7th Street, Brooklyn, NY 11215 total $4,211.

How many residential units does this building have?

This building has 2 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.