New York City » 11215 » 12th St » 42 12th St

42 12th Street, Brooklyn, NY 11215 - Property report

Also known as: 22-42 12th St

Property image for 42 12th Street, Brooklyn, NY 11215

Property type

Unlicensed Parking Lot (G7)

Lot sq. ft.

42,912

Sale price

$62,000,000

General information

Address

Primary address

42 12th Street

Alternate address(es)

21-41 13th St
22-42 12th St

ZIP code

11215

Neighborhood

Gowanus

Borough

Brooklyn

Block & lot

01025-0016

Building

Property type

Unlicensed Parking Lot (G7)

Buildings on lot

Sales

Sale date

05/23/2018

Sale price

$62,000,000 - M

Tax

Tax year

2026-2027

Property tax

$217,729

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)

12 Street (narrow)
Hamilton Avenue (wide)

Distance to wide street

Lot dimensions

215 ft x 200 ft

Lot sq. ft.

42,912

Area overview

Walk score

89 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

95 /100. Biker's Paradise

School district

Community district

Closest police station

0.83 Miles

Closest fire station

0.11 Miles

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

Ownership

Ownership information for 42 12th 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 42 12th Street, Brooklyn, NY 11215

Sale date	Sale price	Buyer name	Seller name
05/23/2018	$62,000,000	XXXX XXXXXX XXXXXXXXXX X XXX XXX XXXX XXXXXX XXXXXXXXXX X XXX XXX XXXX XXXXXX XXXXXXXXXX X XXX	XXXXX XXX XXX XXX XXXXX XXXXXXX XX XXXXXXXX XXX XXX XXXXXX XXXXX XXX XXX XXXX XXXXX XXX
10/06/2016	$35,110,000	XXXX XXXXX XXX	XXXXXXXX XXXXX XXXXXXXXXX XXX XXXXXXXX XXXXX XXXXXXXXXX X X.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/13/2026 - R	UCC3 Continuation (2026040901088001)	XXXX XXXXXX XXXXXXXXXX X XXX	XXX XXX XXXX XXXXXXX XXX
07/29/2024 - R	UCC3 Assignment (2024072900291006)	XXXX XXXXXX XXXXXXXXXX X XXX	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
07/29/2024 - R	UCC3 Assignment (2024072900291005)	XXXX XXXXXX XXXXXXXXXX X XXX	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
07/29/2024 - R 12/14/2023 - D	Asgn of Asgn of L&R (2024072900291004)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX
07/29/2024 - R 12/14/2023 - D	Assignment, Mortgage (2024072900291002)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX
07/29/2024 - R 03/12/2023 - D	Asgn of Asgn of L&R (2024072900291003)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXX XXXX X X
07/29/2024 - R 03/12/2023 - D	Assignment, Mortgage (2024072900291001)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXX XXXX X X
06/25/2021 - R	Initial UCC1 (2021062201409001)	XXXX XXXXXX XXXXXXXXXX X XXX	XXXXXXXXX XXXX
06/09/2021 - R	UCC3 Termination (2021060201153005)	XXXX XXXXXX XXXXXXXXXX X XXX	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
06/09/2021 - R 05/28/2021 - D	Termination of Assign of L&R (2021060201153004)	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX	XXXX XXXXXX XXXXXXXXXX X XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 42 12th 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

$217,729

Municipal exemptions

Recent tax assessments

Market value

$7,043,000

Assessed value

$3,169,350

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	$5,418,000	$2,438,100	$1,566,180	10.848%	$169,899	$169,899	+26.67%
2024/25	$4,168,000	$1,875,600	$1,246,320	10.762%	$134,129	$134,129	+24.50%
2023/24	$3,206,000	$1,442,700	$1,017,090	10.592%	$107,730	$107,730	+19.03%
2022/23	$2,466,000	$1,109,700	$850,140	10.646%	$90,506	$90,506	+18.64%
2021/22	$2,144,000	$964,800	$709,290	10.755%	$76,284	$76,284	+20.35%
2020/21	$1,864,000	$838,800	$592,740	10.694%	$63,388	$63,388	+21.02%
2019/20	$1,621,000	$729,450	$497,070	10.537%	$52,376	$52,376	+19.37%
2018/19	$1,351,000	$607,950	$417,330	10.514%	$43,878	$43,878	+15.32%
2017/18	$901,000	$405,450	$361,890	10.514%	$38,049	$38,049	+3.41%
2016/17	$849,000	$382,050	$347,970	10.574%	$36,794	$36,794	-0.12%

Permits

Permit information for 42 12th Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
09/20/2022	Alteration
06/21/2021	Alteration
05/17/2021	Alteration
10/31/2019	Alteration
10/17/2019	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

0.2,AE

Hurricane evacuation zones

Subway & traffic

Closest station

Smith St & 9th St at NE Corner

Station lines

F-G-R

Distance (miles)

0.225

View subway map

Access the detailed traffic volume map for 42 12th 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	0.44
P.S. 124 Silas B Dutcher	3	Yes	Public	PK, K-5	329	0.44
International School of Brooklyn	NR	No	Private	PK-8	369	0.35
International School of Brooklyn	NR	No	Private	PK-8	369	0.35
International School of Brooklyn	NR	No	Private	PK, K-8	0	0.36
International School of Brooklyn	NR	No	Private	PK, K-8	0	0.36
St. Thomas Aquinas School	NR	No	Private	PK, K-8	0	0.48
Pave Academy Charter School	5	No	Charter	K-8	473	0.48
Maurice Sendak Community School	8	No	Public	K-5	211	0.50

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
International School of Brooklyn	NR	No	Private	PK-8	369	0.35
International School of Brooklyn	NR	No	Private	PK, K-8	0	0.36
St. Thomas Aquinas School	NR	No	Private	PK, K-8	0	0.48
Pave Academy Charter School	5	No	Charter	K-8	473	0.48
Al-Madinah School	NR	No	Private	PK-12	790	0.50
Hannah Senesh Community Day School	NR	No	Private	K-8	231	0.57
Summit Academy Charter School	5	No	Charter	6-12	203	0.61
Brooklyn Secondary School For Collaborative Studie	6	No	Public	6-12	671	0.61
Hellenic Classical Charter School	10	No	Charter	PK, K-8	483	0.65
Ms 51 William Alexander	7	No	Public	6-8	1,026	0.66

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Al-Madinah School	NR	No	Private	PK-12	790	0.50
AL-Noor School	NR	No	Private	PK-12	630	0.60
Al-Noor School	NR	No	Private	PK-12	654	0.60
Summit Academy Charter School	5	No	Charter	6-12	203	0.61
Brooklyn Secondary School For Collaborative Studie	6	No	Public	6-12	671	0.61
BASIS Independent Brooklyn	NR	No	Private	PK, K-12	907	0.63
Yeshiva Machzikel Hadas	NR	No	Private	12	0	0.85
New Dawn Charter High School	2	No	Charter	9-12	233	0.88
P.S. 53	NR	No	Public	K-12	410	0.91
Digital Arts and Cinema Technology High School	8	No	Public	9-12	331	0.95

Frequently asked questions

When was 42 12th Street, Brooklyn, NY 11215 last sold and what was the sale price?

42 12th Street, Brooklyn, NY 11215 was last sold on 05/23/2018 for $62,000,000.

What is the assessed value of 42 12th Street, Brooklyn, NY 11215?

42 12th Street, Brooklyn, NY 11215 is currently assessed at $3,169,350.

What are the property taxes for 42 12th Street, Brooklyn, NY 11215?

The property taxes for 42 12th Street, Brooklyn, NY 11215 total $217,729.

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.