Kings  »  11206  »  Wallabout St  »  242 Wallabout St

242 Wallabout Street #1, Brooklyn, NY 11206 - Property report

Also known as: 242 Wallabout St #1

Property image for 242 Wallabout Street #1, Brooklyn, NY 11206
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Property type

Cultural, Medical, Educational, etc. (RA)

Year built

2014

Lot sq. ft.

6,933

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
242 Wallabout Street #1
Alternate address(es)
242-246 Wallabout St #1
ZIP code
11206
Neighborhood
Williamsburg
Borough
Brooklyn
Block & lot
02264-3101

Owner

Find out who owns 242 Wallabout Street #1, Brooklyn, NY 11206. Uncover corporate and individual owners with a free account.

Building
Property type
Cultural, Medical, Educational, etc. (RA)
Unit sq. ft.
13,111
Building dimensions
75 ft x 99 ft
Buildings on lot
1
Stories
7
Year built
2014
Tax
Tax year
2026-2027
Tax class
Zoning & Use
Residential units
10
Commercial units
1
Lot
Lot sq. ft.
6,933

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
75 /100.  Very Bikeable
School district
14
Community district
1

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

Ownership

Ownership information for 242 Wallabout Street #1, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 242 Wallabout Street #1, Brooklyn, NY 11206

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/09/2025 - R UCC3 Continuation
(2025120800952001)		 XX XXXXXXXXX XXX XXXXXX XXXXXXXX XXXX
01/22/2021 - R Initial UCC1
(2021010600307006)		 XX XXXXXXXXX XXX XXXXXX XXXXXXXX XXXX
01/22/2021 - R
12/29/2020 - D		 Deed
(2021010600307008)		 XX XXXXXXXXX XXX XXXXXXXXXXXX XXXXX XXX XXXXXXXXX
01/22/2021 - R
12/29/2020 - D		 Termination of Assign of L&R
(2021010600307007)		 XXXXX XXXXXXX XXXXXXXXX XXXX
01/22/2021 - R
12/29/2020 - D		 Assignment of Leases and Rents
(2021010600307005)		 XX XXXXXXXXX XXX XXXXXX XXXXXXXX XXXX
01/22/2021 - R
12/29/2020 - D		 Agreement
(2021010600307004)		 XX XXXXXXXXX XXX XXXXXX XXXXXXXX XXXX
01/22/2021 - R
12/29/2020 - D		 Mortgage
(2021010600307003)		 XX XXXXXXXXX XXX XXXXXX XXXXXXXX XXXX
01/22/2021 - R
12/29/2020 - D		 Assignment, Mortgage
(2021010600307002)		 XXXXXXXXX XXXX XXXXXX XXXXXXXX XXXX
01/22/2021 - R
12/29/2020 - D		 Deed
(2021010600307001)		 XXXXX XXXXXXX XX XXXXXXXXX XXX
09/27/2018 - R UCC3 Termination
(2018092600158001)		 XXXXXX XXXXXXXXX XXXXXXXXXXX XXX XXXXXXXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 242 Wallabout Street #1, 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
Municipal exemptions
Recent tax assessments
Market value
$1,051,000
Assessed value
$472,950

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 $1,027,000 $462,150 $0 10.848% $46,818 $0 n/a
2024/25 $1,004,688 $452,110 $0 10.762% $46,670 $0 n/a
2023/24 $984,000 $442,800 $0 10.592% $46,069 $0 n/a
2022/23 $928,000 $417,600 $417,600 10.646% $44,458 $44,458 +7.85%
2021/22 $851,689 $383,260 $383,260 10.755% $41,220 $41,220 -16.52%
2020/21 $1,050,000 $472,500 $461,734 10.694% $49,378 $49,378 +2.19%
2019/20 $1,019,000 $458,550 $458,550 10.537% $48,317 $48,317 +1.08%
2018/19 $1,020,460 $459,207 $454,637 10.514% $47,801 $47,801 n/a
Permits

Permit information for 242 Wallabout Street #1, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Union Ave & Flushing Ave at SW Corner
Station lines
G
Distance (miles)
0.157
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Access the detailed traffic volume map for 242 Wallabout Street #1, Brooklyn, NY 11206 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

Nearby ZIP codes for 242 Wallabout Street #1, Brooklyn, NY

10002, New York City, NY 10009, New York City, NY 10010, New York City, NY 11101, New York City, NY 11104, New York City, NY 11109, New York City, NY 11201, New York City, NY 11205, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the year built for 242 Wallabout Street #1, Brooklyn, NY 11206?

The development at 242 Wallabout Street #1, Brooklyn, NY 11206 was built in 2014.

What is the market value of 242 Wallabout Street #1, Brooklyn, NY 11206?

The current market value of 242 Wallabout Street #1, Brooklyn, NY 11206 is $1,051,000.

What is the total square footage of 242 Wallabout Street #1, Brooklyn, NY 11206?

242 Wallabout Street #1, Brooklyn, NY 11206 has a total of 13,111 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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.

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