New York City  »  11215  »  Prospect Park W  »  242 Prospect Park W

242 Prospect Park W, Brooklyn, NY 11215 - Property report

Also known as: 242 A Prospect Park W

Property image for 242 Prospect Park W, Brooklyn, NY 11215
static Mapbox map

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1907

Lot sq. ft.

2,447

Sale price

$1,875,000

General information

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Address
Primary address
242 Prospect Park W
Alternate address(es)
242 A Prospect Park W
242 9th Ave
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
01113-0051

Owner

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Building
Property type
Single or Multiple Dwelling with Stores or Offices (S9)
Building sq. ft.
5,880
Building dimensions
25 ft x 66 ft
Buildings on lot
1
Stories
4
Year built
1907
Last altered
1960
Building material
Sales
Sale date
12/22/2010
Sale price
$1,875,000
Tax
Tax year
2026-2027
Property tax
$30,998
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 97.83 ft
Lot sq. ft.
2,447

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
98 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.99 Miles
Closest fire station
0.36 Miles

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Ownership information for 242 Prospect Park W, Brooklyn, NY

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

Sales history for 242 Prospect Park W, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
12/22/2010 $1,875,000 XXXXXXXX XXXX XXXX XXXXXX, XXX XXXXXXXXXX, XXXXXX XXX XXXXXXXXXX, XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/25/2016 - R UCC3 Termination
(2016020500835003)
XXXXXXXX XXXX XXXX XXXXXX XXX XXXXXXXXXX XXXXXX
02/25/2016 - R
01/19/2016 - D
Termination of Assign of L&R
(2016020500835002)
XXXXXXXX XXXX XXXX XXXXXX XXX XXXXXXXXXX XXXXXX
02/25/2016 - R
01/19/2016 - D
Satisfaction of Mortgage
(2016020500835001)
XXXXXXXX XXXX XXXX XXXXXX XXX XXXXXXXXXX XXXXXX
01/04/2011 - R
12/29/2010 - D
Initial UCC1
(2010122900152001)
XXXXXXXX XXXX XXXX XXXXXX XXX XXXXXXXXXX XXXXXX
01/05/2011 - R
12/22/2010 - D
Assignment of Leases and Rents
(2010122900095003)
XXXXXXXX XXXX XXXX XXXXXX XXX XXXXXXXXXX XXXXXX
01/05/2011 - R
12/22/2010 - D
Mortgage
(2010122900095002)
XXXXXXXX XXXX XXXX XXXXXX XXX XXXXXXXXXX XXXXXX
01/05/2011 - R
12/22/2010 - D
Deed
(2010122900095001)
XXXXXXXXXX XXXXXX XXXXXXXX XXXX XXXX XXXXXX XXX
04/19/1995 - R Satisfaction of Mortgage
(3840004726984)
XXXXXXXXXX XXXXXX XXXXXXXXX XXXXXXX
05/12/1993 - R Satisfaction of Mortgage
(3120001771612)
XXXXXXXXX XXXXXXX XXXXX XXXXXXX
09/23/1981 - R
09/21/1981 - D
Mortgage
(38130126300223)
XXXXXXXXXX XXXX XXXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 242 Prospect Park W, 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
$30,998
Municipal exemptions
Recent tax assessments
Market value
$1,956,000
Assessed value
$880,200

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 $1,630,000 $733,500 $249,194 12.439% $30,997 $30,997 +2.75%
2024/25 $1,952,000 $878,400 $241,345 12.5% $30,168 $30,168 +7.95%
2023/24 $1,826,000 $821,700 $223,531 12.502% $27,946 $27,946 +10.04%
2022/23 $2,282,000 $1,026,900 $207,025 12.267% $25,396 $25,396 +8.28%
2021/22 $2,685,000 $1,208,250 $191,692 12.235% $23,454 $23,454 -0.26%
2020/21 $2,904,000 $1,306,800 $191,688 12.267% $23,514 $23,514 +1.55%
2019/20 $2,934,000 $1,320,300 $185,650 12.473% $23,156 $23,156 +6.78%
2018/19 $3,370,000 $1,516,500 $171,947 12.612% $21,686 $21,686 +7.06%
2017/18 $2,890,000 $1,300,500 $159,250 12.719% $20,255 $20,255 +6.55%
2016/17 $2,440,000 $1,098,000 $147,455 12.892% $19,010 $19,010 +0.07%

Permit information for 242 Prospect Park W, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/19/2007 Ll6291-local law 62/91 - boilers
01/06/2006 Ll6291-local law 62/91 - boilers
08/16/1993 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Howard Pl & Windsor Pl at NE Corner
Station lines
F
Distance (miles)
0.085

Access the detailed traffic volume map for 242 Prospect Park W, 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

Frequently asked questions

What is the year built for 242 Prospect Park W, Brooklyn, NY 11215?

The development at 242 Prospect Park W, Brooklyn, NY 11215 was built in 1907.

What is the market value of 242 Prospect Park W, Brooklyn, NY 11215?

The current market value of 242 Prospect Park W, Brooklyn, NY 11215 is $1,956,000.

What is the total square footage of 242 Prospect Park W, Brooklyn, NY 11215?

242 Prospect Park W, Brooklyn, NY 11215 has a total of 5,880 square feet.

What is the price per square foot for this property?

$318 per square foot is the price for 242 Prospect Park W, Brooklyn, NY 11215.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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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