New York City » 11213 » Albany Ave » 242 Albany Ave

242 Albany Avenue, Brooklyn, NY 11213 - Property report

Also known as: 242 Albany Ave

Property image for 242 Albany Avenue, Brooklyn, NY 11213

Property type

Two Family Brick (B1)

Year built

1899

Lot sq. ft.

1,785

Sale price

$825,000

General information

Address

Primary address

242 Albany Avenue

ZIP code

11213

Neighborhood

Crown Heights

Borough

Brooklyn

Block & lot

01244-0084

Building

Property type

Two Family Brick (B1)

Building sq. ft.

1,920

Building dimensions

16.67 ft x 45 ft

Buildings on lot

Stories

Year built

1899

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

02/26/2025

Sale price

$825,000

Tax

Tax year

2026-2027

Property tax

$4,837

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)

Albany Avenue (wide)

Distance to wide street

Lot dimensions

16.67 ft x 103.92 ft

Lot sq. ft.

1,785

Area overview

Walk score

90 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

91 /100. Biker's Paradise

School district

Community district

Closest police station

0.48 Miles

Closest fire station

0.28 Miles

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

Ownership

Ownership information for 242 Albany Avenue, 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 Albany Avenue, Brooklyn, NY 11213

Sale date	Sale price	Buyer name	Seller name
02/26/2025	$825,000	XXX XXXXXX XXX	XXXXXXXX XXXX XXXX XXXXX XXX XXXXXX XXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/11/2025 - R	Initial UCC1 (2025070700354005)	XXX XXXXXX XXX	XXXXXXX XXXXXXX XXX
07/11/2025 - R	Initial UCC1 (2025070700354004)	XXX XXXXXX XXX	XXXXXXX XXXXXXX XXX
07/11/2025 - R 04/07/2025 - D	Assignment, Mortgage (2025070700354003)	XXXXXXX XXXXXXX XXX	XXXXXXX XXXXXXXX XXXXXX
07/11/2025 - R 04/07/2025 - D	Assignment, Mortgage (2025070700354002)	XXXXXXX XXXXXXX XXX	XXXXXXX XXXXXXXX XXXXXX
07/11/2025 - R 04/01/2025 - D	Assignment of Leases and Rents (2025070700354001)	XXX XXXXXX XXX	XXXXXXX XXXXXXX XXX
06/12/2025 - R 04/01/2025 - D	Assignment of Leases and Rents (2025061100532001)	XXX XXXXXX XXX	XXXXXXX XXXXXXX XXX
04/15/2025 - R 04/01/2025 - D	Mortgage (2025041100670002)	XXX XXXXXX XXX	XXXXXXX XXXXXXX XXX
04/15/2025 - R 04/01/2025 - D	Mortgage (2025041100670001)	XXX XXXXXX XXX	XXXXXXX XXXXXXX XXX
03/03/2025 - R 02/26/2025 - D	Deed (2025022800302001)	XXXXXXXX XXXX XXXX XXXXX	XXX XXXXXX XXX
03/20/2024 - R 03/05/2024 - D	Satisfaction of Mortgage (2024030500512001)	XXXX XXXXXXXX	XXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 242 Albany Avenue, 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

$4,837

Municipal exemptions

Recent tax assessments

Market value

$1,265,000

Assessed value

$75,900

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	$1,239,000	$74,340	$22,997	19.843%	$4,563	$4,563	+4.72%
2024/25	$1,120,000	$67,200	$21,696	20.085%	$4,358	$4,358	0.00%
2023/24	$1,374,000	$82,440	$21,696	20.085%	$4,358	$4,358	-0.34%
2022/23	$1,417,000	$85,020	$21,530	20.309%	$4,373	$4,373	+7.83%
2021/22	$1,272,000	$76,320	$20,314	19.963%	$4,055	$4,055	+0.54%
2020/21	$1,063,000	$63,780	$19,164	21.045%	$4,033	$4,033	+5.38%
2019/20	$933,000	$55,980	$18,080	21.167%	$3,827	$3,827	+1.19%
2018/19	$980,000	$58,800	$18,080	20.919%	$3,782	$3,782	+3.41%
2017/18	$621,000	$37,260	$17,942	20.385%	$3,657	$3,657	+8.08%
2016/17	$460,000	$27,600	$16,928	19.991%	$3,384	$3,384	+8.37%

Permits

Permit information for 242 Albany Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/23/2026	Alteration
03/19/2026	Alteration
12/31/2025	Alteration
12/29/2025	Alteration
09/29/2025	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

Crown Heights North residential market stats

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

Median sale price

—

Median price/sq. ft.

—

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

Kingston Ave & Eastern Pkwy at SE Corner

Station lines

Distance (miles)

0.251

View subway map

Access the detailed traffic volume map for 242 Albany Avenue, Brooklyn, NY 11213 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. 289 George V Brower	7	Yes	Public	PK, K-5	283	0.20
P.S. 289 George V Brower	7	Yes	Public	PK, K-5	283	0.20
Ateres Chaya	NR	No	Private	K-5	29	0.03
Arista Prep Academy & Nursery School	NR	No	Private	PK-8	70	0.11
Arista Prep Academy & Nursery School	NR	No	Private	PK-8	70	0.11
KIPP AMP Charter School	7	No	Charter	K-9	871	0.12
The Cush Campus Schools	NR	No	Private	PK, K-4, 6-7	0	0.13
The Cush Campus Schools	NR	No	Private	PK, K-4, 6-7	0	0.13
P.S. 243 the Weeksville School	2	No	Public	PK, K-5	179	0.32
P.S. 243 the Weeksville School	2	No	Public	PK, K-5	179	0.32

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
The School Of Integrated Learning	7	Yes	Public	6-8	199	0.12
Arista Prep Academy & Nursery School	NR	No	Private	PK-8	70	0.11
KIPP AMP Charter School	7	No	Charter	K-9	871	0.12
The Cush Campus Schools	NR	No	Private	PK, K-4, 6-7	0	0.13
Arista Prep School	NR	No	Private	1-8	0	0.20
Cheder at the Ohel	NR	No	Private	1-8	58	0.26
Launch Expeditionary Learning Charter School	7	No	Charter	6-8	261	0.32
Educational Institute Oholei Torah-Oholei Menachem	NR	No	Private	K-12	1,500	0.37
Uncommon New York City Charter #1	NR	No	Charter		0	0.40

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Boys and Girls High School	2	Yes	Public	9-12	403	0.57
United Lubavitcher Yeshivoth	NR	No	Private	9-12	0	0.20
Academy for Health Careers	2	No	Public	9-12	231	0.21
Pathways Tech Early College High School	NR	No	Public	9-12	520	0.21
Educational Institute Oholei Torah-Oholei Menachem	NR	No	Private	K-12	1,500	0.37
Educational Institute Onolei	NR	No	Private	PK, K-12	0	0.39
Uncommon New York City Charter #1	NR	No	Charter		0	0.40
Yeshiva Beis Chaya Mushka	NR	No	Private	PK, K-12	0	0.42
Machon Chana	NR	No	Private	9-12	62	0.48
Research And Service High School	2	No	Public	10-12	181	0.57

Frequently asked questions

What is the year built for 242 Albany Avenue, Brooklyn, NY 11213?

The development at 242 Albany Avenue, Brooklyn, NY 11213 was built in 1899.

What is the total square footage of 242 Albany Avenue, Brooklyn, NY 11213?

242 Albany Avenue, Brooklyn, NY 11213 has a total of 1,920 square feet.

When was 242 Albany Avenue, Brooklyn, NY 11213 last sold and what was the sale price?

242 Albany Avenue, Brooklyn, NY 11213 was last sold on 02/26/2025 for $825,000.

What is the assessed value of 242 Albany Avenue, Brooklyn, NY 11213?

242 Albany Avenue, Brooklyn, NY 11213 is currently assessed at $75,900.

What are the property taxes for 242 Albany Avenue, Brooklyn, NY 11213?

The property taxes for 242 Albany Avenue, Brooklyn, NY 11213 total $4,837.

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.