Kings  »  11216  »  New York Ave  »  242 New York Ave

242 New York Avenue, Brooklyn, NY 11216 - Property report

Also known as: 242 New York Ave

Property image for 242 New York Avenue, Brooklyn, NY 11216
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Property type

Over Six Families without Stores (C1)

Year built

1929

Lot sq. ft.

3,000

General information

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Address
Primary address
242 New York Avenue
ZIP code
11216
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01248-0073

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
7,984
Building dimensions
30 ft x 80 ft
Buildings on lot
1
Stories
4
Year built
1929
Tax
Tax year
2026-2027
Property tax
$19,532
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
8
Residential sq. ft.
Lot
Lot dimensions
30 ft x 100 ft
Lot sq. ft.
3,000

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
93 /100.  Biker's Paradise
School district
17
Community district
8
Closest police station
0.49 Miles
Closest fire station
0.68 Miles

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

Ownership information for 242 New York Avenue, Brooklyn, NY

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

Sales history for 242 New York Avenue, Brooklyn, NY 11216

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/04/2025 - R
02/17/2025 - D
Deed
(2025030300576001)
XXXXXXXX XXXXX XXXXX XXXXXXXX XXXXXXX
05/05/2021 - R
04/28/2021 - D
Landmark Designation
(2021042801006001)
XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
07/08/2008 - R
01/14/2008 - D
Deed
(2008070200119001)
XXXXXXXX XXXXXX XXXXXXXX XXXXX
05/18/2007 - R
05/16/2007 - D
UCC3 Continuation
(2007051601129003)
XXXXXXXX XXXXXX XXXX XXXXXXX XXX XXX
07/11/2002 - R Initial UCC1
(3900008709290)
XXXXXXXX XXXXXXX XXXX XXXXXXX XXX XXX
06/14/1989 - R Satisfaction of Mortgage
(3020001461102)
XXXXXXXX XXXXXX XXXXX XXXXXXX XXXXXXX XX
05/31/1989 - R Assignment, Mortgage
(3670001457467)
XXXXXXX XXXXXXXXX XXX XXXXXXXX XXXXXXXX XXXX
05/31/1989 - R Mortgage
(3660001457466)
XXXXXXXX XXXXXX XXXXXXX XXXXXXXXX XXXX
01/24/1984 - R Assignment, Mortgage
(3320000998932)
XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXXX XX XXXX
01/24/1984 - R Mortgage
(3310000998931)
XXXXXXXX XXXXXX XXXXX XXXXXXX XXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 242 New York 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
$19,532
Municipal exemptions
Recent tax assessments
Market value
$2,197,000
Assessed value
$988,650

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 $1,884,000 $847,800 $145,166 12.439% $18,342 $18,057 +7.49%
2024/25 $1,687,000 $759,150 $134,386 12.5% $17,067 $16,798 +8.26%
2023/24 $1,563,000 $703,350 $124,112 12.502% $15,807 $15,516 +1.97%
2022/23 $1,594,000 $717,300 $124,042 12.267% $15,509 $15,216 +3.60%
2021/22 $1,436,000 $646,200 $120,040 12.235% $14,988 $14,687 +7.83%
2020/21 $1,573,000 $707,850 $111,038 12.267% $13,914 $13,621 +6.34%
2019/20 $1,510,000 $679,500 $102,698 12.473% $13,100 $12,810 +7.13%
2018/19 $1,676,000 $754,200 $94,805 12.612% $12,266 $11,957 -1.02%
2017/18 $1,421,000 $639,450 $94,975 12.719% $12,370 $12,080 +1.99%
2016/17 $1,289,000 $580,050 $91,871 12.892% $12,148 $11,844 +8.28%

Permit information for 242 New York Avenue, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
02/24/2017 Lblvio-low pressure boiler
10/01/2015 Lblvio-low pressure boiler
01/01/2009 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
Nostrand Ave & Eastern Pkwy at SE Corner
Station lines
3
Distance (miles)
0.205

Access the detailed traffic volume map for 242 New York Avenue, Brooklyn, NY 11216 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 New York Avenue, Brooklyn, NY 11216?

The development at 242 New York Avenue, Brooklyn, NY 11216 was built in 1929.

What is the total square footage of 242 New York Avenue, Brooklyn, NY 11216?

242 New York Avenue, Brooklyn, NY 11216 has a total of 7,984 square feet.

What is the assessed value of 242 New York Avenue, Brooklyn, NY 11216?

242 New York Avenue, Brooklyn, NY 11216 is currently assessed at $988,650.

What are the property taxes for 242 New York Avenue, Brooklyn, NY 11216?

The property taxes for 242 New York Avenue, Brooklyn, NY 11216 total $19,531.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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