Kings  »  11225  »  Eastern Pkwy  »  542 Eastern Pkwy

542 Eastern Parkway, Brooklyn, NY 11225 - Property report

Also known as: 540-544 Eastern Pkwy

Property image for 542 Eastern Parkway, Brooklyn, NY 11225
static Mapbox map

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

1920

Lot sq. ft.

4,615

Sale price

$2,040,000

General information

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Address
Primary address
542 Eastern Parkway
Alternate address(es)
540-544 Eastern Pkwy
793-801 Nostrand Ave
ZIP code
11225
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01269-0004

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
14,618
Building dimensions
35 ft x 90 ft
Buildings on lot
1
Stories
4
Year built
1920
Building material
Sales
Sale date
06/06/2007
Sale price
$2,040,000
Tax
Tax year
2026-2027
Property tax
$178,196
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
14
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
35.5 ft x 130 ft
Lot sq. ft.
4,615

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
90 /100.  Biker's Paradise
School district
17
Community district
9
Closest police station
0.32 Miles
Closest fire station
0.63 Miles

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

Ownership information for 542 Eastern Parkway, Brooklyn, NY

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

Sales history for 542 Eastern Parkway, Brooklyn, NY 11225

Sale date Sale price Buyer name Seller name
06/06/2007 $2,040,000 XXX XXXXXXX XXXXXXX XXX XXXXXXX XXXXX XXX
12/05/2005 $1,650,000 XXXXXXX XXXXX XXX XXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/02/2026 - R Initial UCC1
(2026063001001006)
XXX XXXXXXX XXXXXXX XXX XXXXX XXXXXXXXX XXXXXXX XXXXXX XXXXX
07/02/2026 - R UCC3 Termination
(2026063001001005)
XXX XXXXXXX XXXXXXX XXX XXXXXXX XXXXXXX XXXX
07/02/2026 - R
06/24/2026 - D
Assignment of Leases and Rents
(2026063001001004)
XXX XXXXXXX XXXXXXX XXX XXXXX XXXXXXXXX XXXXXXX XXXXXX XXXXX
07/02/2026 - R
06/24/2026 - D
Mortgage
(2026063001001003)
XXX XXXXXXX XXXXXXX XXX XXXXX XXXXXXXXX XXXXXXX XXXXXX XXXXX
07/02/2026 - R
06/24/2026 - D
Assignment, Mortgage
(2026063001001002)
XXXXXXX XXXXXXX XXXX XXXXX XXXXX XXXXXXXXX XXXXXXX XXXXXX XXXXX
07/02/2026 - R
06/24/2026 - D
Termination of Assign of L&R
(2026063001001001)
XXXXXXX XXXXXXX XXXX XXXXX XXX XXXXXXX XXXXXXX XXX
02/12/2026 - R UCC3 Continuation
(2026020900448001)
XXX XXXXXXX XXXXXXX XXX XXXXXXXXXXXXXXXX XXXX
04/02/2021 - R UCC3 Continuation
(2021033000993001)
XXX XXXXXXX XXXXXXX XXX XXXXXXXXXXXXXXXX XXXX
04/15/2016 - R Initial UCC1
(2016041200770007)
XXX XXXXXXX XXXXXXX XXX XXXXXXXXXXXXXXXX XXXX
04/15/2016 - R UCC3 Termination
(2016041200770001)
XXX XXXXXXX XXXXXXX XXX XXXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 542 Eastern Parkway, 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
$178,196
Municipal exemptions
Recent tax assessments
Market value
$3,412,000
Assessed value
$1,535,400

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 $3,887,000 $1,749,150 $1,436,415 12.439% $178,676 $178,676 -0.24%
2024/25 $3,744,000 $1,684,800 $1,432,905 12.5% $179,113 $179,113 +1.12%
2023/24 $3,591,000 $1,615,950 $1,416,800 12.502% $177,128 $177,128 +6.10%
2022/23 $3,240,000 $1,458,000 $1,360,980 12.267% $166,951 $166,951 +7.07%
2021/22 $2,865,000 $1,289,250 $1,274,420 12.235% $155,925 $155,925 +4.95%
2020/21 $3,204,000 $1,441,800 $1,211,170 12.267% $148,574 $148,574 +7.66%
2019/20 $3,074,000 $1,383,300 $1,106,410 12.473% $138,003 $138,003 +11.55%
2018/19 $2,739,000 $1,232,550 $980,950 12.612% $123,717 $123,717 +7.40%
2017/18 $2,625,000 $1,181,250 $905,650 12.719% $115,190 $115,190 +9.52%
2016/17 $2,345,000 $1,055,250 $815,850 12.892% $105,179 $105,179 +16.03%

Permit information for 542 Eastern Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/18/2026 Alteration
03/18/2026 Alteration
12/15/2025 Alteration
04/15/2009 Alteration type 2
04/02/2009 Sign

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
02/07/2000 Ll6291-local law 62/91 - boilers
03/16/1999 Ll6291-local law 62/91 - boilers
05/04/1998 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)
0.024

Access the detailed traffic volume map for 542 Eastern Parkway, Brooklyn, NY 11225 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 542 Eastern Parkway, Brooklyn, NY 11225?

The development at 542 Eastern Parkway, Brooklyn, NY 11225 was built in 1920.

What is the market value of 542 Eastern Parkway, Brooklyn, NY 11225?

The current market value of 542 Eastern Parkway, Brooklyn, NY 11225 is $3,412,000.

What is the total square footage of 542 Eastern Parkway, Brooklyn, NY 11225?

542 Eastern Parkway, Brooklyn, NY 11225 has a total of 14,618 square feet.

What is the price per square foot for this property?

$139 per square foot is the price for 542 Eastern Parkway, Brooklyn, NY 11225.

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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