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1242 Fulton Street, Brooklyn, NY 11216 Property Information

1242 Fulton Street, Brooklyn, NY 11216 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1242 Fulton Street, Brooklyn, NY 11216 1
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Address

Primary address 1242 Fulton Street
Secondary address 1242-1244 Fulton St
Neighborhood Bedford-Stuyvesant
Zip code 11216
Borough Brooklyn
Block & lot 01860-0037

Sales & Tax Overview for 1242 Fulton Street, Brooklyn

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Tax class
Estimated property tax $85,559

Lot & Building Information for 1242 Fulton Street, Brooklyn

Lot sqft 5,000
Lot dimensions 50 ft x 100 ft
Building class Predominant Retail with Other Uses (K4)
Building sqft 10,700
Building dimensions 50 ft x 100 ft
Buildings on lot 1
Stories 1
Year built 1910
Year last altered 2023
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Zoning & Use for 1242 Fulton Street, Brooklyn

Zoning
Commercial units 2
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 13
Community district 3
Closest police station 0.65 Miles
Closest fire station 0.32 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 1242 Fulton Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 1242 Fulton Street, Brooklyn, NY 11216, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 1242 Fulton Street, Brooklyn, NY 11216, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 1242-1244 Fulton St, Brooklyn, NY 11216

About 1242 Fulton Street, Brooklyn

How many square feet does 1242 Fulton Street, Brooklyn, NY 11216 have?

This Predominant Retail with Other Uses (K4) located at 1242 Fulton Street, Brooklyn, NY 11216 has a total of 10,700 square feet.

What is the year built & the current market value of 1242 Fulton Street, Brooklyn, NY 11216?

1242 Fulton Street, Brooklyn, NY 11216 was built in 1910 and has a current tax assessor's market value of $2,269,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 1242 Fulton Street, Brooklyn

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Property owner name for 1242 Fulton Street, Brooklyn, NY 11216
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Building contacts for 1242 Fulton Street, Brooklyn, NY 11216
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 1242 Fulton Street, Brooklyn

Create a free account to view the complete sales history for 1242 Fulton Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 1242 Fulton Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
05/09/2025 - D
06/23/2025 - R
Asgn of Asgn of L&R
(2025061700913002)
05/09/2025 - D
06/23/2025 - R
Assignment, Mortgage
(2025061700913001)
02/20/2024 - R UCC3 Assignment
(2024022000090006)
02/20/2024 - R UCC3 Assignment
(2024022000090003)
12/14/2023 - D
02/20/2024 - R
Asgn of Asgn of L&R
(2024022000090005)
12/14/2023 - D
02/20/2024 - R
Assignment, Mortgage
(2024022000090004)
03/12/2023 - D
02/20/2024 - R
Asgn of Asgn of L&R
(2024022000090002)
03/12/2023 - D
02/20/2024 - R
Assignment, Mortgage
(2024022000090001)
11/15/2021 - R UCC3 Continuation
(2021111500067001)
01/24/2017 - R Initial UCC1
(2017012400844001)
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R: Recorded date
D: Document date

Property Taxes for 1242 Fulton Street, Brooklyn

Access detailed property tax data for 1242 Fulton Street, Brooklyn, NY 11216. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $52,004
Estimated property tax: $85,559
Tax assessor's market value: $2,269,000
Assessed value: $1,021,050
Exemptions granted by city:

Assessment History for 1242 Fulton Street, Brooklyn

Here's the assessment & property tax history for 1242 Fulton Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $2,269,000 $1,021,050 $479,390 10.848% $95,314 $52,004 +8.12%
2024/25 $2,205,000 $992,250 $446,925 10.762% $96,435 $48,098 -3.68%
2023/24 $2,422,000 $1,089,900 $471,460 10.592% $99,205 $49,937 -10.43%
2022/23 $2,341,000 $1,053,450 $523,680 10.646% $101,660 $55,751 +91.99%
2021/22 $1,578,000 $710,100 $270,000 10.755% $76,371 $29,038 -57.89%

Permits for 1242 Fulton Street, Brooklyn

The complete history of permits filed for 1242 Fulton Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
12/04/2024 Alteration
11/15/2024 Alteration
10/29/2024 Alteration
10/29/2024 Alteration
09/25/2024 Alteration
09/25/2024 Alteration
09/25/2024 Alteration
09/25/2024 Alteration
09/25/2024 Alteration
08/22/2024 Alteration
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Nostrand Ave & Fulton St at NW Corner
Station lines A-C
Distance (miles) 0.062
View subway map
Bus Routes
Name Fulton St/Nostrand Av
Line B44
Distance (miles) 0.036

Neighbors for 1242 Fulton Street, Brooklyn

Here are the neighbors for 1242 Fulton Street, Brooklyn, NY 11216.

Address Square feet Purchase date Purchase price
1232 Fulton St, Brooklyn 5,760 10/11/2005
1238 Fulton St, Brooklyn 5,184 03/28/2005
1228 Fulton St, Brooklyn 3,447 04/19/2007
1250 Fulton St, Brooklyn 12,500 06/03/2010 $3,561,747
1236 Fulton St, Brooklyn 4,320 04/04/1980
1208 Fulton St, Brooklyn 2,400 07/31/2009 $880,000
1230 Fulton St, Brooklyn 4,320 10/11/2005
1210 Fulton St, Brooklyn 4,194 12/08/2005
1270 Fulton St, Brooklyn 5,400 09/18/2019
1248 Fulton St, Brooklyn 5,100 10/11/2005
544 Nostrand Ave, Brooklyn 3,300 11/07/1997
554 Nostrand Ave, Brooklyn 11,640 06/10/2004
1218 Fulton St, Brooklyn 24,000 01/02/2013
1206 Fulton St, Brooklyn 3,576 09/10/2004
1266 Fulton St, Brooklyn 4,700 07/21/2016
97 Herkimer St, Brooklyn 12/22/2011 $10
1274 Fulton St, Brooklyn 5,400 11/10/2015
1276 Fulton St, Brooklyn 5,530 11/10/2015
105 Herkimer St, Brooklyn 18,150 04/30/2003
1234 Fulton St, Brooklyn 4,320 10/11/2005
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