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242 Central Avenue, Brooklyn, NY 11221 Property Information

242 Central Avenue, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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242 Central Avenue, Brooklyn, NY 11221 1
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Address

Primary address 242 Central Avenue
Secondary address 242 Garage Central Ave
Neighborhood Bushwick
Zip code 11221
Borough Brooklyn
Block & lot 03265-0040

Sales & Tax Overview for 242 Central Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $11,161

Lot & Building Information for 242 Central Avenue, Brooklyn

Lot sqft 2,100
Lot dimensions 25 ft x 83.92 ft
Building class Primarily Five to Six Family with One Store or Office (S5) i
Building sqft 5,000
Building dimensions 25 ft x 50 ft
Buildings on lot 2
Stories 4
Year built 1931
Construction type
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Zoning & Use for 242 Central Avenue, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 5
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 32
Community district 4
Closest police station 0.26 Miles
Closest fire station 0.15 Miles

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

Other Property Data for 242 Central Avenue, Brooklyn

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Floor area ratio (FAR) for 242 Central Avenue, Brooklyn, NY 11221, 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 242 Central Avenue, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 242 Garage Central Ave, Brooklyn, NY 11221
  • 98 Stanhope St, Brooklyn, NY 11221

About 242 Central Avenue, Brooklyn

How many square feet does 242 Central Avenue, Brooklyn, NY 11221 have?

This Primarily Five to Six Family with One Store or Office (S5) located at 242 Central Avenue, Brooklyn, NY 11221 has a total of 5,000 square feet.

What is the year built & the current market value of 242 Central Avenue, Brooklyn, NY 11221?

242 Central Avenue, Brooklyn, NY 11221 was built in 1931 and has a current tax assessor's market value of $1,053,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 242 Central Avenue, Brooklyn

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Property owner name for 242 Central Avenue, Brooklyn, NY 11221
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Building contacts for 242 Central Avenue, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 242 Central Avenue, Brooklyn

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No recorded sales for this property.

Title Documents for 242 Central Avenue, 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
07/22/2021 - D
08/13/2021 - R
Satisfaction of Mortgage
(2021080501224002)
07/20/2021 - D
08/13/2021 - R
Assignment, Mortgage
(2021080501224001)
12/29/2006 - D
01/31/2007 - R
Mortgage
(2007010300810002)
12/02/2006 - D
01/31/2007 - R
Deed
(2007010300810001)
09/19/2006 - D
09/29/2006 - R
Satisfaction of Mortgage
(2006092400101002)
09/19/2006 - D
09/29/2006 - R
Termination of Assign of L&R
(2006092400101001)
11/06/1998 - R Mortgage
(3570006317557)
11/06/1998 - R Assignment, Mortgage
(3410006318841)
07/17/1998 - D
11/06/1998 - R
Deed
(3560006318056)
03/03/1998 - D
11/06/1998 - R
Deed
(3830006318083)
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R: Recorded date
D: Document date

Property Taxes for 242 Central Avenue, Brooklyn

Access detailed property tax data for 242 Central Avenue, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $11,161
Estimated property tax: $11,161
Tax assessor's market value: $1,053,000
Assessed value: $473,850

Assessment History for 242 Central Avenue, Brooklyn

Here's the assessment & property tax history for 242 Central Avenue, 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 $1,053,000 $473,850 $89,729 12.439% $11,161 $11,161 +2.71%
2024/25 $1,122,000 $504,900 $86,938 12.5% $10,867 $10,867 +7.98%
2023/24 $1,041,000 $468,450 $80,499 12.502% $10,064 $10,064 +10.06%
2022/23 $1,052,000 $473,400 $74,543 12.267% $9,144 $9,144 +8.28%
2021/22 $969,000 $436,050 $69,022 12.235% $8,445 $8,445 -0.26%

Permits for 242 Central Avenue, Brooklyn

The complete history of permits filed for 242 Central Avenue, 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
08/14/2020 Alteration
01/25/2018 Alteration
01/15/2015 Alteration type 2
07/11/1995 Alteration type 2
         
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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 Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% 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 Myrtle Ave & Cedar St at NW Corner
Station lines M
Distance (miles) 0.15
View subway map
Bus Routes
Name Myrtle Av/Stockholm St
Line B54
Distance (miles) 0.079

Neighbors for 242 Central Avenue, Brooklyn

Here are the neighbors for 242 Central Avenue, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
119 Himrod St, Brooklyn 2,160 07/29/1999
99 Himrod St, Brooklyn 4,125 07/22/2014 $950,000
90 Stanhope St, Brooklyn 3,200 08/23/2005 $440,000
244 Central Ave, Brooklyn 4,125 10/19/1999
246 Central Ave, Brooklyn 19,729 11/06/2018
252 Central Ave, Brooklyn 4,000 01/21/2004
92 Stanhope St, Brooklyn 3,036 11/01/2022 $1,200,000
86 Stanhope St, Brooklyn 2,400 05/04/2010 $598,181
94 Stanhope St, Brooklyn 2,514 07/30/2025
107 Himrod St, Brooklyn 2,160 02/22/1999
78 Stanhope St, Brooklyn 05/18/1988
97 Himrod St, Brooklyn 4,125 02/18/2009
88 Stanhope St, Brooklyn 1,941 02/28/2005 $418,000
84 Stanhope St, Brooklyn 3,381 07/01/2015 $763,530
115 Himrod St, Brooklyn 2,160 05/03/2017
101 Himrod St, Brooklyn 4,890 01/10/2007 $680,000
96 Stanhope St, Brooklyn 1,108 07/24/2000
82 Stanhope St, Brooklyn 05/18/1988
80 Stanhope St, Brooklyn 05/18/1988
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