New York City  »  11208  »  Chestnut St  »  242 Chestnut St

242 Chestnut Street, Brooklyn, NY 11208 - Property report

Also known as: 242 Rear Chestnut St

Property image for 242 Chestnut Street, Brooklyn, NY 11208
static Mapbox map

Property type

Unlicensed Parking Lot (G7)

Lot sq. ft.

11,250

Sale price

$1

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
242 Chestnut Street
Alternate address(es)
242 Rear Chestnut St
244-250 Chestnut St
ZIP code
11208
Neighborhood
East New York
Borough
Brooklyn
Block & lot
04141-0030

Owner

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Building
Property type
Unlicensed Parking Lot (G7)
Buildings on lot
3
Sales
Sale date
11/29/2024
Sale price
$1
Tax
Tax year
2026-2027
Property tax
$21,762
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Chestnut Street (narrow)
Nearest wide street
Atlantic Avenue
Distance to wide street
Lot dimensions
75 ft x 150 ft
Lot sq. ft.
11,250

Area overview

Walk score
79 /100.  Very Walkable
Transit score
89 /100.  Excellent Transit
Bike score
59 /100.  Bikeable
School district
19
Community district
5
Closest police station
0.77 Miles
Closest fire station
0.31 Miles

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

Ownership

Ownership information for 242 Chestnut Street, Brooklyn, NY

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

Sales history for 242 Chestnut Street, Brooklyn, NY 11208

Sale date Sale price Buyer name Seller name
11/29/2024 $1 XXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXX XXX
07/29/2015 $36,000,000 XXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXX XXX XXXXXXXX XXXXXXXX, XXX
05/24/2004 $5,000,000 XXXX XXXXXXXX XXXXXX, XXX XXXX XXXXX XXXXX, XXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/10/2024 - R
11/29/2024 - D		 Deed
(2024120500379001)		 XXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXX XXX XXXXXXXX XXXXXXXXXX XXX
01/28/2019 - R
10/03/2018 - D		 Deed
(2019012201259001)		 XXXX XXXXXXXX XXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXX XXX
10/15/2015 - R UCC3 Termination
(2015101301454001)		 XXXXXXXX XXXXXXXX XXX XXX XXXX XXXXXX XXX
08/26/2015 - R UCC3 Assignment
(2015080400799001)		 XXXX XXXXXXXX XXXXXX XXX XXXXXXXXXXX XXXXXX XXXXX
08/26/2015 - R
07/29/2015 - D		 Deed
(2015080400799006)		 XXXXXXXX XXXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXX XXX
08/26/2015 - R
07/29/2015 - D		 Satisfaction of Mortgage
(2015080400799003)		 XXXXXXXX XXXXXXXX XXX XXX XXXX XXXXXX XXX
08/26/2015 - R
07/27/2015 - D		 Asgn of Asgn of L&R
(2015080400799004)		 XXXXXXXXXXX XXXXXX XXXXX XXX XXXX XXXXXX XXX
08/26/2015 - R
07/27/2015 - D		 Assignment, Mortgage
(2015080400799002)		 XXXXXXXXXXX XXXXXX XXXXX XXX XXXX XXXXXX XXX
08/26/2015 - R
07/09/2015 - D		 Termination of Assign of L&R
(2015080400799005)		 XXXXXXXX XXXXXXXX XXX XXX XXXX XXXXXX XXX
07/07/2014 - R UCC3 Assignment
(2014062300622006)		 XXXXX XXXXXXXX XXXXXX XXX XXX XXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 242 Chestnut Street, 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
$21,762
Municipal exemptions
Recent tax assessments
Market value
$608,000
Assessed value
$273,600

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 $510,000 $229,500 $167,850 10.848% $18,208 $18,208 +19.89%
2024/25 $469,000 $211,050 $141,120 10.762% $15,187 $15,187 +22.65%
2023/24 $362,000 $162,900 $116,910 10.592% $12,383 $12,383 +10.37%
2022/23 $280,000 $126,000 $105,390 10.646% $11,220 $11,220 -2.67%
2021/22 $244,000 $109,800 $107,190 10.755% $11,528 $11,528 +12.47%
2020/21 $213,000 $95,850 $95,850 10.694% $10,250 $10,250 n/a
2019/20 $200,000 $90,000 $0 10.537% $9,483 $0 n/a
2018/19 $234,000 $105,300 $0 10.514% $11,071 $0 n/a
2017/18 $300,000 $135,000 $0 10.514% $12,306 $0 n/a
2016/17 $283,000 $127,350 $0 10.574% $11,301 $0 n/a
Permits

Permit information for 242 Chestnut Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/27/2000 Full demolition
11/27/2000 Full demolition
11/27/2000 Full demolition
11/27/2000 Full demolition
11/27/2000 Full demolition

*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

Cypress Hills, City Line residential market stats

Access a detailed real estate market overview of Cypress Hills, City Line so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Cypress Hills, City Line 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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Norwood
Station lines
J-Z
Distance (miles)
0.181
View subway map

Access the detailed traffic volume map for 242 Chestnut Street, Brooklyn, NY 11208 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. 938 NR Yes Public PK, K-2 140 0.06
P.S. 938 NR Yes Public PK, K-2 140 0.06
P.S. 65 7 Yes Public PK, K-5 471 0.37
P.S. 65 7 Yes Public PK, K-5 471 0.37
MS 935 7 No Public 6 181 0.06
Blessed Sacrament School NR No Private PK, K-8 283 0.17
Blessed Sacrament School NR No Private PK, K-8 283 0.17
St Peter's Lutheran School NR No Private PK, K-2 132 0.32
St Peter's Lutheran School NR No Private PK, K-2 132 0.32
Followers of Jesus School NR No Private 1-12 36 0.39
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
MS 935 7 Yes Public 6 181 0.06
Blessed Sacrament School NR No Private PK, K-8 283 0.17
Followers of Jesus School NR No Private 1-12 36 0.39
Is 171 Abraham Lincoln 3 No Public 6-8 264 0.42
HIGHLAND PARK COMMUNITY SCHOOL 5 No Public 6-8 277 0.42
Achievement First Apollo Charter School 6 No Charter K-8 912 0.55
Vista Academy 7 No Public 6-8 418 0.55
Liberty Avenue Middle School 4 No Public 6-8 439 0.55
P.S. 89 Cypress Hills 3 No Public PK, K-8 474 0.65
Salve Regina Catholic Academy NR No Private PK-8 412 0.73
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Transit Tech Career and Technical Education High School 4 No Public 9-12 805 0.21
Followers of Jesus School NR No Private 1-12 36 0.39
Brooklyn Lab School 5 No Public 9-12 395 0.83
URBAN ASSEMBLY SCHOOL FOR COLLABORATIVE HEALTHCARE NR No Public 9-12 337 0.83
Academy of Innovative Technology 4 No Public 9-12 406 0.83
Multicultural High School 4 No Public 9-12 335 0.83
Cypress Hills Collegiate Preparatory School 4 No Public 9-12 404 0.83
The School For Classics: An Academy Of Thinkers 2 No Public 9-12 269 0.85
W H Maxwell Career and Technical Education High School 2 No Public 9-12 408 1.21
High School For Civil Rights 2 No Public 9-12 140 1.47

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 242 Chestnut Street, Brooklyn, NY

111 Dinsmore Pl, Brooklyn 275 Euclid Ave, Brooklyn 234 Chestnut St, Brooklyn 232 Chestnut St, Brooklyn 3244 Fulton St, Brooklyn 3234 Fulton St, Brooklyn 3242 Fulton St, Brooklyn 3224 Fulton St, Brooklyn 3238 Fulton St, Brooklyn 223-257 Logan St, Brooklyn 3236 Fulton St, Brooklyn 3325 Atlantic Ave, Brooklyn 279 Euclid Ave, Brooklyn 3226 Fulton St, Brooklyn 3240 Fulton St, Brooklyn 3232 Fulton St, Brooklyn 3230 Fulton St, Brooklyn 3220 Fulton St, Brooklyn 277 Euclid Ave, Brooklyn

Nearby ZIP codes for 242 Chestnut Street, Brooklyn, NY

11207, New York City, NY 11212, New York City, NY 11221, New York City, NY 11233, New York City, NY 11236, New York City, NY 11237, New York City, NY 11239, New York City, NY 11374, New York City, NY 11375, New York City, NY 11379, New York City, NY 11385, New York City, NY 11414, New York City, NY 11415, New York City, NY 11416, New York City, NY 11417, New York City, NY 11418, New York City, NY 11419, New York City, NY 11420, New York City, NY 11421, New York City, NY 11424, New York City, NY

Frequently asked questions

When was 242 Chestnut Street, Brooklyn, NY 11208 last sold and what was the sale price?

242 Chestnut Street, Brooklyn, NY 11208 was last sold on 11/29/2024 for $1.

What is the assessed value of 242 Chestnut Street, Brooklyn, NY 11208?

242 Chestnut Street, Brooklyn, NY 11208 is currently assessed at $273,600.

What are the property taxes for 242 Chestnut Street, Brooklyn, NY 11208?

The property taxes for 242 Chestnut Street, Brooklyn, NY 11208 total $21,762.

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