New York City  »  11203  »  E 42nd St  »  723 E 42nd St

723 East 42nd Street, Brooklyn, NY 11203 - Property report

Also known as: 723 Garage E 42nd St

Property image for 723 East 42nd Street, Brooklyn, NY 11203
static Mapbox map

Property type

Two Family Brick (B1)

Year built

1930

Lot sq. ft.

1,767

Sale price

$470,000

General information

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Address
Primary address
723 East 42nd Street
Alternate address(es)
723 Garage E 42nd St
ZIP code
11203
Neighborhood
East Flatbush
Borough
Brooklyn
Block & lot
04989-0051

Owner

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Building
Property type
Two Family Brick (B1)
Building sq. ft.
1,785
Building dimensions
17.67 ft x 35 ft
Buildings on lot
2
Stories
2
Year built
1930
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Garage type
Detached, Frame Garage
Sales
Sale date
10/07/2016
Sale price
$470,000
Tax
Tax year
2026-2027
Property tax
$6,162
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 42 Street (narrow)
Nearest wide street
Farragut Road
Distance to wide street
Lot dimensions
17.67 ft x 100 ft
Lot sq. ft.
1,767

Area overview

Walk score
76 /100.  Very Walkable
Transit score
89 /100.  Excellent Transit
Bike score
58 /100.  Bikeable
School district
22
Community district
17
Closest police station
0.70 Miles
Closest fire station
0.74 Miles

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

Ownership information for 723 East 42nd Street, Brooklyn, NY

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

Sales history for 723 East 42nd Street, Brooklyn, NY 11203

Sale date Sale price Buyer name Seller name
10/07/2016 $470,000 XXXXXXX, XXXXXXXXXX XXXXXXX XXXXXXX XXXXX XXX.
04/26/2016 $218,500 XXXXXXX XXXXXXX XXXXX XXX. XXXXXXX, 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
12/12/2024 - R
11/21/2024 - D
Mortgage
(2024120900381001)
XXXXXXX XXXXXXXXXX XXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX
09/09/2021 - R
06/15/2021 - D
Mortgage and Consolidation
(2021090300623001)
XXXXXXX XXXXXXXXXX XXXXXXXX XXXX XXXXXXXXX XXX
06/03/2021 - R
05/26/2021 - D
Assignment, Mortgage
(2021052601381001)
XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX XX XXXXXXXX XXXX XXXXXXXXX XXX
11/09/2016 - R
10/07/2016 - D
Mortgage
(2016102800599002)
XXXXXXX XXXXXXXXXX XXXX
11/09/2016 - R
10/07/2016 - D
Deed
(2016102800599001)
XXXXXXX XXXXXXX XXXXX XXX XXXXXXX XXXXXXXXXX
07/26/2016 - R
05/20/2016 - D
Satisfaction of Mortgage
(2016052300124001)
XXXXXXX XXXXXXX XXXXXXXXXX XXXXXXXX XXX XXX XXXXXXXX XXXXXXXX
06/27/2017 - R
05/20/2016 - D
Assignment, Mortgage
(2016052300093001)
XXXXXXXXXX XXXXXXXX XXXXXXX XXXXXXXXXX XXXXXXXX XXX XXXXXXX XXXXXXXX
05/13/2016 - R
05/02/2016 - D
Satisfaction of Mortgage
(2016050300400001)
XXXXXXX XXXXXXX XXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX
05/27/2016 - R
04/26/2016 - D
Deed
(2016052000563002)
XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXX XXX
05/27/2016 - R
04/26/2016 - D
Power of Attorney
(2016052000563001)
XXXXXXX XXXXXXX XXXXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 723 East 42nd 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
$6,162
Municipal exemptions
Recent tax assessments
Market value
$720,000
Assessed value
$43,200

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 $827,000 $49,620 $31,054 19.843% $6,162 $6,162 +4.61%
2024/25 $707,000 $42,420 $29,327 20.085% $5,890 $5,890 +6.00%
2023/24 $856,000 $51,360 $27,667 20.085% $5,557 $5,557 -0.24%
2022/23 $732,000 $43,920 $27,427 20.309% $5,570 $5,570 +7.82%
2021/22 $682,000 $40,920 $25,878 19.963% $5,166 $5,166 -5.14%
2020/21 $637,000 $38,220 $25,878 21.045% $5,446 $5,446 +5.28%
2019/20 $589,000 $35,340 $24,439 21.167% $5,173 $5,173 +7.26%
2018/19 $517,000 $31,020 $23,056 20.919% $4,823 $4,823 +3.52%
2017/18 $508,000 $30,480 $22,856 20.385% $4,659 $4,659 +214.87%
2016/17 $445,000 $26,700 $7,402 19.991% $4,311 $1,480 +3.07%

Permit information for 723 East 42nd Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
09/25/2014 B
09/25/2014 B
09/24/2012 A

*Most recent HPD violations on record for this property.

East Flatbush, Farragut residential market stats

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
Nostrand Ave & Newkirk Ave at SE Corner
Station lines
2-5
Distance (miles)
0.643

Access the detailed traffic volume map for 723 East 42nd Street, Brooklyn, NY 11203 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. 198 5 Yes Public PK, K-5 293 0.04
P.S. 198 5 Yes Public PK, K-5 293 0.04
P.S. 109 4 No Public PK, K-8 520 0.20
P.S. 109 4 No Public PK, K-8 520 0.20
Great Oaks Elementary School NR No Private K-8 116 0.28
St Catherine Genoa-St Therese Lisieu NR No Private PK-8 199 0.29
St Catherine Genoa-St Therese Lisieu NR No Private PK-8 199 0.29
St. Therese of Lisieux School NR No Private PK, K-8 0 0.30
St. Therese of Lisieux School NR No Private PK, K-8 0 0.30
P.S. 208 Elsa Ebeling 7 No Public PK, K-5 266 0.45
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Andries Hudde School 3 Yes Public 6-8 423 1.10
P.S. 109 4 No Public PK, K-8 520 0.20
Great Oaks Elementary School NR No Private K-8 116 0.28
St Catherine Genoa-St Therese Lisieu NR No Private PK-8 199 0.29
St. Therese of Lisieux School NR No Private PK, K-8 0 0.30
St. Vincent Ferrer School NR No Private PK, K-8 0 0.39
New Vistas Academy NR No Private K-12 66 0.46
Central Brooklyn Ascend Charter 8 No Charter K-8 778 0.68
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Catherine Mc Auley High School NR No Private 9-12 185 0.30
Cristo Rey Brooklyn High School NR No Private 9-12 297 0.31
Cristo Rey Brooklyn High School NR No Private 9-12 302 0.31
New Vistas Academy NR No Private K-12 66 0.46
New Vistas Academy NR No Private 1-12 0 0.50
Midwood High School 7 No Public 9-12 4,062 0.96
Academy for Conservation and the Environment 4 No Public 9-12 383 0.97
Brooklyn Community High School for Excellence and Equity 3 No Public 9-12 181 0.97
Brooklyn Theatre Arts High School 4 No Public 9-12 216 0.97
Victory Collegiate High School 2 No Public 9-12 264 0.97

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

Frequently asked questions

What is the year built for 723 East 42nd Street, Brooklyn, NY 11203?

The development at 723 East 42nd Street, Brooklyn, NY 11203 was built in 1930.

What is the total square footage of 723 East 42nd Street, Brooklyn, NY 11203?

723 East 42nd Street, Brooklyn, NY 11203 has a total of 1,785 square feet.

When was 723 East 42nd Street, Brooklyn, NY 11203 last sold and what was the sale price?

723 East 42nd Street, Brooklyn, NY 11203 was last sold on 10/07/2016 for $470,000.

What is the assessed value of 723 East 42nd Street, Brooklyn, NY 11203?

723 East 42nd Street, Brooklyn, NY 11203 is currently assessed at $43,200.

What are the property taxes for 723 East 42nd Street, Brooklyn, NY 11203?

The property taxes for 723 East 42nd Street, Brooklyn, NY 11203 total $6,162.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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