New York City  »  11226  »  Flatbush Ave  »  1042 Flatbush Ave

1042 Flatbush Avenue, Brooklyn, NY 11226 - Property report

Also known as: 1042 Flatbush Ave

Property image for 1042 Flatbush Avenue, Brooklyn, NY 11226
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1930

Lot sq. ft.

1,805

Sale price

$400,000

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
1042 Flatbush Avenue
ZIP code
11226
Neighborhood
Flatbush
Borough
Brooklyn
Block & lot
05125-0064

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
4,000
Building dimensions
20 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1930
Last altered
2013
Building material
Sales
Sale date
03/17/2009
Sale price
$400,000
Tax
Tax year
2026-2027
Property tax
$9,246
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 90.25 ft
Lot sq. ft.
1,805

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
22
Community district
14
Closest police station
1.31 Miles
Closest fire station
0.57 Miles

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

Ownership

Ownership information for 1042 Flatbush Avenue, Brooklyn, NY

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

Sales history for 1042 Flatbush Avenue, Brooklyn, NY 11226

Sale date Sale price Buyer name Seller name
03/17/2009 $400,000 XXXXXX, XXX XXX XXXXXX XXX
10/27/2005 $725,000 XXX XXXXXX XXX XXXX XXXXXX XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/20/2014 - R
11/05/2014 - D		 Assignment of Leases and Rents
(2014111300346002)		 XXXXXX XXX XXXXXXXXXX XXXX
11/20/2014 - R
11/05/2014 - D		 Mortgage
(2014111300346001)		 XXXXXX XXX XXXXXXXXXX XXXX
03/30/2012 - R
03/21/2012 - D		 Satisfaction of Mortgage
(2012032300984001)		 XXXXXX XXX XXXXXXX XXXX
01/25/2010 - R UCC3 Termination
(2010010500968003)		 XXX XXXXXX XXX XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX
01/25/2010 - R
04/02/2009 - D		 Termination of Assign of L&R
(2010010500968002)		 XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX XXX XXXXXX XXX
01/25/2010 - R
04/02/2009 - D		 Satisfaction of Mortgage
(2010010500968001)		 XXX XXXXXX XXX XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX
04/07/2009 - R
03/17/2009 - D		 Mortgage
(2009031900293003)		 XXXXXX XXX XXXXXXX XXXX
04/07/2009 - R
03/17/2009 - D		 Deed
(2009031900293001)		 XXX XXXXXX XXX XXXXXX XXX
12/13/2005 - R Correction Document Real Prop.
(2005120601617001)		 XXXXXX XXXXXXXXX XXXXXXXX XXXXXXXX XXXXXX XXXXX XXXXXXX
11/30/2005 - R
10/27/2005 - D		 Initial UCC1
(2005110302356004)		 XXX XXXXXX XXX XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1042 Flatbush Avenue, 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
$9,246
Municipal exemptions
Recent tax assessments
Market value
$1,777,000
Assessed value
$106,620

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 $1,713,000 $102,780 $43,960 19.843% $8,723 $8,723 +4.72%
2024/25 $1,772,000 $106,320 $41,472 20.085% $8,330 $8,330 0.00%
2023/24 $1,566,000 $93,960 $41,472 20.085% $8,330 $8,330 -0.35%
2022/23 $1,444,000 $86,640 $41,160 20.309% $8,359 $8,359 +7.83%
2021/22 $1,236,000 $74,160 $38,831 19.963% $7,752 $7,752 +0.55%
2020/21 $782,000 $46,920 $36,634 21.045% $7,710 $7,710 +5.39%
2019/20 $680,000 $40,800 $34,560 21.167% $7,315 $7,315 +1.19%
2018/19 $800,000 $48,000 $34,560 20.919% $7,230 $7,230 +3.40%
2017/18 $746,000 $44,760 $34,300 20.385% $6,992 $6,992 +8.09%
2016/17 $622,000 $37,320 $32,359 19.991% $6,469 $6,469 +8.37%
Permits

Permit information for 1042 Flatbush Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/30/2013 Alteration type 2
03/24/2010 Alteration type 1
08/31/2009 Alteration type 2
05/21/2009 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

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

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
Marlborough Rd & Beverly Rd at SE Corner
Station lines
B-Q
Distance (miles)
0.336
View subway map

Access the detailed traffic volume map for 1042 Flatbush Avenue, Brooklyn, NY 11226 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

Neighbors for 1042 Flatbush Avenue, Brooklyn, NY

2105 Beverley Rd, Brooklyn 1032 Flatbush Ave, Brooklyn 2112 Regent Pl, Brooklyn 2102 Regent Pl, Brooklyn 1050 Flatbush Ave, Brooklyn 1024 Flatbush Ave, Brooklyn 1016 Flatbush Ave, Brooklyn 1044 Flatbush Ave, Brooklyn 1052 Flatbush Ave, Brooklyn 1056 Flatbush Ave, Brooklyn 2107 Beverley Rd, Brooklyn 369 E 21st St, Brooklyn 2106 Regent Pl, Brooklyn 325 E 21st St, Brooklyn 2108 Regent Pl, Brooklyn 1048 Flatbush Ave, Brooklyn 1054 Flatbush Ave, Brooklyn 2116 Regent Pl, Brooklyn 2107 Regent Pl, Brooklyn 1046 Flatbush Ave, Brooklyn

Nearby ZIP codes for 1042 Flatbush Avenue, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11205, New York City, NY 11210, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11221, New York City, NY 11223, New York City, NY 11225, New York City, NY 11229, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11233, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 1042 Flatbush Avenue, Brooklyn, NY 11226?

The development at 1042 Flatbush Avenue, Brooklyn, NY 11226 was built in 1930.

What is the market value of 1042 Flatbush Avenue, Brooklyn, NY 11226?

The current market value of 1042 Flatbush Avenue, Brooklyn, NY 11226 is $1,777,000.

What is the total square footage of 1042 Flatbush Avenue, Brooklyn, NY 11226?

1042 Flatbush Avenue, Brooklyn, NY 11226 has a total of 4,000 square feet.

What is the price per square foot for this property?

$100 per square foot is the price for 1042 Flatbush Avenue, Brooklyn, NY 11226.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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