New York City  »  11219  »  42nd St  »  1118 42nd St

1118 42nd Street, Brooklyn, NY 11219 - Property report

Also known as: 1118 42nd St

Property image for 1118 42nd Street, Brooklyn, NY 11219
static Mapbox map

Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

3,255

Sale price

$1,920,000

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
1118 42nd Street
ZIP code
11219
Neighborhood
Borough Park
Borough
Brooklyn
Block & lot
05597-0015

Owner

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Building
Property type
Zoned Commercial or Manhattan Residential (V1)
Last altered
2024
Building material
Sales
Sale date
03/29/2023
Sale price
$1,920,000
Tax
Tax year
2026-2027
Property tax
$11,603
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
32.5 ft x 100.17 ft
Lot sq. ft.
3,255

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
87 /100.  Excellent Transit
Bike score
72 /100.  Very Bikeable
School district
15
Community district
12
Closest police station
1.04 Miles
Closest fire station
0.09 Miles

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

Ownership information for 1118 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 1118 42nd Street, Brooklyn, NY 11219

Sale date Sale price Buyer name Seller name
03/29/2023 $1,920,000 XXXX XX XXX XXXXX, XXXXXX XXX XXXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/23/2026 - R Initial UCC1
(2026042300447007)
XXXX XX XXX XXXXXXXXX XXXXXXX XXX
04/23/2026 - R
04/20/2026 - D
Assignment of Leases and Rents
(2026042300447006)
XXXX XX XXX XXXXXXXXX XXXXXXX XXX
04/23/2026 - R
04/20/2026 - D
Mortgage
(2026042300447005)
XXXX XX XXX XXXXXXXXX XXXXXXX XXX
04/23/2026 - R
04/20/2026 - D
Assignment of Leases and Rents
(2026042300447004)
XXXX XX XXX XXXXXXXXX XXXXXXX XXX
04/23/2026 - R
04/20/2026 - D
Agreement
(2026042300447003)
XXXX XX XXX XXXXXXXXX XXXXXXX XXX
04/23/2026 - R
04/20/2026 - D
Mortgage
(2026042300447002)
XXXX XX XXX XXXXXXXXX XXXXXXX XXX
04/23/2026 - R
04/14/2026 - D
Assignment, Mortgage
(2026042300447001)
XXXXX XXXXXXX XXXXXXXXXXX XXXXXXXXX XXXXXXX XXX
10/17/2024 - R
10/10/2024 - D
Zoning Lot Description
(2024101400207002)
XXXX XX XXX
10/17/2024 - R
10/10/2024 - D
Certificate
(2024101400207001)
XXXXXXX XXXXX XXXXXX XXX
04/19/2023 - R
03/29/2023 - D
Mortgage
(2023041800747002)
XXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1118 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
$11,603
Municipal exemptions
Recent tax assessments
Market value
$537,000
Assessed value
$241,650

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 $565,000 $254,250 $61,219 10.848% $6,641 $6,641 -5.05%
2024/25 $1,518,000 $91,080 $34,824 20.085% $6,994 $6,994 0.00%
2023/24 $1,614,000 $96,840 $34,824 20.085% $6,994 $6,994 -0.19%
2022/23 $1,365,000 $81,900 $34,504 20.309% $7,007 $7,007 +137.38%
2021/22 $1,372,000 $82,320 $14,786 19.963% $6,501 $2,952 +7.54%
2020/21 $1,664,000 $99,840 $13,044 21.045% $6,466 $2,745 +13.66%
2019/20 $1,560,000 $93,600 $11,410 21.167% $6,143 $2,415 +1.63%
2018/19 $1,302,000 $78,120 $11,360 20.919% $6,071 $2,376 +140.71%
2017/18 $1,057,000 $63,420 $4,843 20.385% $5,861 $987 +45.08%
2016/17 $991,000 $59,460 $3,404 19.991% $5,425 $680 +17.53%

Permit information for 1118 42nd Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/10/2026 New building
01/09/2026 New building
12/24/2025 New building
12/24/2025 New building
12/24/2025 New building

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
New Utrecht Ave & 44th St at NE Corner
Station lines
D
Distance (miles)
0.104

Access the detailed traffic volume map for 1118 42nd Street, Brooklyn, NY 11219 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

Frequently asked questions

What is the market value of 1118 42nd Street, Brooklyn, NY 11219?

The current market value of 1118 42nd Street, Brooklyn, NY 11219 is $537,000.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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