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242 Bay Ridge Avenue, Brooklyn, NY 11220 Property Information

242 Bay Ridge Avenue, Brooklyn, NY 11220 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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242 Bay Ridge Avenue, Brooklyn, NY 11220 2
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Address

Primary address 242 Bay Ridge Avenue
Neighborhood Bay Ridge
Zip code 11220
Borough Brooklyn
Block & lot 05871-0032

Sales & Tax Overview for 242 Bay Ridge 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 $23,568

Lot & Building Information for 242 Bay Ridge Avenue, Brooklyn

Lot sq. ft. 3,413
Lot dimensions 25 ft x 136.5 ft
Property type Fireproof Warehouse (E1)
Building sqft 2,150
Building dimensions 25 ft x 86 ft
Buildings on lot 1
Stories 1
Year built 1931
Year last altered 2009
Construction type
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Zoning & Use for 242 Bay Ridge Avenue, Brooklyn

Zoning
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 10
Closest police station 0.31 Miles
Closest fire station 0.18 Miles

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

Other Property Data for 242 Bay Ridge Avenue, Brooklyn

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Floor area ratio (FAR) for 242 Bay Ridge Avenue, Brooklyn, NY 11220, 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 Bay Ridge Avenue, Brooklyn, NY 11220, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 242 Bay Ridge Avenue, Brooklyn

How many square feet does 242 Bay Ridge Avenue, Brooklyn, NY 11220 have?

This Fireproof Warehouse (E1) located at 242 Bay Ridge Avenue, Brooklyn, NY 11220 has a total of 2,150 square feet.

What is the year built & the current market value of 242 Bay Ridge Avenue, Brooklyn, NY 11220?

242 Bay Ridge Avenue, Brooklyn, NY 11220 was built in 1931 and has a current tax assessor's market value of $483,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 242 Bay Ridge Avenue, Brooklyn

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Property owner name for 242 Bay Ridge Avenue, Brooklyn, NY 11220
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Building contacts for 242 Bay Ridge Avenue, Brooklyn, NY 11220
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
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Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 242 Bay Ridge Avenue, Brooklyn

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No recorded sales for this property.

Title Documents for 242 Bay Ridge 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
05/18/2020 - R UCC3 Termination
(2020051501022001)
03/20/2020 - R UCC3 Continuation
(2020032000551001)
03/31/2015 - R Initial UCC1
(2015032600924001)
01/07/2013 - D
03/05/2013 - R
Mortgage
(2013021900967001)
11/12/1969 - R Deed
(36930037500737)
09/10/1969 - R Deed
(36930036001933)
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R: Recorded date
D: Document date

Property Taxes for 242 Bay Ridge Avenue, Brooklyn

Access detailed property tax data for 242 Bay Ridge Avenue, Brooklyn, NY 11220. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $22,006
Estimated property tax: $23,568
Tax assessor's market value: $483,000
Assessed value: $217,350

Assessment History for 242 Bay Ridge Avenue, Brooklyn

Here's the assessment & property tax history for 242 Bay Ridge 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 $483,000 $217,350 $202,860 10.848% $22,006 $22,006 +2.07%
2024/25 $450,000 $202,500 $200,340 10.762% $21,561 $21,561 +2.57%
2023/24 $486,000 $218,700 $198,450 10.592% $21,020 $21,020 +3.04%
2022/23 $468,000 $210,600 $191,610 10.646% $20,399 $20,399 +14.85%
2021/22 $367,000 $165,150 $165,150 10.755% $17,762 $17,762 -9.76%

Permits for 242 Bay Ridge Avenue, Brooklyn

The complete history of permits filed for 242 Bay Ridge 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
04/28/2009 Alteration type 3
04/28/2009 Alteration type 3
09/23/2008 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 Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% 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 4th Ave & Bay Ridge Ave at NW Corner
Station lines R
Distance (miles) 0.22
View subway map
Bus Routes
Name Bay Ridge Av/Ridge Bl
Line B64
Distance (miles) 0.053

Neighbors for 242 Bay Ridge Avenue, Brooklyn

Here are the neighbors for 242 Bay Ridge Avenue, Brooklyn, NY 11220.

Address Square feet Purchase date Purchase price
6902 3rd Ave, Brooklyn 5,130 06/17/2015
6910 3rd Ave, Brooklyn 3,120 05/30/2008 $620,000
6915 Ridge Blvd, Brooklyn 2,634 03/29/2010 $815,000
254 Bay Ridge Ave, Brooklyn 29,225 04/04/2012 $3,300,000
6916 3rd Ave, Brooklyn 3,360 04/11/2001
2 Bay Ridge Pl, Brooklyn 2,816 07/25/2012 $350,000
6911 Ridge Blvd, Brooklyn 2,640 07/25/1979
6918 3rd Ave, Brooklyn 3,000 01/02/2007
6901 Ridge Blvd, Brooklyn 3,430 01/25/2000
6906 3rd Ave, Brooklyn 3,120 06/17/2015
6907 Ridge Blvd, Brooklyn 2,634 01/12/1993
250 Bay Ridge Ave, Brooklyn 10,237 01/13/1977
6914 3rd Ave, Brooklyn 3,520 11/09/2006 $910,000
238 Bay Ridge Ave, Brooklyn 4,500 08/19/1975
6909 Ridge Blvd, Brooklyn 2,096 11/17/2003
6917 Ridge Blvd, Brooklyn 2,640 03/02/2006 $648,900
224 Bay Ridge Ave, Brooklyn 5,300 10/06/2004 $806,686
6908 3rd Ave, Brooklyn 3,000 05/08/2024
6905 Ridge Blvd, Brooklyn 1,760 03/23/2016 $750,000
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