| Primary address | 1042 President Street |
| Neighborhood | Crown Heights |
| Zip code | 11225 |
| Borough | Brooklyn |
| Block & lot | 01280-0029 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 06/09/2021 |
| Purchase price | $1,600,000 |
| Tax class | Register |
| Estimated property tax | $33,351 |
| Lot sqft | 8,610 |
| Lot dimensions | |
| Building class | Elevator Apartment - Semi-fireproof without Stores (D1) |
| Building sqft | 41,569 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 8 |
| Year built | 2023 |
| School district | 17 |
| Community district | 9 |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
1042 President Street, Brooklyn, NY 11225 was built in 2023 and has a total of 41,569 square feet.
What is the assessed value of 1042 President Street, Brooklyn, NY 11225 and the property tax paid?Assessed at $3,467,250, the tax amount paid for 1042 President Street, Brooklyn, NY 11225 is $33,351. For the next year, the tax amount for 1042 President Street, Brooklyn, NY 11225 is estimated at $33,351.
When was 1042 President Street, Brooklyn, NY 11225 last sold?1042 President Street, Brooklyn, NY 11225 was last sold in 06/30/2021.
How many residential units does this building have?This building has 55 residential unit(s). There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Sale |
|---|---|
| Listing date | 10/03/2025 |
| Last updated | 02/17/2026 |
| Lot size | 0.198 Acre |
• Newly constructed 8-story multifamily with a total of 55 apartments and 22 parking spaces
• New 35-year Affordable NY Tax Abatement 70% Free-Market / 30% Affordable
• Building amenities include: Elevator, Bike Room, Gym, Laundry in Building, Package Room, Parking Available, and Virtual Doorman
• Assumable loan: $22M at 6.5% I/O 5 years
• The property is located at the intersection of Crown Heights, Prospect Heights, and Prospect Lefferts Gardens in Brooklyn, near shopping, dining and entertainment options
• Within walking distance to the President Street Station
• Serious inquires ONLY: Offers with unrealistic terms will be ignored.
Create a free account to view the complete sales history for 1042 President Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 06/09/2021 | $1,600,000 | Register | Register |
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.
R: Recorded date
D: Document date
Access detailed property tax data for 1042 President Street, Brooklyn, NY 11225. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $33,351 |
| Estimated property tax: | $33,351 |
| Tax assessor's market value: | $7,705,000 |
| Assessed value: | $3,467,250 |
| Exemptions granted by city: | Register |
Here's the assessment & property tax history for 1042 President Street, 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 | $7,705,000 | $3,467,250 | $268,117 | 12.439% | $410,267 | $33,351 | -91.74% |
| 2024/25 | $7,407,000 | $3,333,150 | $3,228,561 | 12.5% | $403,570 | $403,570 | +1049.77% |
| 2023/24 | $1,079,000 | $485,550 | $331,384 | 10.592% | $35,100 | $35,100 | +135.83% |
| 2022/23 | $378,000 | $170,100 | $139,806 | 10.646% | $14,884 | $14,884 | -1.71% |
| 2021/22 | $329,000 | $148,050 | $140,799 | 10.755% | $15,143 | $15,143 | +10.03% |
The complete history of permits filed for 1042 President Street, 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.
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.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Franklin Ave & Eastern Pkwy at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | FS-2-3-4-5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.154 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Here are the neighbors for 1042 President Street, Brooklyn, NY 11225.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 92 Troy Ave, Brooklyn | 2,484 | 06/15/2015 | $4,700,000 |
| 1509 Bergen St, Brooklyn | 60,053 | 10/30/2013 | $304,200 |
| 640 Dean St, Brooklyn | 12,842 | 07/09/2018 | |
| 786 President St, Brooklyn | 7,000 | 05/02/2024 | $8,906,282 |
| 1557 E New York Ave, Brooklyn | 3,321 | 08/26/2021 | |
| 646 Dean St, Brooklyn | 17,615 | 07/09/2018 | |
| 331 14th St, Brooklyn | 08/12/2021 | ||
| 954 Atlantic Ave, Brooklyn | 2,520 | 03/27/2000 | |
| 1768 Atlantic Ave, Brooklyn | 9,000 | 06/23/1966 | |
| 1510 Prospect Pl, Brooklyn | 3,324 | 11/03/2021 | $950,000 |
| 1909 Pacific St, Brooklyn | 1,944 | 04/19/2018 | |
| 854 Monroe St, Brooklyn | 3,225 | 12/22/2016 | $291,000 |
| 499 St Johns Pl, Brooklyn | 5,100 | 08/14/2012 | |
| 4315 3rd Ave, Brooklyn | 2,048 | 03/26/2024 | $1,099,710 |
| 1522 Lincoln Pl, Brooklyn | 2,460 | 12/17/2024 | |
| 41 A Rockaway Ave, Brooklyn | 2,250 | 06/15/2021 | |
| 13 Hull St, Brooklyn | 2,375 | 01/14/2016 | |
| 4502 2nd Ave, Brooklyn | 38,000 | 07/20/2010 | $1 |
| 4313 3rd Ave, Brooklyn | 2,091 | 04/26/2024 | $1,170,988 |