Kings  »  11225  »  President St  »  1042 President St

1042 President Street, Brooklyn, NY 11225 - Property report

Also known as: 1042 President St

Property image for 1042 President Street, Brooklyn, NY 11225
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Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

2023

Lot sq. ft.

8,610

Sale price

$1,600,000

General information

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Address
Primary address
1042 President Street
ZIP code
11225
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01280-0029

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
41,569
Building dimensions
54 ft x 175 ft
Buildings on lot
1
Stories
8
Year built
2023
Building material
Sales
Sale date
06/09/2021
Sale price
$1,600,000
Tax
Tax year
2026-2027
Property tax
$33,351
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
55
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
54 ft x 175 ft
Lot sq. ft.
8,610

Area overview

Walk score
83 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
85 /100.  Very Bikeable
School district
17
Community district
9

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

Ownership

Ownership information for 1042 President Street, 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 President Street, Brooklyn, NY 11225

Sale date Sale price Buyer name Seller name
06/09/2021 $1,600,000 XXXXXXXXX XXXXX X XXX XXXXXXX, XXXXX X XXX XXXXXX XX. , XXXXXX XXXXXX XXX XXXXXX, XXXXX XXX XXXXXX, XXXXXXX XXXXXX XXX XXXXXX, XXXXXXXX XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/08/2024 - R UCC3 Assignment
(2024100800214003)		 XXXXXXXXX XXXXX XXX XXXX XX XXXXXXXX
08/20/2024 - R
07/25/2024 - D		 Sundry Agreement
(2024081900678001)		 XXX XXXX XX XXX XXXX XXXXXXXXX XXXXX XXX
10/08/2024 - R
07/18/2024 - D		 Asgn of Asgn of L&R
(2024100800214002)		 XXXX XX XXXXXXXX XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
10/08/2024 - R
07/18/2024 - D		 Assignment, Mortgage
(2024100800214001)		 XXXX XX XXXXXXXX XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
06/27/2024 - R Initial UCC1
(2024061800506007)		 XXXXXXXXX XXXXX XXX XXXX XX XXXXXXXX
06/27/2024 - R
06/11/2024 - D		 Termination of Assign of L&R
(2024061800506012)		 XXXX XXXXX XXX XXXXXXXXX XXXXX XXX
06/27/2024 - R
06/11/2024 - D		 Termination of Assign of L&R
(2024061800506011)		 XXXX XXXXX XXX XXXXXXXXX XXXXX XXX
06/27/2024 - R
06/11/2024 - D		 Termination of Assign of L&R
(2024061800506010)		 XXXX XXXXX XXX XXXXXXXXX XXXXX XXX
06/27/2024 - R
06/11/2024 - D		 Termination of Assign of L&R
(2024061800506009)		 XXXX XXXXX XXX XXXXXXXXX XXXXX XXX
06/27/2024 - R
06/11/2024 - D		 Subordination of Mortgage
(2024061800506008)		 XXXX XX XXXXXXXX XXX XXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1042 President 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
$33,351
Municipal exemptions
Recent tax assessments
Market value
$7,669,000
Assessed value
$3,451,050

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 $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%
2020/21 $286,000 $128,700 $128,700 10.694% $13,763 $13,763 +16.54%
2019/20 $249,067 $112,080 $112,080 10.537% $11,810 $11,810 n/a
Permits

Permit information for 1042 President Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/26/2023 Alteration
07/25/2023 Alteration
07/17/2023 Alteration
07/14/2023 Alteration
06/21/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/01/2022 C-construction other optional
06/01/2022 C-construction other optional

*Most recent DOB violations on record 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
Franklin Ave & Eastern Pkwy at SE Corner
Station lines
FS-2-3-4-5
Distance (miles)
0.154
View subway map

Access the detailed traffic volume map for 1042 President Street, Brooklyn, NY 11225 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 President Street, Brooklyn, NY

92 Troy Ave, Brooklyn 1509 Bergen St, Brooklyn 640 Dean St, Brooklyn 786 President St, Brooklyn 1557 E New York Ave, Brooklyn 646 Dean St, Brooklyn 331 14th St, Brooklyn 954 Atlantic Ave, Brooklyn 1768 Atlantic Ave, Brooklyn 1510 Prospect Pl, Brooklyn 1909 Pacific St, Brooklyn 854 Monroe St, Brooklyn 499 St Johns Pl, Brooklyn 4315 3rd Ave, Brooklyn 1522 Lincoln Pl, Brooklyn 41 A Rockaway Ave, Brooklyn 258 Empire Blvd, Brooklyn 4502 2nd Ave, Brooklyn 4313 3rd Ave, Brooklyn

Nearby ZIP codes for 1042 President Street, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11210, New York City, NY 11211, 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 11226, New York City, NY 11230, New York City, NY 11231, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 1042 President Street, Brooklyn, NY 11225?

The development at 1042 President Street, Brooklyn, NY 11225 was built in 2023.

What is the total square footage of 1042 President Street, Brooklyn, NY 11225?

1042 President Street, Brooklyn, NY 11225 has a total of 41,569 square feet.

When was 1042 President Street, Brooklyn, NY 11225 last sold and what was the sale price?

1042 President Street, Brooklyn, NY 11225 was last sold on 06/09/2021 for $1,600,000.

What is the assessed value of 1042 President Street, Brooklyn, NY 11225?

1042 President Street, Brooklyn, NY 11225 is currently assessed at $3,451,050.

What are the property taxes for 1042 President Street, Brooklyn, NY 11225?

The property taxes for 1042 President Street, Brooklyn, NY 11225 total $33,351.

How many residential units does this building have?

This building has 55 residential unit(s).

Disclaimer

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