New York City » 10009 » E 3rd St » 242 E 3rd St

242 East 3rd Street, New York, NY 10009 - Property report

Also known as: 242 E 3rd St

Property image for 242 East 3rd Street, New York, NY 10009

Property type

Old Law Tenement (C4)

Year built

1910

Lot sq. ft.

2,627

General information

Address

Primary address

242 East 3rd Street

ZIP code

10009

Neighborhood

East Village

Borough

Manhattan

Block & lot

00385-0026

Building

Property type

Old Law Tenement (C4)

Building sq. ft.

9,785

Building dimensions

25 ft x 78 ft

Buildings on lot

Stories

Year built

1910

Last altered

1986

Building material

Masonry

Tax

Tax year

2026-2027

Property tax

$117,493

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

East 3 Street (narrow)

Nearest wide street

Avenue C

Distance to wide street

Lot dimensions

24.75 ft x 105.92 ft

Lot sq. ft.

2,627

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

99 /100. Biker's Paradise

School district

Community district

Closest police station

0.36 Miles

Closest fire station

0.04 Miles

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

Ownership

Ownership information for 242 East 3rd Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 242 East 3rd Street, New York, NY 10009

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/22/2019 - R	UCC3 Termination (2019071800891002)	XXX XXXX XXX XXXXXXXXXX X X X	XXXX XXXXXXXXX XXXX
07/22/2019 - R	Initial UCC1 (2019071800891001)	XXX XXXX XXX XXXXXXXXXX X X X	XXXXX XXXX XXX XXXXXXX
07/24/2019 - R 07/11/2019 - D	Termination of Assign of L&R (2019071800774005)	XXXX XXXXXXXXX XXXX	XXX XXXX XXX XXXXXXXXXX X X X
07/24/2019 - R 07/11/2019 - D	Assignment of Leases and Rents (2019071800774004)	XXX XXXX XXX XXXXXXXXXX X X X	XXXXX XXXX XXX XXXXXXX
07/24/2019 - R 07/11/2019 - D	Agreement (2019071800774003)	XXX XXXX XXX XXXXXXXXXX X X X	XXXXX XXXX XXX XXXXXXX
07/24/2019 - R 07/11/2019 - D	Mortgage (2019071800774002)	XXX XXXX XXX XXXXXXXXXX X X X	XXXXX XXXX XXX XXXXXXX
07/24/2019 - R 07/11/2019 - D	Assignment, Mortgage (2019071800774001)	XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX	XXXXX XXXX XXX XXXXXXX
03/03/2014 - R	Initial UCC1 (2014022600991002)	XXX XXXX XXX XXXXXXXXXX X X X	XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX
03/03/2014 - R 02/20/2014 - D	Assignment, Mortgage (2014022600991001)	XXXXXX XXX	XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX
03/04/2005 - R 01/18/2005 - D	Initial UCC1 (2005011801102002)	XXX XXXX XXX XXXXXXXXXX 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 242 East 3rd Street, New York, 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

$117,493

Municipal exemptions

Recent tax assessments

Market value

$2,448,000

Assessed value

$1,101,600

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	$2,154,000	$969,300	$890,730	12.439%	$110,798	$110,798	+1.57%
2024/25	$2,051,000	$922,950	$872,640	12.5%	$109,080	$109,080	+0.36%
2023/24	$1,947,000	$876,150	$869,400	12.502%	$108,692	$108,692	+3.91%
2022/23	$1,895,000	$852,750	$852,750	12.267%	$104,607	$104,607	+2.70%
2021/22	$1,850,000	$832,500	$832,500	12.235%	$101,856	$101,856	-4.12%
2020/21	$1,953,000	$878,850	$865,980	12.267%	$106,230	$106,230	+0.77%
2019/20	$2,015,000	$906,750	$845,190	12.473%	$105,421	$105,421	+3.38%
2018/19	$1,983,000	$892,350	$808,560	12.612%	$101,976	$101,976	+4.27%
2017/18	$1,886,000	$848,700	$768,960	12.719%	$97,804	$97,804	+3.90%
2016/17	$1,785,000	$803,250	$730,170	12.892%	$94,134	$94,134	+4.89%

Permits

Permit information for 242 East 3rd Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
08/01/2018	Alteration type 2
04/13/2017	Alteration type 2
10/05/2009	Alteration type 3
09/29/2009	Alteration type 2
04/17/2009	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	11/17/2025	I
	10/18/2016	A
	03/02/2011	B

*Most recent HPD violations on record for this property.

Neighborhood

Lower East Side residential market stats

Access a detailed real estate market overview of Lower East Side so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Lower East Side and compare it to other neighborhoods in Manhattan.

Median sale price

$990,000

Median price/sq. ft.

$1,550

-6.3% Y-o-Y

Manhattan median sale price

$1,260,000

5.4% Y-o-Y

Check out recently sold homes in Manhattan 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Norfolk St & Delancey St at NE Corner

Station lines

F-J-M-Z

Distance (miles)

0.377

View subway map

Access the detailed traffic volume map for 242 East 3rd Street, New York, NY 10009 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
The New Amsterdam School	NR	No	Private	PK, K-1	0	0.12
The New Amsterdam School	NR	No	Private	PK, K-1	0	0.12
P.S. 64 Robert Simon	6	No	Public	PK, K-5	185	0.14
P.S. 64 Robert Simon	6	No	Public	PK, K-5	185	0.14
Earth School	7	No	Public	PK, K-5	217	0.14
Earth School	7	No	Public	PK, K-5	217	0.14
New Amsterdam School	NR	No	Private	PK-2	51	0.14
New Amsterdam School	NR	No	Private	PK-2	51	0.14
P.S. 15 Roberto Clemente	5	No	Public	PK, K-5	179	0.15
P.S. 15 Roberto Clemente	5	No	Public	PK, K-5	179	0.15

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Tompkins Square Middle School	7	No	Public	6-8	323	0.14
Cornelia Connelly Center	NR	No	Private	4-8	90	0.15
Cooke Center Grammar School	NR	No	Private	K-8	0	0.18
New Explorations Into Science, Tech and Math High School	9	No	Public	K-12	1,610	0.19
P.S. 140 Nathan Straus	5	No	Public	PK, K-8	295	0.21
School For Global Leaders	6	No	Public	6-8	151	0.24
Girls Prep Lower East Side	6	No	Charter	PK, K-9	307	0.26
P.S. 188 The Island School	6	No	Public	PK, K-8	336	0.26
Beth Jacob Parochial School	NR	No	Private	PK-8	178	0.39
George Jackson Academy	NR	No	Private	4-8	138	0.40

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
New Explorations Into Science, Tech and Math High School	9	No	Public	K-12	1,610	0.19
Marta Valle High School	NR	No	Public	9-12	97	0.24
Lower East Side Preparatory High School	3	No	Public	9-12	438	0.26
Bard High School Early College	8	No	Public	9-12	564	0.39
Manhattan School For Career Development	NR	No	Public	6-12	213	0.42
The Quad Preparatory School	NR	No	Private	PK, K-12	0	0.45
Forsythe Satellite Academy	NR	No	Public	9-12	142	0.46
Cascades High School	2	No	Public	9-12	112	0.46
East Side Community School	6	No	Public	6-12	700	0.50
Urban Assembly Academy Of Government And Law	6	No	Public	9-12	286	0.52

Nearby ZIP codes for 242 East 3rd Street, New York, NY

10002, New York City, NY 10003, New York City, NY 10010, New York City, NY 10011, New York City, NY 10012, New York City, NY 10013, New York City, NY 10016, New York City, NY 10017, New York City, NY 10038, New York City, NY 10110, New York City, NY 10119, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10173, New York City, NY 10174, New York City, NY 10278, New York City, NY 11109, New York City, NY

Frequently asked questions

What is the year built for 242 East 3rd Street, New York, NY 10009?

The development at 242 East 3rd Street, New York, NY 10009 was built in 1910.

What is the total square footage of 242 East 3rd Street, New York, NY 10009?

242 East 3rd Street, New York, NY 10009 has a total of 9,785 square feet.

What is the assessed value of 242 East 3rd Street, New York, NY 10009?

242 East 3rd Street, New York, NY 10009 is currently assessed at $1,101,600.

What are the property taxes for 242 East 3rd Street, New York, NY 10009?

The property taxes for 242 East 3rd Street, New York, NY 10009 total $117,492.

How many residential units does this building have?

This building has 17 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.