New York City  »  10035  »  E 122nd St  »  242 E 122nd St

242 East 122nd Street, New York, NY 10035 - Property report

Also known as: 242 E 122nd St

Property image for 242 East 122nd Street, New York, NY 10035
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Property type

Unlicensed Parking Lot (G7)

Lot sq. ft.

6,694

General information

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Address
Primary address
242 East 122nd Street
Alternate address(es)
242 Ronald E McNair Pl
ZIP code
10035
Neighborhood
East Harlem
Borough
Manhattan
Block & lot
01786-0031

Owner

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Building
Property type
Unlicensed Parking Lot (G7)
Tax
Tax year
2026-2027
Property tax
$75,265
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 122 Street (narrow)
Nearest wide street
2 Avenue
Distance to wide street
Lot dimensions
66.33 ft x 100.92 ft
Lot sq. ft.
6,694

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
4
Community district
11
Closest police station
0.26 Miles
Closest fire station
0.15 Miles

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

Ownership information for 242 East 122nd Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 242 East 122nd Street, New York, NY 10035

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/31/2025 - R
01/06/2025 - D
Deed
(2025012800761001)
XXXXXX XXXXXXX XXXXXX XXXXXX XXXXX
07/11/2003 - R
04/22/2003 - D
Mortgage
(2003061801494001)
XXXXXX XXXXXXX XXXXXXXX XXXXXXX
07/05/2001 - R
06/20/2001 - D
Deed
(1320007731532)
XXXX XX XXX XXXX XXX XXXXXX XXXXXXX
07/27/2000 - R Tax Lien Sale Certificate
(1180007285918)
XXXX XX XXX XXXX XXXX XX XXX XXXX
02/11/1993 - R Satisfaction of Mortgage
(1750000423575)
XXX XXXXXXXX XXXXXXXXXX XXXXXXX XXXXXX XXXX
03/21/1988 - R Mortgage
(1610000240761)
XXX XXXXXXXX XXXXXXXXXX XXXXXXX XXXXXX XXXX
03/21/1988 - R
01/11/1988 - D
Deed
(1600000240760)
XXXXXXX XXXXXX XXXX XXX XXXXXXXX XXXXXXXXXX
04/13/1971 - R Mortgage
(1900008486990)
XXXXXX XXXXX X
04/13/1971 - R Deed
(1890008486989)
XXXXXXXXXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 242 East 122nd 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
$75,265
Municipal exemptions
Recent tax assessments
Market value
$1,873,000
Assessed value
$842,850

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 $1,972,000 $887,400 $621,720 10.848% $67,444 $67,444 +15.17%
2024/25 $1,517,000 $682,650 $544,140 10.762% $58,560 $58,560 +11.81%
2023/24 $1,167,000 $525,150 $494,460 10.592% $52,373 $52,373 -1.21%
2022/23 $1,180,000 $531,000 $497,970 10.646% $53,014 $53,014 +2.18%
2021/22 $1,072,000 $482,400 $482,400 10.755% $51,882 $51,882 -2.87%
2020/21 $1,110,000 $499,500 $499,500 10.694% $53,417 $53,417 +16.74%
2019/20 $965,000 $434,250 $434,250 10.537% $45,757 $45,757 -19.81%
2018/19 $1,206,000 $542,700 $542,700 10.514% $57,059 $57,059 -2.83%
2017/18 $1,507,000 $678,150 $558,510 10.514% $58,722 $58,722 +10.43%
2016/17 $1,434,000 $645,300 $502,880 10.574% $53,175 $53,175 +10.42%

Permit information for 242 East 122nd Street, New York, NY

Filing date Job type Job status Job description Initial cost
02/28/1991 Full demolition
02/26/1991 Full demolition

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

East Harlem North residential market stats

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

Median sale price

Median price/sq. ft.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
Lexington Ave & 125th St at SE Corner
Station lines
4-5-6
Distance (miles)
0.244

Access the detailed traffic volume map for 242 East 122nd Street, New York, NY 10035 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)
P.S. 96 Joseph Lanzetta 3 Yes Public PK, K-8 325 0.10
P.S. 96 Joseph Lanzetta 3 Yes Public PK, K-8 325 0.10
Harlem Day Charter School 4 No Charter 3-12 759 0.05
Harlem Village Academy East Charter School 9 No Charter PK, K-12 478 0.16
Harlem Village Academy East Charter School 9 No Charter PK, K-12 478 0.16
River East Elementary School 4 No Public PK, K-5 224 0.18
River East Elementary School 4 No Public PK, K-5 224 0.18
P.S. 7 Samuel Stern 4 No Public PK, K-8 314 0.19
P.S. 7 Samuel Stern 4 No Public PK, K-8 314 0.19
P.S. 155 William Paca 2 No Public PK, K-5 182 0.23
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Harlem Day Charter School 4 No Charter 3-12 759 0.05
P.S. 96 Joseph Lanzetta 3 No Public PK, K-8 325 0.10
Harlem Village Academy East Charter School 9 No Charter PK, K-12 478 0.16
Global Technology Preparatory NR No Public 6-8 126 0.19
P.S. 7 Samuel Stern 4 No Public PK, K-8 314 0.19
Renaissance School Of The Arts 4 No Public 6-8 151 0.23
King's Academy NR No Private PK, K-8 0 0.31
The Kings Academy NR No Private PK, K-9 31 0.32
St Paul School NR No Private PK-8 216 0.32
Mount Carmel-Holy Rosary School NR No Private PK-8 183 0.32
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Harlem Day Charter School 4 No Charter 3-12 759 0.05
Coalition School For Social Change NR No Public 9-12 123 0.14
Harlem Village Academy East Charter School 9 No Charter PK, K-12 478 0.16
P.S. 138 NR No Public PK, K-12 685 0.34
P.S. 79 Horan School NR No Public 6-12 224 0.37
Urban Assembly-Global Commerce NR No Public 9-12 153 0.46
Harlem Children's Zone Promise Academy II Charter 6 No Charter K-12 1,019 0.46
Manhattan Center for Science & Mathematics 9 No Public 9-12 1,641 0.48
Harlem Renaissence High School 1 No Public 9-12 176 0.53
Capital Prep (Cp) Harlem Charter 6 No Charter 6-12 367 0.54

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the assessed value of 242 East 122nd Street, New York, NY 10035?

242 East 122nd Street, New York, NY 10035 is currently assessed at $842,850.

What are the property taxes for 242 East 122nd Street, New York, NY 10035?

The property taxes for 242 East 122nd Street, New York, NY 10035 total $75,264.

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