Manhattan » 10012 » Elizabeth St » 242 Elizabeth St

242 Elizabeth Street, New York, NY 10012 - Property report

Also known as: 242 Elizabeth St

Property image for 242 Elizabeth Street, New York, NY 10012

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

1952

Lot sq. ft.

1,827

Sale price

$11,750,000

General information

Address

Primary address

242 Elizabeth Street

Alternate address(es)

242 A Elizabeth St

ZIP code

10012

Neighborhood

NoLIta

Borough

Manhattan

Block & lot

00507-0009

Building

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Building sq. ft.

7,667

Building dimensions

20 ft x 91 ft

Buildings on lot

Stories

Year built

1952

Last altered

2016

Building material

Sales

Sale date

01/26/2026

Sale price

$11,750,000

Tax

Tax year

2026-2027

Property tax

$108,350

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

20 ft x 91.33 ft

Lot sq. ft.

1,827

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

94 /100. Biker's Paradise

School district

Community district

Closest police station

0.36 Miles

Closest fire station

0.14 Miles

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

Ownership

Ownership information for 242 Elizabeth 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 Elizabeth Street, New York, NY 10012

Sale date	Sale price	Buyer name	Seller name
01/26/2026	$11,750,000	XXX XXXXXXXXX XXXXXX XX	XXXXXXXXX XXXX XXXXXXX XXX XXX XXX XXXXXXXXX, XXX
05/29/2007	$2,800,000	XXXXXXXXX XXXXXX XXX	XXXX XXXXXXXXXXX XXXXXXX XXX XXXXXXXXXXX (XXXXXXXXX) XXXXXX XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/27/2026 - R	Initial UCC1 (2026012700626001)	XXX XXXXXXXXX XXXXXX XX	XXXXXXXX XXXX X X
02/23/2026 - R 01/26/2026 - D	Assignment of Leases and Rents (2026021200158010)	XXX XXXXXXXXX XXXXXX XX	XXXXXXXX XXXX X X
02/23/2026 - R 01/26/2026 - D	Mortgage (2026021200158008)	XXX XXXXXXXXX XXXXXX XX	XXXXXXXX XXXX X X
02/03/2026 - R 01/26/2026 - D	Deed (2026020200093004)	XXXXXXXXX XXXX XXXXXXX XXX	XXX XXXXXXXXX XXXXXX XX
02/03/2026 - R 01/26/2026 - D	Deed (2026020200093003)	XXXXXXXXX XXXXXX X X X	XXXXXXXXX XXXX XXXXXXX XXX
01/26/2026 - R 01/25/2026 - D	Sundry Miscellaneous (2026012500126001)	XXXXXXXX XXXXXXX
02/23/2026 - R 12/17/2025 - D	Assignment, Mortgage (2026021200158007)	XXXXXXXX XXXXXXXX XXXX	XXXXXXXX XXXX X X
02/23/2026 - R 12/17/2025 - D	Termination of Assign of L&R (2026021200158001)	XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXX X X X
02/23/2026 - R 01/26/2025 - D	Agreement (2026021200158009)	XXX XXXXXXXXX XXXXXX XX	XXXXXXXX XXXX X X
08/20/2019 - R 08/04/2019 - D	Sundry Miscellaneous (2019081600040001)	XXXXXXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 242 Elizabeth 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

$108,350

Municipal exemptions

Recent tax assessments

Market value

$4,339,000

Assessed value

$1,952,550

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	$3,616,000	$1,627,200	$834,743	12.439%	$103,834	$103,834	+6.29%
2024/25	$4,313,000	$1,940,850	$781,536	12.5%	$97,692	$97,692	+7.98%
2023/24	$4,006,000	$1,802,700	$723,644	12.502%	$90,470	$90,470	+10.07%
2022/23	$3,338,000	$1,502,100	$670,041	12.267%	$82,194	$82,194	+0.26%
2021/22	$2,670,000	$1,201,500	$670,041	12.235%	$81,980	$81,980	+21.17%
2020/21	$1,885,000	$848,250	$551,533	12.267%	$67,657	$67,657	+6.22%
2019/20	$1,750,800	$787,860	$510,679	12.473%	$63,697	$63,697	+6.81%
2018/19	$1,459,000	$656,550	$472,851	12.612%	$59,636	$59,636	+29.85%
2017/18	$802,420	$361,089	$361,089	12.719%	$45,927	$45,927	-37.10%
2016/17	$1,612,000	$725,400	$690,570	10.574%	$73,021	$73,021	+3.69%

Permits

Permit information for 242 Elizabeth Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
05/30/2025	Alteration
05/23/2025	Alteration
08/07/2017	Alteration type 3
08/07/2017	Alteration type 3
07/18/2017	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	06/12/2020	E-elevator elevatorrequired

*Most recent DOB violation on record for this property.

Listings

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% 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

Chrystie St & Houston St at SW Corner

Station lines

Distance (miles)

0.108

View subway map

Access the detailed traffic volume map for 242 Elizabeth Street, New York, NY 10012 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

Nearby ZIP codes for 242 Elizabeth Street, New York, NY

10001, New York City, NY 10002, New York City, NY 10003, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10009, New York City, NY 10010, New York City, NY 10011, New York City, NY 10013, New York City, NY 10014, New York City, NY 10016, New York City, NY 10038, New York City, NY 10119, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 10280, New York City, NY 10282, New York City, NY

Frequently asked questions

What is the year built for 242 Elizabeth Street, New York, NY 10012?

The development at 242 Elizabeth Street, New York, NY 10012 was built in 1952.

What is the market value of 242 Elizabeth Street, New York, NY 10012?

The current market value of 242 Elizabeth Street, New York, NY 10012 is $4,339,000.

What is the total square footage of 242 Elizabeth Street, New York, NY 10012?

242 Elizabeth Street, New York, NY 10012 has a total of 7,667 square feet.

What is the price per square foot for this property?

$1,532 per square foot is the price for 242 Elizabeth Street, New York, NY 10012.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.