New York City  »  10035  »  E 121st St  »  242 E 121st St

242 East 121st Street, New York, NY 10035 - Property report

Also known as: 242 E 121st St

Property image for 242 East 121st Street, New York, NY 10035
static Mapbox map

Property type

Unlicensed Parking Lot (G7)

Lot sq. ft.

2,725

General information

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Address
Primary address
242 East 121st Street
ZIP code
10035
Neighborhood
East Harlem
Borough
Manhattan
Block & lot
01785-0031

Owner

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Building
Property type
Unlicensed Parking Lot (G7)
Tax
Tax year
2026-2027
Property tax
$26,389
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Lot
Frontage(s)
East 121 Street (narrow)
Nearest wide street
2 Avenue
Distance to wide street
Lot dimensions
27 ft x 100.92 ft
Lot sq. ft.
2,725

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
0.24 Miles
Closest fire station
0.19 Miles

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

Ownership

Ownership information for 242 East 121st Street, New York, NY

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

Sales history for 242 East 121st 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
12/07/2021 - R Initial UCC1
(2021103000039001)		 XXXX XXXXXX XXXX XXXXXXXXXX XXXX X X
11/30/2021 - R
09/03/2021 - D		 Subordination of Mortgage
(2021110301569002)		 XXXXXXXXXX XXXX X X XXXXXX XXX XXXXX XXX
11/30/2021 - R
09/03/2021 - D		 Subordination of Mortgage
(2021110301569001)		 XXXXXXXXXX XXXX X X XXX XXXX XXXX XXXXXXX XXX
10/27/2021 - R
09/03/2021 - D		 Assignment of Leases and Rents
(2021101500553002)		 XXXX XXXXXX XXXX XXXXXXXXXX XXXX XX
10/27/2021 - R
09/03/2021 - D		 Agreement
(2021101500553001)		 XXXX XXXXXX XXXX XXXXXXXXXX XXXX XX
09/30/2021 - R
09/03/2021 - D		 Termination of Assign of L&R
(2021092500040002)		 XXXXXXX XXXX XXXXXX XXXX XXXXX XXXXXX XXXXXX XXXX
09/01/2004 - R
08/05/2004 - D		 Assignment of Leases and Rents
(2004080901604003)		 XXXXXXX XXXX XXXXXX XXXX XXXXX XXXXXX XXXXXX XXXX
09/01/2004 - R
08/05/2004 - D		 Agreement
(2004080901604002)		 XXXXXX XXXX XXXXX XXXXXX XXXXXX XXXX XXXXXXX XXXX
09/01/2004 - R
08/05/2004 - D		 Mortgage
(2004080901604001)		 XXXXXX XXXX XXXXX XXXXXX XXXXXX XXXX XXXXXXX XXXX
11/25/2002 - R Assignment, Mortgage
(1810008898581)		 XXXXXX XXXXX XXXXX XXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 242 East 121st 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
$26,389
Municipal exemptions
Recent tax assessments
Market value
$612,000
Assessed value
$275,400

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 $644,000 $289,800 $246,940 10.848% $26,788 $26,788 +10.64%
2024/25 $657,000 $295,650 $224,980 10.762% $24,212 $24,212 +17.53%
2023/24 $505,000 $227,250 $194,500 10.592% $20,601 $20,601 +7.65%
2022/23 $529,000 $238,050 $179,760 10.646% $19,137 $19,137 +19.01%
2021/22 $460,000 $207,000 $149,520 10.755% $16,081 $16,081 +21.54%
2020/21 $400,000 $180,000 $123,720 10.694% $13,231 $13,231 +18.10%
2019/20 $348,000 $156,600 $106,320 10.537% $11,203 $11,203 +19.79%
2018/19 $290,000 $130,500 $88,950 10.514% $9,352 $9,352 +19.40%
2017/18 $193,000 $86,850 $74,495 10.514% $7,832 $7,832 +8.81%
2016/17 $186,000 $83,700 $68,074 10.574% $7,198 $7,198 +10.48%
Permits

Permit information for 242 East 121st Street, New York, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

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

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
4

Subway & traffic

Closest station
Lexington Ave & 125th St at SE Corner
Station lines
4-5-6
Distance (miles)
0.277
View subway map

Access the detailed traffic volume map for 242 East 121st 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 0.06
P.S. 96 Joseph Lanzetta 3 Yes Public PK, K-8 325 0.06
Harlem Day Charter School 4 No Charter 3-12 759 0.10
Harlem Village Academy East Charter School 9 No Charter PK, K-12 478 0.15
Harlem Village Academy East Charter School 9 No Charter PK, K-12 478 0.15
P.S. 7 Samuel Stern 4 No Public PK, K-8 314 0.17
P.S. 7 Samuel Stern 4 No Public PK, K-8 314 0.17
River East Elementary School 4 No Public PK, K-5 224 0.17
River East Elementary School 4 No Public PK, K-5 224 0.17
P.S. 155 William Paca 2 No Public PK, K-5 182 0.19
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 96 Joseph Lanzetta 3 No Public PK, K-8 325 0.06
Harlem Day Charter School 4 No Charter 3-12 759 0.10
Harlem Village Academy East Charter School 9 No Charter PK, K-12 478 0.15
Global Technology Preparatory NR No Public 6-8 126 0.17
P.S. 7 Samuel Stern 4 No Public PK, K-8 314 0.17
Renaissance School Of The Arts 4 No Public 6-8 151 0.19
St Paul School NR No Private PK-8 216 0.29
Mount Carmel-Holy Rosary School NR No Private PK-8 183 0.31
James Weldon Johnson School 3 No Public PK, K-8 526 0.34
King's Academy NR No Private PK, K-8 0 0.36
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 0.10
Coalition School For Social Change NR No Public 9-12 123 0.13
Harlem Village Academy East Charter School 9 No Charter PK, K-12 478 0.15
P.S. 79 Horan School NR No Public 6-12 224 0.36
P.S. 138 NR No Public PK, K-12 685 0.39
Manhattan Center for Science & Mathematics 9 No Public 9-12 1,641 0.45
Urban Assembly-Global Commerce NR No Public 9-12 153 0.49
Harlem Children's Zone Promise Academy II Charter 6 No Charter K-12 1,019 0.49
Harlem Renaissence High School 1 No Public 9-12 176 0.56
Capital Prep (Cp) Harlem Charter 6 No Charter 6-12 367 0.57

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

Neighbors for 242 East 121st Street, New York, NY

167 E 128th St, New York 230 E 122nd St, New York 2365 2nd Ave, New York 2405 2nd Ave, New York 1845 Park Ave, New York 217 E 123rd St, New York 237 E 123rd St, New York 2411 2nd Ave, New York 247 Rear E 119th St, New York 120 E 131st St, New York 2145-2151 Lexington Ave, New York 1811 Park Ave, New York 240 E 121st St, New York 2409 2nd Ave, New York 1871 Park Ave, New York 225 E 119th St, New York 247 E 123rd St, New York 2413 2nd Ave, New York 175 E 128th St, New York

Nearby ZIP codes for 242 East 121st Street, New York, NY

10025, New York City, NY 10026, New York City, NY 10027, New York City, NY 10028, New York City, NY 10029, New York City, NY 10030, New York City, NY 10031, New York City, NY 10037, New York City, NY 10039, New York City, NY 10075, New York City, NY 10115, New York City, NY 10128, New York City, NY 10162, New York City, NY 10451, New York City, NY 10454, New York City, NY 10455, New York City, NY 11102, New York City, NY 11103, New York City, NY 11105, New York City, NY 11106, New York City, NY

Frequently asked questions

What is the assessed value of 242 East 121st Street, New York, NY 10035?

242 East 121st Street, New York, NY 10035 is currently assessed at $275,400.

What are the property taxes for 242 East 121st Street, New York, NY 10035?

The property taxes for 242 East 121st Street, New York, NY 10035 total $26,389.

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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.

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