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242 East 121st Street, New York, NY 10035 Property Information

242 East 121st Street, New York, NY 10035 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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242 East 121st Street, New York, NY 10035 2
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Address

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

Sales & Tax Overview for 242 East 121st Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $26,389

Lot & Building Information for 242 East 121st Street, New York

Lot sq. ft. 2,725
Lot dimensions 27 ft x 100.92 ft
Property type Unlicensed Parking Lot (G7)
Frontage(s) East 121 Street (narrow)
Nearest wide street 2 Avenue
Distance to wide street
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Zoning & Use for 242 East 121st Street, New York

Zoning

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 neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 242 East 121st Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 242 East 121st Street, New York, NY 10035, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 242 East 121st Street, New York, NY 10035, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 242 East 121st Street, New York

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

Assessed at $289,800, the tax amount paid for 242 East 121st Street, New York, NY 10035 is $26,788. For the next year, the tax amount for 242 East 121st Street, New York, NY 10035 is estimated at $26,389.

When was 242 East 121st Street, New York, NY 10035 last sold?

242 East 121st Street, New York, NY 10035 was last sold in 08/26/1999.

Ownership Information for 242 East 121st Street, New York

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Property owner name for 242 East 121st Street, New York, NY 10035
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Building contacts for 242 East 121st Street, New York, NY 10035
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 242 East 121st Street, New York

Create a free account to view the complete sales history for 242 East 121st Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 242 East 121st Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/07/2021 - R Initial UCC1
(2021103000039001)
09/03/2021 - D
11/30/2021 - R		 Subordination of Mortgage
(2021110301569002)
09/03/2021 - D
11/30/2021 - R		 Subordination of Mortgage
(2021110301569001)
09/03/2021 - D
10/27/2021 - R		 Assignment of Leases and Rents
(2021101500553002)
09/03/2021 - D
10/27/2021 - R		 Agreement
(2021101500553001)
09/03/2021 - D
09/30/2021 - R		 Termination of Assign of L&R
(2021092500040002)
08/05/2004 - D
09/01/2004 - R		 Assignment of Leases and Rents
(2004080901604003)
08/05/2004 - D
09/01/2004 - R		 Agreement
(2004080901604002)
08/05/2004 - D
09/01/2004 - R		 Mortgage
(2004080901604001)
11/25/2002 - R Assignment, Mortgage
(1810008898581)
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R: Recorded date
D: Document date

Property Taxes for 242 East 121st Street, New York

Access detailed property tax data for 242 East 121st Street, New York, NY 10035. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $26,788
Estimated property tax: $26,389
Tax assessor's market value: $644,000
Assessed value: $289,800

More about New York City Property Taxes

Assessment History for 242 East 121st Street, New York

Here's the assessment & property tax history for 242 East 121st Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year 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%
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Permits for 242 East 121st Street, New York

The complete history of permits filed for 242 East 121st Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

No recorded permits for this property.

East Harlem Residential Market Stats

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

Median Sale Price
$530,000
-17.2% YoY
Median Price/Sqft
$897
1.9% YoY
Manhattan Median Sale Price
$1,200,000
9.3% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 4 (See more on map)

Transportation

Distance to Subway
Closest station Lexington Ave & 125th St at SE Corner
Station lines 4-5-6
Distance (miles) 0.277
View subway map
Bus Routes
Name 2 Av/E 121 St
Distance (miles) 0.04

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 242 East 121st Street, New York

Here are the neighbors for 242 East 121st Street, New York, NY 10035.

Address Square feet Purchase date Purchase price
167 E 128th St, New York
230 E 122nd St, New York 4,750 01/06/2025
2365 2nd Ave, New York 01/29/2026 $5,700,000
2405 2nd Ave, New York 10,068 05/30/2012 $5,554,027
1845 Park Ave, New York 06/27/2013
217 E 123rd St, New York 1,715 08/07/1973
237 E 123rd St, New York 4,606
2411 2nd Ave, New York 10,068 05/30/2012 $5,554,027
247 Rear E 119th St, New York 09/24/1980
120 E 131st St, New York 27,800 01/11/1968
2145-2151 Lexington Ave, New York 216
1811 Park Ave, New York 12/16/2022 $8,900,000
240 E 121st St, New York 08/26/1999
2409 2nd Ave, New York 10,068 08/18/2016
1871 Park Ave, New York 5,390 06/21/2016 $2,750,000
225 E 119th St, New York 117,600
247 E 123rd St, New York 15,290 05/30/2012 $5,554,027
2413 2nd Ave, New York 2,014 04/01/2019 $1,788,000
175 E 128th St, New York
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