Bronx  »  10470  »  E 242nd St  »  555 E 242nd St

555 East 242nd Street, Bronx, NY 10470 - Property report

Also known as: 555 E 242nd St

Property image for 555 East 242nd Street, Bronx, NY 10470
static Mapbox map

Property type

Factory - Heavy Manufacturing (Fireproof) (F1)

Year built

1947

Lot sq. ft.

21,930

Sale price

$2,080,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
555 East 242nd Street
Alternate address(es)
575 E 242nd St
ZIP code
10470
Neighborhood
Wakefield
Borough
Bronx
Block & lot
05104-0014

Owner

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Building
Property type
Factory - Heavy Manufacturing (Fireproof) (F1)
Building sq. ft.
28,290
Building dimensions
200 ft x 98.77 ft
Buildings on lot
2
Stories
2
Year built
1947
Building material
Sales
Sale date
12/24/2025
Sale price
$2,080,000
Tax
Tax year
2026-2027
Property tax
$105,950
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
238.5 ft x 98.77 ft
Lot sq. ft.
21,930

Area overview

Walk score
76 /100.  Very Walkable
Transit score
85 /100.  Excellent Transit
Bike score
46 /100.  Somewhat Bikeable
School district
11
Community district
12
Closest police station
1.32 Miles
Closest fire station
0.95 Miles

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

Ownership

Ownership information for 555 East 242nd Street, Bronx, NY

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

Sales history for 555 East 242nd Street, Bronx, NY 10470

Sale date Sale price Buyer name Seller name
12/24/2025 $2,080,000 XXX XXXX XXXXX XX XXX XXX XXXX XXX XXXXXXXX XXX
04/06/2022 $4,075,000 XXX XXXX XXX XXXXXXXX XXX XXXXXXX XXXXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/22/2026 - R UCC3 Termination
(2026012000639001)		 XXX XXXX XXX XXXXXXXX XXX XXX XXXX XXX XXXXXXX X X
01/22/2026 - R Initial UCC1
(2026012000490004)		 XXX XXXX XXXXX XX XXX XXX XXXX XXX XXXXXX XXX
01/22/2026 - R
12/24/2025 - D		 Termination of Assign of L&R
(2026012000490005)		 XXX XXXX XXX XXXXXXX X X XXX XXXX XXX XXXXXXXX XXX
01/22/2026 - R
12/24/2025 - D		 Assignment of Leases and Rents
(2026012000490003)		 XXX XXXX XXXXX XX XXX XXX XXXX XXX XXXXXX XXX
01/22/2026 - R
12/24/2025 - D		 Agreement
(2026012000490002)		 XXX XXXX XXXXX XX XXX XXX XXXX XXX XXXXXX XXX
01/22/2026 - R
12/24/2025 - D		 Assignment, Mortgage
(2026012000490001)		 XXX XXXX XXX XXXXXXX X X XXX XXXX XXX XXXXXX XXX
01/12/2026 - R
12/24/2025 - D		 Deed
(2026010500710001)		 XXX XXXX XXX XXXXXXXX XXX XXX XXXX XXXXX XX XXX
10/17/2023 - R Initial UCC1
(2023101600051004)		 XXX XXXX XXX XXXXXXXX XXX XXX XXXX XXX XXXXXXX X X
10/17/2023 - R
09/22/2023 - D		 Assignment of Leases and Rents
(2023101600051003)		 XXX XXXX XXX XXXXXXXX XXX XXX XXXX XXX XXXXXXX X X
10/17/2023 - R
09/22/2023 - D		 Agreement
(2023101600051002)		 XXX XXXX XXX XXXXXXXX XXX XXX XXXX XXX XXXXXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 555 East 242nd Street, Bronx, 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
$105,950
Municipal exemptions
Recent tax assessments
Market value
$2,483,000
Assessed value
$1,117,350

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 $2,380,000 $1,071,000 $894,330 10.848% $97,017 $97,017 +4.52%
2024/25 $2,250,000 $1,012,500 $862,470 10.762% $92,819 $92,819 +4.96%
2023/24 $1,873,000 $842,850 $834,930 10.592% $88,436 $88,436 +0.01%
2022/23 $1,866,000 $839,700 $830,610 10.646% $88,427 $88,427 +16.52%
2021/22 $1,568,000 $705,600 $705,600 10.755% $75,887 $75,887 -14.62%
2020/21 $2,026,000 $911,700 $831,150 10.694% $88,883 $88,883 +5.39%
2019/20 $1,944,000 $874,800 $800,370 10.537% $84,335 $84,335 +6.04%
2018/19 $1,825,000 $821,250 $756,450 10.514% $79,533 $79,533 +4.57%
2017/18 $1,801,000 $810,450 $723,390 10.514% $76,057 $76,057 +4.98%
2016/17 $1,639,000 $737,550 $685,140 10.574% $72,447 $72,447 +1.50%
Permits

Permit information for 555 East 242nd Street, Bronx, NY

Filing date Job type Job status Job description Initial cost
06/15/2026 Alteration
06/28/2019 Alteration type 2
10/09/2008 Alteration type 2
07/13/2001 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
11/14/2025 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Neighborhood

Bronx commercial market stats

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

Q2 2026 median price/sq. ft.

$302

11.9% Y-o-Y

Q1 2026 median price/sq. ft.

$334

9.2% Y-o-Y

2025 median price/sq. ft.

$293

-1.7% Y-o-Y

Check out recently sold homes in Bronx 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
-

Subway & traffic

Closest station
White Plains Rd & 241st St at NW Corner
Station lines
2-5
Distance (miles)
0.25
View subway map

Access the detailed traffic volume map for 555 East 242nd Street, Bronx, NY 10470 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

Neighbors for 555 East 242nd Street, Bronx, NY

681 E 241st St, Bronx 807 E 242nd St, Bronx 4855 Baldwin St, Bronx 4807 Carpenter Ave, Bronx 4611 Furman Ave, Bronx 4761 Baldwin St, Bronx 4612 Bradley St, Bronx 4875 Baldwin St, Bronx 4526 Furman Ave, Bronx 4551 Bullard Ave, Bronx 4510 Furman Ave, Bronx 712 E 240th St, Bronx 2167 White Plains Rd, Bronx 4740 Richardson Ave, Bronx 4752 Bronx Blvd, Bronx 711 E 240th St, Bronx 4835 Baldwin St, Bronx 4614 Bradley St, Bronx 4779 White Plains Rd, Bronx 4600 White Plains Rd, Bronx

Nearby ZIP codes for 555 East 242nd Street, Bronx, NY

10457, New York City, NY 10458, New York City, NY 10460, New York City, NY 10461, New York City, NY 10462, New York City, NY 10463, New York City, NY 10466, New York City, NY 10467, New York City, NY 10468, New York City, NY 10469, New York City, NY 10471, New York City, NY 10550, Westchester County, NY 10552, Westchester County, NY 10553, Westchester County, NY 10701, Westchester County, NY 10704, Westchester County, NY 10705, Westchester County, NY 10708, Westchester County, NY 10803, Westchester County, NY

Frequently asked questions

What is the year built for 555 East 242nd Street, Bronx, NY 10470?

The development at 555 East 242nd Street, Bronx, NY 10470 was built in 1947.

What is the market value of 555 East 242nd Street, Bronx, NY 10470?

The current market value of 555 East 242nd Street, Bronx, NY 10470 is $2,483,000.

What is the total square footage of 555 East 242nd Street, Bronx, NY 10470?

555 East 242nd Street, Bronx, NY 10470 has a total of 28,290 square feet.

What is the price per square foot for this property?

$73 per square foot is the price for 555 East 242nd Street, Bronx, NY 10470.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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