Kings  »  11201  »  Red Cross Pl  »  42 Red Cross Pl

Bridge Substation - 42 Red Cross Place, Brooklyn, NY 11201 - Property report

Also known as: 42 Red Cross Pl

Property image for Bridge Substation - 42 Red Cross Place, Brooklyn, NY 11201
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Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

1910

Lot sq. ft.

6,680

General information

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Address
Building name
Bridge Substation
Primary address
Bridge Substation - 42 Red Cross Place
Alternate address(es)
40 Sands St
ZIP code
11201
Neighborhood
Downtown Brooklyn
Borough
Brooklyn
Block & lot
00075-0109

Owner

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Building
Property type
Office with Commercial - 1 to 6 Stories (O5)
Building sq. ft.
7,473
Building dimensions
53 ft x 141 ft
Buildings on lot
1
Stories
1
Year built
1910
Building material
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Zoning & Use
Qualified opportunity zone
Commercial units
1
Office sq. ft.
Lot
Lot dimensions
53 ft x 141 ft
Lot sq. ft.
6,680

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
13
Community district
2
Closest police station
0.41 Miles
Closest fire station
0.15 Miles

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

Ownership information for Bridge Substation - 42 Red Cross Place, Brooklyn, NY

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

Sales history for Bridge Substation - 42 Red Cross Place, Brooklyn, NY 11201

No recently recorded sales for this property.

More about New York City property records.

Title documents

No recently recorded documents for this property.

Property taxes for Bridge Substation - 42 Red Cross Place, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Municipal exemptions
Recent tax assessments
Market value
$1,507,000
Assessed value
$678,150

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 $1,516,000 $682,200 $0 10.848% $74,005 $0 n/a
2024/25 $1,467,000 $660,150 $0 10.762% $71,045 $0 n/a
2023/24 $1,731,000 $778,950 $0 10.592% $78,731 $0 n/a
2022/23 $1,639,000 $737,550 $0 10.646% $76,948 $0 n/a
2021/22 $1,341,000 $603,450 $0 10.755% $64,901 $0 n/a
2020/21 $1,766,000 $794,700 $0 10.694% $79,923 $0 n/a
2019/20 $1,782,000 $801,900 $0 10.537% $78,418 $0 n/a
2018/19 $1,503,000 $676,350 $0 10.514% $71,111 $0 n/a
2017/18 $1,564,000 $703,800 $0 10.514% $73,998 $0 n/a
2016/17 $1,689,000 $760,050 $0 10.574% $72,441 $0 n/a

Permit information for Bridge Substation - 42 Red Cross Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/14/2015 Alteration type 3

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Brooklyn commercial market stats

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

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Red Cross Pl & Adams St at SW Corner
Station lines
A-C-J-Z-2-3-4-5
Distance (miles)
0.049

Access the detailed traffic volume map for Bridge Substation - 42 Red Cross Place, Brooklyn, NY 11201 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

Frequently asked questions

What is the year built for Bridge Substation - 42 Red Cross Place, Brooklyn, NY 11201?

The development at Bridge Substation - 42 Red Cross Place, Brooklyn, NY 11201 was built in 1910.

What is the market value of Bridge Substation - 42 Red Cross Place, Brooklyn, NY 11201?

The current market value of Bridge Substation - 42 Red Cross Place, Brooklyn, NY 11201 is $1,507,000.

What is the total square footage of Bridge Substation - 42 Red Cross Place, Brooklyn, NY 11201?

Bridge Substation - 42 Red Cross Place, Brooklyn, NY 11201 has a total of 7,473 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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