New York City » 11222 » Varick Ave » 542 Varick Ave

542 Varick Avenue, Brooklyn, NY 11222 - Property report

Also known as: 2 Thomas St

Property image for 542 Varick Avenue, Brooklyn, NY 11222

Property type

Other Miscellaneous (Z9)

Lot sq. ft.

14,134

Sale price

$2,060,500

General information

Address

Primary address

542 Varick Avenue

Alternate address(es)

2 Thomas St
542-554 Varick Ave

ZIP code

11222

Neighborhood

Greenpoint

Borough

Brooklyn

Block & lot

02806-0007

Building

Property type

Other Miscellaneous (Z9)

Buildings on lot

Sales

Sale date

05/28/2014

Sale price

$2,060,500

Tax

Tax year

2026-2027

Property tax

$21,147

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Varick Avenue (narrow)
Brooklyn Queens Expressway (wide)

Distance to wide street

Lot dimensions

70.67 ft x 200 ft

Lot sq. ft.

14,134

Area overview

Walk score

78 /100. Very Walkable

Transit score

53 /100. Good Transit

Bike score

70 /100. Very Bikeable

School district

Community district

Closest police station

0.95 Miles

Closest fire station

0.75 Miles

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

Ownership

Ownership information for 542 Varick Avenue, Brooklyn, 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 542 Varick Avenue, Brooklyn, NY 11222

Sale date	Sale price	Buyer name	Seller name
05/28/2014	$2,060,500	XXX XXXXXX XXXXXX XXXXXX, XXX	XXXX XX XXXXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/10/2025 - R	UCC3 Continuation (2025091000414001)	XX XXXXXX XXXXXX XXXXXX XXX	XXXXXXXX XXXX X X
07/03/2025 - R	UCC3 Continuation (2025070200505001)	XXX XXXXXX XXXXXX XXXXXX XXX	XXXXXXXX XXXX X X
12/16/2020 - R	Initial UCC1 (2020120600004005)	XX XXXXXX XXXXXX XXXXXX XXX	XXXXXXXXX XXXX
12/16/2020 - R 11/30/2020 - D	Assignment of Leases and Rents (2020120600004004)	XX XXXXXX XXXXXX XXXXXX XXX	XXXXXXXXX XXXX
12/16/2020 - R 11/30/2020 - D	Agreement (2020120600004003)	XX XXXXXX XXXXXX XXXXXX XXX	XXXXXXXXX XXXX
12/16/2020 - R 11/30/2020 - D	Mortgage (2020120600004002)	XX XXXXXX XXXXXX XXXXXX XXX	XXXXXXXXX XXXX
12/16/2020 - R 11/19/2020 - D	Termination of Assign of L&R (2020120600004001)	XXXXXXXXX XXXX	XX XXXXXX XXXXXX XXXXXX XXX
09/15/2020 - R	UCC3 Continuation (2020091400802001)	XXX XXXXXX XXXXXX XXXXXX XXX	XXXXXXXXX XXXX
10/27/2015 - R	Initial UCC1 (2015102700429001)	XXX XXXXXX XXXXXX XXXXXX XXX	XXXXXXXXX XXXX
06/03/2014 - R 05/28/2014 - D	Assignment of Leases and Rents (2014060200543003)	XXX XXXXXX XXXXXX XXXXXX XXX	XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 542 Varick Avenue, 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

Property tax

$21,147

Municipal exemptions

Recent tax assessments

Market value

$459,000

Assessed value

$206,550

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	$446,000	$200,700	$189,270	10.848%	$20,532	$20,532	-1.17%
2024/25	$433,000	$194,850	$193,050	10.762%	$20,776	$20,776	+3.78%
2023/24	$420,000	$189,000	$189,000	10.592%	$20,019	$20,019	+2.42%
2022/23	$408,000	$183,600	$183,600	10.646%	$19,546	$19,546	+1.99%
2021/22	$396,000	$178,200	$178,200	10.755%	$19,165	$19,165	-13.54%
2020/21	$488,000	$219,600	$207,270	10.694%	$22,165	$22,165	+4.53%
2019/20	$474,000	$213,300	$201,240	10.537%	$21,205	$21,205	+3.89%
2018/19	$460,000	$207,000	$194,130	10.514%	$20,411	$20,411	+3.45%
2017/18	$447,000	$201,150	$187,650	10.514%	$19,730	$19,730	+2.33%
2016/17	$434,000	$195,300	$182,340	10.574%	$19,281	$19,281	+1.54%

Permits

Permit information for 542 Varick Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
10/27/2009	Alteration type 2
10/07/1994	Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

East Williamsburg residential market stats

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

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% Y-o-Y

Check out recently sold homes in Brooklyn 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

Manhattan Ave & Nassau Ave at SE Corner

Station lines

Distance (miles)

0.857

View subway map

Access the detailed traffic volume map for 542 Varick Avenue, Brooklyn, NY 11222 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. 110 The Monitor	6	Yes	Public	PK, K-5	499	0.41
P.S. 110 The Monitor	6	Yes	Public	PK, K-5	499	0.41
St Stanislaus Kostka Catholic Academy	NR	No	Private	PK-8	172	0.64
St Stanislaus Kostka Catholic Academy	NR	No	Private	PK-8	172	0.64
St. Stanislaus Kostka School	NR	No	Private	PK, K-8	253	0.65
St. Stanislaus Kostka School	NR	No	Private	PK, K-8	253	0.65
Carrig Montessori School	NR	No	Private	PK-K	39	0.71
Citizens of the World Charter School 1	NR	No	Charter	K-2	383	0.81
P.S. 34 Oliver H Perry	8	No	Public	PK, K-5	402	0.81
P.S. 34 Oliver H Perry	8	No	Public	PK, K-5	402	0.81

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
St Stanislaus Kostka Catholic Academy	NR	No	Private	PK-8	172	0.64
St. Stanislaus Kostka School	NR	No	Private	PK, K-8	253	0.65
John Ericsson Middle School 126	5	No	Public	6-8	177	0.80
Queen of the Rosary Catholic Academy	NR	No	Private	PK-8	219	0.85
Riverview School (The)	NR	No	Public	K-12	663	1.04
St. Teresa School	NR	No	Private	PK, K-8	0	1.06
Northside Catholic Academy	NR	No	Private	PK, K-8	103	1.11
Lyons Community School	3	No	Public	6-12	383	1.19
Ms 582	5	No	Public	6-8	317	1.19
Robert F Wagner Junior Secondary School-Arts and Technology	7	No	Public	6-12	611	1.19

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Northside Charter High School	3	No	Charter	9-12	401	0.80
Progress High School for Professional Careers	2	No	Public	9-12	392	0.97
High School Of Enterprise Business And Technology	2	No	Public	9-12	536	0.97
East Williamsburg Scholars Academy	3	No	Public	9-12	474	0.97
Riverview School (The)	NR	No	Public	K-12	663	1.04
A-Tech High School	3	No	Public	9-12	374	1.05
Brooklyn Latin School	9	No	Public	9-12	800	1.19
Williamsburg High School of Art and Technology (The)	6	No	Public	9-12	408	1.19
Lyons Community School	3	No	Public	6-12	383	1.19
Queens Technical High School	4	No	Public	9-12	1,347	1.19

Nearby ZIP codes for 542 Varick Avenue, Brooklyn, NY

10009, New York City, NY 10010, New York City, NY 10016, New York City, NY 10017, New York City, NY 10022, New York City, NY 10044, New York City, NY 10167, New York City, NY 10170, New York City, NY 10172, New York City, NY 10174, New York City, NY 11101, New York City, NY 11104, New York City, NY 11106, New York City, NY 11109, New York City, NY 11205, New York City, NY 11206, New York City, NY 11211, New York City, NY 11237, New York City, NY 11378, New York City, NY

Frequently asked questions

When was 542 Varick Avenue, Brooklyn, NY 11222 last sold and what was the sale price?

542 Varick Avenue, Brooklyn, NY 11222 was last sold on 05/28/2014 for $2,060,500.

What is the assessed value of 542 Varick Avenue, Brooklyn, NY 11222?

542 Varick Avenue, Brooklyn, NY 11222 is currently assessed at $206,550.

What are the property taxes for 542 Varick Avenue, Brooklyn, NY 11222?

The property taxes for 542 Varick Avenue, Brooklyn, NY 11222 total $21,147.

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.