1118 42nd Street, Brooklyn
Vacant land · Block 5597, Lot 15.
Building permits
- New Building — Multi-Family, filed Oct 15, 2024, 4 units, 4 stories, described as “New mixed use building, 4-stories, penthouse and cellar”
- Alteration, filed Sep 9, 2026, estimated cost $10K, described as “Installation of 300 psf sidewalk shed and overhead protection as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Demolition, filed Jun 18, 2024, estimated cost $20K, described as “Full demolition to a three story house”
- Alteration, filed Jun 5, 2024, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
Property taxes
- Assessment
- $241,650
- 2026–27 tax
- $11,603
- Market value (city estimate)
- $537,000
- Taxable value
- $106,957
- Assessed land
- $241,650
Zoning
R6: floor area ratio 0.00 built, 2.43 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Mar 29, 2023: $1,920,000
Open-market sales since 2016, from the Department of Finance’s sales files.