902 42nd St Brooklyn, NY 11219
Property details
About 902 42nd St
Don't miss this rare chance to own a 16-family brick building in Sunset Park, a prime location in Brooklyn. This corner property is rent stabilized and has a zoning of R6, offering great potential for development. The building size is 40x90 and the lot size is 40x100. All units have two bedrooms and are fully occupied, generating a gross income of 307,353 and a net income of 208,718. This is a solid investment opportunity with a 6% cap rate. Close to transportation, shopping, and schools.
Highlights
Summary
- MLS Number: 479190
- Office Name: RE/MAX Real Estate Professiona
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Last updated on: 2/7/2025, 11:55:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,295,000
902 42nd St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $539,100 | $65,913 |
| 2023 | $580,050 | $66,048 |
| 2021 | $476,550 | $116,916 |
| 2019 | $557,550 | $64,495 |
| 2018 | $531,000 | $55,610 |
| 2017 | $527,850 | $49,659 |
History based on county public records data.
Nearby schools
7
P.S. 131 Brooklyn
Public District PK-5
0.3 mi
•4305 Fort Hamilton Pkwy
7
P.S. 169 Sunset Park School
Public District KG-5
0.3 mi
•4305 7th Ave
8
School of Creativity and Innovation (The)
Public District PK-2
0.4 mi
•736 48th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,265. Typical income of Brooklyn, NY residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
This home is located at 902 42nd St in Brooklyn, NY and zip code 11219 in the Sunset Park neighborhood. This 14,400 square foot home was built in 1928. Features: 32 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $3,295,000.
In January 2025, from all listings sold in Brooklyn, NY there were more than 31 sold above asking price, over 154 sold below and more than 254 were sold right at the asked price. Between December and January 2025, Brooklyn, NY real estate market has seen decrease in the number of listings by 4.4%. Listings spent 93 days on the market in January 2025, and had a median list price of $991,265 during the same period.