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
- Full Bathrooms: 16
- Appliances: Refrigerator, Stove
- Basement: Yes
- Flooring Type: Hardwood
- Fireplace: Stove
- Total Bedroom Count: 32
- Parking: Other, Street
- Architectural Style: Other
- Heating: Steam, Natural Gas
- List Price: $3,295,000
- Price/SqFt: $228
- Annual Tax Amount: $65,913
- Tax Year: 2024
- Year Built: 1928
- Stories: 4
- Living Area: 14,400 SqFt
- MLS Number: 479190
- Office Name: RE/MAX Real Estate Professiona
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Last updated on: 7/21/2025, 10:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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
6
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. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
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
Frequently asked questions
About 902 42nd St
The listing price of 902 42nd St property is $3,295,000.
The property 902 42nd St is a multi located in Brooklyn, New York, 11219.
Active Listing: 902 42nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 902 42nd St are: P.S. 131 Brooklyn (GreatSchools Rating 6/10), P.S. 169 Sunset Park School (GreatSchools Rating 7/10), School of Creativity and Innovation (The) (GreatSchools Rating 8/10), J.H.S. 220 John J Pershing (GreatSchools Rating 7/10), Intermediate School 136 Charles O Dewey (GreatSchools Rating 2/10), Sunset Park Preparatory (GreatSchools Rating 5/10), West Brooklyn Community High School (GreatSchools Rating 3/10), Sunset Park High School (GreatSchools Rating 4/10), Urban Assembly School for Leadership and Empowerment (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $65,913 (source: MLS/based on county public records data).
The property 902 42nd St is 14,400 SqFt (source: MLS/tax record).
The year of construction for 902 42nd St is 1928.
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 June 2025 more than 44 listings in Brooklyn, NY were sold above the asking price. During the same period more than 293 listings were sold at asking price, while more than 155 were sold below. The number of listings in Brooklyn, NY decreased by 5% between May and June 2025. While the average time on the market in June 2025 was 92 days, the median list price was $1,019,077.