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Brooklyn / Williamsburg / 11211

242 SOUTH 2 STREET

Boro3
Block2420
Lot15
BBL3024200015
Class C6
Residential units
33
Units in total
34
Storeys
6
Year built
1914
Last alteration on file
1982
Recorded transfers
15 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
22 Nov 2022$525,00012SINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Sep 2022$325,00014SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Nov 2019$300,0001ASINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Apr 2018$500,00010SINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Aug 2017$425,0008SINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Apr 2013$225,00032SINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Jun 2010$230,0005SINGLE RESIDENTIAL COOP UNITRPTT&RET
10 May 2010$390,0007SINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Oct 2008$166,5001ASINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Sep 2008$251,25033APARTMENT BUILDINGDEED
24 Sep 2007$395,00018SINGLE RESIDENTIAL CONDO UNITRPTT&RET
2 Mar 2007$215,00018SINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Feb 2007$185,000-SINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Jan 2007$250,00033MULTIPLE RESIDENTIAL COOP UNITRPTT&RET
10 Oct 2006$375,00012SINGLE RESIDENTIAL COOP UNITRPTT&RET
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20222$425,000$325,000$525,000
20191$300,000--
20181$500,000--
20171$425,000--
20131$225,000--
20102$310,000$230,000$390,000
20082$208,875$166,500$251,250
20074$232,500$185,000$395,000
20061$375,000--
02

The building on the lot

Section through the lot

LOT 6,000 SQ FT6
Drawn from PLUTO: 6 storeys, 24,850 sq ft of building on 6,000 sq ft of lot, an average floor plate covering 69% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
6,000 sq ft
Building area
24,850 sq ft
Residential area
23,850 sq ft
Commercial area
1,000 sq ft
Office area
-
Retail area
1,000 sq ft
Buildings on the lot
1
Built floor area ratio
4.14
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$135,000
Assessed total value
$1,434,600
Exempt value
$774,892
Assessed per residential unit
$43,473

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
C6WALK-UP COOPERATIVE
Neighbourhood
Williamsburg
ZIP code
11211
Community district
Brooklyn 1
Council district
34
Coordinates
40.711629, -73.958342
05

Other buildings in Williamsburg

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
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11 WHARF WAYRM487202360$1.33m
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22 NORTH 6 STREETRX359-0-
188 MARCY AVENUED934819630-
184 KENT AVENUERM3331914417$1.16m
266 KENT AVENUERM33220180-
2 NORTHSIDE PIERSRM2672010442$1.68m
34 NORTH 6 STREETRM25120130-
236 NORTH 10 STREETD823420122-

Every building on file in Williamsburg