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Off market
  • $698,200

    541 E 42nd St, Brooklyn, NY 11203

    3beds
    1,322sqft
    SingleFamily
    Built in 1940
    2,150 Square Feet Lot
    $698,200 Zestimate®
    $528/sqft
    $4,724 Estimated rent

    Home value

    $698,200

    $649,000 - $747,000

    $4,724/mo

    Zestimate® history
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    Owner options

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    $4,724/mo

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    $4,724/mo

    Rent Zestimate®

    Refinance and save

    $4,127/mo

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    $4,127/mo

    Est. payment

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    What's special

    Rec areaLaundry areaCovered porchLarge open kitchenStarter homeNew cabinets

    Despite all the gloomy economic news, you're still in the running to become a homeowner in 2022. And 541 East 42nd St makes that possible at a price typically offered only to investors. This 1940 brick townhouse with driveway and garage is the perfect starter home in the Farragut section of East Flatbush, Brooklyn for the person open to several home improvement projects. Ascend the exterior brick stairs, past the covered porch overlooking the yard and driveway, and pass through its vestibule into a spacious living room, just off the dining area. High concave wood coffered ceilings instantly grab your attention when you enter and introduce you to the stunning mid century modern architecture of the era. Discover the large open kitchen just off the dining area and continue through where you encounter an immense first floor bathroom and 2 spacious bedrooms. Descend stairs facing the bathroom will transport you to the english basement where a 2nd Full Bathroom, Rec Area, Laundry Area and Bedroom exist. You'll have complete access to the Backyard and Garage from the basement level plus additional storage. What are the home improvement projects awaiting you? Both bathrooms need a facelift and the Kitchen needs to be updated with new cabinets, countertops and appliances. Which is why Investors would line up at the front door to buy this home. These home improvements are nominal in cost and could be easily financed in your mortgage. Where else could you own a home for less than the price of a 2 Bedroom Condo in Brooklyn? This is your chance to get out of that expensive apartment you're renting.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total interior livable area: 1,322 sqft

    Property

    Lot
    • Size: 2,150 Square Feet
    Details
    • Parcel number: 049590050

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1940

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $528/sqft
    • Tax assessed value: $529,000
    • Annual tax amount: $5,991

    Price history

    DateEventPrice
    11/4/2022Sold$495,000$374/sqft
    Source: Public Record Report a problem
    9/1/2022Pending sale$495,000$374/sqft
    Source: StreetEasy Report a problem
    8/1/2022Listed for sale$495,000+49400%$374/sqft
    Source: StreetEasy Report a problem
    6/13/1994Sold$1,000$1/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,991 +4.7%$31,740 -0.6%
    2024$5,720 $31,920 -9.2%
    2023-- $35,160 +20.1%
    2022-- $29,280 -8.8%
    2021-- $32,100 +9.4%
    2020$5,029 +6.4%$29,340 -9.6%
    2019$4,727 +0.9%$32,460 +45%
    2018$4,684 +2.6%$22,392
    2017$4,565 +17.8%$22,392 +4.8%
    2016$3,874 $21,360 +1.9%
    2015$3,874 +55.1%$20,965 +6%
    2014$2,498 $19,779 +6%
    2013-- $18,660 -6.3%
    2012-- $19,905 +0.7%
    2011-- $19,767 +4%
    2010-- $19,008 +5.2%
    2009-- $18,071 +6%
    2008-- $17,049 +2.8%
    2007-- $16,588 +0.7%
    2006-- $16,473 +4%
    2005-- $15,840 +5.2%
    2004-- $15,060 +6%
    2003-- $14,208 +2.8%
    2002-- $13,824 +0.7%
    2001-- $13,728 +4%
    2000-- $13,200
    Find assessor info on the county website

    Neighborhood: East Flatbush

    Nearby schools

    GreatSchools rating