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1242 E 55th St, Brooklyn, NY 11234 Property Records

New York City property record for 1242 E 55th St, Brooklyn, NY 11234

Property Summary

Property TypeDuplex
Details2,279 sqft · built 1960
Lot Size0.046 acres (2,000 sqft)
Owner2 Individual Names on Record
Last Sale$470,000 (May 2015)
Tax Bill$8,384 (2025)
Deeds & MortgagesOct 2020 Mortgage
Sep 2020 Loan Modification
+ 1 more
APN07802-0077

Property Details

APN / Parcel Number

Primary APN07802-0077
Alternative APNs
  • 2308078020077
  • 3-07802-0077

Interior

Units2 Units
Stories2 Stories
Building Area2,279 sqft Living Area
1st Floor Area740 sqft

Exterior

Year BuiltBuilt 1960
Effective Year BuiltEffective 1960
Architectural StyleDuplex Single
Lot Area2,000 sqft (0.046 acres)
Lot Dimensions100 ft deep x 20 ft wide

Location & Zoning

Account Number3-07802-0077
Street Address1242 E 55TH ST
CityBROOKLYN
StateNY
Zip11234-2418
Property CategoryResidential
Property TypeResidential > Multi-Unit > Duplex
Local Zoning CodeR4
Legal Block7802
Legal Lot Number77
JurisdictionKINGS (BROOKLYN) NY
Township / Civil DivisionBROOKLYN
Census Block Group1
Census Block1002
Census Tract67800

Owner

Source: New York City records, as of May 4, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on Record
Mailing Address1242 E 55TH ST, BROOKLYN, NY 11234-2418
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Oct 15, 2020Deed of Trust, Mortgage
MERS
Sep 22, 2020Loan Modification, Mortgage · Conventional Mortgage
MAGNOLIA BK
Apr 26, 2017Quit Claim Deed, Transfer
RAM ABSTRACT LIMITED, RAM ABSTRACT LTD

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleMay 21, 2015 · Amount on Record
Deed SaleMay 21, 2015 · Amount on Record
Deed Document Number2015170934
Last Transfer DateApr 13, 2017
Transfer Doc0000158903
Record UpdatedJun 8, 2026

October 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKINGS (BROOKLYN) NY
Property Address1242 E 55TH ST, BROOKLYN, NY 11234-2418
Transaction TypeMortgage
Record UpdatedMar 1, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000284307
DateOct 15, 2020
Instrument2020000284307
Lender
NameMERS
AddressPO BOX 2026, FLINT, MI 48501
Agreement
AmountAmount Recorded

September 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionKINGS (BROOKLYN) NY
Property Address1242 E 55TH ST, BROOKLYN, NY 11234-2418
Document Number0000284310
Instrument DateSep 22, 2020
Transaction TypeMortgage
Record UpdatedOct 29, 2020
Title CompanyMADISON TITLE AGENCY LLC, MADISON TITLE AGCY LLC

Transferred To (Grantee/Buyer)

NameVerified Name
Address1242 E 55TH ST BROOKLYN NY 112342418, BROOKLYN, NY 11234-2418

Mortgage

Document Number0000284310
DateOct 15, 2020
Instrument284310
Lender
NameMAGNOLIA BK
TypeBank
AddressHODGENVILLE, KY 42748
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueOct 14, 2050
Interest
Rate TypeFixed Rate
Rate2.99%

April 2017: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionKINGS (BROOKLYN) NY
Recording DateApr 26, 2017
Property Address1242 E 55TH ST, BROOKLYN, NY 11234-2418
Document Number0000158903
Instrument DateApr 13, 2017
Instrument158903
Transaction TypeTransfer
Record UpdatedMay 3, 2017
Title CompanyRAM ABSTRACT LIMITED, RAM ABSTRACT LTD

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address1242 E 55TH ST BROOKLYN NY 112342418, BROOKLYN, NY 11234-2418

Tax Assessment & Valuation

Source: New York City assessment roll, as of May 4, 2026

Property Jurisdictions

TypeName
StateNew York
CountyKings County
MunicipalityNew York City
Unified School DistrictNew York City Department Of Education (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$55,560 (+0.22%) Land $9,360 Building $46,200$926,000 (+0.22%) Land $156,000 Building $770,000
2025$8,384.00 (+12.37%)
2023$7,461.00$55,440 Land $9,360 Building $46,080$924,000 Land $156,000 Building $768,000

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneNot on file
Nearby Flood Policies1 in force
Nearby Flood Claims3 (1980–2016)
Claims Outside the SFHA2 of 3
Most Recent ClaimJul 2016 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemNEW YORK CITY SYSTEM
serves 8,271,000 people · EPA ID NY7003493
Water SourceSurface water
Last State InspectionDec 2025
Lead10 ppb (2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureUncovered finished water reservoir
currently in violation since Feb 2017
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 1,832 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Optimum
Fiber · Cable		8,000 / 8,000
Verizon
Fiber · Fixed Wireless in parts of the area		2,300 / 2,300

May also be available: T-Mobile.

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