575 EAST 242 STREET
575 EAST 242 STREET is a Class F1 (factory / industrial building) building in Bronx (BBL 2051040014) built in 1947, with 1 residential unit across 2 floors.
The building is in NYC community district 212, council district 11, zoning district M1-1, on a 21,930-square-foot lot with a building footprint of 28,290 square feet.
The current registered owner of record per NYC PLUTO is 555 EAST 242ND ST LLC.
The most recent ACRIS deed transfer for this BBL was recorded on December 24, 2025 when 555 EAST 242 HOLDINGS LLC conveyed the property to 555 EAST 242ND ST LLC for $2.08M. The transaction was recorded as cash (no paired mortgage instrument).
Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.
Owner of record
Most recent deed
Activity timeline
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- M1-1
- Lot size:
- 21,930 sqft
- Building area:
- 28,290 sqft
- Floors:
- 1.5
- Assessed value:
- $1.0M
- Community district:
- 212
- Council district:
- 11
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 575 EAST 242 STREET
Who owns 575 EAST 242 STREET?
The current registered owner of record for 575 EAST 242 STREET per NYC PLUTO is 555 EAST 242ND ST LLC. The most recent ACRIS deed transfer for this BBL was recorded on December 24, 2025 when the property was conveyed to 555 EAST 242ND ST LLC. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.
When was 575 EAST 242 STREET last sold?
The most recent ACRIS deed transfer for 575 EAST 242 STREET was recorded on December 24, 2025, when 555 EAST 242 HOLDINGS LLC conveyed the property to 555 EAST 242ND ST LLC for $2.08M. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 575 EAST 242 STREET have?
No open HPD housing-maintenance code violations are on record for 575 EAST 242 STREET. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 575 EAST 242 STREET?
NYC Department of Finance assesses 575 EAST 242 STREET at $1.01M for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.
What building class is 575 EAST 242 STREET and what does that mean?
575 EAST 242 STREET is NYC building class F1 — Factory / industrial building. Factory / industrial building. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.