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NYC Building Records · BBL 2051150024

707 EAST 242 STREET

Bronx · Block 5115 · Lot 24 · Elevator, post-1929 (Class D7)

707 EAST 242 STREET is a Class D7 (elevator, post-1929) building in Bronx (BBL 2051150024) built in 1940, with 68 residential units across 6 floors.

The building is in NYC community district 212, council district 11, zoning district R6A, on a 12,848-square-foot lot with a building footprint of 58,682 square feet.

The current registered owner of record per NYC PLUTO is PARKASH 242 LLC.

MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

NYC public records show 1 open HPD housing-maintenance code violation on this property as of May 18, 2026, all Class B (hazardous).

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

PARKASH 242 LLC
HPD-registered head officer: VED PARKASH

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerVED PARKASH
  • Corporate OwnerPARKASH 242 LLC

Most recent deed

Most recent ACRIS document: MTGE recorded Sep 2, 2015.
🔒 See the full deed history for this building →

Recent ACRIS documents (last 2)

DateTypeAmountParties
Sep 2, 2015MTGE$5.6MParties redacted — full names in MetroDeeds Scout+
Mar 27, 2012AGMT$9.0MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 2 redacted buyer/seller names above →

Building stats

Units
68
Year built
1940
Class
D7
Borough
Bronx
Zoning:
R6A
Lot size:
12,848 sqft
Building area:
58,682 sqft
Floors:
6
Assessed value:
$1.9M
Community district:
212
Council district:
11

HPD violations

1 open
Most severe class on record: Class C (immediately hazardous)
🔒 See closure dates + inspector notes for all 1 →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class BInspected Apr 24, 2026
    § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT CEILING IN THE KITCHEN LOCATED AT APT 1…
  • Class BInspected Apr 24, 2026
    § 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT CEILING IN THE KITCHEN LOCATED AT APT 1M, 1st STOR…
  • Class BInspected Apr 16, 2026
    § 27-2045(B)(1)(A) HMC, § 12-01, § 12-03 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN AC…
  • Class BInspected Apr 16, 2026
    § 27-2070 ADM CODE PROVIDE AN ADEQUATE SUPPLY OF GAS TO THE FIXTURES AT RANGE IN THE KITCHEN LOCATED AT APT 1M, 1st STORY, 1st APARTMENT FRO…
  • Class BInspected Apr 16, 2026
    § 27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... GREATER THAN 10 SQ FT AT EAST WALL (APPROX 13 SQ FT) AN…
🔒 See closure dates + classification for all 1 →

Recent ACRIS activity

2 documents in the last 5 years (most recent Sep 2, 2015).

Frequently asked questions about 707 EAST 242 STREET

Who owns 707 EAST 242 STREET?

The current registered owner of record for 707 EAST 242 STREET per NYC PLUTO is PARKASH 242 LLC. MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

When was 707 EAST 242 STREET last sold?

MetroDeeds shows no confirmed ACRIS deed transfer for 707 EAST 242 STREET in the last 5 years of recorded NYC public-records data. NYC ACRIS coverage extends back to 1966; an absence in our 5-year window typically means either the BBL has not transacted recently, or the most recent recorded document is not a DEED type (such as a refinance rather than a sale).

How many HPD violations does 707 EAST 242 STREET have?

1 open HPD housing-maintenance code violation on this property as of May 18, 2026, all Class B (hazardous). HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 707 EAST 242 STREET?

NYC Department of Finance assesses 707 EAST 242 STREET at $1.89M 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 707 EAST 242 STREET and what does that mean?

707 EAST 242 STREET is NYC building class D7 — Elevator, post-1929. A post-1929 elevator apartment building, typically 7+ stories. 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.

More from MetroDeeds

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