242 Broadway

242 Broadway has about 36,000 square feet of floor area in total, including 36,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1910 as the year built, with a major alteration recorded in 2021. The building is 5 floors tall.

City records list 240-244 Broadway on the same tax lot (BBL 3021400013) as 242 Broadway. A space listed on Leasemark at any of these addresses shows up on this page.

242 Broadway is in ZIP code 11211, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 242 Broadway, Brooklyn, NY 11211, in Williamsburg.

The lot is in the C4-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 4.08 and a maximum commercial FAR of 3.4 for this lot.

The closest subway station to 242 Broadway is Marcy Av (the J, M and Z trains), about 650 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: Hewes St (the J and M trains), 7 min walk; Metropolitan Av (the G and L trains, connected to Lorimer St), 11 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 240 BROADWAY PROPERTY LLC as the owner of record of 242 Broadway (BBL 3021400013). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

242 Broadway last sold in May 2019 for $20.1 million, according to the deed recorded with the city. 240 BROADWAY INC. sold it to 240 BROADWAY PROPERTY LLC. The deed is ACRIS document 2019051600129001 (BBL 3021400013) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

242 Broadway reported an ENERGY STAR score of 89 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 89 earns an A. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 18.2 kBtu per square foot, 50% below the national median of 36.3 for a similar property. Its greenhouse gas emissions were about 75.8 metric tons of CO2e (2.09 kg per square foot).

At its 2024 energy use, 242 Broadway comes to about 56 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 275 tons for 2024 to 2029 (20% of the limit), so it would owe no penalty. From 2030 the limit drops to 98 tons and the same energy use counts as about 28 tons, still under the limit. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 242 Broadway. In the last two years, interior work was permitted on one floor (floor 1 and the cellar). The newest build-out, on floor 1 and the cellar, was first permitted in January 2026 (construction; filed cost estimate $405,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3021400013. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.04 million for 242 Broadway. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $220,850 a year, roughly $6.09 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3021400013 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 242 Broadway at $4.56 million ($1.11 million of it land) and its assessed value at $2.05 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 65% from 2022/23 ($2.77 million) to 2026/27.

No space at 242 Broadway is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.