--- title: "242 Albany Avenue, New York City, NY 11213" description: "242 Albany Avenue, New York City, NY 11213 — Townhouse in Crown Heights, Brooklyn, NY. Last Sold Price $1,999,999. Sold on 8/13/2026. 5 bed, 4 bath, 2,525 sqft" url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11213/242-albany-avenue-ny-11213" source: "Real Estate Rebate Team" status: "Closed" --- # 242 Albany Avenue, New York City, NY 11213 Townhouse in Crown Heights, Brooklyn, NY Courtesy of Corcoran Group ## At a Glance - **Last Sold Price**: $1,999,999 - **Status**: Sold on 8/13/2026 - **Beds**: 5 - **Total Baths**: 4 - **Sqft**: 2,525 - **Monthly Taxes**: $403 / mo - **Price per Sqft**: $792 - **Brokerage Fee**: Share Eligible This listing was successfully closed and is no longer active on the market. [Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) ## Photos (10) ![242 Albany Avenue, New York City, NY 11213 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1ff2dd34-9f87-4c0e-80ea-729b69a07449.jpg) ![242 Albany Avenue, New York City, NY 11213 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9d7256b9-828e-44f3-9f84-3e007d150578.jpg) ![242 Albany Avenue, New York City, NY 11213 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5c4f46d1-bd84-4fdb-82cd-7ce670d9ae32.jpg) ![242 Albany Avenue, New York City, NY 11213 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5f37703b-c6bb-463c-a4da-37cc57b89622.jpg) ![242 Albany Avenue, New York City, NY 11213 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/442c448a-27a5-4a7a-864d-cf696472d2fd.jpg) ![242 Albany Avenue, New York City, NY 11213 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e21ec01f-9a8e-4cb4-9663-bcfb866cc82e.jpg) ![242 Albany Avenue, New York City, NY 11213 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/44c1d2f5-6a4b-40ff-a214-4e3664330a4d.jpg) ![242 Albany Avenue, New York City, NY 11213 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4710a0de-e3ea-4439-b60f-9f7498adb45b.jpg) ![242 Albany Avenue, New York City, NY 11213 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1bbe8901-24d6-4e30-9ce6-76205296bf11.jpg) ![242 Albany Avenue, New York City, NY 11213 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1d4ae137-4aa7-457a-82c2-98329c3ed890.jpg) ## Property Overview Welcome to 242 Albany Avenue, a brand new gut renovated two family townhouse situated on a landmarked block in the heart of Crown Heights. Spanning approximately 2,525 interior square feet with an additional 1,214 square feet of exterior space, this residence combines thoughtful design, modern comfort and historic Brooklyn character. The owner's duplex showcases wide plank white oak floors, exposed brick, and a floating glass staircase that creates an elegant and cohesive architectural statement. The parlor level features an open living and dining area that transitions seamlessly into a beautifully appointed U shaped kitchen. This bright and inviting space is designed for effortless everyday living as well as comfortable entertaining. From the kitchen, double doors lead to a private deck that flows to a tranquil garden, offering a peaceful outdoor retreat suited for both gatherings and quiet relaxation. Southeast facing windows bring abundant sunlight into the living and kitchen areas throughout the day. The second level of the duplex features ceilings that rise to nearly ten feet. Here you will find a spacious primary bedroom complete with an en suite bathroom with dual sinks. Two additional bedrooms, a second full bathroom and a dedicated laundry station complete this thoughtfully planned floor. The lower level of the duplex includes a versatile recreation room with a half bathroom and substantial storage options, making it ideal for a variety of lifestyle needs. The garden level hosts a well appointed two bedroom, one bathroom rental unit with direct access to the backyard. This space provides excellent income potential or flexibility for extended living arrangements. Additional highlights include white oak hardwood flooring, restored exposed brick, a striking glass staircase integrated into the living area, and a double door entry that enhances the home's presence on this historic block. Crown Heights offers a vibrant mix of culture, dining and convenience. Nearby attractions include Brower Park, the Brooklyn Children's Museum, Barboncino, Basil, Mayfield, Catfish, Glady's and Café Cotton Bean. Access to the A, C, 3 and 4 trains along with several local bus routes makes travel throughout Brooklyn and the rest of New York City simple and efficient. ## Property Details - **Property Type**: Multi Family - **Beds**: 5 - **Total Baths**: 4 - **Rooms**: 12 - **Sqft**: 2,525 sqft - **Stories**: 2 - **Year Built**: 1899 - **Price per Sqft**: $792 - **Monthly Taxes**: $403 / mo - **Listed On**: Dec 12, 2025 - **Days on Market**: 279 Days ### Residence Features - Central Air - Washer Hookup - In Unit - See Remarks - Building Garden - Private Outdoor Space Over 60 Sqft - High Ceilings - Smoke Free ## Estimated Monthly Payment **$10,516 / month**, assuming a 20% down payment ($400,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $10,113 - **Property Taxes**: $403 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 242 ALBANY Avenue has one recorded sale since September 2021, the most recent for $1,999,999 in August 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | Entire property (Multi Family) | 5 | 2,525 | $1,999,999 | $792/ft² | August 13, 2026 | MLS | ### How this price compares - **Last sold price**: $1,999,999 - **Median sold price**: $1,999,999 - **Difference**: $0 - **Last sold, $/ft²**: $792 - **Median $/ft²**: $714 - **Comparable sales**: 21 - **Sales from**: September 2021 – September 2026 - **Middle half of those sales**: $1,500,000 – $2,385,000 Based on house sales in Crown Heights. A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Crown Heights. Apartment sales are excluded from it entirely. ### How these sales were negotiated - **Sale-to-list price**: 94.9% (20 sales) - **Sold below asking**: 70% (20 sales) - **Typical time to find a buyer**: 79 days (19 sales) - **Typical time to close**: 49 days (19 sales) Based on house sales in Crown Heights with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Sales data through September 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 242 ALBANY Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/242-albany-avenue) ## Price and Property History for 242 Albany Avenue Review the recorded listing activity for 242 Albany Avenue, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $150,001, or 7%, on August 13, 2026 - **Originally listed**: December 12, 2025 at $2,250,000 - **Last sold**: $1,999,999 on August 13, 2026 | Date | Price | Listing event | | --- | --- | --- | | August 13, 2026 | $1,999,999 | Sold | | August 13, 2026 | $1,999,999 | Asking price reduced by $150,001, or 7% | | June 22, 2026 | $2,150,000 | Entered contract | | April 22, 2026 | $2,150,000 | Asking price reduced by $100,000, or 4.4% | | December 12, 2025 | $2,250,000 | Listed for sale by Corcoran Group | ## Property Tax History Taxes at 242 Albany Avenue were $4,896 in 2026, up 6.0% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $75,900 | $17,580 | $58,320 | $24,377 | $4,896 | 20.085% (estimated) | | 2025 (FY 2025/26) | $74,340 | $17,580 | $56,760 | $22,997 | $4,619 | 20.085% (estimated) | | 2024 (FY 2024/25) | $67,200 | $17,580 | $49,620 | $21,696 | $4,358 | 20.085% | | 2023 (FY 2023/24) | $82,440 | $17,580 | $64,860 | $21,696 | $4,358 | 20.085% | | 2022 (FY 2022/23) | $85,020 | $17,580 | $67,440 | $21,530 | $4,373 | 20.309% | | 2021 (FY 2021/22) | $76,320 | $17,580 | $58,740 | $20,314 | $4,055 | 19.963% | | 2020 (FY 2020/21) | $63,780 | $17,580 | $46,200 | $19,164 | $4,033 | 21.045% | | 2019 (FY 2019/20) | $55,980 | $17,580 | $38,400 | $18,080 | $3,827 | 21.167% | | 2018 (FY 2018/19) | $18,080 | — | — | $18,080 | $3,782 | 20.919% | | 2017 (FY 2017/18) | $17,942 | — | — | $17,942 | $3,657 | 20.385% | | 2016 (FY 2016/17) | $16,928 | — | — | $16,928 | $3,384 | 19.991% | | 2015 (FY 2015/16) | $15,970 | — | — | $15,970 | $3,123 | 19.554% | | 2014 (FY 2014/15) | $15,067 | — | — | $15,067 | $2,886 | 19.157% | | 2013 (FY 2013/14) | $15,067 | — | — | $15,067 | $2,892 | 19.191% | | 2012 (FY 2012/13) | $14,952 | — | — | $14,952 | $2,776 | 18.569% | | 2011 (FY 2011/12) | $14,107 | — | — | $14,107 | $2,568 | 18.205% | | 2010 (FY 2010/11) | $13,309 | — | — | $13,309 | $2,311 | 17.364% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3012440084. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 242 ALBANY Avenue Crown Heights · Multi Family 242 ALBANY Avenue, Brooklyn, NY 11213 A building in Crown Heights, currently featuring 0 active listings. - **Year Built**: 1899 - **Active Units**: 0 - **Floors**: 2 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/242-albany-avenue) ### Available Residences — For Sale (0) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | ### Recently Sold (1) | Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11213/242-albany-avenue-ny-11213) | 5 | 4 | 2,525 sqft | $792 | $1,999,999 | Corcoran Group | Dec 12, 2025 | Aug 13, 2026 | ## Crown Heights Overview of Crown Heights [Explore Crown Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Crown Heights - [Prospect Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) - [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park) - [Brownsville real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brownsville) - [East Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/east-flatbush) ## Related Links - [242 ALBANY Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/242-albany-avenue) - [Crown Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.