42nd Street Tower

42nd Street Tower is a condo located 420 42nd Street, in Sunset Park, Brooklyn. The building was first built in 2007 and is 17 years old. The lot that the building was built on is 100 feet wide and 100 feet long. The official lot area is listed as 10,017 square feet. The building itself is 100 feet wide and 50 feet long. In total, 420 42nd Street has a total floor area of 27,125 square feet. Of that, 19,556 square feet are used for residential purposes. About 7,569 square feet of the building are used for commercial purposes. Additionally, the building has a 4,495 square feet garage. There are a total of 63 units. Of those, 31 are residential units. There are 32 commercial units. 420 42nd Street has a total of 5 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's deck. There are 64 closings on record, of which we have matching data for 7 listings. In the past 3 years, a listing in this building will typically remain on the market for about 133 days and tend to sell below the original asking price of $499,999 by 5.55%. Meaning, listings tend to sell at a median of $867 price per square foot. The transaction that took the longest to complete was unit 4A, listed on Sep 13, 2017 for $599,000. This particular unit ultimately sold 233 days later for $625,000. The most recent transaction was for unit A, sold for $428,000 on Feb 13, 2024. Fun fact, the oldest transaction we have on record took place on Sep 28, 1967. See the full transaction history for 42nd Street Tower below.

Sunset Park, where 420 42nd Street is located, has a median asking price of $1,525,000 for condo buildings. Meanwhile, the building itself has a median asking price of $499,999. For interested buyers, that means the building's median asking price is around 0.67% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $475,000. It is a 1-bedroom and 1-bathroom unit.