New York City » 11423 » Palermo St » 8642 Palermo St

86-42 Palermo Street, Hollis, NY 11423 - Property report

Also known as: 86-42 Palermo St

Property image for 86-42 Palermo Street, Hollis, NY 11423

Property type

Mansion Type or Town House (A7)

Year built

2015

Lot sq. ft.

17,095

Sale price

$790,000

General information

Address

Primary address

86-42 Palermo Street

ZIP code

11423

Neighborhood

Jamaica Estates

Borough

Queens

Block & lot

10516-0021

Building

Property type

Mansion Type or Town House (A7)

Building sq. ft.

7,498

Building dimensions

45 ft x 97 ft

Buildings on lot

Stories

Year built

2015

Building material

Frame

Exterior wall

None

Basement

Sales

Sale date

01/14/2015

Sale price

$790,000

Tax

Tax year

2026-2027

Property tax

$42,813

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Palermo Street (narrow)
Keno Avenue (narrow)
Palo Alto Street (wide)
Nero Avenue (narrow)

Distance to wide street

Lot dimensions

72.99 ft x 267 ft

Lot sq. ft.

17,095

Area overview

Walk score

42 /100. Car-Dependent

Transit score

84 /100. Excellent Transit

Bike score

40 /100. Somewhat Bikeable

School district

Community district

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 86-42 Palermo Street, Hollis, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 86-42 Palermo Street, Hollis, NY 11423

Sale date	Sale price	Buyer name	Seller name
01/14/2015	$790,000	XXXXXXX, XXXXXXXX XXX XXXXXXX, XXXXX	XXXX XXXXXXX XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/10/2021 - R 05/28/2021 - D	Deed (2021060401135001)	XXXXXXX XXXXXXXX	XXXXXXXX XXX
06/01/2015 - R 05/22/2015 - D	Certificate (2015052200698001)	XXXXX XXXXXXXX XXXX
06/01/2015 - R 05/18/2015 - D	Zoning Lot Description (2015052200698002)	XXXXXXXX XXXXXXX
01/26/2015 - R 01/14/2015 - D	Deed (2015011600278001)	XXXX XXXXXXX XXX	XXXXXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 86-42 Palermo Street, Hollis, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$42,813

Municipal exemptions

Recent tax assessments

Market value

$3,596,000

Assessed value

$215,760

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$3,830,000	$229,800	$229,800	19.843%	$45,599	$45,599	+4.41%
2024/25	$3,624,000	$217,440	$217,440	20.085%	$43,673	$43,673	-14.57%
2023/24	$4,293,000	$257,580	$254,527	20.085%	$51,122	$51,122	+4.83%
2022/23	$4,002,000	$240,120	$240,120	20.309%	$48,766	$48,766	-4.90%
2021/22	$4,281,000	$256,860	$256,860	19.963%	$51,277	$51,277	-9.59%
2020/21	$4,705,000	$282,300	$269,494	21.045%	$56,715	$56,715	+5.10%
2019/20	$5,183,000	$310,980	$254,932	21.167%	$53,961	$53,961	+7.26%
2018/19	$4,782,000	$286,920	$240,502	20.919%	$50,311	$50,311	+19.18%
2017/18	$3,649,000	$218,940	$207,078	20.385%	$42,213	$42,213	+1138.11%
2016/17	$499,000	$29,940	$17,055	19.991%	$3,409	$3,409	+8.37%

Permits

Permit information for 86-42 Palermo Street, Hollis, NY

Filing date	Job type	Job status	Job description	Initial cost
06/17/2019	Alteration type 3
12/17/2015	New building
07/31/2015	New building
03/24/2015	New building
03/24/2015	New building

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Jamaica Estates, Holliswood residential market stats

Access a detailed real estate market overview of Jamaica Estates, Holliswood so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Jamaica Estates, Holliswood and compare it to other neighborhoods in Queens.

Median sale price

—

Median price/sq. ft.

—

Queens median sale price

$595,000

1.7% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Midland Pkwy & Hillside Ave at NE Corner

Station lines

Distance (miles)

0.72

View subway map

Access the detailed traffic volume map for 86-42 Palermo Street, Hollis, NY 11423 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. Is 178 Holliswood	5	Yes	Public	PK, K-8	513	0.38
P.S. Is 178 Holliswood	5	Yes	Public	PK, K-8	513	0.38
Summit School (The)	NR	No	Private		0	0.25
The Wellspring Schools	NR	No	Private	PK-11	242	0.32
The Wellspring Schools	NR	No	Private	PK-11	242	0.32
Helping Hand Academy II	NR	No	Private	K-1	38	0.32
P.S. 35 Nathaniel Woodhull	5	No	Public	PK, K-5	571	0.50
P.S. 35 Nathaniel Woodhull	5	No	Public	PK, K-5	571	0.50
Wellspring Elementary & Middle	NR	No	Private	PK, K-8	0	0.51
The Bellaire School	4	No	Public	PK, K-5	746	0.79

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Is 238 Susan B Anthony	4	Yes	Public	6-8	907	0.66
Summit School (The)	NR	No	Private		0	0.25
The Wellspring Schools	NR	No	Private	PK-11	242	0.32
P.S. Is 178 Holliswood	5	No	Public	PK, K-8	513	0.38
Wellspring Elementary & Middle	NR	No	Private	PK, K-8	0	0.51
Yeshiva Ketana Of Queens	NR	No	Private	K-8	409	0.97
Holy Family School	NR	No	Private	PK-8	199	0.97

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Summit School (The)	NR	No	Private		0	0.25
The Wellspring Schools	NR	No	Private	PK-11	242	0.32
Yeshiva University High School	NR	No	Private	9-12	299	0.32
Cambria Heights Academy	4	No	Public	9-12	350	0.62
The Mary Louis Academy	NR	No	Private	9-12	760	1.09
Summit School	NR	No	Private	3-12	276	1.09
High School For Community Leadership	7	No	Public	9-12	468	1.42
Queens Collegiate A College Board School	5	No	Public	6-12	643	1.42
Jamaica Gateway To The Sciences	7	No	Public	9-12	491	1.42
Hillside Arts And Letters Academy	5	No	Public	9-12	406	1.42

Nearby ZIP codes for 86-42 Palermo Street, Hollis, NY

11358, New York City, NY 11361, New York City, NY 11362, New York City, NY 11364, New York City, NY 11365, New York City, NY 11366, New York City, NY 11411, New York City, NY 11412, New York City, NY 11413, New York City, NY 11424, New York City, NY 11426, New York City, NY 11427, New York City, NY 11428, New York City, NY 11429, New York City, NY 11432, New York City, NY 11433, New York City, NY 11434, New York City, NY 11435, New York City, NY 11436, New York City, NY

Frequently asked questions

What is the year built for 86-42 Palermo Street, Hollis, NY 11423?

The development at 86-42 Palermo Street, Hollis, NY 11423 was built in 2015.

What is the total square footage of 86-42 Palermo Street, Hollis, NY 11423?

86-42 Palermo Street, Hollis, NY 11423 has a total of 7,498 square feet.

When was 86-42 Palermo Street, Hollis, NY 11423 last sold and what was the sale price?

86-42 Palermo Street, Hollis, NY 11423 was last sold on 01/14/2015 for $790,000.

What is the assessed value of 86-42 Palermo Street, Hollis, NY 11423?

86-42 Palermo Street, Hollis, NY 11423 is currently assessed at $215,760.

What are the property taxes for 86-42 Palermo Street, Hollis, NY 11423?

The property taxes for 86-42 Palermo Street, Hollis, NY 11423 total $42,813.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.