New York City  »  11423  »  Palermo St  »  8707 Palermo St

87-07 Palermo Street, Hollis, NY 11423 Property Information

87-07 Palermo Street, Hollis, NY 11423 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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87-07 Palermo Street, Hollis, NY 11423
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Address

Primary address 87-07 Palermo Street
Neighborhood Jamaica Estates
Zip code 11423
Borough Queens
Block & lot 10509-0053

Sales & Tax Overview for 87-07 Palermo Street, Hollis

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 06/20/2025
Purchase price $490,000
Tax class
Estimated property tax $6,625

Lot & Building Information for 87-07 Palermo Street, Hollis

Lot sqft 6,920
Lot dimensions 102.62 ft x 113.34 ft
Building class Zoned Residential - Not Manhattan (V0)
Frontage(s) Salerno Avenue (narrow)
Palermo Street (narrow)
Nearest wide street Palo Alto Street
Distance to wide street
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Zoning & Use for 87-07 Palermo Street, Hollis

Zoning

Area Overview

Walk Score
Transit Score
Bike Score


School district 29
Community district 8

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 87-07 Palermo Street, Hollis

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Floor area ratio (FAR) for 87-07 Palermo Street, Hollis, NY 11423, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 87-07 Palermo Street, Hollis, NY 11423, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 87-07 Palermo Street, Hollis

What is the market value of 87-07 Palermo Street, Hollis, NY 11423?

The current market value is $525,000.

Ownership Information for 87-07 Palermo Street, Hollis

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Property owner name for 87-07 Palermo Street, Hollis, NY 11423
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Building contacts for 87-07 Palermo Street, Hollis, NY 11423
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 87-07 Palermo Street, Hollis

Create a free account to view the complete sales history for 87-07 Palermo Street, Hollis, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/20/2025 $490,000

Title Documents for 87-07 Palermo Street, Hollis

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/02/2025 - D
02/09/2026 - R
Release
(2026010801003004)
12/02/2025 - D
02/09/2026 - R
Release
(2026010801003003)
12/02/2025 - D
02/09/2026 - R
Partial Release of Mortgage
(2026010801003002)
12/02/2025 - D
02/09/2026 - R
Partial Release of Mortgage
(2026010801003001)
06/20/2025 - D
07/09/2025 - R
Deed
(2025062600795001)
07/15/2024 - R Initial UCC1
(2024071200828007)
07/15/2024 - R Initial UCC1
(2024071200828006)
07/15/2024 - R UCC3 Termination
(2024071200742005)
07/15/2024 - R UCC3 Termination
(2024071200742004)
07/15/2024 - R UCC3 Termination
(2024071200742003)
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R: Recorded date
D: Document date

Property Taxes for 87-07 Palermo Street, Hollis

Access detailed property tax data for 87-07 Palermo Street, Hollis, NY 11423. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $6,251
Estimated property tax: $6,625
Tax assessor's market value: $525,000
Assessed value: $31,500

Assessment History for 87-07 Palermo Street, Hollis

Here's the assessment & property tax history for 87-07 Palermo Street, Hollis, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $525,000 $31,500 $31,500 19.843% $6,251 $6,251 -50.09%
2024/25 $404,000 $181,800 $116,358 10.762% $12,522 $12,522 +28.82%
2023/24 $311,000 $139,950 $91,777 10.592% $9,721 $9,721 +20.84%
2022/23 $239,000 $107,550 $75,565 10.646% $8,045 $8,045 +13.62%
2021/22 $208,000 $93,600 $65,834 10.755% $7,080 $7,080 +12.42%

Permits for 87-07 Palermo Street, Hollis

The complete history of permits filed for 87-07 Palermo Street, Hollis, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
11/22/2017 Alteration type 3
04/24/2017 New building
         
         
         
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Jamaica Estates Residential Market Stats

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

Median Sale Price
$504,950
-9.8% YoY
Median Price/Sqft
$626
14.5% YoY
Queens Median Sale Price
$605,859
3.6% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Midland Pkwy & Hillside Ave at NE Corner
Station lines F
Distance (miles) 0.708
View subway map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 35 Nathaniel Woodhull 5 Yes Public PK, K-5 571 0.37
P.S. 35 Nathaniel Woodhull 5 Yes Public PK, K-5 571 0.37
The Wellspring Schools NR No Private PK-11 242 0.18
The Wellspring Schools NR No Private PK-11 242 0.18
Helping Hand Academy II NR No Private K-1 38 0.18

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Is 238 Susan B Anthony 4 Yes Public 6-8 907 0.63
The Wellspring Schools NR No Private PK-11 242 0.18
Summit School (The) NR No Private 0 0.36
Wellspring Elementary & Middle NR No Private PK, K-8 0 0.38
P.S. Is 178 Holliswood 5 No Public PK, K-8 513 0.51

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
The Wellspring Schools NR No Private PK-11 242 0.18
Yeshiva University High School NR No Private 9-12 299 0.18
Summit School (The) NR No Private 0 0.36
Cambria Heights Academy 4 No Public 9-12 350 0.50
The Mary Louis Academy NR No Private 9-12 760 1.13

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 87-07 Palermo Street, Hollis

Here are the neighbors for 87-07 Palermo Street, Hollis, NY 11423.

Address Square feet Purchase date Purchase price
191-49 Foothill Ave, Hollis 10/19/2023 $650,000
161-07 46th Ave, Flushing 2,733 11/10/2017
248-05 40th Ave, Little Neck 1,870 03/07/2019 $1,272,813
97-19 Palermo St, Hollis
193-14 Salerno Ave, Hollis 4,040 04/15/2024 $2,200,001
191-43 Foothill Ave, Hollis 01/24/2025 $994,823
193-19 Clover Hill Rd, Hollis 12/10/2024 $500,000
87-27 Palerno St, Hollis
191-75 Fooothill Ave, Hollis 01/24/2025 $994,823
194-32 Dunton Ave, Hollis
128-38 Inwood St, Jamaica 1,646 08/13/2020 $790,000
194-12 Dunton Ave, Hollis 5,500
42-06 164th St, Flushing 2,693 05/01/2019 $1,600,000
87-15 Palermo St, Hollis
194-20 Dunton Ave, Hollis 2,700
194-16 Dunton Ave, Hollis 3,400
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