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87-23 Palermo Street, Hollis, NY 11423 Property Information

87-23 Palermo Street, Hollis, NY 11423 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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87-23 Palermo Street, Hollis, NY 11423
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Address

Primary address 87-23 Palermo Street
Neighborhood Jamaica Estates
Zip code 11423
Borough Queens
Block & lot 10509-0156

Sales & Tax Overview for 87-23 Palermo Street, Hollis

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Tax class
Estimated property tax $4,316

Lot & Building Information for 87-23 Palermo Street, Hollis

Lot sqft 6,186
Lot dimensions 65 ft x 95.17 ft
Property type Zoned Residential - Not Manhattan (V0)
Nearest wide street Palo Alto Street
Distance to wide street
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Zoning & Use for 87-23 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 87-23 Palermo Street, Hollis

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Floor area ratio (FAR) for 87-23 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 87-23 Palermo Street, Hollis, NY 11423, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 87-23 Palermo Street, Hollis

What is the market value of 87-23 Palermo Street, Hollis, NY 11423?

The current market value is $342,000.

Ownership Information for 87-23 Palermo Street, Hollis

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Property owner name for 87-23 Palermo Street, Hollis, NY 11423
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Building contacts for 87-23 Palermo Street, Hollis, NY 11423
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Past Sales & Property History for 87-23 Palermo Street, Hollis

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No recorded sales for this property.

Title Documents for 87-23 Palermo Street, Hollis

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Date Type Amount Party 1 Party 2 Doc image
08/20/2020 - D
09/08/2020 - R
Termination of Assign of L&R
(2020090800309001)
08/20/2020 - D
09/04/2020 - R
Partial Release of Mortgage
(2020090400181001)
           
           
           
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R: Recorded date
D: Document date

Property Taxes for 87-23 Palermo Street, Hollis

Access detailed property tax data for 87-23 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: $4,072
Estimated property tax: $4,316
Tax assessor's market value: $342,000
Assessed value: $20,520

Assessment History for 87-23 Palermo Street, Hollis

Here's the assessment & property tax history for 87-23 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 $342,000 $20,520 $20,520 19.843% $4,072 $4,072 -51.79%
2024/25 $263,000 $118,350 $78,479 10.762% $8,446 $8,446 +22.04%
2023/24 $202,000 $90,900 $65,338 10.592% $6,921 $6,921 +12.69%
2022/23 $155,000 $69,750 $57,687 10.646% $6,141 $6,141 +5.23%
2021/22 $135,000 $60,750 $54,266 10.755% $5,836 $5,836 +3.66%

Permits for 87-23 Palermo Street, Hollis

The complete history of permits filed for 87-23 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
04/25/2017 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) 0.733
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 0.36
P.S. 35 Nathaniel Woodhull 5 Yes Public PK, K-5 571 0.36
The Wellspring Schools NR No Private PK-11 242 0.16
The Wellspring Schools NR No Private PK-11 242 0.16
Helping Hand Academy II NR No Private K-1 38 0.16

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 0.65
The Wellspring Schools NR No Private PK-11 242 0.16
Wellspring Elementary & Middle NR No Private PK, K-8 0 0.37
Summit School (The) NR No Private 0 0.39
P.S. Is 178 Holliswood 5 No Public PK, K-8 513 0.54

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 0.16
Yeshiva University High School NR No Private 9-12 299 0.16
Summit School (The) NR No Private 0 0.39
Cambria Heights Academy 4 No Public 9-12 350 0.50
The Mary Louis Academy NR No Private 9-12 760 1.16

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

Neighbors for 87-23 Palermo Street, Hollis

Here are the neighbors for 87-23 Palermo Street, Hollis, NY 11423.

Address Square feet Purchase date Purchase price
193-08 Salerno Ave, Hollis 3,840 09/26/2023 $2,100,000
11-32 McBride St, Far Rockaway 3,087 08/18/2025
215-19 Hollis Ave, Queens Village 2,324 09/24/2025
74-12 46th Ave, Elmhurst 6,338
161-12 46th Ave, Flushing 5,412 10/05/2021
193-13 Clover Hill Rd, Hollis 3,000
31-06 Bessemund Ave, Far Rockaway 3,136
30-24 Bessemund Ave, Far Rockaway 3,050
194-28 Dunton Ave, Hollis
31-02 Bessemund Ave, Far Rockaway 3,050
10-66 Beach 32 St, Far Rockaway 3,028
60-04 60th Ave, Maspeth 3,277
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