175 Palmetto Street, Brooklyn, NY 11221 Property Information
175 Palmetto Street, Brooklyn, NY 11221 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 175 Palmetto Street |
| Neighborhood | Bushwick |
| Zip code | 11221 |
| Borough | Brooklyn |
| Block & lot | 03342-0056 |
Sales & Tax Overview for 175 Palmetto Street, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 09/06/2022 |
| Purchase price | $11,600,000 |
| Tax class | Register |
| Estimated property tax | $6,241 |
Lot & Building Information for 175 Palmetto Street, Brooklyn
| Lot sqft | 2,500 |
| Lot dimensions | |
| Building class | Over Six Families without Stores (C1) |
| Building sqft | 7,277 |
| Buildings on lot | 1 |
| Stories | 4 |
| Year built | 2021 |
| Construction type | Register |
Area Overview
| School district | 32 |
| Community district | 4 |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 175 Palmetto Street, Brooklyn
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About 175 Palmetto Street, Brooklyn
175 Palmetto Street, Brooklyn, NY 11221 was built in 2021 and has a total of 7,277 square feet.
What is the assessed value of 175 Palmetto Street, Brooklyn, NY 11221 and the property tax paid?Assessed at $922,950, the tax amount paid for 175 Palmetto Street, Brooklyn, NY 11221 is $6,241. For the next year, the tax amount for 175 Palmetto Street, Brooklyn, NY 11221 is estimated at $6,241.
When was 175 Palmetto Street, Brooklyn, NY 11221 last sold and what was the last sale price?175 Palmetto Street, Brooklyn, NY 11221 was last sold in 09/06/2022 for $11,600,000.
How many residential units does this building have?This building has 8 residential unit(s).
Ownership Information for 175 Palmetto Street, Brooklyn
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Past Sales & Property History for 175 Palmetto Street, Brooklyn
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| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 09/06/2022 | $11,600,000 | Register | Register |
Title Documents for 175 Palmetto Street, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 175 Palmetto Street, Brooklyn
Access detailed property tax data for 175 Palmetto Street, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $6,241 |
| Estimated property tax: | $6,241 |
| Tax assessor's market value: | $2,051,000 |
| Assessed value: | $922,950 |
| Exemptions granted by city: | Register |
Assessment History for 175 Palmetto Street, Brooklyn
Here's the assessment & property tax history for 175 Palmetto Street, Brooklyn, 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 | $2,051,000 | $922,950 | $50,175 | 12.439% | $87,841 | $6,241 | -0.49% |
| 2024/25 | $1,708,800 | $768,960 | $50,175 | 12.5% | $81,733 | $6,272 | -0.02% |
| 2023/24 | $1,424,000 | $640,800 | $50,175 | 12.502% | $75,691 | $6,273 | -90.88% |
| 2022/23 | $1,327,000 | $597,150 | $560,583 | 12.267% | $68,767 | $68,767 | +1130.17% |
| 2021/22 | $115,500 | $51,975 | $51,975 | 10.755% | $5,590 | $5,590 | n/a |
Permits for 175 Palmetto Street, Brooklyn
The complete history of permits filed for 175 Palmetto Street, Brooklyn, 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.
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Brooklyn Commercial Market Stats
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
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Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Myrtle Ave & Greene Ave at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.338 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Neighbors for 175 Palmetto Street, Brooklyn
Here are the neighbors for 175 Palmetto Street, Brooklyn, NY 11221.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1451 Sutter Ave, Brooklyn | 52,813 | 09/29/2023 | $3,000,000 |
| 139 Conover St, Brooklyn | 01/22/2026 | $75,089,244 | |
| 160 Bay 53 St, Brooklyn | 1,800 | ||
| 166 Bay 53 St, Brooklyn | 1,707 | ||
| 889 Bushwick Ave, Brooklyn | 37,405 | 03/14/2022 | |
| 540 Waverly Ave, Brooklyn | 119,312 | 12/18/2019 | $17,250,000 |
| 491 Bedford Ave, Brooklyn | 6,101 | 02/28/2024 | |
| 156 Bay 53 St, Brooklyn | 1,800 | ||
| 161 Dupont St, Brooklyn | 7,740 | ||
| 162 Bay 53 St, Brooklyn | 1,800 | ||
| 340 Evergreen Ave, Brooklyn | 133,497 | 03/14/2022 | |
| 1365 45th St, Brooklyn | 4,273 | ||
| 158 Bay 53 St, Brooklyn | 1,800 | ||
| 164 Bay 53 St, Brooklyn | 1,800 |