Kings  »  11221  »  Palmetto St  »  175 Palmetto St

175 Palmetto Street, Brooklyn, NY 11221 - Property report

Also known as: 175 Palmetto St

Property image for 175 Palmetto Street, Brooklyn, NY 11221
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Property type

Over Six Families without Stores (C1)

Year built

2021

Lot sq. ft.

2,500

Sale price

$11,600,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
175 Palmetto Street
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03342-0056

Owner

Find out who owns 175 Palmetto Street, Brooklyn, NY 11221. Uncover corporate and individual owners with a free account.

Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
7,277
Buildings on lot
1
Stories
4
Year built
2021
Building material
Sales
Sale date
09/06/2022
Sale price
$11,600,000 - M
Tax
Tax year
2026-2027
Property tax
$6,241
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
78 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
32
Community district
4

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

Ownership

Ownership information for 175 Palmetto Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 175 Palmetto Street, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
09/06/2022 $11,600,000 XXX XXXXXXXX XXX XXX XXXXXXXX XXX XXX XXXXXXXX XXXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/13/2024 - R
09/04/2024 - D		 Both RPTT and RETT
(2024091100389017)		 XXX XXXXXXXX XXXXXXX XXX XXXXX XX XX XX XXX
09/19/2022 - R UCC3 Termination
(2022091400712003)		 XXX XXXXXXXX XXX XXXXXXXXX XXXX
09/12/2022 - R Initial UCC1
(2022091200154001)		 XXX XXXXXXXX XXX XXXXXXXXX XXXX
09/19/2022 - R
09/06/2022 - D		 Agreement
(2022091900303006)		 XXXXXXXXX XXXX XXX XXXXXXXX XXX
09/19/2022 - R
09/06/2022 - D		 Agreement
(2022091400712002)		 XXX XXXXXXXX XXX XXXXXXXXX XXXX
09/19/2022 - R
09/06/2022 - D		 Deed
(2022091400712001)		 XXX XXXXXXXX XXX XXX XXXXXXXX XXX
07/18/2022 - R
06/29/2022 - D		 Sundry Miscellaneous
(2022070500712001)		 XXX XXXXXXXX XXX
01/21/2022 - R UCC3 Termination
(2022011400869002)		 XXX XXXXXXXX XXX XXX XXX XXX
01/10/2022 - R Initial UCC1
(2022010600660001)		 XXX XXXXXXXX XXX XXXXXXXXX XXXX
01/21/2022 - R
12/30/2021 - D		 Sundry Agreement
(2022011400869006)		 XXXXX XXXXXX XXXXX XXX XXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 175 Palmetto Street, Brooklyn, 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
$6,241
Municipal exemptions
Recent tax assessments
Market value
$2,002,000
Assessed value
$900,900

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 $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

Permit information for 175 Palmetto Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/02/2021 Alteration
04/07/2021 Alteration
04/05/2021 Alteration
10/20/2020 Alteration
10/09/2020 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
05/06/2021 C-construction other optional
05/06/2021 C-construction other optional

*Most recent DOB violations on record for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn 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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Myrtle Ave & Greene Ave at NW Corner
Station lines
M
Distance (miles)
0.338
View subway map

Access the detailed traffic volume map for 175 Palmetto Street, Brooklyn, NY 11221 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

Neighbors for 175 Palmetto Street, Brooklyn, NY

1451 Sutter Ave, Brooklyn 139 Conover St, Brooklyn 160 Bay 53 St, Brooklyn 166 Bay 53 St, Brooklyn 889 Bushwick Ave, Brooklyn 540 Waverly Ave, Brooklyn 491 Bedford Ave, Brooklyn 156 Bay 53 St, Brooklyn 161 Dupont St, Brooklyn 162 Bay 53 St, Brooklyn 340 Evergreen Ave, Brooklyn 1365 45th St, Brooklyn 158 Bay 53 St, Brooklyn 164 Bay 53 St, Brooklyn

Nearby ZIP codes for 175 Palmetto Street, Brooklyn, NY

11101, New York City, NY 11104, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY 11379, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 175 Palmetto Street, Brooklyn, NY 11221?

The development at 175 Palmetto Street, Brooklyn, NY 11221 was built in 2021.

What is the total square footage of 175 Palmetto Street, Brooklyn, NY 11221?

175 Palmetto Street, Brooklyn, NY 11221 has a total of 7,277 square feet.

When was 175 Palmetto Street, Brooklyn, NY 11221 last sold and what was the sale price?

175 Palmetto Street, Brooklyn, NY 11221 was last sold on 09/06/2022 for $11,600,000.

What is the assessed value of 175 Palmetto Street, Brooklyn, NY 11221?

175 Palmetto Street, Brooklyn, NY 11221 is currently assessed at $900,900.

What are the property taxes for 175 Palmetto Street, Brooklyn, NY 11221?

The property taxes for 175 Palmetto Street, Brooklyn, NY 11221 total $6,241.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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