Kings  »  11221  »  Palmetto St  »  74 Palmetto St

74 Palmetto Street, Brooklyn, NY 11221 - Property report

Also known as: 74 Palmetto St

Property image for 74 Palmetto Street, Brooklyn, NY 11221
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

2022

Lot sq. ft.

2,460

Sale price

$1,082,700

General information

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Address
Primary address
74 Palmetto Street
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03349-0119

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
6,255
Building dimensions
25.4 ft x 60.5 ft
Buildings on lot
1
Stories
4
Year built
2022
Building material
Sales
Sale date
01/18/2022
Sale price
$1,082,700
Tax
Tax year
2026-2027
Property tax
$363
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
24.5 ft x 100 ft
Lot sq. ft.
2,460

Area overview

Walk score
88 /100.  Very Walkable
Transit score
97 /100.  Rider's Paradise
Bike score
81 /100.  Very Bikeable
School district
32
Community district
4

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Ownership information for 74 Palmetto Street, Brooklyn, NY

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

Sales history for 74 Palmetto Street, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
01/18/2022 $1,082,700 XX XXXXXXXX XXX XXXXXX, XXXXXXXX XXX XXXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/08/2026 - R UCC3 Termination
(2026062900382001)
XX XXXXXXXX XXX XXXXXXXXX XXXXXX XXXXXXX XXX
07/10/2026 - R
06/18/2026 - D
Assignment of Leases and Rents
(2026062900262006)
XXXXXXXX XXX XXX XXXXXXXXXX XXXX
07/10/2026 - R
06/18/2026 - D
Agreement
(2026062900262005)
XXXXXXXX XXX XXX XXXXXXXXXX XXXX
07/10/2026 - R
06/18/2026 - D
Mortgage
(2026062900262004)
XXXXXXXX XXX XXX XXXXXXXXXX XXXX
07/10/2026 - R
06/16/2026 - D
Assignment, Mortgage
(2026062900262003)
XXXXXXXXX XXXXXX XXXXXXX XXX XXXXXXXXXX XXXX
07/10/2026 - R
06/16/2026 - D
Assignment, Mortgage
(2026062900262002)
XXXXXXXXX XXXXXX XXXXXXX XXX XXXXXXXXXX XXXX
07/10/2026 - R
06/16/2026 - D
Termination of Assign of L&R
(2026062900262001)
XX XXXXXXXX XXX XXXXXXXXX XXXXXX XXXXXXX XXX
04/30/2026 - R
04/15/2026 - D
Deed
(2026042400208001)
XX XXXXXXXX XXX XXXXXXXX XXX XXX
02/18/2026 - R
02/17/2026 - D
Zoning Lot Description
(2026021700885002)
XX XXXXXXXX XXX
02/18/2026 - R
02/17/2026 - D
Certificate
(2026021700885001)
XXXXXXX XXXXXXXX XXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 74 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
$363
Municipal exemptions
Recent tax assessments
Market value
$1,352,000
Assessed value
$608,400

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 $1,194,000 $537,300 $445,232 12.439% $55,382 $55,382 +10120.51%
2024/25 $215,000 $96,750 $4,335 12.5% $542 $542 -32.79%
2023/24 $200,000 $12,000 $4,014 20.085% $806 $806 +4.83%
2022/23 $210,583 $12,635 $3,787 20.309% $769 $769 n/a

Permit information for 74 Palmetto Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/11/2026 New building
09/29/2025 Alteration
03/11/2025 Alteration
02/13/2025 Alteration
08/14/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Frequently asked questions

What is the year built for 74 Palmetto Street, Brooklyn, NY 11221?

The development at 74 Palmetto Street, Brooklyn, NY 11221 was built in 2022.

What is the total square footage of 74 Palmetto Street, Brooklyn, NY 11221?

74 Palmetto Street, Brooklyn, NY 11221 has a total of 6,255 square feet.

When was 74 Palmetto Street, Brooklyn, NY 11221 last sold and what was the sale price?

74 Palmetto Street, Brooklyn, NY 11221 was last sold on 01/18/2022 for $1,082,700.

What is the assessed value of 74 Palmetto Street, Brooklyn, NY 11221?

74 Palmetto Street, Brooklyn, NY 11221 is currently assessed at $608,400.

What are the property taxes for 74 Palmetto Street, Brooklyn, NY 11221?

The property taxes for 74 Palmetto Street, Brooklyn, NY 11221 total $363.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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