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187 Palmetto Street, Brooklyn, NY 11221 Property Information

187 Palmetto Street, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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187 Palmetto Street, Brooklyn, NY 11221 1
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Address

Primary address 187 Palmetto Street
Neighborhood Bushwick
Zip code 11221
Borough Brooklyn
Block & lot 03342-0051

Sales & Tax Overview for 187 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 04/15/2005
Purchase price $362,500
Tax class
Estimated property tax $8,117

Lot & Building Information for 187 Palmetto Street, Brooklyn

Lot sq. ft. 2,500
Lot dimensions 25 ft x 100 ft
Property type Five to Six Families (C2)
Building sqft 4,125
Building dimensions 25 ft x 55 ft
Buildings on lot 1
Stories 3
Year built 1931
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Zoning & Use for 187 Palmetto Street, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 6
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 32
Community district 4
Closest police station 0.23 Miles
Closest fire station 0.16 Miles

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

Other Property Data for 187 Palmetto Street, Brooklyn

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Floor area ratio (FAR) for 187 Palmetto Street, Brooklyn, NY 11221, 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 187 Palmetto Street, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 187 Palmetto Street, Brooklyn

What is the year built & the total sq. ft. for 187 Palmetto Street, Brooklyn, NY 11221?

187 Palmetto Street, Brooklyn, NY 11221 was built in 1931 and has a total of 4,125 square feet.

What is the assessed value of 187 Palmetto Street, Brooklyn, NY 11221 and the property tax paid?

Assessed at $437,850, the tax amount paid for 187 Palmetto Street, Brooklyn, NY 11221 is $8,117. For the next year, the tax amount for 187 Palmetto Street, Brooklyn, NY 11221 is estimated at $8,117.

When was 187 Palmetto Street, Brooklyn, NY 11221 last sold and what was the last sale price?

187 Palmetto Street, Brooklyn, NY 11221 was last sold in 04/15/2005 for $362,500.

How many residential units does this building have?

This building has 6 residential unit(s).

Ownership Information for 187 Palmetto Street, Brooklyn

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Property owner name for 187 Palmetto Street, Brooklyn, NY 11221
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Building contacts for 187 Palmetto Street, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 187 Palmetto Street, Brooklyn

Create a free account to view the complete sales history for 187 Palmetto Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/15/2005 $362,500

Title Documents for 187 Palmetto Street, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
06/15/2015 - D
06/30/2015 - R
Satisfaction of Mortgage
(2015062200248001)
04/15/2005 - D
04/26/2005 - R
Mortgage
(2005042001006002)
04/15/2005 - D
04/26/2005 - R
Deed
(2005042001006001)
10/29/1987 - R Deed
(3120001311812)
10/10/1985 - R Deed
(3230001117923)
07/21/1975 - R Deed
(37530079200015)
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R: Recorded date
D: Document date

Property Taxes for 187 Palmetto Street, Brooklyn

Access detailed property tax data for 187 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: $8,117
Estimated property tax: $8,117
Tax assessor's market value: $973,000
Assessed value: $437,850

Assessment History for 187 Palmetto Street, Brooklyn

Here's the assessment & property tax history for 187 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 $973,000 $437,850 $65,255 12.439% $8,117 $8,117 +2.78%
2024/25 $1,083,000 $487,350 $63,181 12.5% $7,898 $7,898 +7.91%
2023/24 $993,000 $446,850 $58,539 12.502% $7,319 $7,319 +10.05%
2022/23 $928,000 $417,600 $54,210 12.267% $6,650 $6,650 +8.29%
2021/22 $742,000 $333,900 $50,196 12.235% $6,141 $6,141 -0.27%

Permits for 187 Palmetto Street, Brooklyn

The complete history of permits filed for 187 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.

Filing date Job type Job status Job description Initial cost
06/13/2007 Alteration type 2
         
         
         
         
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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.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

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

Risk

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

Transportation

Distance to Subway
Closest station Myrtle Ave & Greene Ave at NW Corner
Station lines M
Distance (miles) 0.325
View subway map
Bus Routes
Name Gates Av/Central Av
Line B52
Distance (miles) 0.05

Neighbors for 187 Palmetto Street, Brooklyn

Here are the neighbors for 187 Palmetto Street, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
582 Knickerbocker Ave, Brooklyn 15,926
193 Palmetto St, Brooklyn 1,800 04/18/2022
201 Palmetto St, Brooklyn 2,958 06/07/2012 $477,904
195 Palmetto St, Brooklyn 1,800 06/15/2022
205 Palmetto St, Brooklyn 2,928 07/31/2015 $754,000
579 Knickerbocker Ave, Brooklyn 3,600 04/20/2024
577 Knickerbocker Ave, Brooklyn 2,000 09/20/2019
207 Palmetto St, Brooklyn 2,928 08/03/2015 $729,000
209 Palmetto St, Brooklyn 2,400 07/18/2025
183 Palmetto St, Brooklyn 4,125 04/15/2005 $362,500
189 Palmetto St, Brooklyn 1,800 01/28/2020
191 Palmetto St, Brooklyn 1,800 09/22/2023
197 Palmetto St, Brooklyn 1,800 09/19/1997
199 Palmetto St, Brooklyn 3,204 08/09/2006 $773,800
177 Palmetto St, Brooklyn 09/06/2022 $11,600,000
589 Knickerbocker Ave, Brooklyn 17,485 11/25/2024
1430 Gates Ave, Brooklyn 3,750 10/16/2019
181 Palmetto St, Brooklyn 4,125 11/24/2015 $1,500,000
179 Palmetto St, Brooklyn 2,500 01/28/2020
235 Palmetto St, Brooklyn 213,635
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