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I.S 291/227 Ladder 112 - 235 Palmetto Street, Brooklyn, NY 11221 Property Information

I.S 291/227 Ladder 112 - 235 Palmetto Street, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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I.S 291/227 Ladder 112 - 235 Palmetto Street, Brooklyn, NY 11221 3
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Address

Building name I.S 291/227 Ladder 112
Primary address I.S 291/227 Ladder 112 - 235 Palmetto Street
Secondary address 1352-1416 Gates Ave
Neighborhood Bushwick
Zip code 11221
Borough Brooklyn
Block & lot 03343-0001

Sales & Tax Overview for 235 Palmetto Street, Brooklyn

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Tax class

Lot & Building Information for 235 Palmetto Street, Brooklyn

Lot sq. ft. 117,500
Lot dimensions 600 ft x 200 ft
Property type Public Elementary, Junior or Senior High (W1)
Building sqft 213,635
Building dimensions 305 ft x 170 ft
Buildings on lot 1
Stories 3
Year built 1970
Year last altered 2007
Construction type
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Zoning & Use for 235 Palmetto Street, Brooklyn

Zoning
Qualified opportunity zone
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 32
Community district 4
Closest police station 0.16 Miles
Closest fire station 0.47 Miles

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

Other Property Data for 235 Palmetto Street, Brooklyn

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Floor area ratio (FAR) for I.S 291/227 Ladder 112 - 235 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 I.S 291/227 Ladder 112 - 235 Palmetto Street, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 1352-1416 Gates Ave, Brooklyn, NY 11221
  • 568 Knickerbocker Ave, Brooklyn, NY 11221
  • 590 Knickerbocker Ave, Brooklyn, NY 11221
  • 219-277 Palmetto St, Brooklyn, NY 11221
  • 369-387 Wilson Ave, Brooklyn, NY 11221

About 235 Palmetto Street, Brooklyn

What is the year built & the total sq. ft. for I.S 291/227 Ladder 112 - 235 Palmetto Street, Brooklyn, NY 11221?

I.S 291/227 Ladder 112 - 235 Palmetto Street, Brooklyn, NY 11221 was built in 1970 and has a total of 213,635 square feet.

What is the assessed value of I.S 291/227 Ladder 112 - 235 Palmetto Street, Brooklyn, NY 11221?

The assessed market value for the current tax year is $21,654,000.

Ownership Information for 235 Palmetto Street, Brooklyn

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Property owner name for I.S 291/227 Ladder 112 - 235 Palmetto Street, Brooklyn, NY 11221
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Building contacts for I.S 291/227 Ladder 112 - 235 Palmetto Street, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
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 235 Palmetto Street, Brooklyn

Create a free account to view the complete sales history for 235 Palmetto Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 235 Palmetto Street, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
03/26/1973 - R Court Order
(37330062200438)
12/16/1970 - R Release of Estate Tax Lien
(37030045300872)
           
           
           
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R: Recorded date
D: Document date

Property Taxes for 235 Palmetto Street, Brooklyn

Access detailed property tax data for I.S 291/227 Ladder 112 - I.S 291/227 Ladder 112 - 235 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: $0
Tax assessor's market value: $48,120,000
Assessed value: $21,654,000
Exemptions granted by city:

Assessment History for 235 Palmetto Street, Brooklyn

Here's the assessment & property tax history for 235 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 $48,120,000 $21,654,000 $0 10.848% $2,206,317 $0 n/a
2024/25 $47,415,000 $21,336,750 $0 10.762% $2,149,570 $0 n/a
2023/24 $46,459,000 $20,906,550 $0 10.592% $2,071,306 $0 n/a
2022/23 $43,805,000 $19,712,250 $0 10.646% $2,030,462 $0 n/a
2021/22 $40,184,000 $18,082,800 $0 10.755% $1,944,805 $0 n/a

Permits for 235 Palmetto Street, Brooklyn

The complete history of permits filed for 235 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
05/08/2026 Alteration
02/11/2026 Alteration
11/18/2025 Alteration
08/15/2025 Alteration
08/15/2025 Alteration
08/15/2025 Alteration
08/12/2025 Alteration
03/13/2025 Alteration
11/12/2024 Alteration
09/09/2024 Alteration
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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) 0.267
View subway map
Bus Routes
Name Gates Av/Wilson Av
Line B52
Distance (miles) 0.047

Neighbors for 235 Palmetto Street, Brooklyn

Here are the neighbors for I.S 291/227 Ladder 112 - I.S 291/227 Ladder 112 - 235 Palmetto Street, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
582 Knickerbocker Ave, Brooklyn 15,926
1440 Gates Ave, Brooklyn 5,200 11/03/2005
193 Palmetto St, Brooklyn 1,800 04/18/2022
195 Palmetto St, Brooklyn 1,800 06/15/2022
579 Knickerbocker Ave, Brooklyn 3,600 04/20/2024
577 Knickerbocker Ave, Brooklyn 2,000 09/20/2019
1436 Gates Ave, Brooklyn 2,970 05/08/2012
1434 Gates Ave, Brooklyn 4,125 11/07/2012 $350,000
1444 Gates Ave, Brooklyn 4,125 11/21/2016
183 Palmetto St, Brooklyn 4,125 04/15/2005 $362,500
187 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
589 Knickerbocker Ave, Brooklyn 17,485 11/25/2024
1430 Gates Ave, Brooklyn 3,750 10/16/2019
1446 Gates Ave, Brooklyn 4,500 11/08/2013 $805,000
177 Palmetto St, Brooklyn 09/06/2022 $11,600,000
181 Palmetto St, Brooklyn 4,125 11/24/2015 $1,500,000
179 Palmetto St, Brooklyn 2,500 01/28/2020
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