Kings  »  11237  »  Palmetto St  »  381 Palmetto St

381 Palmetto Street, Brooklyn, NY 11237 - Property report

Also known as: 381 Palmetto St

Property image for 381 Palmetto Street, Brooklyn, NY 11237
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

2008

Lot sq. ft.

2,500

Sale price

$3,000,000 - M

General information

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Address
Primary address
381 Palmetto Street
ZIP code
11237
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03345-0041

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
6,925
Building dimensions
25 ft x 55 ft
Buildings on lot
1
Stories
4
Year built
2008
Sales
Sale date
06/10/2021
Sale price
$3,000,000 - M
Tax
Tax year
2026-2027
Property tax
$1,643
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
8
Residential sq. ft.
Lot
Lot dimensions
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
99 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.29 Miles
Closest fire station
0.22 Miles

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

Ownership information for 381 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 381 Palmetto Street, Brooklyn, NY 11237

Sale date Sale price Buyer name Seller name
06/10/2021 $3,000,000 XX XXXXXXXX XXXXXXXXXX XXX XXX XXXXXXXXX XXX
05/04/2016 $1,200,000 XXX XXXXXX XXXXXX XXX XXXXXX, XXXXXX
06/26/2007 $300,000 XXX XXXXXXXXX XXX XXX XXXXXX XXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/06/2022 - R
03/15/2022 - D
Deed
(2022051900671001)
XXX XXXXXX XXXXXX XXX XX XXXXXXXX XXXXXXXXXX XXX
07/07/2021 - R
06/10/2021 - D
Assignment of Leases and Rents
(2021062200634003)
XX XXXXXXXX XXXXXXXXXX XXX XXX XXXXXXXXX XXX
07/07/2021 - R
06/10/2021 - D
Mortgage
(2021062200634002)
XX XXXXXXXX XXXXXXXXXX XXX XXX XXXXXXXXX XXX
07/07/2021 - R
06/10/2021 - D
Deed
(2021062200634001)
XXX XXXXXXXXX XXX XX XXXXXXXX XXXXXXXXXX XXX
06/10/2016 - R
05/04/2016 - D
Deed
(2016052300091006)
XXXXXX XXXXXX XXX XXXXXX XXXXXX XXX
06/10/2016 - R
05/04/2016 - D
Deed
(2016052300091005)
XXX XXXXXXXXX XXX XXXXXX XXXXXX
07/25/2012 - R
06/04/2012 - D
Satisfaction of Mortgage
(2012071700882001)
XXX XXXXXXXXX XXX XXX XXXXXX XXX X
07/19/2010 - R
07/06/2010 - D
Assignment, Mortgage
(2010071600289001)
XXX XXXXXX XXX X XXXXXXXXXXX XXXXXXXX
07/09/2007 - R
06/26/2007 - D
Mortgage
(2007070200572002)
XXX XXXXXXXXX XXX XXX XXXXXX XXX X
07/09/2007 - R
06/26/2007 - D
Deed
(2007070200572001)
XXX XXXXXX XXX X XXX XXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 381 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
$1,643
Municipal exemptions
Recent tax assessments
Market value
$1,702,000
Assessed value
$765,900

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 $1,418,000 $638,100 $13,212 12.439% $43,165 $1,643 -0.49%
2024/25 $1,182,000 $531,900 $13,212 12.5% $43,377 $1,652 -0.02%
2023/24 $1,097,000 $493,650 $13,212 12.502% $42,039 $1,652 +1.92%
2022/23 $914,000 $411,300 $13,212 12.267% $38,193 $1,621 +0.29%
2021/22 $731,000 $328,950 $13,212 12.235% $35,272 $1,616 -0.29%
2020/21 $802,000 $360,900 $13,212 12.267% $32,745 $1,621 -1.65%
2019/20 $887,200 $399,240 $13,212 12.473% $33,295 $1,648 -1.10%
2018/19 $1,109,000 $499,050 $13,212 12.612% $32,622 $1,666 -0.84%
2017/18 $1,021,000 $459,450 $13,212 12.719% $30,462 $1,680 -1.34%
2016/17 $920,000 $414,000 $13,212 12.892% $28,589 $1,703 +0.07%

Permit information for 381 Palmetto Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/08/2008 Alteration type 2
10/08/2008 Alteration type 2
05/20/2008 Alteration type 2
05/20/2008 Alteration type 2
12/19/2007 New building

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/01/2009 Ll6291-local law 62/91 - boilers
02/14/2008 C-construction
01/24/2008 C-construction

*Most recent DOB violations on record 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
-

Subway & traffic

Closest station
Palmetto St & Wycoff Ave at NW Corner
Station lines
L-M
Distance (miles)
0.066

Access the detailed traffic volume map for 381 Palmetto Street, Brooklyn, NY 11237 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

Frequently asked questions

What is the year built for 381 Palmetto Street, Brooklyn, NY 11237?

The development at 381 Palmetto Street, Brooklyn, NY 11237 was built in 2008.

What is the total square footage of 381 Palmetto Street, Brooklyn, NY 11237?

381 Palmetto Street, Brooklyn, NY 11237 has a total of 6,925 square feet.

When was 381 Palmetto Street, Brooklyn, NY 11237 last sold and what was the sale price?

381 Palmetto Street, Brooklyn, NY 11237 was last sold on 06/10/2021 for $3,000,000 - M.

What is the assessed value of 381 Palmetto Street, Brooklyn, NY 11237?

381 Palmetto Street, Brooklyn, NY 11237 is currently assessed at $765,900.

What are the property taxes for 381 Palmetto Street, Brooklyn, NY 11237?

The property taxes for 381 Palmetto Street, Brooklyn, NY 11237 total $1,643.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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