Kings  »  11221  »  Palmetto St  »  42 Palmetto St

42 Palmetto Street, Brooklyn, NY 11221 - Property report

Also known as: 42 Palmetto St

Property image for 42 Palmetto Street, Brooklyn, NY 11221
static Mapbox map

Property type

Converted Dwellings or Rooming House (C5)

Year built

1921

Lot sq. ft.

2,000

Sale price

$355,000

General information

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Address
Primary address
42 Palmetto Street
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03348-0028

Owner

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Building
Property type
Converted Dwellings or Rooming House (C5)
Building sq. ft.
1,600
Building dimensions
20 ft x 40 ft
Buildings on lot
1
Stories
2
Year built
1921
Building material
Sales
Sale date
01/15/2013
Sale price
$355,000
Tax
Tax year
2026-2027
Property tax
$9,237
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
90 /100.  Walker's Paradise
Transit score
96 /100.  Rider's Paradise
Bike score
79 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.21 Miles
Closest fire station
0.52 Miles

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Ownership information for 42 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 42 Palmetto Street, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
01/15/2013 $355,000 XX XXXXXXXX XXXXXXXX XXX XX XXXXXXXX XXXXXX 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
02/27/2024 - R UCC3 Continuation
(2024022300235001)
XX XXXXXXXX XXXXXXXX XXX XX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX XXX XXX
12/30/2019 - R UCC3 Assignment
(2019123000935002)
XX XXXXXXXX XXXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
12/30/2019 - R
12/04/2019 - D
Assignment, Mortgage
(2019123000935001)
XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX X X XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
09/04/2019 - R UCC3 Termination
(2019090300851009)
XX XXXXXXXX XXXXXXXX XXX XXXXXXXXX XXXX
08/23/2019 - R Initial UCC1
(2019082300400001)
XX XXXXXXXX XXXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
09/04/2019 - R
08/20/2019 - D
Assignment, Mortgage
(2019090300851007)
XXXXX XXXXXX XXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
09/04/2019 - R
08/20/2019 - D
Agreement
(2019090300851006)
XX XXXXXXXX XXXXXXXX XXX XXXXX XXXXXX XXXXXXX XXX
09/04/2019 - R
08/20/2019 - D
Mortgage
(2019090300851005)
XX XXXXXXXX XXXXXXXX XXX XXXXX XXXXXX XXXXXXX XXX
09/04/2019 - R
08/20/2019 - D
Assignment, Mortgage
(2019090300851004)
XXXXXXXXX XXXX XXXXX XXXXXX XXXXXXX XXX
09/04/2019 - R
08/19/2019 - D
Release
(2019090300851008)
XXXXXXXXX XXXX XX XXXXXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 42 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
$9,237
Municipal exemptions
Recent tax assessments
Market value
$528,000
Assessed value
$237,600

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 $440,000 $198,000 $68,767 12.439% $8,554 $8,554 +7.46%
2024/25 $490,000 $220,500 $63,683 12.5% $7,960 $7,960 +7.96%
2023/24 $452,000 $203,400 $58,978 12.502% $7,373 $7,373 +1.92%
2022/23 $423,000 $190,350 $58,978 12.267% $7,235 $7,235 +3.52%
2021/22 $338,000 $152,100 $57,123 12.235% $6,989 $6,989 +7.71%
2020/21 $353,000 $158,850 $52,898 12.267% $6,489 $6,489 +6.20%
2019/20 $294,000 $132,300 $48,987 12.473% $6,110 $6,110 +6.79%
2018/19 $245,000 $110,250 $45,368 12.612% $5,722 $5,722 -0.84%
2017/18 $231,000 $103,950 $45,368 12.719% $5,770 $5,770 +1.86%
2016/17 $185,000 $83,250 $43,941 12.892% $5,665 $5,665 +8.06%

Permit information for 42 Palmetto Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/22/2013 Alteration type 2
10/15/2013 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
08/27/2014 Aeuhaz1-fail to certify class 1
08/27/2014 Aeuhaz1-fail to certify class 1
06/05/2014 P-plumbing

*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
Linden St & Broadway at NW Corner
Station lines
J-Z
Distance (miles)
0.157

Access the detailed traffic volume map for 42 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

Frequently asked questions

What is the year built for 42 Palmetto Street, Brooklyn, NY 11221?

The development at 42 Palmetto Street, Brooklyn, NY 11221 was built in 1921.

What is the market value of 42 Palmetto Street, Brooklyn, NY 11221?

The current market value of 42 Palmetto Street, Brooklyn, NY 11221 is $528,000.

What is the total square footage of 42 Palmetto Street, Brooklyn, NY 11221?

42 Palmetto Street, Brooklyn, NY 11221 has a total of 1,600 square feet.

What is the price per square foot for this property?

$221 per square foot is the price for 42 Palmetto Street, Brooklyn, NY 11221.

Disclaimer

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