Kings  »  11221  »  Palmetto St  »  58 Palmetto St

58 Palmetto Street, Brooklyn, NY 11221 - Property report

Also known as: 58 Palmetto St

Property image for 58 Palmetto Street, Brooklyn, NY 11221
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

2019

Lot sq. ft.

7,500

Sale price

$15,585,897

General information

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Address
Primary address
58 Palmetto Street
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03349-0011

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
20,835
Building dimensions
74.83 ft x 59 ft
Buildings on lot
1
Stories
6
Year built
2019
Building material
Sales
Sale date
09/06/2022
Sale price
$15,585,897
Tax
Tax year
2026-2027
Property tax
$20,095
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
27
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
75 ft x 100 ft
Lot sq. ft.
7,500

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
0.25 Miles
Closest fire station
0.44 Miles

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

Ownership information for 58 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 58 Palmetto Street, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
09/06/2022 $15,585,897 XX XXXXXXXX XXX XX XXXXXXXX XXXXXXXX XXX
03/15/2019 $4,250,000 XX XXXXXXXX XXXXXXXX XXX XXXXXXXX XXXXX XXX
04/24/2018 $3,750,000 XXXXXXXX XXXXX XXX XXXXX XX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/13/2024 - R
09/04/2024 - D
Both RPTT and RETT
(2024091100389015)
XX XXXXXXXX XXXXXXX XXX XXXXX XX XX XX XXX
09/19/2022 - R UCC3 Termination
(2022091900303001)
XX XXXXXXXX XXXXXXXX XXX XXXXX XXXXXXXXX XXXXXXX XXXXXX XXXXX
09/19/2022 - R Initial UCC1
(2022090901031001)
XX XXXXXXXX XXX XXXXXXXXX XXXX
09/19/2022 - R
09/06/2022 - D
Agreement
(2022091900303006)
XXXXXXXXX XXXX XXX XXXXXXXX XXX
09/19/2022 - R
09/06/2022 - D
Agreement
(2022091900303005)
XX XXXXXXXX XXX XXXXXXXXX XXXX
09/19/2022 - R
09/06/2022 - D
Deed
(2022091900303003)
XX XXXXXXXX XXXXXXXX XXX XX XXXXXXXX XXX
09/19/2022 - R
08/22/2022 - D
Assignment, Mortgage
(2022091900303004)
XXXXX XXXXXXXXX XXXXXXX XXXXXX XXXXX XXXXXXXXX XXXX
09/19/2022 - R
08/22/2022 - D
Termination of Assign of L&R
(2022091900303002)
XXXXX XXXXXXXXX XXXXXXX XXXXXX XXXXX XX XXXXXXXX XXXXXXXX XXX
06/02/2022 - R
05/13/2022 - D
Sundry Miscellaneous
(2022052300543001)
XX XXXXXXXX XXXXXXXX XXX
01/05/2022 - R UCC3 Assignment
(2021121700901002)
XX XXXXXXXX XXXXXXXX XXX XXXXXXXXXX XXXXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 58 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
$20,095
Municipal exemptions
Recent tax assessments
Market value
$5,299,000
Assessed value
$2,384,550

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 $4,755,000 $2,139,750 $161,550 12.439% $221,103 $20,095 -0.49%
2024/25 $4,529,000 $2,038,050 $161,550 12.5% $207,979 $20,194 -0.02%
2023/24 $3,482,000 $1,566,900 $161,550 12.502% $195,016 $20,197 -89.42%
2022/23 $3,492,000 $1,571,400 $1,556,640 12.267% $190,953 $190,953 +151.87%
2021/22 $1,401,000 $630,450 $619,650 12.235% $75,814 $75,814 +257.10%
2020/21 $405,000 $182,250 $173,070 12.267% $21,230 $21,230 +56.01%
2019/20 $287,000 $129,150 $129,150 10.537% $13,609 $13,609 -19.88%
2018/19 $359,000 $161,550 $161,550 10.514% $16,985 $16,985 -7.58%
2017/18 $449,000 $202,050 $174,796 10.514% $18,378 $18,378 +7.76%
2016/17 $423,000 $190,350 $161,295 10.574% $17,055 $17,055 +5.59%

Permit information for 58 Palmetto Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/18/2020 Alteration
03/13/2020 Alteration
11/22/2019 Alteration
11/21/2019 Alteration
11/21/2019 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/06/2021 Aeuhaz1-fail to certify class 1 none
01/06/2021 Aeuhaz1-fail to certify class 1 none
06/29/2020 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
Linden St & Broadway at NW Corner
Station lines
J-Z
Distance (miles)
0.202

Access the detailed traffic volume map for 58 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 58 Palmetto Street, Brooklyn, NY 11221?

The development at 58 Palmetto Street, Brooklyn, NY 11221 was built in 2019.

What is the total square footage of 58 Palmetto Street, Brooklyn, NY 11221?

58 Palmetto Street, Brooklyn, NY 11221 has a total of 20,835 square feet.

When was 58 Palmetto Street, Brooklyn, NY 11221 last sold and what was the sale price?

58 Palmetto Street, Brooklyn, NY 11221 was last sold on 09/06/2022 for $15,585,897.

What is the assessed value of 58 Palmetto Street, Brooklyn, NY 11221?

58 Palmetto Street, Brooklyn, NY 11221 is currently assessed at $2,384,550.

What are the property taxes for 58 Palmetto Street, Brooklyn, NY 11221?

The property taxes for 58 Palmetto Street, Brooklyn, NY 11221 total $20,095.

How many residential units does this building have?

This building has 27 residential unit(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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