Kings  »  11221  »  Palmetto St  »  112 Palmetto St

112 Palmetto Street, Brooklyn, NY 11221 - Property report

Also known as: 112 Palmetto St

Property image for 112 Palmetto Street, Brooklyn, NY 11221
static Mapbox map

Property type

Five to Six Families (C2)

Year built

1931

Lot sq. ft.

2,700

Sale price

$590,000

General information

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Address
Primary address
112 Palmetto Street
Alternate address(es)
112-114 Palmetto St
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03350-0011

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
6,480
Building dimensions
27 ft x 80 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
12/27/2005
Sale price
$590,000
Tax
Tax year
2026-2027
Property tax
$10,603
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
27 ft x 100 ft
Lot sq. ft.
2,700

Area overview

Walk score
84 /100.  Very Walkable
Transit score
99 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.35 Miles
Closest fire station
0.32 Miles

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Ownership information for 112 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 112 Palmetto Street, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
12/27/2005 $590,000 XXX-XXX XXXXXXXX XXX XXXXX , XXXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/21/2025 - R UCC3 Termination
(2025112100036001)
XXXXXX XXXXXXXX XXX XXXXXXXX XXXX X X
11/21/2025 - R
11/12/2025 - D
Agreement
(2025111300736005)
XXXXXXXX XXXXX XXXX X X XXXXXX XXXXXXXX XXX
11/21/2025 - R
11/12/2025 - D
Mortgage
(2025111300736004)
XXXXXX XXXXXXXX XXX XXXXXXXX XXXXX XXXX X X
11/21/2025 - R
11/04/2025 - D
Assignment, Mortgage
(2025111300736003)
XXXXXXXX XXXX X X XXXXXXXX XXXXX XXXX X X
11/21/2025 - R
11/04/2025 - D
Termination of Assign of L&R
(2025111300736001)
XXXXXXXX XXXX X X XXXXXX XXXXXXXX XXX
01/31/2025 - R Initial UCC1
(2025013000919001)
XXXXXX XXXXXXXX XXX XXXXXXXX XXXX X X
07/08/2015 - R Initial UCC1
(2015070700949001)
XXXXXX XXXXXXXX XXX XXXXXXXXX XXXX
07/31/2015 - R
07/07/2015 - D
Assignment of Leases and Rents
(2015072300425007)
XXXXXX XXXXXXXX XXX XXXXXXXXX XXXX
07/31/2015 - R
07/07/2015 - D
Agreement
(2015072300425006)
XXXXXX XXXXXXXX XXX XXXXXXXXX XXXX
07/31/2015 - R
07/07/2015 - D
Mortgage
(2015072300425005)
XXXXXX XXXXXXXX XXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 112 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
$10,603
Municipal exemptions
Recent tax assessments
Market value
$1,832,000
Assessed value
$824,400

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 $1,643,000 $739,350 $85,210 12.439% $10,599 $10,599 +2.77%
2024/25 $1,369,000 $616,050 $82,507 12.5% $10,313 $10,313 +7.94%
2023/24 $1,356,000 $610,200 $76,423 12.502% $9,554 $9,554 +10.05%
2022/23 $1,286,000 $578,700 $70,775 12.267% $8,682 $8,682 +8.23%
2021/22 $1,029,000 $463,050 $65,568 12.235% $8,022 $8,022 -0.23%
2020/21 $1,129,000 $508,050 $65,546 12.267% $8,041 $8,041 +1.57%
2019/20 $1,073,000 $482,850 $63,467 12.473% $7,916 $7,916 +6.77%
2018/19 $991,000 $445,950 $58,787 12.612% $7,414 $7,414 +7.07%
2017/18 $936,000 $421,200 $54,442 12.719% $6,924 $6,924 +6.49%
2016/17 $749,000 $337,050 $50,437 12.892% $6,502 $6,502 +0.10%

Permit information for 112 Palmetto Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/11/2006 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/15/2014 Lblvio-low pressure boiler
01/01/2009 Ll6291-local law 62/91 - boilers
01/03/2008 Ll6291-local law 62/91 - boilers

*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)
0.308

Access the detailed traffic volume map for 112 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 112 Palmetto Street, Brooklyn, NY 11221?

The development at 112 Palmetto Street, Brooklyn, NY 11221 was built in 1931.

What is the total square footage of 112 Palmetto Street, Brooklyn, NY 11221?

112 Palmetto Street, Brooklyn, NY 11221 has a total of 6,480 square feet.

When was 112 Palmetto Street, Brooklyn, NY 11221 last sold and what was the sale price?

112 Palmetto Street, Brooklyn, NY 11221 was last sold on 12/27/2005 for $590,000.

What is the assessed value of 112 Palmetto Street, Brooklyn, NY 11221?

112 Palmetto Street, Brooklyn, NY 11221 is currently assessed at $824,400.

What are the property taxes for 112 Palmetto Street, Brooklyn, NY 11221?

The property taxes for 112 Palmetto Street, Brooklyn, NY 11221 total $10,602.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

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