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120 Palmetto Street, Brooklyn, NY 11221 Property Information

120 Palmetto Street, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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120 Palmetto Street, Brooklyn, NY 11221 1
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Address

Primary address 120 Palmetto Street
Neighborhood Bushwick
Zip code 11221
Borough Brooklyn
Block & lot 03350-0013

Sales & Tax Overview for 120 Palmetto Street, Brooklyn

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Tax class
Estimated property tax $9,131

Lot & Building Information for 120 Palmetto Street, Brooklyn

Lot sq. ft. 2,500
Lot dimensions 25 ft x 100 ft
Property type Five to Six Families (C2)
Building sqft 4,125
Building dimensions 25 ft x 55 ft
Buildings on lot 1
Stories 3
Year built 1931
Construction type
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Zoning & Use for 120 Palmetto Street, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 6
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 32
Community district 4
Closest police station 0.34 Miles
Closest fire station 0.31 Miles

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

Other Property Data for 120 Palmetto Street, Brooklyn

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Floor area ratio (FAR) for 120 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 120 Palmetto Street, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 120 Palmetto Street, Brooklyn

What is the year built & the total sq. ft. for 120 Palmetto Street, Brooklyn, NY 11221?

120 Palmetto Street, Brooklyn, NY 11221 was built in 1931 and has a total of 4,125 square feet.

What is the assessed value of 120 Palmetto Street, Brooklyn, NY 11221 and the property tax paid?

Assessed at $585,000, the tax amount paid for 120 Palmetto Street, Brooklyn, NY 11221 is $9,131. For the next year, the tax amount for 120 Palmetto Street, Brooklyn, NY 11221 is estimated at $9,131.

When was 120 Palmetto Street, Brooklyn, NY 11221 last sold?

120 Palmetto Street, Brooklyn, NY 11221 was last sold in 05/16/2002.

How many residential units does this building have?

This building has 6 residential unit(s).

Ownership Information for 120 Palmetto Street, Brooklyn

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Property owner name for 120 Palmetto Street, Brooklyn, NY 11221
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Building contacts for 120 Palmetto Street, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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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 120 Palmetto Street, Brooklyn

Create a free account to view the complete sales history for 120 Palmetto Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 120 Palmetto Street, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
08/24/2020 - R UCC3 Continuation
(2020081700687001)
01/14/2016 - R Initial UCC1
(2016011400956001)
11/18/2015 - D
01/20/2016 - R
Assignment of Leases and Rents
(2016011201277001)
11/18/2015 - D
12/18/2015 - R
Mortgage
(2015121600215001)
04/08/2013 - D
06/14/2013 - R
Satisfaction of Mortgage
(2013041500022002)
04/08/2013 - D
06/14/2013 - R
Termination of Assign of L&R
(2013041500022001)
07/19/2002 - R Mortgage
(3680008772768)
07/19/2002 - R Assignment, Mortgage
(3700008773970)
05/16/2002 - D
07/19/2002 - R
Deed
(3420008773742)
06/28/2001 - R Tax Lien Sale Certificate
(FT_3090007717209)
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R: Recorded date
D: Document date

Property Taxes for 120 Palmetto Street, Brooklyn

Access detailed property tax data for 120 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: $9,132
Estimated property tax: $9,131
Tax assessor's market value: $1,300,000
Assessed value: $585,000

Assessment History for 120 Palmetto Street, Brooklyn

Here's the assessment & property tax history for 120 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 $1,300,000 $585,000 $73,412 12.439% $9,132 $9,132 +2.85%
2024/25 $1,083,000 $487,350 $71,026 12.5% $8,878 $8,878 +7.90%
2023/24 $993,000 $446,850 $65,818 12.502% $8,229 $8,229 +10.00%
2022/23 $928,000 $417,600 $60,983 12.267% $7,481 $7,481 +8.28%
2021/22 $742,000 $333,900 $56,471 12.235% $6,909 $6,909 -0.26%

Permits for 120 Palmetto Street, Brooklyn

The complete history of permits filed for 120 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
06/01/2022 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 Linden St & Broadway at NW Corner
Station lines J-Z
Distance (miles) 0.317
View subway map
Bus Routes
Name Gates Av/Evergreen Av
Line B52
Distance (miles) 0.075

Neighbors for 120 Palmetto Street, Brooklyn

Here are the neighbors for 120 Palmetto Street, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
146 Palmetto St, Brooklyn 4,200 10/20/2009 $665,000
148 Palmetto St, Brooklyn 2,500 12/23/2004 $540,000
116 Palmetto St, Brooklyn 6,600 05/25/2022
100 Palmetto St, Brooklyn 1,100 03/26/2005
447 A Evergreen Ave, Brooklyn 1,600 06/12/1986
445 Evergreen Ave, Brooklyn 1,760 02/02/2007
124 Palmetto St, Brooklyn 2,250 08/31/1978
126 Palmetto St, Brooklyn 3,000 06/26/1989
130 Palmetto St, Brooklyn 31,000 06/24/1987
104 Palmetto St, Brooklyn 3,152 03/15/2022
447 Evergreen Ave, Brooklyn 2,997 01/29/2021
440 Central Ave, Brooklyn 12,380 09/02/1998
110 Palmetto St, Brooklyn 3,936 09/22/2004
128 Palmetto St, Brooklyn 2,250 01/19/2026
142 Palmetto St, Brooklyn 4,875 10/27/2015 $18,400,000
144 Palmetto St, Brooklyn 1,630 11/08/2021
102 Palmetto St, Brooklyn 2,000 02/07/2006 $577,500
112 Palmetto St, Brooklyn 6,480 12/27/2005 $590,000
140 Palmetto St, Brooklyn 4,875 07/25/2013 $499,000
106 Palmetto St, Brooklyn 3,900 08/04/2005 $741,600
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