Kings  »  11221  »  Palmetto St  »  120 Palmetto St

120 Palmetto Street, Brooklyn, NY 11221 - Property report

Also known as: 120 Palmetto St

Property image for 120 Palmetto Street, Brooklyn, NY 11221
static Mapbox map

Property type

Five to Six Families (C2)

Year built

1931

Lot sq. ft.

2,500

General information

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

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
4,125
Building dimensions
25 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Tax
Tax year
2026-2027
Property tax
$9,132
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
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
82 /100.  Very Walkable
Transit score
99 /100.  Rider's Paradise
Bike score
85 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.34 Miles
Closest fire station
0.31 Miles

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

Ownership information for 120 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 120 Palmetto Street, Brooklyn, NY 11221

No recently recorded sales for this property.

More about New York City property records.

Title documents

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

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 120 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
$9,132
Municipal exemptions
Recent tax assessments
Market value
$1,403,000
Assessed value
$631,350

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 $1,300,000 $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%
2020/21 $813,000 $365,850 $56,471 12.267% $6,927 $6,927 +1.65%
2019/20 $756,000 $340,200 $54,635 12.473% $6,815 $6,815 +6.72%
2018/19 $630,000 $283,500 $50,629 12.612% $6,385 $6,385 +7.02%
2017/18 $595,000 $267,750 $46,910 12.719% $5,966 $5,966 +6.54%
2016/17 $476,000 $214,200 $43,439 12.892% $5,600 $5,600 +0.07%

Permit information for 120 Palmetto Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/01/2022 Alteration

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required
02/24/2017 Lblvio-low pressure boiler

*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)
0.317

Access the detailed traffic volume map for 120 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 120 Palmetto Street, Brooklyn, NY 11221?

The development at 120 Palmetto Street, Brooklyn, NY 11221 was built in 1931.

What is the total square footage of 120 Palmetto Street, Brooklyn, NY 11221?

120 Palmetto Street, Brooklyn, NY 11221 has a total of 4,125 square feet.

What is the assessed value of 120 Palmetto Street, Brooklyn, NY 11221?

120 Palmetto Street, Brooklyn, NY 11221 is currently assessed at $631,350.

What are the property taxes for 120 Palmetto Street, Brooklyn, NY 11221?

The property taxes for 120 Palmetto Street, Brooklyn, NY 11221 total $9,131.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

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