New York City  »  11221  »  Palmetto St  »  124 Palmetto St

124 Palmetto Street, Brooklyn, NY 11221 - Property report

Also known as: 124 Palmetto St

Property image for 124 Palmetto Street, Brooklyn, NY 11221
static Mapbox map

Property type

Three Families (C0)

Year built

1931

Lot sq. ft.

1,667

General information

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Address
Primary address
124 Palmetto Street
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03350-0015

Owner

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Building
Property type
Three Families (C0)
Building sq. ft.
2,250
Building dimensions
16.67 ft x 45 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Frame
Exterior wall
Aluminum/Vinyl
Basement
4
Tax
Tax year
2026-2027
Property tax
$6,357
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Palmetto Street (narrow)
Nearest wide street
Bushwick Avenue
Distance to wide street
Lot dimensions
16.67 ft x 100 ft
Lot sq. ft.
1,667

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
0.30 Miles

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

Ownership information for 124 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 124 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
04/16/2004 - R
02/23/2004 - D
Agreement
(2004030901541003)
XXXXXXX XXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
04/16/2004 - R
02/23/2004 - D
Mortgage
(2004030901541002)
XXXXXXX XXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
04/16/2004 - R
02/05/2004 - D
Assignment, Mortgage
(2004030901541001)
XXX XXXX XX XXX XXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
08/10/2010 - R
05/01/2003 - D
Satisfaction of Mortgage
(2010080300394001)
XXXXXXX XXXXXX XXXXXXXXXXX XXXX XXXXX XX X
10/25/2001 - R Mortgage
(3180007860918)
XXXXXXX XXXXXX XXXXXXXXXXX XXXX XXXXX XXX
05/09/2000 - R Assignment, Mortgage
(3600007213360)
XXXXXXXX XXXXXXXXXXXXXXX XXXX XX XXX XXXXXX
03/09/2000 - R Satisfaction of Mortgage
(3050007130305)
XXXXXXXX XXXX
12/07/1999 - R Mortgage
(3100006932610)
XXXXXXX XXXXXX XXXXXXXX XXXXXXXXXXXXXXX
02/05/1986 - R Agreement
(3830001143383)
XXXXXXX XXXXXX XXXXXXXX XXXX
11/20/1985 - R Uniform Commercial Code 3
(3870001837387)
XXXXXXX XXXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 124 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
$6,357
Municipal exemptions
Recent tax assessments
Market value
$1,701,000
Assessed value
$102,060

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 $1,319,000 $79,140 $30,226 19.843% $5,998 $5,998 -1.20%
2024/25 $1,295,000 $77,700 $30,226 20.085% $6,071 $6,071 +0.77%
2023/24 $1,589,000 $95,340 $29,996 20.085% $6,025 $6,025 +4.82%
2022/23 $1,332,000 $79,920 $28,300 20.309% $5,747 $5,747 +7.83%
2021/22 $1,045,000 $62,700 $26,699 19.963% $5,330 $5,330 +0.55%
2020/21 $1,267,000 $76,020 $25,188 21.045% $5,301 $5,301 -0.58%
2019/20 $1,007,000 $60,420 $25,188 21.167% $5,332 $5,332 +1.96%
2018/19 $962,000 $57,720 $24,997 20.919% $5,229 $5,229 +8.77%
2017/18 $915,000 $54,900 $23,583 20.385% $4,807 $4,807 +8.08%
2016/17 $678,000 $40,680 $22,249 19.991% $4,448 $4,448 +8.37%

Permit information for 124 Palmetto Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
03/01/2022 A

*Most recent HPD violation on record for this property.

Bushwick South residential market stats

Access a detailed real estate market overview of Bushwick South so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Bushwick South and compare it to other neighborhoods in Brooklyn.

Median sale price

Median price/sq. ft.

Brooklyn median sale price

$899,000

6% 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)
0.325

Access the detailed traffic volume map for 124 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 377 Alejandina B De Gautier 2 Yes Public PK, K-5 173 0.17
P.S. 377 Alejandina B De Gautier 2 Yes Public PK, K-5 173 0.17
P.S. 299 Thomas Warren Field School 3 No Public PK, K-5 197 0.12
P.S. 299 Thomas Warren Field School 3 No Public PK, K-5 197 0.12
Achievement First North Brooklyn Prep Charter School 7 No Charter K-8 851 0.17
P.S. 75 Mayda Cortiella 3 No Public PK, K-5 215 0.21
P.S. 75 Mayda Cortiella 3 No Public PK, K-5 215 0.21
Pope John Paul Ii Family Academy NR No Private PK, K-4 151 0.26
Pope John Paul Ii Family Academy NR No Private PK, K-4 151 0.26
Success Academy Charter School-Nyc 10 10 No Charter K-4 478 0.27
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 291 Roland Hayes 3 Yes Public 6-8 267 0.26
Achievement First North Brooklyn Prep Charter School 7 No Charter K-8 851 0.17
St. Marks Lutheran Schools NR No Private PK, K-8 0 0.37
Jhs 383 Philippa Schuyler 7 No Public 5-8 822 0.38
Achievement First Bushwick Charter School 7 No Charter K-8 938 0.38
Brooklyn Excelsior Charter School 6 No Charter K-8 610 0.42
All City Leadership Secondary School 8 No Public 6-12 421 0.43
Charles Churn Christian Academy NR No Private PK, K-12 0 0.45
Evergreen Middle School-Urban Exploration 4 No Public 6-8 342 0.45
Bushwick Ascend Charter School 7 No Charter K-8 799 0.46
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Bushwick Community High School 2 No Public 9-12 86 0.26
Math, Eng, Science Academy Charter High 5 No Charter 9-12 515 0.26
Brooklyn High School Law And Tech 3 No Public 9-12 549 0.32
Bushwick School for Social Justice 2 No Public 9-12 272 0.42
Academy for Environmental Leadership 2 No Public 9-12 275 0.42
Academy Of Urban Planning 5 No Public 9-12 403 0.42
Brooklyn School For Math And Research NR No Public 9-12 333 0.42
All City Leadership Secondary School 8 No Public 6-12 421 0.43
Charles Churn Christian Academy NR No Private PK, K-12 0 0.45
Excellence Girls Charter School 5 No Charter K-12 1,050 0.46

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 124 Palmetto Street, Brooklyn, NY 11221?

The development at 124 Palmetto Street, Brooklyn, NY 11221 was built in 1931.

What is the total square footage of 124 Palmetto Street, Brooklyn, NY 11221?

124 Palmetto Street, Brooklyn, NY 11221 has a total of 2,250 square feet.

What is the assessed value of 124 Palmetto Street, Brooklyn, NY 11221?

124 Palmetto Street, Brooklyn, NY 11221 is currently assessed at $102,060.

What are the property taxes for 124 Palmetto Street, Brooklyn, NY 11221?

The property taxes for 124 Palmetto Street, Brooklyn, NY 11221 total $6,357.

How many residential units does this building have?

This building has 3 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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