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124 Palmetto Street, Brooklyn, NY 11221 Property Information

124 Palmetto Street, Brooklyn, NY 11221 Property Information

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

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

Sales & Tax Overview for 124 Palmetto Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $6,357

Lot & Building Information for 124 Palmetto Street, Brooklyn

Lot sq. ft. 1,667
Lot dimensions 16.67 ft x 100 ft
Property type Three Families (C0)
Building sqft 2,250
Building dimensions 16.67 ft x 45 ft
Buildings on lot 1
Stories 3
Structure type Old style
Building material Frame
Exterior wall Aluminum/vinyl
Basement type Full
Year built 1931
Frontage(s) Palmetto Street (narrow)
Nearest wide street Bushwick Avenue
Distance to wide street
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Zoning & Use for 124 Palmetto Street, Brooklyn

Zoning
Residential units (DOF) 3
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 0.30 Miles

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

Other Property Data for 124 Palmetto Street, Brooklyn

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Floor area ratio (FAR) for 124 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 124 Palmetto Street, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 124 Palmetto Street, Brooklyn

What is the year built & the total sq. ft. for 124 Palmetto Street, Brooklyn, NY 11221?

124 Palmetto Street, Brooklyn, NY 11221 was built in 1931 and has a total of 2,250 square feet.

What is the assessed value of 124 Palmetto Street, Brooklyn, NY 11221 and the property tax paid?

Assessed at $79,140, the tax amount paid for 124 Palmetto Street, Brooklyn, NY 11221 is $5,997. For the next year, the tax amount for 124 Palmetto Street, Brooklyn, NY 11221 is estimated at $6,357.

When was 124 Palmetto Street, Brooklyn, NY 11221 last sold?

124 Palmetto Street, Brooklyn, NY 11221 was last sold in 08/31/1978.

How many residential units does this building have?

This building has 3 residential unit(s).

Ownership Information for 124 Palmetto Street, Brooklyn

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Property owner name for 124 Palmetto Street, Brooklyn, NY 11221
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Building contacts for 124 Palmetto Street, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
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 124 Palmetto Street, Brooklyn

Create a free account to view the complete sales history for 124 Palmetto Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 124 Palmetto Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
02/23/2004 - D
04/16/2004 - R
Agreement
(2004030901541003)
02/23/2004 - D
04/16/2004 - R
Mortgage
(2004030901541002)
02/05/2004 - D
04/16/2004 - R
Assignment, Mortgage
(2004030901541001)
05/01/2003 - D
08/10/2010 - R
Satisfaction of Mortgage
(2010080300394001)
10/25/2001 - R Mortgage
(3180007860918)
05/09/2000 - R Assignment, Mortgage
(3600007213360)
03/09/2000 - R Satisfaction of Mortgage
(3050007130305)
12/07/1999 - R Mortgage
(3100006932610)
02/05/1986 - R Agreement
(3830001143383)
11/20/1985 - R Uniform Commercial Code 3
(3870001837387)
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R: Recorded date
D: Document date

Property Taxes for 124 Palmetto Street, Brooklyn

Access detailed property tax data for 124 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: $5,998
Estimated property tax: $6,357
Tax assessor's market value: $1,319,000
Assessed value: $79,140

Assessment History for 124 Palmetto Street, Brooklyn

Here's the assessment & property tax history for 124 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 $1,319,000 $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%

Permits for 124 Palmetto Street, Brooklyn

The complete history of permits filed for 124 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.

No recorded permits for this property.

Bushwick Residential Market Stats

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

Median Sale Price
$807,500
1.6% YoY
Median Price/Sqft
$947
0.4% YoY
Brooklyn Median Sale Price
$885,000
2.5% 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) 0.325
View subway map
Bus Routes
Name Gates Av/Evergreen Av
Line B52
Distance (miles) 0.081

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 124 Palmetto Street, Brooklyn

Here are the neighbors for 124 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
445 Evergreen Ave, Brooklyn 1,760 02/02/2007
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
143 Woodbine St, Brooklyn 6,196 09/25/2015 $725,000
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
120 Palmetto St, Brooklyn 4,125 05/16/2002
106 Palmetto St, Brooklyn 3,900 08/04/2005 $741,600
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