Kings  »  11221  »  Palmetto St  »  140 Palmetto St

140 Palmetto Street, Brooklyn, NY 11221 - Property report

Also known as: 140 Palmetto St

Property image for 140 Palmetto Street, Brooklyn, NY 11221
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Property type

Five to Six Families (C2)

Year built

1931

Lot sq. ft.

2,500

Sale price

$499,000

General information

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Address
Primary address
140 Palmetto Street
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03350-0022

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
4,875
Building dimensions
25 ft x 65 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
07/25/2013
Sale price
$499,000
Tax
Tax year
2026-2027
Property tax
$11,161
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
78 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.32 Miles
Closest fire station
0.27 Miles

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

Ownership

Ownership information for 140 Palmetto Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 140 Palmetto Street, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
07/25/2013 $499,000 XXXXXX XXXXXXXXXX XX XXX XXXXXXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/06/2023 - R UCC3 Termination
(2022122801031006)		 XXX XXXXXXXXX XXX XXXXXXXXX XXXX
12/15/2022 - R UCC3 Continuation
(2022121500027001)		 XXX XXXXXXXXX XXX XXXXXXXXX XXXX
01/06/2023 - R
12/14/2022 - D		 Assignment of Leases and Rents
(2022122801031004)		 XXX XXXXXXXXX XXX XXXXX XXXXXXXX XXXX
01/06/2023 - R
12/14/2022 - D		 Agreement
(2022122801031003)		 XXX XXXXXXXXX XXX XXXXX XXXXXXXX XXXX
01/06/2023 - R
12/14/2022 - D		 Mortgage
(2022122801031002)		 XXX XXXXXXXXX XXX XXXXX XXXXXXXX XXXX
01/06/2023 - R
12/14/2022 - D		 Assignment, Mortgage
(2022122801031001)		 XXXXXXXXX XXXX XXXXX XXXXXXXX XXXX
01/06/2023 - R
12/12/2022 - D		 Termination of Assign of L&R
(2022122801031005)		 XXXXXXXXX XXXX XXX XXXXXXXXX XXX
02/22/2018 - R UCC3 Termination
(2018022000468008)		 XXXXXX XXXXXXXXXX XX XXX XXXXX XXXXX XXXXXX XXX
02/20/2018 - R Initial UCC1
(2018021600971001)		 XXX XXXXXXXXX XXX XXXXXXXXX XXXX
02/22/2018 - R
02/15/2018 - D		 Termination of Assign of L&R
(2018022000468006)		 XXXXXX XXXXXXXXXX XX XXX XXXXX XXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 140 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
$11,161
Municipal exemptions
Recent tax assessments
Market value
$1,193,000
Assessed value
$536,850

More about New York City property taxes

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 $994,000 $447,300 $89,729 12.439% $11,161 $11,161 +2.75%
2024/25 $1,030,000 $463,500 $86,901 12.5% $10,863 $10,863 +7.94%
2023/24 $954,000 $429,300 $80,499 12.502% $10,064 $10,064 +10.06%
2022/23 $973,000 $437,850 $74,543 12.267% $9,144 $9,144 +8.28%
2021/22 $877,000 $394,650 $69,022 12.235% $8,445 $8,445 -0.26%
2020/21 $960,000 $432,000 $69,022 12.267% $8,467 $8,467 +1.55%
2019/20 $894,000 $402,300 $66,847 12.473% $8,338 $8,338 +6.76%
2018/19 $745,000 $335,250 $61,922 12.612% $7,810 $7,810 +7.08%
2017/18 $704,000 $316,800 $57,341 12.719% $7,293 $7,293 +6.55%
2016/17 $563,000 $253,350 $53,094 12.892% $6,845 $6,845 +0.07%
Permits

Permit information for 140 Palmetto Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/21/2019 Alteration
08/29/2017 Alteration type 2
02/13/2017 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
02/24/2017 Lblvio-low pressure boiler
10/01/2015 Lblvio-low pressure boiler

*Most recent DOB violations on record for this property.

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

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)
0.352
View subway map

Access the detailed traffic volume map for 140 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

Neighbors for 140 Palmetto Street, Brooklyn, NY

146 Palmetto St, Brooklyn 148 Palmetto St, Brooklyn 141 Woodbine St, Brooklyn 116 Palmetto St, Brooklyn 130 Palmetto St, Brooklyn 126 Palmetto St, Brooklyn 124 Palmetto St, Brooklyn 133 Woodbine St, Brooklyn 104 Palmetto St, Brooklyn 440 Central Ave, Brooklyn 110 Palmetto St, Brooklyn 142 Palmetto St, Brooklyn 144 Palmetto St, Brooklyn 143 Woodbine St, Brooklyn 128 Palmetto St, Brooklyn 139 Woodbine St, Brooklyn 112 Palmetto St, Brooklyn 137 Woodbine St, Brooklyn 120 Palmetto St, Brooklyn 106 Palmetto St, Brooklyn

Nearby ZIP codes for 140 Palmetto Street, Brooklyn, NY

11101, New York City, NY 11104, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY 11379, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 140 Palmetto Street, Brooklyn, NY 11221?

The development at 140 Palmetto Street, Brooklyn, NY 11221 was built in 1931.

What is the total square footage of 140 Palmetto Street, Brooklyn, NY 11221?

140 Palmetto Street, Brooklyn, NY 11221 has a total of 4,875 square feet.

When was 140 Palmetto Street, Brooklyn, NY 11221 last sold and what was the sale price?

140 Palmetto Street, Brooklyn, NY 11221 was last sold on 07/25/2013 for $499,000.

What is the assessed value of 140 Palmetto Street, Brooklyn, NY 11221?

140 Palmetto Street, Brooklyn, NY 11221 is currently assessed at $536,850.

What are the property taxes for 140 Palmetto Street, Brooklyn, NY 11221?

The property taxes for 140 Palmetto Street, Brooklyn, NY 11221 total $11,161.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

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