Kings  »  11237  »  Palmetto St  »  298 Palmetto St

298 Palmetto Street, Brooklyn, NY 11237 - Property report

Also known as: 298 Palmetto St

Property image for 298 Palmetto Street, Brooklyn, NY 11237
static Mapbox map

Property type

Five to Six Families (C2)

Year built

1931

Lot sq. ft.

2,500

Sale price

$440,000

General information

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Address
Primary address
298 Palmetto Street
ZIP code
11237
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03362-0009

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
5,625
Building dimensions
25 ft x 75 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
12/06/2004
Sale price
$440,000
Tax
Tax year
2026-2027
Property tax
$10,045
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
92 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
32
Community district
4
Closest police station
0.22 Miles
Closest fire station
0.05 Miles

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Ownership information for 298 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 298 Palmetto Street, Brooklyn, NY 11237

Sale date Sale price Buyer name Seller name
12/06/2004 $440,000 XXXXX XXXXXXXX XXXXXXXXXX XXX XX, XXX XXXX XXX XX, XXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/29/2015 - R Initial UCC1
(2015101400906002)
XXXXX XXXXX X XXX XXXX XXXXXXXXX XXXX
10/29/2015 - R
10/05/2015 - D
Mortgage
(2015101400906001)
XXXXX XXXXX X XXX XXXX XXXXXXXXX XXXX
08/25/2011 - R
08/09/2011 - D
Termination of Assign of L&R
(2011080900485002)
XXXXX XXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXX XXXX XXX
08/25/2011 - R
08/09/2011 - D
Satisfaction of Mortgage
(2011080900485001)
XXXXX XXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXX XXXX XXX
09/26/2008 - R
07/29/2008 - D
Deed
(2008091800651001)
XXXXX XXXXXXXX XXXXXXXXXX XXX XXXXX XXXXX X
12/17/2004 - R
12/06/2004 - D
Satisfaction of Mortgage
(2004121301829004)
XX XXX XXXX XXXXXX XXXXXXX
12/17/2004 - R
12/06/2004 - D
Assignment of Leases and Rents
(2004121301829003)
XXXXXXXX XXXXXXX XXXX XXX XXXXX XXXXXXXX XXXXXXXXXX XXX
12/17/2004 - R
12/06/2004 - D
Mortgage
(2004121301829002)
XXXXX XXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXX XXXX XXX
12/17/2004 - R
12/06/2004 - D
Deed
(2004121301829001)
XX XXX XXXX XXXXX XXXXXXXX XXXXXXXXXX XXX
05/21/1999 - R Assignment, Mortgage
(3470006611747)
XXXXXX XXXXXXXX XXXXXX XXX XXXX XXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 298 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
$10,045
Municipal exemptions
Recent tax assessments
Market value
$1,376,000
Assessed value
$619,200

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 $1,147,000 $516,150 $76,253 12.439% $9,485 $9,485 +7.47%
2024/25 $1,321,200 $594,540 $70,606 12.5% $8,826 $8,826 +7.98%
2023/24 $1,101,000 $495,450 $65,377 12.502% $8,173 $8,173 +7.26%
2022/23 $1,118,000 $503,100 $62,119 12.267% $7,620 $7,620 +0.26%
2021/22 $894,000 $402,300 $62,119 12.235% $7,600 $7,600 +5.62%
2020/21 $980,000 $441,000 $58,656 12.267% $7,195 $7,195 +6.21%
2019/20 $931,000 $418,950 $54,312 12.473% $6,774 $6,774 +6.81%
2018/19 $859,000 $386,550 $50,290 12.612% $6,343 $6,343 +4.36%
2017/18 $811,000 $364,950 $47,784 12.719% $6,078 $6,078 -1.34%
2016/17 $649,000 $292,050 $47,784 12.892% $6,160 $6,160 +5.98%

Permit information for 298 Palmetto Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
Palmetto St & Wycoff Ave at NE Corner
Station lines
L-M
Distance (miles)
0.241

Access the detailed traffic volume map for 298 Palmetto Street, Brooklyn, NY 11237 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 298 Palmetto Street, Brooklyn, NY 11237?

The development at 298 Palmetto Street, Brooklyn, NY 11237 was built in 1931.

What is the total square footage of 298 Palmetto Street, Brooklyn, NY 11237?

298 Palmetto Street, Brooklyn, NY 11237 has a total of 5,625 square feet.

When was 298 Palmetto Street, Brooklyn, NY 11237 last sold and what was the sale price?

298 Palmetto Street, Brooklyn, NY 11237 was last sold on 12/06/2004 for $440,000.

What is the assessed value of 298 Palmetto Street, Brooklyn, NY 11237?

298 Palmetto Street, Brooklyn, NY 11237 is currently assessed at $619,200.

What are the property taxes for 298 Palmetto Street, Brooklyn, NY 11237?

The property taxes for 298 Palmetto Street, Brooklyn, NY 11237 total $10,045.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

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