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59 Palmetto Street, Brooklyn, NY 11221 Property Information

59 Palmetto Street, Brooklyn, NY 11221 Property Information

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

Primary address 59 Palmetto Street
Neighborhood Bushwick
Zip code 11221
Borough Brooklyn
Block & lot 03340-0144

Sales & Tax Overview for 59 Palmetto Street, Brooklyn

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

Purchase date 04/10/2006
Purchase price $286,460
Tax class
Estimated property tax $8,386

Lot & Building Information for 59 Palmetto Street, Brooklyn

Lot sq. ft. 2,284
Lot dimensions 22.84 ft x 100 ft
Property type Two Family Brick (B1)
Building sqft 1,622
Building dimensions 22.84 ft x 35.5 ft
Buildings on lot 1
Stories 2
Structure type Row
Building material Frame
Exterior wall Brick/masonry
Basement type Full
Year built 2005
Frontage(s) Palmetto Street (narrow)
Nearest wide street Bushwick Avenue
Distance to wide street
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Zoning & Use for 59 Palmetto Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 32
Community district 4

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

Other Property Data for 59 Palmetto Street, Brooklyn

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Floor area ratio (FAR) for 59 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 59 Palmetto Street, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 59 Palmetto Street, Brooklyn

What is the year built & the total sq. ft. for 59 Palmetto Street, Brooklyn, NY 11221?

59 Palmetto Street, Brooklyn, NY 11221 was built in 2005 and has a total of 1,622 square feet.

What is the assessed value of 59 Palmetto Street, Brooklyn, NY 11221 and the property tax paid?

Assessed at $49,320, the tax amount paid for 59 Palmetto Street, Brooklyn, NY 11221 is $7,296. For the next year, the tax amount for 59 Palmetto Street, Brooklyn, NY 11221 is estimated at $8,386.

When was 59 Palmetto Street, Brooklyn, NY 11221 last sold and what was the last sale price?

59 Palmetto Street, Brooklyn, NY 11221 was last sold in 04/10/2006 for $286,460.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 59 Palmetto Street, Brooklyn

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Property owner name for 59 Palmetto Street, Brooklyn, NY 11221
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Building contacts for 59 Palmetto Street, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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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 59 Palmetto Street, Brooklyn

Create a free account to view the complete sales history for 59 Palmetto Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/10/2006 $286,460

Title Documents for 59 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
07/23/2025 - D
07/31/2025 - R
Satisfaction of Mortgage
(2025072500541001)
01/02/2020 - D
01/16/2020 - R
Mortgage
(2020011301247001)
10/04/2016 - D
10/13/2016 - R
Satisfaction of Mortgage
(2016100400277001)
08/26/2016 - D
09/20/2016 - R
Mortgage
(2016091900703001)
08/24/2016 - D
09/20/2016 - R
Subordination of Mortgage
(2016091900703002)
04/10/2006 - D
05/15/2006 - R
Assignment, Mortgage
(2006041101816004)
04/10/2006 - D
05/15/2006 - R
Mortgage
(2006041101816003)
04/10/2006 - D
05/15/2006 - R
Mortgage
(2006041101816002)
04/10/2006 - D
05/15/2006 - R
Deed
(2006041101816001)
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R: Recorded date
D: Document date

Property Taxes for 59 Palmetto Street, Brooklyn

Access detailed property tax data for 59 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: $7,296
Estimated property tax: $8,386
Tax assessor's market value: $822,000
Assessed value: $49,320
Exemptions granted by city:

Assessment History for 59 Palmetto Street, Brooklyn

Here's the assessment & property tax history for 59 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 $822,000 $49,320 $36,769 19.843% $8,178 $7,296 +15.35%
2024/25 $967,000 $58,020 $31,493 20.085% $7,809 $6,325 +10.86%
2023/24 $1,183,000 $70,980 $28,409 20.085% $7,809 $5,706 +9.17%
2022/23 $1,004,000 $60,240 $25,736 20.309% $7,837 $5,227 +20.38%
2021/22 $960,000 $57,600 $21,748 19.963% $7,267 $4,342 +19.26%

Permits for 59 Palmetto Street, Brooklyn

The complete history of permits filed for 59 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.

Filing date Job type Job status Job description Initial cost
05/04/2005 New building
11/20/2000 New building
11/20/2000 New building
05/17/2000 New building
         
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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) 0.184
View subway map
Bus Routes
Name Gates Av/Bushwick Av
Line B52
Distance (miles) 0.034

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 299 Thomas Warren Field School 3 Yes Public PK, K-5 197 0.11
P.S. 299 Thomas Warren Field School 3 Yes Public PK, K-5 197 0.11
P.S. 75 Mayda Cortiella 3 No Public PK, K-5 215 0.19
P.S. 75 Mayda Cortiella 3 No Public PK, K-5 215 0.19
Brooklyn Excelsior Charter School 6 No Charter K-8 610 0.28

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 0.40
Brooklyn Excelsior Charter School 6 No Charter K-8 610 0.28
Excellence Girls Charter School 5 No Charter K-12 1,050 0.31
Achievement First North Brooklyn Prep Charter School 7 No Charter K-8 851 0.32
Charles Churn Christian Academy NR No Private PK, K-12 0 0.33

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Brooklyn High School Law And Tech 3 No Public 9-12 549 0.19
Excellence Girls Charter School 5 No Charter K-12 1,050 0.31
Charles Churn Christian Academy NR No Private PK, K-12 0 0.33
Bushwick Community High School 2 No Public 9-12 86 0.40
Math, Eng, Science Academy Charter High 5 No Charter 9-12 515 0.40

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

Neighbors for 59 Palmetto Street, Brooklyn

Here are the neighbors for 59 Palmetto Street, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
1416 Greene Ave, Brooklyn 2,700 05/11/2006 $750,000
238 Berriman St, Brooklyn 2,678 05/04/2006 $361,601
240 Berriman St, Brooklyn 2,726 05/04/2006 $365,000
149 Jefferson Ave, Brooklyn 3,300 05/15/2006 $350,809
354 Amboy St, Brooklyn 2,350 03/20/2024
772 Lincoln Ave, Brooklyn 2,532 03/15/2006 $625,000
1178 E 93rd St, Brooklyn 2,050 05/05/2006 $717,866
159 Jefferson Ave, Brooklyn 3,225 12/08/2006
175 Moffat St, Brooklyn 2,751 06/10/2014 $667,000
204 Lexington Ave, Brooklyn 2,958 03/22/2006 $361,511
61 Palmetto St, Brooklyn 1,622 05/02/2006 $286,460
341 Clifton Pl, Brooklyn 2,883 09/01/2020
2258 Pacific St, Brooklyn 3,678 01/15/2024
196 Highland Pl, Brooklyn 2,517 08/08/2017 $835,000
794 Glenmore Ave, Brooklyn 2,922 04/11/2006 $453,178
23 Durland Pl, Brooklyn 2,025 11/25/2024
1047 Dekalb Ave, Brooklyn 2,131 05/05/2006 $615,000
512 Linwood St, Brooklyn 2,970 02/24/2020
134 Jefferson Ave, Brooklyn 2,700 03/22/2006 $345,789
1345 E 70th St, Brooklyn 2,324
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