New York City  »  11423  »  Palermo St  »  8580 Palermo St

85-80 Palermo Street, Hollis, NY 11423 Property Information

85-80 Palermo Street, Hollis, NY 11423 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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85-80 Palermo Street, Hollis, NY 11423 2
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Address

Primary address 85-80 Palermo Street
Secondary address 85-80 Garage Palermo St
Neighborhood Jamaica Estates
Zip code 11423
Borough Queens
Block & lot 10505-0031

Sales & Tax Overview for 85-80 Palermo Street, Hollis

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

Purchase date 01/16/2017
Purchase price $1,050,000
Tax class
Estimated property tax $13,034

Lot & Building Information for 85-80 Palermo Street, Hollis

Lot sqft 7,315
Lot dimensions 53.17 ft x 137.58 ft
Building class Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)
Building sqft 2,040
Building dimensions 30 ft x 34 ft
Buildings on lot 2
Stories 2
Structure type Conventional
Building material Frame
Exterior wall Combination
Basement type Full
Garage type Detached, frame garage
Year built 1930
Frontage(s) Palermo Street (narrow)
Palermo Street (wide)
Palo Alto Street (wide)
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Zoning & Use for 85-80 Palermo Street, Hollis

Zoning
Residential units (DOF) 1
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 26
Community district 8
Closest police station 1.40 Miles
Closest fire station 0.75 Miles

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

Other Property Data for 85-80 Palermo Street, Hollis

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Floor area ratio (FAR) for 85-80 Palermo Street, Hollis, NY 11423, 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 85-80 Palermo Street, Hollis, NY 11423, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 85-80 Garage Palermo St, Hollis, NY 11423

About 85-80 Palermo Street, Hollis

What is the year built & the total sq. ft. for 85-80 Palermo Street, Hollis, NY 11423?

85-80 Palermo Street, Hollis, NY 11423 was built in 1930 and has a total of 2,040 square feet.

What is the assessed value of 85-80 Palermo Street, Hollis, NY 11423 and the property tax paid?

Assessed at $78,660, the tax amount paid for 85-80 Palermo Street, Hollis, NY 11423 is $12,297. For the next year, the tax amount for 85-80 Palermo Street, Hollis, NY 11423 is estimated at $13,034.

When was 85-80 Palermo Street, Hollis, NY 11423 last sold and what was the last sale price?

85-80 Palermo Street, Hollis, NY 11423 was last sold in 01/16/2017 for $1,050,000.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 85-80 Palermo Street, Hollis

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Property owner name for 85-80 Palermo Street, Hollis, NY 11423
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Building contacts for 85-80 Palermo Street, Hollis, NY 11423
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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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.
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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 85-80 Palermo Street, Hollis

Create a free account to view the complete sales history for 85-80 Palermo Street, Hollis, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/16/2017 $1,050,000
07/23/2003 $475,000
       
       
       
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Title Documents for 85-80 Palermo Street, Hollis

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
02/09/2017 - D
02/13/2017 - R
Satisfaction of Mortgage
(2017021000939001)
01/16/2017 - D
01/26/2017 - R
Deed
(2017012501521001)
02/16/2016 - D
02/24/2016 - R
Assignment, Mortgage
(2016021602690001)
04/30/2011 - D
06/01/2011 - R
Agreement
(2011052600859003)
04/30/2011 - D
06/01/2011 - R
Mortgage
(2011052600859002)
02/28/2011 - D
06/01/2011 - R
Assignment, Mortgage
(2011052600859001)
09/14/2006 - D
10/11/2006 - R
Satisfaction of Mortgage
(2006092601079001)
07/23/2003 - D
09/23/2003 - R
Mortgage
(2003080101595002)
07/23/2003 - D
09/23/2003 - R
Deed
(2003080101595001)
07/18/2003 - D
09/23/2003 - R
Mortgage
(2003080101595003)
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R: Recorded date
D: Document date

Property Taxes for 85-80 Palermo Street, Hollis

Access detailed property tax data for 85-80 Palermo Street, Hollis, NY 11423. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $12,297
Estimated property tax: $13,034
Tax assessor's market value: $1,311,000
Assessed value: $78,660

Assessment History for 85-80 Palermo Street, Hollis

Here's the assessment & property tax history for 85-80 Palermo Street, Hollis, 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 $1,311,000 $78,660 $61,972 19.843% $12,297 $12,297 +4.72%
2024/25 $1,094,000 $65,640 $58,464 20.085% $11,742 $11,742 0.00%
2023/24 $1,141,000 $68,460 $58,464 20.085% $11,742 $11,742 -0.36%
2022/23 $987,000 $59,220 $58,027 20.309% $11,785 $11,785 +7.84%
2021/22 $1,033,000 $61,980 $54,742 19.963% $10,928 $10,928 +0.55%

Permits for 85-80 Palermo Street, Hollis

The complete history of permits filed for 85-80 Palermo Street, Hollis, 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
06/29/2007 Alteration type 2
09/25/2003 Alteration type 1
         
         
         
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Jamaica Estates Residential Market Stats

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

Median Sale Price
$426,500
14.5% YoY
Median Price/Sqft
$818
37.8% YoY
Queens Median Sale Price
$613,000
6.2% YoY

Check out recently sold homes in Queens and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Midland Pkwy & Hillside Ave at NE Corner
Station lines F
Distance (miles) 0.744
View subway map
Bus Routes
Name 188 St/McLaughlin Av
Line Q17
Distance (miles) 0.148

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. Is 178 Holliswood 5 Yes Public PK, K-8 513 0.25
P.S. Is 178 Holliswood 5 Yes Public PK, K-8 513 0.25
Summit School (The) NR No Private 0 0.17
The Wellspring Schools NR No Private PK-11 242 0.44
The Wellspring Schools NR No Private PK-11 242 0.44

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 216 George J Ryan 8 Yes Public 6-8 1,476 1.53
Summit School (The) NR No Private 0 0.17
P.S. Is 178 Holliswood 5 No Public PK, K-8 513 0.25
The Wellspring Schools NR No Private PK-11 242 0.44
Wellspring Elementary & Middle NR No Private PK, K-8 0 0.63

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Summit School (The) NR No Private 0 0.17
The Wellspring Schools NR No Private PK-11 242 0.44
Yeshiva University High School NR No Private 9-12 299 0.44
Cambria Heights Academy 4 No Public 9-12 350 0.73
Summit School NR No Private 3-12 276 1.05

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

Neighbors for 85-80 Palermo Street, Hollis

Here are the neighbors for 85-80 Palermo Street, Hollis, NY 11423.

Address Square feet Purchase date Purchase price
86-23 Santiago St, Hollis 2,222 10/30/2024 $1,275,000
85-88 Palermo St, Hollis 2,847 12/05/2007 $942,500
86-05 Santiago St, Hollis 1,878 07/22/2025
85-19 Palo Alto St, Hollis 3,295 08/31/2015 $910,000
191-16 MC Laughlin Ave, Hollis 2,788 01/05/2022
86-01 Santiago St, Hollis 3,815 05/29/2024 $1,800,000
86-09 Santiago St, Hollis 2,251 03/22/2018 $890,000
85-96 Palermo St, Hollis 2,180 09/21/2001
190-19 Nero Ave, Hollis 1,944 08/05/2009 $700,000
190-14 MC Laughlin Ave, Hollis 4,275 03/08/2005 $1,465,000
190-04 MC Laughlin Ave, Hollis 3,560 11/04/2014 $1,490,000
85-05 Palo Alto St, Hollis 4,207 11/01/1995
190-22 MC Laughlin Ave, Hollis 1,094 11/18/2009 $705,000
190-49 Nero Ave, Hollis 2,717 06/22/2016 $910,000
190-15 Nero Ave, Hollis 2,074 03/26/1998
191-05 Nero Ave, Hollis 2,683 02/27/2024
85-11 Palo Alto St, Hollis 3,218 07/20/2016 $1,510,000
85-74 Palermo St, Hollis 1,860 06/02/1994
85-25 Palo Alto St, Hollis 1,768 08/01/2013
190-25 Nero Ave, Hollis 1,200 10/25/2023 $1,200,000
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