New York City  »  11423  »  Palermo St  »  8722 Palermo St

87-22 Palermo Street, Hollis, NY 11423 - Property report

Also known as: 87-22 Palermo St

Property image for 87-22 Palermo Street, Hollis, NY 11423
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Property type

Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)

Year built

1950

Lot sq. ft.

5,439

General information

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Address
Primary address
87-22 Palermo Street
ZIP code
11423
Neighborhood
Jamaica Estates
Borough
Queens
Block & lot
10516-0065

Owner

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Building
Property type
Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)
Building sq. ft.
2,224
Building dimensions
37 ft x 46 ft
Buildings on lot
1
Stories
2
Year built
1950
Building material
Frame
Exterior wall
Wood
Basement
4
Garage type
Basement Garage
Tax
Tax year
2026-2027
Property tax
$12,608
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
1
Residential sq. ft.
Lot
Frontage(s)
Palermo Street (narrow)
Palo Alto Avenue (narrow)
Palo Alto Street (wide)
Lot dimensions
49 ft x 111 ft
Lot sq. ft.
5,439

Area overview

Walk score
52 /100.  Somewhat Walkable
Transit score
87 /100.  Excellent Transit
Bike score
40 /100.  Somewhat Bikeable
School district
29
Community district
8
Closest police station
1.34 Miles
Closest fire station
0.49 Miles

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

Ownership information for 87-22 Palermo Street, Hollis, NY

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

Sales history for 87-22 Palermo Street, Hollis, NY 11423

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/04/2025 - R
07/11/2025 - D
Deed
(2025073000477001)
XXXXX XXXXXXXX XXXXXX XXXXXX XXXXXXXXXX
02/26/2025 - R Initial UCC1
(2025022600087001)
XXXXX XXXXX XXXXXX XXX
02/14/2024 - R Initial UCC1
(2024021200353001)
XXXXX XXXXX XXXXXXXXXX XXXXXXX XXXXXXX XXX
08/31/2017 - R Initial UCC1
(2017083001412005)
XXXXX XXXXX XXXXXX XXX
04/10/2017 - R
04/06/2017 - D
Satisfaction of Mortgage
(2017041000006001)
XXXXX XXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX (XXX)
01/06/2017 - R
12/12/2016 - D
Assignment, Mortgage
(2017010501836001)
XXXX XXXX XXX X X XXXXXXXXXX XXXXXXXX XXX
06/24/2011 - R
06/15/2011 - D
Assignment, Mortgage
(2011061500074001)
XXXX XXXXXXXX XXXXXXXXXXX (XXX) XXXX XXXX XXX X X
07/31/2002 - R Assignment, Mortgage
(4920008868592)
XXXXXXXXXX XXXX XXXX XXXXXXXX XXXX XXX
07/31/2002 - R Mortgage
(4720008868772)
XXXXX XXXXXXXX XXXX XXXXXXXX XXXX XXX
07/31/2002 - R Agreement
(4230008868623)
XXXX XXXXXXXX XXXX XXX XXXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 87-22 Palermo Street, Hollis, 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
$12,608
Municipal exemptions
Recent tax assessments
Market value
$1,344,000
Assessed value
$80,640

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 $1,276,000 $76,560 $61,616 19.843% $12,226 $12,226 +4.72%
2024/25 $1,065,000 $63,900 $58,129 20.085% $11,675 $11,675 +6.00%
2023/24 $1,064,000 $63,840 $54,840 20.085% $11,015 $11,015 +2.43%
2022/23 $886,000 $53,160 $52,950 20.309% $10,754 $10,754 +1.74%
2021/22 $937,000 $56,220 $52,950 19.963% $10,570 $10,570 -2.18%
2020/21 $1,004,000 $60,240 $51,347 21.045% $10,806 $10,806 +5.39%
2019/20 $934,000 $56,040 $48,441 21.167% $10,254 $10,254 +7.25%
2018/19 $979,000 $58,740 $45,700 20.919% $9,560 $9,560 +6.28%
2017/18 $904,000 $54,240 $44,125 20.385% $8,995 $8,995 +1.97%
2016/17 $899,000 $53,940 $44,125 19.991% $8,821 $8,821 +5.43%

Permit information for 87-22 Palermo Street, Hollis, NY

Filing date Job type Job status Job description Initial cost
09/07/2016 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Jamaica Estates, Holliswood residential market stats

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

Median sale price

Median price/sq. ft.

Queens median sale price

$595,000

1.7% Y-o-Y

Check out recently sold homes in Queens 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
Midland Pkwy & Hillside Ave at NE Corner
Station lines
F
Distance (miles)
0.668

Access the detailed traffic volume map for 87-22 Palermo Street, Hollis, NY 11423 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 35 Nathaniel Woodhull 5 Yes Public PK, K-5 571 0.34
P.S. 35 Nathaniel Woodhull 5 Yes Public PK, K-5 571 0.34
The Wellspring Schools NR No Private PK-11 242 0.18
The Wellspring Schools NR No Private PK-11 242 0.18
Helping Hand Academy II NR No Private K-1 38 0.18
Wellspring Elementary & Middle NR No Private PK, K-8 0 0.35
Wellspring Elementary & Middle NR No Private PK, K-8 0 0.35
P.S. Is 178 Holliswood 5 No Public PK, K-8 513 0.53
P.S. Is 178 Holliswood 5 No Public PK, K-8 513 0.53
The Bellaire School 4 No Public PK, K-5 746 0.75
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Is 238 Susan B Anthony 4 Yes Public 6-8 907 0.59
The Wellspring Schools NR No Private PK-11 242 0.18
Wellspring Elementary & Middle NR No Private PK, K-8 0 0.35
Summit School (The) NR No Private 0 0.36
P.S. Is 178 Holliswood 5 No Public PK, K-8 513 0.53
P.S. Is 268 4 No Public K-8 638 1.04
Summit School NR No Private 3-12 276 1.10
Ideal Montessori School NR No Private PK-8 131 1.10
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
The Wellspring Schools NR No Private PK-11 242 0.18
Yeshiva University High School NR No Private 9-12 299 0.18
Summit School (The) NR No Private 0 0.36
Cambria Heights Academy 4 No Public 9-12 350 0.46
Summit School NR No Private 3-12 276 1.10
The Mary Louis Academy NR No Private 9-12 760 1.10
Pathways College Preparatory School: A College Board School 6 No Public 6-12 643 1.31
High School For Community Leadership 7 No Public 9-12 468 1.43
Queens Collegiate A College Board School 5 No Public 6-12 643 1.44
Jamaica Gateway To The Sciences 7 No Public 9-12 491 1.44

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 87-22 Palermo Street, Hollis, NY 11423?

The development at 87-22 Palermo Street, Hollis, NY 11423 was built in 1950.

What is the total square footage of 87-22 Palermo Street, Hollis, NY 11423?

87-22 Palermo Street, Hollis, NY 11423 has a total of 2,224 square feet.

What is the assessed value of 87-22 Palermo Street, Hollis, NY 11423?

87-22 Palermo Street, Hollis, NY 11423 is currently assessed at $80,640.

What are the property taxes for 87-22 Palermo Street, Hollis, NY 11423?

The property taxes for 87-22 Palermo Street, Hollis, NY 11423 total $12,608.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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