New York City  »  11423  »  Palermo St  »  8730 Palermo St

87-30 Palermo Street, Hollis, NY 11423 Property Information

87-30 Palermo Street, Hollis, NY 11423 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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87-30 Palermo Street, Hollis, NY 11423 2
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Address

Primary address 87-30 Palermo Street
Neighborhood Jamaica Estates
Zip code 11423
Borough Queens
Block & lot 10516-0077

Sales & Tax Overview for 87-30 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 09/13/2018
Purchase price $1,140,000
Tax class
Estimated property tax $12,495

Lot & Building Information for 87-30 Palermo Street, Hollis

Lot sq. ft. 4,140
Lot dimensions 90 ft x 46 ft
Property type Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)
Building sqft 2,224
Building dimensions 37 ft x 46 ft
Buildings on lot 1
Stories 2
Structure type Conventional
Building material Frame
Exterior wall Wood
Basement type Full
Garage type Basement garage
Year built 1950
Frontage(s) Palermo Street (narrow)
Palo Alto Avenue (narrow)
Palo Alto Street (wide)
2010 CB Boundary (narrow)
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Zoning & Use for 87-30 Palermo Street, Hollis

Zoning
Residential units (DOF) 1
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 29
Community district 8
Closest police station 1.34 Miles
Closest fire station 0.48 Miles

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

Other Property Data for 87-30 Palermo Street, Hollis

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Floor area ratio (FAR) for 87-30 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 87-30 Palermo Street, Hollis, NY 11423, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 87-30 Palermo Street, Hollis

What is the year built & the total sq. ft. for 87-30 Palermo Street, Hollis, NY 11423?

87-30 Palermo Street, Hollis, NY 11423 was built in 1950 and has a total of 2,224 square feet.

What is the assessed value of 87-30 Palermo Street, Hollis, NY 11423 and the property tax paid?

Assessed at $72,780, the tax amount paid for 87-30 Palermo Street, Hollis, NY 11423 is $11,788. For the next year, the tax amount for 87-30 Palermo Street, Hollis, NY 11423 is estimated at $12,495.

When was 87-30 Palermo Street, Hollis, NY 11423 last sold and what was the last sale price?

87-30 Palermo Street, Hollis, NY 11423 was last sold in 09/13/2018 for $1,140,000.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 87-30 Palermo Street, Hollis

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Property owner name for 87-30 Palermo Street, Hollis, NY 11423
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Building contacts for 87-30 Palermo Street, Hollis, NY 11423
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 87-30 Palermo Street, Hollis

Create a free account to view the complete sales history for 87-30 Palermo Street, Hollis, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
09/13/2018 $1,140,000
01/18/2005 $40,000
       
       
       
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Title Documents for 87-30 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
09/13/2018 - D
09/25/2018 - R
Mortgage
(2018092401058002)
09/13/2018 - D
09/25/2018 - R
Deed
(2018092401058001)
09/08/2017 - D
11/02/2017 - R
Deed
(2017101101059001)
01/18/2005 - D
09/05/2017 - R
Deed
(2017052401627001)
01/20/1995 - R Satisfaction of Mortgage
(4250004607825)
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R: Recorded date
D: Document date

Property Taxes for 87-30 Palermo Street, Hollis

Access detailed property tax data for 87-30 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: $11,788
Estimated property tax: $12,495
Tax assessor's market value: $1,213,000
Assessed value: $72,780

Assessment History for 87-30 Palermo Street, Hollis

Here's the assessment & property tax history for 87-30 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 $1,213,000 $72,780 $59,408 19.843% $11,788 $11,788 +2.77%
2024/25 $1,012,000 $60,720 $57,110 20.085% $11,471 $11,471 0.00%
2023/24 $1,186,000 $71,160 $57,110 20.085% $11,471 $11,471 +1.54%
2022/23 $1,000,000 $60,000 $55,624 20.309% $11,297 $11,297 +7.83%
2021/22 $973,000 $58,380 $52,476 19.963% $10,476 $10,476 +0.55%

Permits for 87-30 Palermo Street, Hollis

The complete history of permits filed for 87-30 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.

No recorded permits for this property.

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
$504,950
-9.8% YoY
Median Price/Sqft
$626
14.5% YoY
Queens Median Sale Price
$605,859
3.6% 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) 0.668
View subway map
Bus Routes
Name Hillside Av/193 St
Line Q1
Distance (miles) 0.134

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 35 Nathaniel Woodhull 5 Yes Public PK, K-5 571 0.33
P.S. 35 Nathaniel Woodhull 5 Yes Public PK, K-5 571 0.33
The Wellspring Schools NR No Private PK-11 242 0.17
The Wellspring Schools NR No Private PK-11 242 0.17
Helping Hand Academy II NR No Private K-1 38 0.17

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Is 238 Susan B Anthony 4 Yes Public 6-8 907 0.58
The Wellspring Schools NR No Private PK-11 242 0.17
Wellspring Elementary & Middle NR No Private PK, K-8 0 0.34
Summit School (The) NR No Private 0 0.38
P.S. Is 178 Holliswood 5 No Public PK, K-8 513 0.54

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Yeshiva University High School NR No Private 9-12 299 0.17
The Wellspring Schools NR No Private PK-11 242 0.17
Summit School (The) NR No Private 0 0.38
Cambria Heights Academy 4 No Public 9-12 350 0.45
Summit School NR No Private 3-12 276 1.10

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

Neighbors for 87-30 Palermo Street, Hollis

Here are the neighbors for 87-30 Palermo Street, Hollis, NY 11423.

Address Square feet Purchase date Purchase price
87-02 Palermo St, Hollis 3,788 01/29/2025 $2,500,000
86-56 Palermo St, Hollis 6,662 08/29/1978
87-21 Palo Alto St, Hollis 3,308 01/30/2004 $740,000
86-69 Palo Alto St, Hollis 3,168 07/30/2021
86-36 Palermo St, Hollis 7,440 03/04/2015 $830,000
86-75 Palo Alto St, Hollis 3,716 09/23/2013 $750,000
86-74 Palermo St, Hollis 2,144 07/23/2024 $2,190,000
86-51 Palo Alto St, Hollis 1,476 06/25/2003
86-82 Palermo St, Hollis 2,168 02/07/1997
86-79 Palo Alto St, Hollis 2,310 12/09/2025
86-90 Palermo St, Hollis 8,600 12/28/2021 $578,500
86-85 Palo Alto St, Hollis 2,600 06/16/2003
86-33 Palo Alto St, Hollis 2,587 12/28/2005
87-22 Palermo St, Hollis 2,224 07/11/2025
86-70 Palermo St, Hollis 1,508 05/14/1974
86-71 Palo Alto St, Hollis 4,958 07/07/2010 $999,999
86-55 Palo Alto St, Hollis 2,227 03/31/2015
87-16 Palermo St, Hollis 2,224 07/23/2019 $520,000
86-66 Palermo St, Hollis 1,768 07/31/2003 $712,000
86-67 Palo Alto St, Hollis 3,980 09/13/2004 $865,000
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