New York City  »  11423  »  Palermo St  »  8651 Palermo St

86-51 Palermo Street, Hollis, NY 11423 - Property report

Also known as: 86-51 Palermo St

Property image for 86-51 Palermo Street, Hollis, NY 11423
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Property type

One Story - Permanent Living Quarter (A2)

Year built

1960

Lot sq. ft.

4,914

General information

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Address
Primary address
86-51 Palermo Street
ZIP code
11423
Neighborhood
Jamaica Estates
Borough
Queens
Block & lot
10517-0052

Owner

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Building
Property type
One Story - Permanent Living Quarter (A2)
Building sq. ft.
1,584
Building dimensions
23 ft x 53 ft
Buildings on lot
1
Stories
1
Year built
1960
Building material
Frame
Exterior wall
Brick/Masonary
Basement
4
Garage type
Basement Garage
Tax
Tax year
2026-2027
Property tax
$9,610
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Palermo Street (narrow)
Keno Avenue (narrow)
Sancho Street (narrow)
Nearest wide street
Palo Alto Street
Distance to wide street
Lot dimensions
39 ft x 126 ft
Lot sq. ft.
4,914

Area overview

Walk score
35 /100.  Car-Dependent
Transit score
83 /100.  Excellent Transit
Bike score
40 /100.  Somewhat Bikeable
School district
26
Community district
8
Closest police station
1.43 Miles
Closest fire station
0.60 Miles

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

Ownership information for 86-51 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 86-51 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
01/04/1993 - R Satisfaction of Mortgage
(4170002907917)
XXXXXXXXXX XXXXXXXXXXX XXXXX XXXXXXXX XXXXXX
08/23/1985 - R Agreement
(4970002121997)
XXXXXXXX XX XXXXXXXXXX XXXXX
07/02/1975 - R Mortgage
(37540084300837)
XXXXXXXXXX XXXXXXX XXXXX XXXXXXXX XXXX XX
07/02/1975 - R Deed
(37540084300835)
XXXXXX XXXXX X XXXXXXX XXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 86-51 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
$9,610
Municipal exemptions
Recent tax assessments
Market value
$876,000
Assessed value
$52,560

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 $842,000 $50,520 $49,100 19.843% $10,025 $9,743 +2.38%
2024/25 $812,000 $48,720 $47,380 20.085% $9,785 $9,516 -4.02%
2023/24 $896,000 $53,760 $49,364 20.085% $10,196 $9,915 +5.14%
2022/23 $871,000 $52,260 $46,431 20.309% $9,726 $9,430 +7.99%
2021/22 $753,000 $45,180 $43,740 19.963% $9,019 $8,732 -8.12%
2020/21 $828,000 $49,680 $45,160 21.045% $9,801 $9,504 +0.65%
2019/20 $821,000 $49,260 $44,608 21.167% $9,739 $9,442 +3.78%
2018/19 $812,000 $48,720 $43,494 20.919% $9,404 $9,099 +6.29%
2017/18 $919,000 $55,140 $41,991 20.385% $8,860 $8,560 +8.17%
2016/17 $847,000 $50,820 $39,586 19.991% $8,223 $7,914 +8.71%

Permit information for 86-51 Palermo Street, Hollis, NY

No recently recorded permits 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

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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)
0.765

Access the detailed traffic volume map for 86-51 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. Is 178 Holliswood 5 Yes Public PK, K-8 513 0.40
P.S. Is 178 Holliswood 5 Yes Public PK, K-8 513 0.40
Summit School (The) NR No Private 0 0.29
The Wellspring Schools NR No Private PK-11 242 0.30
The Wellspring Schools NR No Private PK-11 242 0.30
Helping Hand Academy II NR No Private K-1 38 0.30
P.S. 35 Nathaniel Woodhull 5 No Public PK, K-5 571 0.50
P.S. 35 Nathaniel Woodhull 5 No Public PK, K-5 571 0.50
Wellspring Elementary & Middle NR No Private PK, K-8 0 0.51
The Bellaire School 4 No Public PK, K-5 746 0.74
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 216 George J Ryan 8 Yes Public 6-8 1,476 1.68
Summit School (The) NR No Private 0 0.29
The Wellspring Schools NR No Private PK-11 242 0.30
P.S. Is 178 Holliswood 5 No Public PK, K-8 513 0.40
Wellspring Elementary & Middle NR No Private PK, K-8 0 0.51
Is 238 Susan B Anthony 4 No Public 6-8 907 0.70
Yeshiva Ketana Of Queens NR No Private K-8 409 1.00
Holy Family School NR No Private PK-8 199 1.00
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Summit School (The) NR No Private 0 0.29
The Wellspring Schools NR No Private PK-11 242 0.30
Yeshiva University High School NR No Private 9-12 299 0.30
Cambria Heights Academy 4 No Public 9-12 350 0.63
The Mary Louis Academy NR No Private 9-12 760 1.13
Summit School NR No Private 3-12 276 1.13
Pathways College Preparatory School: A College Board School 6 No Public 6-12 643 1.43
High School For Community Leadership 7 No Public 9-12 468 1.46
Jamaica Gateway To The Sciences 7 No Public 9-12 491 1.47
Hillside Arts And Letters Academy 5 No Public 9-12 406 1.47

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

Frequently asked questions

What is the year built for 86-51 Palermo Street, Hollis, NY 11423?

The development at 86-51 Palermo Street, Hollis, NY 11423 was built in 1960.

What is the total square footage of 86-51 Palermo Street, Hollis, NY 11423?

86-51 Palermo Street, Hollis, NY 11423 has a total of 1,584 square feet.

What is the assessed value of 86-51 Palermo Street, Hollis, NY 11423?

86-51 Palermo Street, Hollis, NY 11423 is currently assessed at $52,560.

What are the property taxes for 86-51 Palermo Street, Hollis, NY 11423?

The property taxes for 86-51 Palermo Street, Hollis, NY 11423 total $9,609.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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