| Primary address | 242 Palmetto Street |
| Neighborhood | Bushwick |
| Zip code | 11221 |
| Borough | Brooklyn |
| Block & lot | 03352-0013 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 01/29/2025 |
| Purchase price | $1,750,000 |
| Tax class | Register |
| Estimated property tax | $9,997 |
| Lot sqft | 2,000 |
| Lot dimensions | |
| Building class | Three Families (C0) |
| Building sqft | 3,240 |
| Building dimensions | |
| Buildings on lot | 1 |
| Stories | 3 |
| Structure type | Conventional |
| Building material | Brick |
| Exterior wall | Brick/masonry |
| Basement type | Full |
| Year built | 2008 |
| Frontage(s) | Palmetto Street (narrow) |
| Nearest wide street | Myrtle Avenue |
| Distance to wide street | Register |
| School district | 32 |
| Community district | 4 |
| Closest police station | 0.21 Miles |
| Closest fire station | 0.06 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
242 Palmetto Street, Brooklyn, NY 11221 was built in 2008 and has a total of 3,240 square feet.
What is the assessed value of 242 Palmetto Street, Brooklyn, NY 11221 and the property tax paid?Assessed at $76,200, the tax amount paid for 242 Palmetto Street, Brooklyn, NY 11221 is $9,431. For the next year, the tax amount for 242 Palmetto Street, Brooklyn, NY 11221 is estimated at $9,997.
When was 242 Palmetto Street, Brooklyn, NY 11221 last sold and what was the last sale price?242 Palmetto Street, Brooklyn, NY 11221 was last sold in 01/29/2025 for $1,750,000.
How many residential units does this building have?This building has 3 residential unit(s).
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 242 Palmetto Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
*Here are the three most recent sales for this property.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 242 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: | $9,432 |
| Estimated property tax: | $9,997 |
| Tax assessor's market value: | $1,270,000 |
| Assessed value: | $76,200 |
Here's the assessment & property tax history for 242 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 | $1,270,000 | $76,200 | $47,532 | 19.843% | $9,432 | $9,432 | +4.72% |
| 2024/25 | $1,219,000 | $73,140 | $44,842 | 20.085% | $9,007 | $9,007 | +4.43% |
| 2023/24 | $1,332,000 | $79,920 | $42,941 | 20.085% | $8,625 | $8,625 | -1.10% |
| 2022/23 | $1,237,000 | $74,220 | $42,941 | 20.309% | $8,721 | $8,721 | +4.04% |
| 2021/22 | $1,088,000 | $65,280 | $41,986 | 19.963% | $8,382 | $8,382 | +0.55% |
The complete history of permits filed for 242 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.
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.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Myrtle Ave & Greene Ave at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.308 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Wilson Av/Woodbine St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.052 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| P.S. 377 Alejandina B De Gautier | 2 | Yes | Public | PK, K-5 | 173 | 0.11 |
| P.S. 377 Alejandina B De Gautier | 2 | Yes | Public | PK, K-5 | 173 | 0.11 |
| Achievement First North Brooklyn Prep Charter School | 7 | No | Charter | K-8 | 851 | 0.11 |
| P.S. 106 Edward Everett Hale | 2 | No | Public | PK, K-5 | 356 | 0.16 |
| P.S. 106 Edward Everett Hale | 2 | No | Public | PK, K-5 | 356 | 0.16 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Jhs 291 Roland Hayes | 3 | Yes | Public | 6-8 | 267 | 0.02 |
| Achievement First North Brooklyn Prep Charter School | 7 | No | Charter | K-8 | 851 | 0.11 |
| All City Leadership Secondary School | 8 | No | Public | 6-12 | 421 | 0.18 |
| Jhs 383 Philippa Schuyler | 7 | No | Public | 5-8 | 822 | 0.29 |
| Achievement First Bushwick Charter School | 7 | No | Charter | K-8 | 938 | 0.29 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Math, Eng, Science Academy Charter High | 5 | No | Charter | 9-12 | 515 | 0.02 |
| Bushwick Community High School | 2 | No | Public | 9-12 | 86 | 0.02 |
| Academy for Environmental Leadership | 2 | No | Public | 9-12 | 275 | 0.17 |
| Bushwick School for Social Justice | 2 | No | Public | 9-12 | 272 | 0.17 |
| Academy Of Urban Planning | 5 | No | Public | 9-12 | 403 | 0.17 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 242 Palmetto Street, Brooklyn, NY 11221.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 312 Palmetto St, Brooklyn | 2,766 | 02/20/2015 | |
| 314 Palmetto St, Brooklyn | 2,766 | ||
| 289 Palmetto St, Brooklyn | 2,766 | 12/12/2024 | $10 |
| 301 Palmetto St, Brooklyn | 2,766 | 04/18/2025 | |
| 308 Palmetto St, Brooklyn | 2,766 | ||
| 310 Palmetto St, Brooklyn | 2,766 | 03/10/2008 | |
| 135 Woodbine St, Brooklyn | 9,290 | 12/22/2023 | |
| 518 A Evergreen Ave, Brooklyn | 2,520 | 07/01/2022 | |
| 303 Palmetto St, Brooklyn | 2,766 | ||
| 1099 Madison St, Brooklyn | 2,760 | 06/19/2013 | $545,000 |
| 293-295 Palmetto St, Brooklyn | 2,766 | ||
| 297 Palmetto St, Brooklyn | 2,766 | 08/28/2007 | $570,000 |
| 299 Palmetto St, Brooklyn | 2,766 | ||
| 306 Palmetto St, Brooklyn | 2,766 | ||
| 316 Palmetto St, Brooklyn | 2,766 | ||
| 318 Palmetto St, Brooklyn | 2,766 | ||
| 234 Palmetto St, Brooklyn | 1,960 | 08/18/2023 | $1,199,000 |
| 26 A Woodbine St, Brooklyn | 3,300 | 05/03/2022 | |
| 1546 Myrtle Ave, Brooklyn | 2,500 | 03/16/2017 | $1,980,000 |
| 291 Palmetto St, Brooklyn | 2,766 | 05/11/2022 | $1,250,000 |
