New York City  »  11221  »  Palmetto St  »  85 Palmetto St

Palmetto Gardens - 85 Palmetto Street, Brooklyn, NY 11221 - Property report

Also known as: 85 Palmetto St

Property image for Palmetto Gardens - 85 Palmetto Street, Brooklyn, NY 11221
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1980

Lot sq. ft.

27,750

General information

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Address
Building name
Palmetto Gardens
Primary address
Palmetto Gardens - 85 Palmetto Street
Alternate address(es)
87 Palmetto St
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03340-0020

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
77,160
Building dimensions
238 ft x 54 ft
Buildings on lot
1
Stories
6
Year built
1980
Last altered
2019
Building material
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
115
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
32.58 ft x 101 ft
Lot sq. ft.
27,750

Area overview

Walk score
84 /100.  Very Walkable
Transit score
99 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.26 Miles
Closest fire station
0.38 Miles

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Ownership information for Palmetto Gardens - 85 Palmetto Street, Brooklyn, NY

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

Sales history for Palmetto Gardens - 85 Palmetto Street, Brooklyn, NY 11221

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/08/2024 - R Initial UCC1
(2024030700669005)
XXXX XXXXXXX X XXX XXX XXXX XXXX XXXXXXX XXXXXXXXX
03/08/2024 - R Initial UCC1
(2024030700669004)
XXXX XXXXXXX X XXX XXX XXXX XXXX XXXXXXX XXXXXXXXX
03/08/2024 - R
02/29/2024 - D
Agreement
(2024030700669003)
XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXXX XXXXXXX XXXXXXXXX
03/08/2024 - R
02/29/2024 - D
Mortgage
(2024030700669002)
XXXX XXXXXXX X XXX XXX XXXX XXXX XXXXXXX XXXXXXXXX
03/08/2024 - R
02/29/2024 - D
Mortgage
(2024030700669001)
XXXX XXXXXXX X XXX XXX XXXX XXXX XXXXXXX XXXXXXXXX
07/05/2022 - R UCC3 Termination
(2022070500189001)
XXXX XXXXXXX X XXX XXX XXXX XXXXX XXXXXXX XXXXXX
07/14/2022 - R
06/29/2022 - D
Sundry Agreement
(2022070500174006)
XXXX XXXXXXX X XXX XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX
07/14/2022 - R
06/29/2022 - D
Subordination of Mortgage
(2022070500174005)
XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXXX XXXXXXX XXXXXXXXX
07/14/2022 - R
06/29/2022 - D
Mortgage
(2022070500174004)
XXXX XXXXXXX X XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
07/14/2022 - R
06/29/2022 - D
Mortgage
(2022070500174002)
XXXX XXXXXXX X XXX XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Palmetto Gardens - 85 Palmetto Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Municipal exemptions
Recent tax assessments
Market value
$8,145,000
Assessed value
$3,665,250

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 $7,926,000 $3,566,700 $0 12.439% $443,662 $0 n/a
2024/25 $8,228,000 $3,702,600 $0 12.5% $457,187 $0 n/a
2023/24 $6,661,000 $2,997,450 $0 12.502% $363,332 $0 n/a
2022/23 $6,680,000 $3,006,000 $0 12.267% $347,361 $0 n/a
2021/22 $5,758,000 $2,591,100 $0 12.235% $317,021 $0 n/a
2020/21 $6,844,000 $3,079,800 $0 12.267% $332,699 $0 n/a
2019/20 $6,348,000 $2,856,600 $0 12.473% $302,005 $0 n/a
2018/19 $5,833,000 $2,624,850 $0 12.612% $260,081 $0 n/a
2017/18 $5,919,000 $2,663,550 $0 12.719% $215,675 $0 n/a
2016/17 $5,191,000 $2,335,950 $0 12.892% $181,595 $0 n/a

Permit information for Palmetto Gardens - 85 Palmetto Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/30/2026 Alteration
07/30/2026 Alteration
07/28/2026 Alteration
07/06/2026 Alteration
04/01/2021 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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
Linden St & Broadway at NW Corner
Station lines
J-Z
Distance (miles)
0.223

Access the detailed traffic volume map for Palmetto Gardens - 85 Palmetto Street, Brooklyn, NY 11221 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

Frequently asked questions

What is the year built for Palmetto Gardens - 85 Palmetto Street, Brooklyn, NY 11221?

The development at Palmetto Gardens - 85 Palmetto Street, Brooklyn, NY 11221 was built in 1980.

What is the total square footage of Palmetto Gardens - 85 Palmetto Street, Brooklyn, NY 11221?

Palmetto Gardens - 85 Palmetto Street, Brooklyn, NY 11221 has a total of 77,160 square feet.

What is the assessed value of Palmetto Gardens - 85 Palmetto Street, Brooklyn, NY 11221?

Palmetto Gardens - 85 Palmetto Street, Brooklyn, NY 11221 is currently assessed at $3,665,250.

How many residential units does this building have?

This building has 115 residential unit(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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