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Brooklyn / Bushwick (East) / 11221

87 PALMETTO STREET

Boro3
Block3340
Lot20
BBL3033400020
Class D1
Residential units
115
Units in total
115
Storeys
6
Year built
1980
Last alteration on file
2019
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 27,750 SQ FT6
Drawn from PLUTO: 6 storeys, 77,160 sq ft of building on 27,750 sq ft of lot, an average floor plate covering 46% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
27,750 sq ft
Building area
77,160 sq ft
Residential area
77,160 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.78
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$436,950
Assessed total value
$3,665,250
Exempt value
$3,665,250
Assessed per residential unit
$31,872

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Bushwick (East)
ZIP code
11221
Community district
Brooklyn 4
Council district
37
Coordinates
40.691539, -73.919236
05

Other buildings in Bushwick (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
340 EVERGREEN AVENUED116820190-
8 PALMETTO STREETRM11520200-
871 BUSHWICK AVENUERI11019540-
1325 BROADWAYD710720230-
43 GOODWIN PLACED110019911-
297 WILSON AVENUED19619960-
1103 GATES AVENUEC18319281-
1255 GATES AVENUED18320080-
269 CENTRAL AVENUEC17219820-
335 IRVING AVENUERR7019630-
93 LINDEN STREETD16820191-
575 CENTRAL AVENUED96720060-

Every building on file in Bushwick (East)