# 373 Palmetto Street, Brooklyn

Condominium · 8 units · built 2021 · Block 3345, Lot 7503.

On Umarelli: https://umarelli.org/nyc/3033457503/373-palmetto-street

More construction in Wyckoff Heights: https://umarelli.org/nyc/brooklyn/wyckoff-heights.md

## Building permits

- Alteration, filed Jun 29, 2021, estimated cost $6K, described as “Installation of medium duty pipe scaffolding as per plans. No change in use occupancy or egress under this application. Pipe scafffolding shall comply with chapter 33 of the 2014 NYC building code.”
- Alteration, filed Jun 3, 2021, estimated cost $6K, described as “Installation of heavyduty sidewalk shed as per plans. No change in use occupancy or egresss under this application. Sidewalk shed shall comply with chapter 33 of the 2014 NYC building code.”
- Alteration, filed Oct 22, 2020, estimated cost $100K, described as “Proposed Mechanical work in conjunction with new building application # 340747053”
- Alteration, filed Oct 22, 2020, estimated cost $150K, described as “Proposed structural work in conjunction with new building application # 340747053”
- Alteration, filed Oct 22, 2020, estimated cost $21K, described as “Proposed SPRINKLERS work in conjunction with new building application # 340747053”
- Alteration, filed Oct 12, 2020, estimated cost $61K, described as “Proposed plumbing work in conjunction with New Building application # 340747053”
- Alteration, filed Sep 15, 2020, estimated cost $3K, described as “Temporary fence application filed in conjunction with the NB, Application #340747053.”

## Property taxes

- Assessment: $1,098,900
- 2026–27 tax: $81,375
- Market value (city estimate): $2,442,001
- Taxable value: $725,595
- Assessed land: $95,401
- Assessed improvements: $1,003,499
- Condo units with their own tax lots: 8

## Tax breaks

- Co-op and condo abatement, with no end date, a $8,882 credit this tax year.

## Zoning

R6: floor area ratio 2.39 built, 2.43 allowed by base zoning.

## Recent sales

- Jul 30, 2026: $286,112, Apt 2A
- Jun 15, 2023: $590,338, Apt 1A
- Apr 25, 2023: $999,000, Apt 1B
- Mar 7, 2023: $620,000, Apt 2A
- Jan 31, 2023: $620,000, Apt 2B
- Dec 15, 2022: $630,000, Apt 3A
- Nov 17, 2022: $635,000, Apt 3B
- Nov 17, 2022: $650,000, Apt 4A
- Nov 10, 2022: $1,059,581, Apt 4B

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Sales Launch for 373 Palmetto Street in Bushwick, Brooklyn](https://newyorkyimby.com/2022/06/sales-launch-for-373-palmetto-street-in-bushwick-brooklyn.html), New York YIMBY, Jun 24, 2022.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology