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518 Madison Street #1, Brooklyn, NY 11221 Property Information

518 Madison Street #1, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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518 Madison Street #1, Brooklyn, NY 11221 2
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Address

Primary address 518 Madison Street #1
Secondary address 518 Madison St,,
Neighborhood Bedford-Stuyvesant
Zip code 11221
Borough Brooklyn
Block & lot 01644-1101

Sales & Tax Overview for 518 Madison Street #1, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 03/22/2016
Purchase price $1,313,359
Tax class
Estimated property tax $4,885

Lot & Building Information for 518 Madison Street #1, Brooklyn

Lot sqft 2,000
Building class Condo - Residential Unit of 1-3 Unit Building (Original Class 1) (R6) i
Building sqft 2,637
Buildings on lot 1
Stories 4
Structure type Row
Year built 1901
Year last altered 2013
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Zoning & Use for 518 Madison Street #1, Brooklyn

Residential units (DOF) 1

Area Overview

Walk Score
91 /100. Walker's Paradise
Transit Score
100 /100. Rider's Paradise
Bike Score
72 /100. Very Bikeable

School district 16
Community district 3

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Unit Overview

Unit # 1

Other Property Data for 518 Madison Street #1, Brooklyn

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Floor area ratio (FAR) for 518 Madison Street #1, Brooklyn, NY 11221, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 518 Madison Street #1, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 518 Madison St,,

About 518 Madison Street #1, Brooklyn

What is the year built & the total sq. ft. for 518 Madison Street #1, Brooklyn, NY 11221?

518 Madison Street #1, Brooklyn, NY 11221 was built in 1901 and has a total of 2,637 square feet.

What is the assessed value of 518 Madison Street #1, Brooklyn, NY 11221 and the property tax paid?

Assessed at $87,549, the tax amount paid for 518 Madison Street #1, Brooklyn, NY 11221 is $4,885. For the next year, the tax amount for 518 Madison Street #1, Brooklyn, NY 11221 is estimated at $4,885.

When was 518 Madison Street #1, Brooklyn, NY 11221 last sold and what was the last sale price?

518 Madison Street #1, Brooklyn, NY 11221 was last sold in 03/22/2016 for $1,313,359.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 518 Madison Street #1, Brooklyn

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Property owner name for 518 Madison Street #1, Brooklyn, NY 11221
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Building contacts for 518 Madison Street #1, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
Hudson Yards Leads for 7th Consecutive Year, Despite Y-o-Y Price Drop
Laura Pop-Badiu, Jan 29, 2026 Hudson Yards Leads for 7th Consecutive Year, Despite Y-o-Y Price Drop
Prices continued to rise across most of the 50 priciest New York City neighborhoods in 2025, with increases of up to 39% year-over-year. Hudson Yards remained the most expensive NYC neighborhood for the seventh consecutive year, despite its median sale price dropping.
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Past Sales & Property History for 518 Madison Street #1, Brooklyn

Create a free account to view the complete sales history for 518 Madison Street #1, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
03/22/2016 $1,313,359

Title Documents for 518 Madison Street #1, Brooklyn

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.

Date Type Amount Party 1 Party 2 Doc image
03/22/2016 - D
03/29/2016 - R		 Mortgage
(2016032801035003)
03/22/2016 - D
03/29/2016 - R		 Power of Attorney
(2016032801035002)
03/22/2016 - D
03/29/2016 - R		 Deed
(2016032801035001)
02/23/2016 - D
03/09/2016 - R		 Maps
(2016030200428002)
10/22/2015 - D
03/09/2016 - R		 Condo Declaration
(2016030200428001)
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R: Recorded date
D: Document date

Property Taxes for 518 Madison Street #1, Brooklyn

Access detailed property tax data for 518 Madison Street #1, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $4,885
Estimated property tax: $4,885
Tax assessor's market value: $1,459,150
Assessed value: $87,549

More about New York City Property Taxes

Assessment History for 518 Madison Street #1, Brooklyn

Here's the assessment & property tax history for 518 Madison Street #1, 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 $1,459,150 $87,549 $24,619 19.843% $4,885 $4,885 -0.46%
2024/25 $1,578,500 $94,710 $24,435 20.085% $4,908 $4,908 +6.00%
2023/24 $1,937,100 $116,226 $23,052 20.085% $4,630 $4,630 +4.83%
2022/23 $1,785,850 $107,151 $21,747 20.309% $4,417 $4,417 +7.83%
2021/22 $1,617,550 $97,053 $20,516 19.963% $4,096 $4,096 -5.13%
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Permits for 518 Madison Street #1, Brooklyn

The complete history of permits filed for 518 Madison Street #1, 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.

No recorded permits for this property.

Bedford-Stuyvesant Residential Market Stats

Access a detailed real estate market overview of Bedford-Stuyvesant so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Bedford-Stuyvesant and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$840,000
-1.2% YoY
Median Price/Sqft
$903
1.2% YoY
Brooklyn Median Sale Price
$839,000
6.2% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Transportation

Distance to Subway
Closest station Throop Ave & Fulton St at NE Corner
Station lines A-C
Distance (miles) 0.442
View subway map
Bus Routes
Name Marcus Garvey Bl/Madison St
Line B15
Distance (miles) 0.072

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
The Co-Op School NR No Private K-7 118 0.13
P.S. 44 Marcus Garvey 3 No Public PK, K-5 119 0.19
P.S. 44 Marcus Garvey 3 No Public PK, K-5 119 0.19
P.S. 308 Clara Cardwell 3 No Public PK, K-8 212 0.19
P.S. 308 Clara Cardwell 3 No Public PK, K-8 212 0.19
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
The Co-Op School NR No Private K-7 118 0.13
Unity Prep Charter School of Brooklyn 6 No Charter 6-12 558 0.19
P.S. 308 Clara Cardwell 3 No Public PK, K-8 212 0.19
Ember Charter School 7 No Charter K-12 423 0.19
Uncommon Bed-Stuy East Middle School 7 No Charter 5-8 342 0.30
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Unity Prep Charter School of Brooklyn 6 No Charter 6-12 558 0.19
Ember Charter School 7 No Charter K-12 423 0.19
Mount Pleasant Christian Academy NR No Private 1-12 0 0.37
Mt Pleasant Christian Academy NR No Private PK-12 10 0.38
The Brooklyn Academy Of Global Finance 3 No Public 9-12 190 0.44
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 518 Madison Street #1, Brooklyn

Data not available for this property.
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