Kings » 11221 » Madison St » 851 Madison St

851 Madison Street, Brooklyn, NY 11221 - Property report

Also known as: 851 Madison St

Property image for 851 Madison Street, Brooklyn, NY 11221

Property type

Over Six Families without Stores (C1)

Year built

2005

Lot sq. ft.

2,500

Sale price

$3,950,000

General information

Address

Primary address

851 Madison Street

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01481-0051

Building

Property type

Over Six Families without Stores (C1)

Building sq. ft.

4,876

Building dimensions

25 ft x 49 ft

Buildings on lot

Stories

Year built

2005

Last altered

2017

Building material

Sales

Sale date

10/19/2022

Sale price

$3,950,000

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

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

25 ft x 100 ft

Lot sq. ft.

2,500

Area overview

Walk score

92 /100. Walker's Paradise

Transit score

97 /100. Rider's Paradise

Bike score

71 /100. Very Bikeable

School district

Community district

Closest police station

0.13 Miles

Closest fire station

0.66 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 851 Madison Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 851 Madison Street, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
10/19/2022	$3,950,000	XXXXXXXXX XXXXXX XX X X X	XXX XXXXXXX XXXXXXXXXX XXX
04/26/2017	$1,100,000	XXX XXXXXXX XXXXXXXXXX XXX	XXXX, XXXXXXX XXX XXXXXX, XXXXXXXXX
11/10/2005	$799,000	XXXX, XXXXXXX XXX XXXXXX, XXXXXXXXX	XXX XXXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/30/2025 - R	UCC3 Termination (2025121900700030)	XXXXXXXXX XXXXXX X X X	XXXXXXX XXX XXXXXXXXXXX X X
12/30/2025 - R 12/15/2025 - D	Termination of Assign of L&R (2025121900700017)	XXXXXXX XXX XXXXXXXXXXX X X	XXXXXXXXX XXXXXX X X X
12/23/2025 - R 12/15/2025 - D	Assignment, Mortgage (2025121600124024)	XXXXXX XXXXXX XXX	XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
12/23/2025 - R 12/15/2025 - D	Agreement (2025121600124023)	XXXXXXXXX XXXXXX XXX X X X	XXXXXX XXXXXX XXX
12/23/2025 - R 12/15/2025 - D	Assignment, Mortgage (2025121600124019)	XXXXXXX XXX XXXXXXXXXXX X X	XXXXXX XXXXXX XXX
04/06/2023 - R	Initial UCC1 (2023040600263011)	XXXXXXXXX XXXXXX X X X	XXXXXXX XXX XXXXXXXXXXX X X
04/06/2023 - R 04/04/2023 - D	Assignment of Leases and Rents (2023040600263009)	XXXXXXXXX XXXXXX X X X	XXXXXXX XXX XXXXXXXXXXX X X
04/06/2023 - R 04/04/2023 - D	Mortgage (2023040600263007)	XXXXXXXXX XXXXXX X X X	XXXXXXX XXX XXXXXXXXXXX X X
04/06/2023 - R 04/04/2023 - D	Deed (2023040600263005)	XXXXXXXXX XXXXXX XX X X X	XXXXXXXXX XXXXXX X X X
11/17/2022 - R	UCC3 Termination (2022110800486001)	XXX XXXXXXX XXXXXXXXXX XXX	XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 851 Madison 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

$1,610,000

Assessed value

$724,500

More about New York City property taxes

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	$1,342,000	$603,900	$71,381	12.439%	$20,255	$75,119	+11.10%
2024/25	$1,202,000	$540,900	$69,542	12.5%	$18,847	$67,613	+39866.04%
2023/24	$1,120,000	$504,000	$71,995	12.502%	$18,850	$169	-99.72%
2022/23	$1,096,000	$493,200	$66,074	12.267%	$17,922	$60,501	+25.30%
2021/22	$877,000	$394,650	$73,469	12.235%	$16,551	$48,285	+495.44%
2020/21	$939,000	$422,550	$66,106	12.267%	$15,365	$8,109	-43.94%
2019/20	$875,000	$393,750	$115,980	12.473%	$14,466	$14,466	+92.09%
2018/19	$1,254,000	$75,240	$36,000	20.919%	$7,531	$7,531	+3.40%
2017/18	$1,094,000	$65,640	$35,730	20.385%	$7,284	$7,284	+8.09%
2016/17	$810,000	$48,600	$33,708	19.991%	$6,739	$6,739	+8.37%

Permits

Permit information for 851 Madison Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
06/04/2024	Alteration
08/08/2018	Alteration
03/09/2018	Alteration type 2
01/29/2018	Alteration
01/09/2018	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	03/21/2005	Clos-padlock
	05/04/1998	Ll6291-local law 62/91 - boilers
	09/16/1997	Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Linden St & Broadway at SW Corner

Station lines

J-Z

Distance (miles)

0.137

View subway map

Access the detailed traffic volume map for 851 Madison 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

Neighbors for 851 Madison Street, Brooklyn, NY

827 Madison St, Brooklyn 8 Howard Ave, Brooklyn 848 Monroe St, Brooklyn 842 Monroe St, Brooklyn 847 Madison St, Brooklyn 831 Madison St, Brooklyn 852 Monroe St, Brooklyn 841 Madison St, Brooklyn 839 Madison St, Brooklyn 825 Madison St, Brooklyn 846 Monroe St, Brooklyn 844 Monroe St, Brooklyn 845 A Madison St, Brooklyn 829 Madison St, Brooklyn 16 Howard Ave, Brooklyn 850 Monroe St, Brooklyn 845 Madison St, Brooklyn 853 Madison St, Brooklyn 840 Monroe St, Brooklyn

Frequently asked questions

What is the year built for 851 Madison Street, Brooklyn, NY 11221?

The development at 851 Madison Street, Brooklyn, NY 11221 was built in 2005.

What is the total square footage of 851 Madison Street, Brooklyn, NY 11221?

851 Madison Street, Brooklyn, NY 11221 has a total of 4,876 square feet.

When was 851 Madison Street, Brooklyn, NY 11221 last sold and what was the sale price?

851 Madison Street, Brooklyn, NY 11221 was last sold on 10/19/2022 for $3,950,000.

What is the assessed value of 851 Madison Street, Brooklyn, NY 11221?

851 Madison Street, Brooklyn, NY 11221 is currently assessed at $724,500.

What are the property taxes for 851 Madison Street, Brooklyn, NY 11221?

The property taxes for 851 Madison Street, Brooklyn, NY 11221 total $8,871.

How many residential units does this building have?

This building has 7 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.