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866 Madison Street, Brooklyn, NY 11221 Property Information

866 Madison Street, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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866 Madison Street, Brooklyn, NY 11221 1
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Address

Primary address 866 Madison Street
Secondary address 866-868 Madison St
Neighborhood Bedford-Stuyvesant
Zip code 11221
Borough Brooklyn
Block & lot 01483-0013

Sales & Tax Overview for 866 Madison Street, Brooklyn

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

Purchase date 04/21/2023
Purchase price $3,100,000
Tax class
Estimated property tax $26,858

Lot & Building Information for 866 Madison Street, Brooklyn

Lot sqft 5,000
Lot dimensions 50 ft x 100 ft
Building class Fireproof Warehouse (E1) i
Building sqft 5,000
Building dimensions 50 ft x 100 ft
Buildings on lot 1
Stories 1
Year built 1931
Construction type
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Zoning & Use for 866 Madison Street, Brooklyn

Zoning
Commercial units 1
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 16
Community district 3
Closest police station 0.12 Miles
Closest fire station 0.67 Miles

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

Other Property Data for 866 Madison Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 866 Madison Street, 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 866 Madison Street, 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.

  • 866-868 Madison St, Brooklyn, NY 11221

About 866 Madison Street, Brooklyn

How many sq. ft. does 866 Madison Street, Brooklyn, NY 11221 have & what is the price per sq. ft?

This Fireproof Warehouse (E1) located at 866 Madison Street, Brooklyn, NY 11221 has a total of 5,000 square feet and a current price per square foot of $620.

What is the year built & the current market value of 866 Madison Street, Brooklyn, NY 11221?

866 Madison Street, Brooklyn, NY 11221 was built in 1931 and has a current tax assessor's market value of $570,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 866 Madison Street, Brooklyn

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Property owner name for 866 Madison Street, Brooklyn, NY 11221
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Building contacts for 866 Madison Street, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 866 Madison Street, Brooklyn

Create a free account to view the complete sales history for 866 Madison Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/21/2023 $3,100,000

Title Documents for 866 Madison Street, 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
04/19/2024 - R UCC3 Amendment
(2024041900519001)
04/27/2023 - R Initial UCC1
(2023042600650001)
04/21/2023 - D
04/27/2023 - R
Assignment of Leases and Rents
(2023042400185003)
04/21/2023 - D
04/27/2023 - R
Mortgage
(2023042400185002)
04/21/2023 - D
04/27/2023 - R
Deed
(2023042400185001)
12/13/1984 - R Satisfaction of Mortgage
(3960001058396)
05/26/1969 - R Mortgage
(36930033600089)
05/26/1969 - R Deed
(36930033600087)
04/29/1968 - R Deed
(36830070700490)
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R: Recorded date
D: Document date

Property Taxes for 866 Madison Street, Brooklyn

Access detailed property tax data for 866 Madison Street, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $24,886
Estimated property tax: $26,858
Tax assessor's market value: $570,000
Assessed value: $256,500

Assessment History for 866 Madison Street, Brooklyn

Here's the assessment & property tax history for 866 Madison Street, 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 $570,000 $256,500 $229,410 10.848% $24,886 $24,886 +3.73%
2024/25 $565,000 $254,250 $222,930 10.762% $23,992 $23,992 +4.69%
2023/24 $533,000 $239,850 $216,360 10.592% $22,917 $22,917 +2.65%
2022/23 $487,000 $219,150 $209,700 10.646% $22,325 $22,325 +17.07%
2021/22 $394,000 $177,300 $177,300 10.755% $19,069 $19,069 -13.41%

Permits for 866 Madison Street, Brooklyn

The complete history of permits filed for 866 Madison Street, 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.

Filing date Job type Job status Job description Initial cost
11/18/2024 Alteration
11/18/2024 Alteration
09/21/2023 Alteration
05/01/2023 Alteration
12/21/2021 Alteration
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Linden St & Broadway at SW Corner
Station lines J-Z
Distance (miles) 0.164
View subway map
Bus Routes
Name Ralph Av/Putnam Av
Line B47
Distance (miles) 0.034

Neighbors for 866 Madison Street, Brooklyn

Here are the neighbors for 866 Madison Street, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
870 Madison St, Brooklyn 2,400 03/15/2007 $476,118
827 Madison St, Brooklyn 2,250 09/20/2006
888 Madison St, Brooklyn 4,977 06/03/2014 $1,325,000
85 Ralph Ave, Brooklyn 6,960 04/29/2014 $1,500,000
87 Ralph Ave, Brooklyn 10,684 06/03/2003 $843,693
876 Madison St, Brooklyn 1,600 08/25/2014 $850,000
831 Madison St, Brooklyn 30,000 08/07/1996
872 Madison St, Brooklyn 8,220 06/01/2006 $1,157,670
878 Madison St, Brooklyn 1,400 10/24/2000
73 Ralph Ave, Brooklyn 5,900 04/24/1991
1396 Broadway, Brooklyn 80,606 07/06/2000
825 Madison St, Brooklyn 2,925 04/28/2025
884 Madison St, Brooklyn 6,500 10/05/2012 $730,000
829 Madison St, Brooklyn 2,250 10/21/2002
886 Madison St, Brooklyn 6,500 06/12/2014 $1,000,000
75 Ralph Ave, Brooklyn 43,680 10/09/2020 $30,600,000
896 Madison St, Brooklyn 6,500 03/08/2018 $1,390,000
880 Madison St, Brooklyn 4,200 11/28/2023 $100
882 Madison St, Brooklyn 4,875 12/10/1979
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