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872 Madison Street, Brooklyn, NY 11221 Property Information

872 Madison Street, Brooklyn, NY 11221 Property Information

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

Primary address 872 Madison Street
Neighborhood Bedford-Stuyvesant
Zip code 11221
Borough Brooklyn
Block & lot 01483-0016

Sales & Tax Overview for 872 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 06/01/2006
Purchase price $1,157,670
Tax class
Estimated property tax $21,818

Lot & Building Information for 872 Madison Street, Brooklyn

Lot sqft 3,000
Lot dimensions 30 ft x 100 ft
Building class Over Six Families without Stores (C1) i
Building sqft 8,220
Building dimensions 30 ft x 60 ft
Buildings on lot 1
Stories 4
Year built 1930
Year last altered 2005
Construction type
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Zoning & Use for 872 Madison Street, Brooklyn

Zoning
Residential units (DOF) 8
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 16
Community district 3
Closest police station 0.13 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 872 Madison Street, Brooklyn

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Floor area ratio (FAR) for 872 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 872 Madison Street, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 872 Madison Street, Brooklyn

What is the year built & the total sq. ft. for 872 Madison Street, Brooklyn, NY 11221?

872 Madison Street, Brooklyn, NY 11221 was built in 1930 and has a total of 8,220 square feet.

What is the assessed value of 872 Madison Street, Brooklyn, NY 11221 and the property tax paid?

Assessed at $843,750, the tax amount paid for 872 Madison Street, Brooklyn, NY 11221 is $20,112. For the next year, the tax amount for 872 Madison Street, Brooklyn, NY 11221 is estimated at $21,818.

When was 872 Madison Street, Brooklyn, NY 11221 last sold and what was the last sale price?

872 Madison Street, Brooklyn, NY 11221 was last sold in 06/01/2006 for $1,157,670.

How many residential units does this building have?

This building has 8 residential unit(s).

Ownership Information for 872 Madison Street, Brooklyn

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Property owner name for 872 Madison Street, Brooklyn, NY 11221
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Building contacts for 872 Madison Street, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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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.
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Past Sales & Property History for 872 Madison Street, Brooklyn

Create a free account to view the complete sales history for 872 Madison Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/01/2006 $1,157,670

Title Documents for 872 Madison Street, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
09/16/2025 - D
10/02/2025 - R
Tax Lien Sale Certificate
(2025100100521001)
06/01/2006 - D
10/10/2006 - R
Deed
(2006061402977006)
05/31/2006 - D
10/10/2006 - R
Mortgage
(2006061402977009)
05/31/2006 - D
10/10/2006 - R
Agreement
(2006061402977008)
05/31/2006 - D
10/10/2006 - R
Agreement
(2006061402977007)
06/12/2003 - R UCC3 Termination
(2003033100207009)
05/15/2003 - D
05/19/2003 - R
Initial UCC1
(2003051500323001)
05/08/2003 - D
07/16/2003 - R
Assignment of Leases and Rents
(2003051201781003)
05/08/2003 - D
07/16/2003 - R
Mortgage
(2003051201781002)
05/08/2003 - D
07/16/2003 - R
Mortgage
(2003051201781001)
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R: Recorded date
D: Document date

Property Taxes for 872 Madison Street, Brooklyn

Access detailed property tax data for 872 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: $20,112
Estimated property tax: $21,818
Tax assessor's market value: $1,875,000
Assessed value: $843,750
Exemptions granted by city:

Assessment History for 872 Madison Street, Brooklyn

Here's the assessment & property tax history for 872 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 $1,875,000 $843,750 $161,687 12.439% $44,026 $20,112 -0.99%
2024/25 $1,562,400 $703,080 $162,501 12.5% $44,242 $20,313 +2.95%
2023/24 $1,302,000 $585,900 $157,822 12.502% $42,878 $19,731 +10.34%
2022/23 $1,085,000 $488,250 $145,778 12.267% $38,955 $17,883 +8.24%
2021/22 $868,000 $390,600 $135,035 12.235% $35,976 $16,522 +9.47%

Permits for 872 Madison Street, Brooklyn

The complete history of permits filed for 872 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
10/25/2005 Alteration type 2
03/18/2004 Alteration type 1
01/05/1999 Alteration type 1
04/21/1992 Alteration type 2
         
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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) 0.163
View subway map
Bus Routes
Name Ralph Av/Putnam Av
Line B47
Distance (miles) 0.045

Neighbors for 872 Madison Street, Brooklyn

Here are the neighbors for 872 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
866 Madison St, Brooklyn 5,000 04/21/2023 $3,100,000
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
898 Madison St, Brooklyn 1,600 01/23/2025 $940,000
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
900 Madison St, Brooklyn 3,051 12/27/2024
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