940 Madison Street, Brooklyn, NY 11221 Property Information
940 Madison Street, Brooklyn, NY 11221 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 940 Madison Street |
| Secondary address | 1432 Broadway |
| Neighborhood | Bedford-Stuyvesant |
| Zip code | 11221 |
| Borough | Brooklyn |
| Block & lot | 01484-0014 |
Sales & Tax Overview for 940 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 | 01/24/2025 |
| Purchase price | $1,200,000 |
| Tax class | Register |
| Estimated property tax | $22,033 |
Lot & Building Information for 940 Madison Street, Brooklyn
| Lot sq. ft. | 995 |
| Lot dimensions | |
| Property type | Primarily Three Family with One Store or Office (S3)
|
| Building sqft | 3,950 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 4 |
| Year built | 1920 |
| Year last altered | 1998 |
| Construction type | Register |
Area Overview
| School district | 16 |
| Community district | 3 |
| Closest police station | 0.23 Miles |
| Closest fire station | 0.57 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 940 Madison Street, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 1432 Broadway, Brooklyn, NY 11221
About 940 Madison Street, Brooklyn
This Primarily Three Family with One Store or Office (S3) located at 940 Madison Street, Brooklyn, NY 11221 has a total of 3,950 square feet and a current price per square foot of $303.
What is the year built & the current market value of 940 Madison Street, Brooklyn, NY 11221?940 Madison Street, Brooklyn, NY 11221 was built in 1920 and has a current tax assessor's market value of $823,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
Ownership Information for 940 Madison Street, Brooklyn
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Past Sales & Property History for 940 Madison Street, Brooklyn
Create a free account to view the complete sales history for 940 Madison Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 01/24/2025 | $1,200,000 | Register | Register |
Title Documents for 940 Madison Street, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 940 Madison Street, Brooklyn
Access detailed property tax data for 940 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: | $20,401 |
| Estimated property tax: | $22,033 |
| Tax assessor's market value: | $823,000 |
| Assessed value: | $370,350 |
Assessment History for 940 Madison Street, Brooklyn
Here's the assessment & property tax history for 940 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 | $823,000 | $370,350 | $164,011 | 12.439% | $20,401 | $20,401 | +7.47% |
| 2024/25 | $686,000 | $308,700 | $151,865 | 12.5% | $18,983 | $18,983 | +7.98% |
| 2023/24 | $637,000 | $286,650 | $140,617 | 12.502% | $17,580 | $17,580 | +2.63% |
| 2022/23 | $531,000 | $238,950 | $139,641 | 12.267% | $17,130 | $17,130 | +2.75% |
| 2021/22 | $425,000 | $191,250 | $136,254 | 12.235% | $16,671 | $16,671 | +7.72% |
Permits for 940 Madison Street, Brooklyn
The complete history of permits filed for 940 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.
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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.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Linden St & Broadway at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | J-Z | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.215 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Broadway/Madison St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | Q24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 940 Madison Street, Brooklyn
Here are the neighbors for 940 Madison Street, Brooklyn, NY 11221.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1019 Putnam Ave, Brooklyn | 12,000 | 12/03/2020 | |
| 959 Putnam Ave, Brooklyn | 10/14/1988 | ||
| 1456 Broadway, Brooklyn | 10/31/1972 | ||
| 920 Madison St, Brooklyn | 10,400 | 07/20/2015 | $2,900,000 |
| 1007 Putnam Ave, Brooklyn | 9,769 | 06/15/2010 | $7 |
| 932 Madison St, Brooklyn | 10,400 | 03/09/2017 | |
| 953 Putnam Ave, Brooklyn | 10,800 | 03/27/1978 | |
| 965 Putnam Ave, Brooklyn | 11,700 | 08/24/2005 | $695,000 |
| 1035 Putnam Ave, Brooklyn | 04/18/1975 | ||
| 1023 Putnam Ave, Brooklyn | 9,769 | 05/14/1992 | |
| 1446 Broadway, Brooklyn | 6,160 | 03/17/2011 | |
| 1027 Putnam Ave, Brooklyn | 10,400 | 05/06/2022 | $3,535,000 |
| 1013 Putnam Ave, Brooklyn | 9,359 | 06/15/2010 | $7 |
| 963 Putnam Ave, Brooklyn | 2,100 | 12/27/2016 | |
| 967 Putnam Ave, Brooklyn | 7,000 | 04/30/2013 | |
| 1444 Broadway, Brooklyn | 6,160 | 05/09/1986 | |
| 1015 Putnam Ave, Brooklyn | 10,400 | 01/19/2016 | $2,250,000 |
| 916 Madison St, Brooklyn | 10,400 | 08/11/2009 | $445,000 |
| 961 Putnam Ave, Brooklyn | 2,400 | 12/07/1977 | |
| 969 Putnam Ave, Brooklyn | 7,000 | 02/10/2016 | $148,592 |