New York City » 11221 » Madison St » 579 Madison St

579 Madison Street, Brooklyn, NY 11221 - Property report

Also known as: 579 Madison St

Property image for 579 Madison Street, Brooklyn, NY 11221

Property type

Two Family Converted from One Family (B3)

Year built

1901

Lot sq. ft.

2,000

Sale price

$2,325,000

General information

Address

Primary address

579 Madison Street

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01640-0068

Building

Property type

Two Family Converted from One Family (B3)

Building sq. ft.

2,700

Building dimensions

20 ft x 45 ft

Buildings on lot

Stories

Year built

1901

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

05/24/2021

Sale price

$2,325,000

Tax

Tax year

2026-2027

Property tax

$5,238

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Madison Street (narrow)

Nearest wide street

Lexington Avenue

Distance to wide street

Lot dimensions

20 ft x 100 ft

Lot sq. ft.

2,000

Area overview

Walk score

85 /100. Very Walkable

Transit score

96 /100. Rider's Paradise

Bike score

70 /100. Very Bikeable

School district

Community district

Closest police station

0.53 Miles

Closest fire station

0.16 Miles

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

Ownership

Ownership information for 579 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 579 Madison Street, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
05/24/2021	$2,325,000	XXXXX, XXXXXXXXXXX XXX XXXXX, XXXXXXXXXXX	XXXXX, XXXXX XXX XXXXXXX, XXX
07/09/2018	$1,315,000	XXXXX, XXXXX XXX XXXXXXX, XXX	XXXXXXXX, XXX XXXXXXXXX X XXX XXXXXXXX, XXXXXX X XXX XXXXXXXX, XXXXXX XXX XXXXXX, XXXXXXXXX X
09/02/2015	$10	XXXXXXXX, XXXXXX X XXX XXXXXXXX, XXXXXX XXX XXXXXX, XXXXXXXXX X	XXXXXXXX, XXXXXX X XXX XXXXXXXX, XXXXXX XXX XXXXXX, XXXXXXXXX X XXX XXXX XXXXXXXX XXXX XXXXXX, XXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/26/2023 - R 09/18/2023 - D	Deed (2023092100995001)	XXXXX XXXXXXXXXXX X	XXXXXXXXXXX X XXXXX XXXXXXXXX XXXXX
06/22/2021 - R 05/26/2021 - D	Assignment, Mortgage (2021061500228002)	XXXX XX XXXXXXX X X	XX XXXXXXX XXX XXXX XX XXXXXXX X X
06/22/2021 - R 05/24/2021 - D	Agreement (2021061500228003)	XXXXX XXXXXXXXXXX	XXXX
06/11/2021 - R 05/24/2021 - D	Mortgage (2021060301281003)	XXXXX XXXXXXXXXXX	XXXX
06/11/2021 - R 05/24/2021 - D	Deed (2021060301281002)	XXXXX XXXXX	XXXXX XXXXXXXXXXX
06/22/2021 - R 05/18/2021 - D	Assignment, Mortgage (2021061500228001)	XXXXXXXX XXXX X X	XXXX XX XXXXXXX X X
06/11/2021 - R 05/17/2021 - D	Power of Attorney (2021060301281001)	XXXXX XXXXXXXXXXX	XXXXXXX XXXXXXX X
08/25/2020 - R 06/20/2020 - D	Agreement (2020082500627003)	XXXXXXXX XXXX X X	XXXXX XXXXX
08/25/2020 - R 06/20/2020 - D	Mortgage (2020082500627001)	XXXXX XXXXX	XXXXXXXX XXXX X X
08/25/2020 - R 05/28/2020 - D	Assignment, Mortgage (2020082500627002)	XXXXXXXX X X	XXXXXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 579 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

Property tax

$5,238

Municipal exemptions

Recent tax assessments

Market value

$2,057,000

Assessed value

$123,420

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	$1,623,000	$97,380	$26,369	19.843%	$5,232	$5,232	+4.47%
2024/25	$1,546,000	$92,760	$24,936	20.085%	$5,008	$5,008	+1.02%
2023/24	$1,663,000	$99,780	$24,685	20.085%	$4,958	$4,958	+4.83%
2022/23	$1,518,000	$91,080	$23,288	20.309%	$4,730	$4,730	+7.71%
2021/22	$1,182,000	$70,920	$21,997	19.963%	$4,391	$4,391	-5.05%
2020/21	$1,433,000	$85,980	$21,974	21.045%	$4,624	$4,624	+5.14%
2019/20	$1,426,000	$85,560	$20,780	21.167%	$4,399	$4,399	+2.21%
2018/19	$1,401,000	$84,060	$20,571	20.919%	$4,303	$4,303	+8.77%
2017/18	$953,000	$57,180	$19,407	20.385%	$3,956	$3,956	+7.96%
2016/17	$706,000	$42,360	$18,331	19.991%	$3,665	$3,665	+2.34%

Permits

Permit information for 579 Madison Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Stuyvesant Heights residential market stats

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

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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

Stuyvesant Ave & Fulton St at NW Corner

Station lines

A-C

Distance (miles)

0.517

View subway map

Access the detailed traffic volume map for 579 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 308 Clara Cardwell	3	Yes	Public	PK, K-8	212	0.11
P.S. 308 Clara Cardwell	3	Yes	Public	PK, K-8	212	0.11
Ember Charter School	7	No	Charter	K-12	423	0.11
Uncommon Bed-Stuy East Middle School	7	No	Charter	5-8	342	0.13
La Cima Charter School	5	No	Charter	K-5	199	0.13
The Co-Op School	NR	No	Private	K-7	118	0.26
P.S. 262 El Hajj Malik El Shabazz Elementary School	5	No	Public	PK, K-5	161	0.35
P.S. 262 El Hajj Malik El Shabazz Elementary School	5	No	Public	PK, K-5	161	0.35
P.S. 44 Marcus Garvey	3	No	Public	PK, K-5	119	0.35
P.S. 44 Marcus Garvey	3	No	Public	PK, K-5	119	0.35

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 308 Clara Cardwell	3	No	Public	PK, K-8	212	0.11
Ember Charter School	7	No	Charter	K-12	423	0.11
Ms 267 Math Science And Technology	5	No	Public	6-8	149	0.13
Uncommon Bed-Stuy East Middle School	7	No	Charter	5-8	342	0.13
The Co-Op School	NR	No	Private	K-7	118	0.26
Jhs 57 Whitelaw Reid	3	No	Public	6-8	100	0.34
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.35
Ms 35 Stephen Decatur	7	No	Public	6-8	185	0.36
Madiba Prep Middle School	6	No	Public	6-8	201	0.37
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.46

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Boys and Girls High School	2	Yes	Public	9-12	403	0.59
Ember Charter School	7	No	Charter	K-12	423	0.11
The Brooklyn Academy Of Global Finance	3	No	Public	9-12	190	0.34
Brooklyn Emerging Leaders Academy Charter School	2	No	Charter	9-12	236	0.34
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.35
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.53
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.53
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.53
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.55
NELSON MANDELA HIGH SCHOOL	4	No	Public	9-12	133	0.59

Frequently asked questions

What is the year built for 579 Madison Street, Brooklyn, NY 11221?

The development at 579 Madison Street, Brooklyn, NY 11221 was built in 1901.

What is the total square footage of 579 Madison Street, Brooklyn, NY 11221?

579 Madison Street, Brooklyn, NY 11221 has a total of 2,700 square feet.

When was 579 Madison Street, Brooklyn, NY 11221 last sold and what was the sale price?

579 Madison Street, Brooklyn, NY 11221 was last sold on 05/24/2021 for $2,325,000.

What is the assessed value of 579 Madison Street, Brooklyn, NY 11221?

579 Madison Street, Brooklyn, NY 11221 is currently assessed at $123,420.

What are the property taxes for 579 Madison Street, Brooklyn, NY 11221?

The property taxes for 579 Madison Street, Brooklyn, NY 11221 total $5,237.

How many residential units does this building have?

This building has 2 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.