New York City » 11221 » Madison St » 571 Madison St

571 Madison Street, Brooklyn, NY 11221 - Property report

Also known as: 571 Madison St

Property image for 571 Madison Street, Brooklyn, NY 11221

Property type

Two Family Converted from One Family (B3)

Year built

1901

Lot sq. ft.

2,000

Sale price

$1,790,000

General information

Address

Primary address

571 Madison Street

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01640-0072

Building

Property type

Two Family Converted from One Family (B3)

Building sq. ft.

3,600

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

06/22/2023

Sale price

$1,790,000

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

84 /100. Very Walkable

Transit score

95 /100. Rider's Paradise

Bike score

70 /100. Very Bikeable

School district

Community district

Closest police station

0.51 Miles

Closest fire station

0.16 Miles

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

Ownership

Ownership information for 571 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 571 Madison Street, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
06/22/2023	$1,790,000	XXXXX, XXXX	XXXXXXX XXXX, XXXX X XXX XXXX, XXXXXX
02/28/2013	$905,000	XXXXXXX XXXX, XXXX X XXX XXXX, XXXXXX	XXXXXX XXXXX XXX
09/13/2012	$350,000	XXXXXX XXXXX XXX. ,	XXXXXX, XXXXX XXX XXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/20/2023 - R 07/11/2023 - D	Satisfaction of Mortgage (2023071900710001)	XXXXXXX XXXX XXXX X	XXXXXXXX XX
07/19/2023 - R 07/11/2023 - D	Satisfaction of Mortgage (2023071700320001)	XXXXXXX XXXX XXXX X	XXXXXXXX XXXXX XXXX X X
08/18/2023 - R 06/22/2023 - D	Mortgage (2023070500857002)	XXXXX XXXX	XXXXXXXX X X
08/18/2023 - R 06/22/2023 - D	Deed (2023070500857001)	XXXXXXX XXXX XXXX X	XXXXX XXXX
08/18/2023 - R 05/04/2023 - D	Power of Attorney (2023070500857004)	XXXX XXXXXX	XXXXX XXXXX X
08/18/2023 - R 05/04/2023 - D	Power of Attorney (2023070500857003)	XXXX XXXX XXXXXX X	XXXXX XXXXX X
07/27/2016 - R 06/23/2016 - D	Agreement (2016072200172003)	XXXXXXX XXXX XXXX X	XXXXXXXX XXXXX XXXX XX
07/27/2016 - R 06/23/2016 - D	Mortgage (2016072200172002)	XXXXXXX XXXX XXXX X	XXXXXXXX XXXXX XXXX XX
07/27/2016 - R 05/20/2016 - D	Subordination of Mortgage (2016072200172004)	XXXXXXXX XX	XXXXXXXX XXXXX XXXX XX
07/27/2016 - R 04/26/2016 - D	Assignment, Mortgage (2016072200172001)	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX	XXXXXXXX XXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 571 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

$1,825,000

Assessed value

$109,500

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	$1,625,000	$97,500	$26,369	19.843%	$5,232	$5,232	+4.47%
2024/25	$1,742,000	$104,520	$24,936	20.085%	$5,008	$5,008	+1.02%
2023/24	$1,792,000	$107,520	$24,685	20.085%	$4,958	$4,958	+4.83%
2022/23	$1,597,000	$95,820	$23,288	20.309%	$4,730	$4,730	+7.71%
2021/22	$1,751,000	$105,060	$21,997	19.963%	$4,391	$4,391	-5.05%
2020/21	$2,123,000	$127,380	$21,974	21.045%	$4,624	$4,624	+5.14%
2019/20	$1,688,000	$101,280	$20,780	21.167%	$4,399	$4,399	+2.21%
2018/19	$1,536,000	$92,160	$20,571	20.919%	$4,303	$4,303	+8.77%
2017/18	$1,435,000	$86,100	$19,407	20.385%	$3,956	$3,956	+7.96%
2016/17	$1,128,000	$67,680	$18,331	19.991%	$3,665	$3,665	+2.34%

Permits

Permit information for 571 Madison Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	12/21/2010	B
	12/21/2010	B
	09/29/2010	B

*Most recent HPD violations on record 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)

0.519

View subway map

Access the detailed traffic volume map for 571 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	0.14
La Cima Charter School	5	No	Charter	K-5	199	0.14
The Co-Op School	NR	No	Private	K-7	118	0.24
P.S. 44 Marcus Garvey	3	No	Public	PK, K-5	119	0.34
P.S. 44 Marcus Garvey	3	No	Public	PK, K-5	119	0.34
Brooklyn Brownstone School	8	No	Public	PK, K-5	310	0.36
Brooklyn Brownstone School	8	No	Public	PK, K-5	310	0.36

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Ember Charter School	7	No	Charter	K-12	423	0.11
P.S. 308 Clara Cardwell	3	No	Public	PK, K-8	212	0.11
Ms 267 Math Science And Technology	5	No	Public	6-8	149	0.14
Uncommon Bed-Stuy East Middle School	7	No	Charter	5-8	342	0.14
The Co-Op School	NR	No	Private	K-7	118	0.24
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.34
Jhs 57 Whitelaw Reid	3	No	Public	6-8	100	0.34
Ms 35 Stephen Decatur	7	No	Public	6-8	185	0.36
Madiba Prep Middle School	6	No	Public	6-8	201	0.38
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
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.34
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
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.52
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.53
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.54
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.55
NELSON MANDELA HIGH SCHOOL	4	No	Public	9-12	133	0.59

Frequently asked questions

What is the year built for 571 Madison Street, Brooklyn, NY 11221?

The development at 571 Madison Street, Brooklyn, NY 11221 was built in 1901.

What is the total square footage of 571 Madison Street, Brooklyn, NY 11221?

571 Madison Street, Brooklyn, NY 11221 has a total of 3,600 square feet.

When was 571 Madison Street, Brooklyn, NY 11221 last sold and what was the sale price?

571 Madison Street, Brooklyn, NY 11221 was last sold on 06/22/2023 for $1,790,000.

What is the assessed value of 571 Madison Street, Brooklyn, NY 11221?

571 Madison Street, Brooklyn, NY 11221 is currently assessed at $109,500.

What are the property taxes for 571 Madison Street, Brooklyn, NY 11221?

The property taxes for 571 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.